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Yinson’s unit secures RM1.1bil financing for FPSO Maria Quitéria project

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Yinson’s unit secures RM1.1bil financing for FPSO Maria Quitéria project FMTNews FMTBusiness

Yinson Production secured the contract to supply, operate, and maintain FPSO Maria Quitéria in February 2022.

The loan term facility was structured and arranged by Global Infrastructure Partners , the group said in a statement today. In February 2022, Petróleo Brasileiro SA granted Yinson Production the contract to supply, operate, and maintain FPSO Maria Quitéria for the Jubarte field, as part of the Parque das Baleias Integrated Project, offshore Brazil.

Yinson Production CFO Markus Wenker said this transaction demonstrates the firm’s prowess in attracting highly sophisticated investments and its capacity to diversify its funding sources beyond the Asian market.

 

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