Yinson Production
Yinson Production is an integrated provider of comprehensive FPSO solutions with full-spectrum capabilities in construction, operation, and asset management throughout the assets’ lifecycles.
Purpose
Strategic goals (2025 - 2035)
- Lead the lease and operate space for mid-sized FPSOs.
- Lead in technological and digital innovation to deliver industry-leading performance and ESG standards.
- Achieve a resilient financial ecosystem to support sustained value creation.
- Establish synergistic businesses within the offshore energy ecosystem.
Strategies
- Secure quality projects that align with our strategic goals and deliver them safely, on time and on budget.
- Maintain industry-leading uptime and safety performance.
- Invest in digitalisation and technologies to increase productivity, enhance asset efficiency, and promote environmental sustainability.
- Ensure access to financing and broaden the funding base, optimise capital structure and increase capital velocity to support growth and capture market opportunities.
- Explore and develop businesses that leverage our core expertise and meet the needs of the offshore energy industry.
- Build a world-class leadership team and workforce.
Yinson Production at a glance
Sustainability
industry forerunner in decarbonisation and sustainable FPSO design
As at FY2025
Fleet list
Yinson Production has a globally diverse asset base with a portfolio of 10 high-quality assets. We have a substantial fleet employment with long-term lease and operate contracts and USD 19.4 billion contract backlog through 2048
FSO PTSC Bien Dong 01, Vietnam
| Country | Vietnam |
| First oil | 2013 |
| Client | PTSC |
| Capacity | Storage: 350,000 barrels |
| Contract |
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| Ownership | 49% |
FPSO PTSC Lam Son, Vietnam
| Country | Vietnam |
| First oil | 2014 |
| Client | PTSC |
| Capacity |
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| Contract |
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| Ownership | 49% |
FPSO John Agyekum Kufuor, Ghana
| Country | Ghana |
| First oil | 2017 |
| Client | Eni |
| Capacity |
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| Contract |
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| Ownership | 74% |
FPSO Helang, Malaysia
| Country | Malaysia |
| First oil | 2019 |
| Client | ENEOS Xplora Malaysia Limited |
| Capacity |
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| Contract |
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| Ownership | 100% |
FPSO Abigail-Joseph, Nigeria
| Country | Nigeria |
| First oil | 2020 |
| Client | FIRST E&P |
| Capacity |
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| Contract |
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| Ownership | 100% |
FPSO Anna Nery, Brazil
| Country | Brazil |
| First oil | 2023 |
| Client | Petrobras |
| Capacity |
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| Contract | Firm: 25 years (until 2048) |
| Ownership | 63.2% |
FPSO Maria Quitéria, Brazil
| Country | Brazil |
| First oil | 2024 |
| Client | Petrobras |
| Capacity |
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| Contract | Firm: 22.5 years |
| Ownership | 100% |
FPSO Atlanta, Brazil
| Country | Brazil |
| First oil | 2024 |
| Client | Brava Energia |
| Capacity |
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| Contract |
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| Ownership | 100% |
FPSO Agogo, Angola
| Country | Angola |
| First oil | 2025 (expected) |
| Client | Azule Energy (50/50 JV of BP and Eni) |
| Capacity |
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| Contract |
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| Ownership | 100% |
FSO Lac Da Vang
| Country | Vietnam |
| First oil | Expected 2026 |
| Client | Murphy Cuu Long Bac Oil Co. Ltd |
| Capacity |
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| Contract |
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| Ownership | 49% |
Yinson Production aspires to be an ESG leader in the energy infrastructure value chain, pioneering responsible solutions that facilitate a just energy transition for all.
Our unwavering commitment is to seamlessly integrate sustainable practices in all our material processes, including innovative technologies such as:
FPSO Agogo – Leading the way to a zero emissions FPSO
Zero Emissions FPSO Concept
Yinson Production launched our Zero Emissions FPSO Concept in the year 2022. This design concept brings together current and future technologies to lower the emissions of our fleet and pave the way for widespread adoption in the industry.
Carbon capture value chain
Yinson Production is actively participating in the carbon capture value chain, with a view of diversifying our product offering while providing solutions for our clients, our industry, and beyond, to manage carbon emissions. Carbon capture and storage solutions form part of our strategy to remove the majority of the residual emissions on our operating assets.
Direct air capture onshore also forms part of our strategy to reduce our residual emissions, and at the same time can be offered as a solution to other businesses to achieve their own net zero goals.
Our participation in this value chain leverages our expertise in project execution and the operation of complex technical assets.
See next
Yinson Renewables
