Yinson to provide FPSO for Marlim project in Brazil

Malaysian FPSO provider Yinson has been awarded two letters of intent by Petrobras for the charter, operations, and maintenance of FPSO Marlim 2 for the Marlim revitalization project in Brazil.

The LOIs were issued to Yinson Production Pte Ltd (YPPL), an indirect wholly-owned subsidiary of the Yinson.

Following the LOIs, the charter contract will be entered into by Yinson’s Netherlands incorporated indirect subsidiary Yinson Boronia Production B.V (YBP), while the operation and maintenance (O&M) contract will be entered into by YBP’s Brazil-incorporated subsidiary Yinson Boronia Serviços de Operação Ltda.

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