Yinson Production’s Milestone Achievement
Yinson Holdings Bhd’s offshore business arm, Yinson Production, proudly announced the successful attainment of its floating production storage and offloading (FPSO) unit, FPSO Atlanta’s first oil milestone on December 31, 2024. This significant achievement marks a pivotal moment in the company’s history and underscores its commitment to excellence in the oil and gas industry.
Project Commencement and Charter Details
Following the completion of a rigorous 72-hour test and obtaining final acceptance from Brava Energia, Yinson Production has initiated the firm charter for FPSO Atlanta. Under this agreement, contracted day rates will be disbursed to Yinson Production for a span of 15 years until 2039. This long-term commitment signifies a strong partnership between Yinson and Brava Energia, ensuring mutual success and sustainability in their endeavors.
Commitment to Safety and Operational Excellence
Noteworthy is FPSO Atlanta’s remarkable safety record, boasting an impressive milestone of 9.8 million man-hours without a lost time incident. This exemplary performance highlights Yinson Production’s unwavering dedication to prioritizing safety, operational efficiency, and sustainability in all aspects of its operations.
Expanding Fleet Operations in Brazil
FPSO Atlanta joins Yinson Production’s fleet as the third asset operating in Brazil alongside FPSO Maria Quitéria (delivered in October 2024) and FPSO Anna Nery (commissioned in May 2023). The successful delivery of these assets demonstrates Yinson’s growing presence in Brazil’s oil and gas sector while cementing its reputation as a reliable provider of offshore services.
Partnership with Brava Energia
Flemming Grønnegaard, CEO of Yinson’s Production division, emphasized the collaborative effort between Yinson and Brava Energia that led to this remarkable accomplishment. The shared vision for operational excellence, sustainability practices, and safety standards has been instrumental in bringing the project to fruition. Grønnegaard expressed confidence in a fruitful 15-year charter period ahead based on their strong foundation of teamwork and expertise.
In conclusion, the successful launch of FPSO Atlanta represents not only a major milestone for Yinson Production but also exemplifies its ongoing commitment to innovation, safety standards, sustainable practices, and fostering strong partnerships within the industry. This achievement sets a high benchmark for future projects while solidifying Yinson’s position as a leader in offshore energy solutions.
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