The mega project undertaken by Yinson is finally completed with the company’s FPSO Atlanta setting sail to Brazil recently, marking the successful completion of the project execution phase, and is expected to arrive in the Atlanta field in the Santos Basin offshore Brazil during the second quarter 2024. The sail away follows the grand naming ceremony that was held for the FPSO in December 2023.
FPSO Atlanta is a redevelopment project awarded to Yinson Production by Enauta Energia S.A. (“Enauta”) on 21 February 2022 as an EPCI (“Engineering, Procurement, Construction, Installation”) Project. In July 2023, Yinson Production exercised its option to purchase FPSO Atlanta, which includes a 15-year firm plus a 5-year option contract for the supply and operations & maintenance with a total contract value of up to USD 1,981 million. FPSO Atlanta has a production capacity of 50,000 barrels of oil per day and a maximum storage capacity of 1,200,000 barrels. The FPSO features an efficient carbon management process plant, which utilises fuel gas for cargo tank inertisation that will significantly reduce flare gas emissions through a closed flare system. The plant is part of Enauta and Yinson Production’s continuous efforts in reducing carbon emissions and being the frontrunner in decarbonising the FPSO industry towards the goal of net zero.
The project, carried out at Drydocks World Dubai, was completed safely with over 9 million man-hours without lost time incident. The safety performance is an excellent achievement for the project, demonstrating the highest level of safety standards by the project team.
FPSO Atlanta is the second of three FPSOs Yinson Production is delivering to clients in Brazil. The first vessel, FPSO Anna Nery, is already operational after achieving first oil in May 2023, while the third FPSO is currently under being built in China and progressing well towards completion this year.
