Yinson And Sumitomo Set To Deploy The Newest FPSO Asset To Brazil Campos Basin

Yinson Holdings Berhad together with its project partner Sumitomo Corporation officially named its newest asset, FPSO Anna Nery, during a grand naming ceremony held concurrently in Jiangsu, China, and Kuala Lumpur, Malaysia.

FPSO Anna Nery is currently undergoing final conversion works and is going to set sail for Brazil in Q3, where it will be deployed at the Marlim Field located in the eastern part of the Campos Basin, about 150km offshore Rio de Janeiro. The asset will be stopping for a few days in Singapore and Mauritius for crew change and fresh supplies.

Commenting on the momentous occasion, Yinson Production Chief Executive Officer Flemming Grønnegaard said, “This milestone provides confidence that Yinson has the ability to continue delivering responsible solutions to meet the world’s increasing energy demands, even in challenging circumstances. FPSO Anna Nery is our maiden asset in Brazil, and the first of three Brazil-bound offshore production projects that Yinson is currently undertaking. We are humbled by the trust that Petrobras has placed in us to deliver on this important energy infrastructure project and we look forward to achieving final delivery.”

Sumitomo Corporation General Manager of Energy Department Wataru Sato commented, “Sumitomo is honoured to be part of this landmark first FPSO in Brazil by Yinson and we would like to express our sincere appreciation to all contributors for their dedication and hard work. We are confident that FPSO Anna Nery will perform well in the Marlim field.”

Petrobras General Manager of FPSO Projects Marcio Mattoso commented, “Petrobras congrats Yinson and all the parties involved in the achievement of such an important milestone. Petrobras highlights that the FPSO Anna Nery will boost the production of Marlim Field, which is the first Petrobras Revitalization Project, and the unit is planned to commence its operation in the first quarter of 2023.”  

Letters of Intent for the FPSO Anna Nery project were awarded to Yinson by Petrobras in October 2019, followed by firm contracts execution in March 2020. In April 2020, Sumitomo participated in the project with a 25% stake. The estimated aggregate value of the FPSO Anna Nery project is USD5.4 billion, with a contract period of 25 years from the date of the final acceptance.

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