Yinson Delivers Core Profit of Rm64.20 Million for Q3FYE2020
KUALA LUMPUR – 18 December 2019 YINSON HOLDINGS BERHAD (“Yinson” or the “Group”) today announced its third quarter results for the financial year ending 31 January 2020 (“Q3FYE2020”). FINANCIAL RESULTS Current Quarter vs Preceding Quarter: * Earnings associated with business operations, excluding earnings from non-operation items and gains or losses from nonrecurring items. For the […]
Yinson’s FPSO Helang achieves first gas
Yinson is pleased to announce that FPSO Helang, has successfully completed performance testing, and charter rates commenced on 6 December 2019. The Yinson team achieved timely delivery of first oil production 19 months after signing the contract for delivery of the FPSO facility with client JX Nippon Oil & Gas Exploration (Malaysia) Limited (“JX Nippon”). […]
Yinson pledges annual donation of welding consumables to Takoradi Technical Institute (TTI)
Yinson has provided USD15,000 worth of welding consumables annually to facilitate the learning experience of students enrolled in Yinson Welding Training Centre in Takoradi Technical Institute (TTI). This decision was reached upon observing the high enrolment of students at the training centre from the institute. More welding consumables would be needed to better meet the […]
Yinson supports Pretea Junior High School with donation of football jerseys
On 21 November 2019, Yinson Production West Africa Limited, a subsidiary of Yinson, expanded the coverage of its CSR efforts in host communities in Ghana to include the Pretea Junior High School. This was marked by a joint contribution of football jerseys together with our local charity partner, Futurestars. The location of the school is […]
Yinson continues to lend support to annual Local Content Conference
The 2019 Local Content Conference held in Takoradi, Ghana, marked Yinson’s second consecutive year of contribution towards the programme. The annual event took place from 20th to 22nd November this year with Yinson coming in as a Silver sponsor. Themed “Maximizing in-country Value Addition: the role of indigenous Ghanaian Companies (IGCs) in Joint Ventures (JVs) in the Upstream […]
FPSO Adoon achieves 8 years LTI free
On 18 November 2019, Yinson celebrated another amazing milestone of 8 years without Lost Time Injury (LTI) for FPSO Adoon. The achievement is a testament to Yinson’s commitment to health and safety, and the stringent standards upheld for vessel performance and crew safety. Congratulating the team, Yinson Chief Operations Officer, Flemming Grønnegaard, said that milestone […]
Yinson raises USD800m through refinancing deal for FPSO John Agyekum Kufuor
Yinson has recently sealed a USD800 million refinancing agreement with 13 local and global banks to refinance FPSO John Agyekum Kufuor, Yinson’s vessel which is currently operating in OCTP Block, offshore Ghana. The FPSO John Agyekum Kufuor is chartered to Eni Ghana Exploration & Production Ltd., a wholly owned subsidiary of Eni S.p.A., an Italian […]
Yinson bags “Best Companies to Work for in Asia” title for the second time
Yinson Holdings Berhad is once again recognised by HR Asia as one of the “Best Companies to Work for in Asia”. Receiving the award for the second consecutive time, this win truly echoes the immense investment Yinson has put into its most important stakeholder over the years – its employees. Honouring companies with outstanding employer […]
Yinson joins Africa Oil Week 2019
Yinson was honoured for the chance to take part in this year’s 26th edition of the esteemed Africa Oil Week (AOW) at Cape Town, South Africa. This marks Yinson’s third consecutive year of participation in this event. Yinsonites from the group’s Oslo (Norway), Houston (USA), Brazil and Singapore offices participated in the event. The three-day event […]
Yinson’s FPSO Abigail-Joseph project team participates in Plant-A-Tree Programme in Singapore
Yinson’s project team for FPSO Abigail-Joseph partnered up with Garden City Fund (GCF) in Singapore to cultivate their green fingers by planting 35 new trees as part of the organisation’s Plant-A-Tree Programme. Managed by GCF, a registered charity who runs various conservation, research, outreach and education initiatives in Singapore, the Plant-A-Tree Programme is a platform […]