Yinson Production's Fpso Atlanta Achieves First Oil

KUALA LUMPUR, Jan 9 (Bernama) --  Yinson Holdings Bhd's offshore business arm, Yinson Production announced that its floating production storage and offloading (FPSO) unit, FPSO Atlanta has achieved its first oil on Dec 31, 2024.

The group noted that a 72-hour test was successfully completed, and final acceptance has been obtained from Brava Energia.

In a statement today, Yinson said this milestone marks the commencement of the project’s firm charter, under which contracted day rates will be paid to Yinson Production for 15 years, until 2039.

“The project has also achieved an impressive safety milestone of 9.8 million man-hours without lost time incident,” it said.

FPSO Atlanta is the third asset in Yinson Production’s fleet to operate in Brazil after the successful delivery of FPSO Maria Quitéria in October 2024 and FPSO Anna Nery in May 2023.

The asset has been delivered to Brava Energia, formerly known as Enauta Energia S.A., one of Latin America's largest independent oil and gas producers.

Yinson’s Production chief executive officer Flemming Grønnegaard said the achievement reflects the strong partnership between Yinson and Brava Energia.

“This accomplishment showcases our commitment to delivering exceptional operational performance while prioritising sustainability and safety. Our team’s dedication and expertise have been instrumental in bringing this project to fruition, and we look forward to a successful 15-year charter,” he added.

-- BERNAMA