Yinson Production and “K” LINE partner to jointly develop and market FSIU and liquefied CO² carrier solutions
Yinson Production and “K” LINE ENERGY SHIPPING (UK) LIMITED (KLES), a London-based subsidiary of Kawasaki Kisen Kaisha, Ltd. (“K” LINE), have entered into an agreement to jointly develop and market solutions for the transportation and injection of liquefied CO2, leveraging each party’s respective core expertise. Under the memorandum of understanding (MoU), Yinson Production and KLES […]
Yinson Production successfully closed USD 1 billion investment from a consortium of international investment firms to drive further growth
Yinson Production is pleased to announce the successful closing of the previously announced USD 1 billion investment from a consortium comprising a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”), and funds managed by British Columbia Investment Management Corporation (“BCI”), and RRJ Group (“RRJ”). The successful closing of the transaction follows the signing […]
Yinson Production informs about Moody’s rating and outlook
Yinson Production informs that the rating agency Moody’s has affirmed the Ba1 credit rating for Yinson Boronia Production B.V. (FPSO Anna Nery). The outlook has changed from positive to stable. According to the agency, the decision follows a change in the outlook for Petroleo Brasileiro S.A. (Petrobras) from positive to stable. The rating and outlook […]
Yinson Production successfully structured and arranged a USD 100 million stand-by LC facility
We are pleased to share that we have successfully structured and arranged a stand-by letter of credit and guarantee facility of USD 100 million. This 3-year facility, with options for extensions, is further expanding our strategic financing toolkit to support the continuous growth of Yinson Production by increasing our financial flexibility and streamlining our cash management. […]
Yinson Production Combines Teamwork and Conservation in Batam Turtle Sanctuary Project
In a purposeful step away from day-to-day financial planning, Yinson Production’s FP&A team recently travelled to the shores of Batam to support the development of a sea turtle sanctuary—underscoring our commitment to environmental sustainability and community impact. This initiative, held in collaboration with Kiki Beach, saw the team engaging in hands-on efforts such as digging […]
Yinson Production Angola Champions Beach Clean-Up as Part of “Waves of Change” Initiative
On 3 April 2025, Yinson Production Angola conducted a beach clean-up at Nicha Beach, located in the southern region of Luanda. The initiative, held under the company’s Waves of Change environmental programme, aimed to raise awareness about marine pollution and support the preservation of local coastal ecosystems. The event saw active participation from various departments within the […]
Yinson Production Ghana Opens Fourth Computer Lab to Expand Digital Learning in Ahanta West
Yinson Production Ghana has further strengthened its commitment to education and community development with the opening of a fourth computer lab at Beahu MA Basic School. This new facility builds on the success of previous labs established in Apowa, Kejabil, and Adjoa, enhancing digital learning opportunities for students in the Ahanta West Municipality. Designed to […]
Agogo FPSO sails away from Cosco shipyard
Yinson Production is pleased to announce that the Agogo FPSO has set sail from the Cosco Shipping Heavy Industry China shipyard in the early morning of 3 March 2025, following the completion of integration, mechanical completion, and onshore commissioning. The vessel will sail to the Lu Hua Shan Anchorage, where it will undergo deepwater testing […]
Yinson Production celebrates the naming and sail away of the Agogo FPSO
The Agogo FPSO, awarded to Yinson Production by Azule Energy in February 2023, is now set to sail to Angola for deployment in the Agogo Integrated West Hub Development Project The vessel features a full suite of technologies to reduce carbon emissions, and is the first FPSO in the world with a post-combustion carbon capture […]
Yinson Production completes acquisition of Stella Maris CCS, expanding its carbon capture and storage ecosystem
Yinson Production has successfully completed the acquisition of 100% of the shares in Stella Maris CCS AS (“Stella Maris”) from Altera Infrastructure. Stella Maris is a Norway-based carbon capture and storage (“CCS”) company developing a full CCS value chain, including carbon capture, intermediate storage, offshore transportation, and permanent sequestration of CO2 captured from industrial sources. Stella […]