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About Yinson Production The FPSO industry at a glance

Yinson Production (“YP”) is the offshore production business unit of Yinson Holdings Oil & gas lifecycle
Berhad (“Yinson”, or “the Group”), a global energy infrastructure and technology Yinson's services contribute to the 'development' and 'production' phases of the offshore oil and gas field lifecycle.
company headquartered in Malaysia. The Group has businesses in offshore production,
renewable energy, green technologies and offshore marine, and has presences in Asia,
Europe, the Americas and Africa.

Yinson was established in 1983 as a transport agency in Johor Bahru. After successfully entering the FPSO
market through a joint venture to build two offshore production assets in Vietnam, Yinson transformed to
become a full-scale execution and service FPSO provider in 2014 through the acquisition of Fred Olsen Exploration
Production ASA and subsequent divestment of its non-oil & gas business segments. Seismic Survey and Appraisal Development Production Decommissioning
Geological and Wildcat wells drilled Engineering, Extraction, Decommissioning
Today, YP is one of the largest independent floating, production, storage and offloading (“FPSO”) leasing geophysical to assess the Procurement, processing and of end-of-field
companies globally, with an orderbook of over USD22 billion until 2048. YP’s position as a top tier FPSO mapping via potential discovery Construction and export of infrastructure
contractor is driven by its excellent project management team, industry-leading safety and uptime seismic survey of oil and gas Installation of hydrocarbons
performance and leadership position in sustainable FPSO design. production assets

YP’s Zero Emission FPSO Concept is paving the way for the decarbonisation of the FPSO industry and In the 'development' phase, a series of plans are developed to outline how the field can be optimised and how
aligns with the Group’s Climate Goals to be carbon neutral by 2030 and net zero by 2050. production assets are designed, constructed and installed. In the 'production' phase, hydrocarbons are produced
and processed. An FPSO vessel is designed to receive and process hydrocarbons, then store it until it can be
offloaded. Essentially, Yinson provides working capital to oil producers and field operators – we are the de facto
production arm of these companies.

What is an FPSO?

Yinson Production
Mission Can either be Popular for its
Used for the mobility, an FPSO
To be the preferred FPSO partner, processing, storage Purpose-built to converted from an can be refurbished,
leading the way with responsible solutions and offloading of suit designated existing oil tanker, relocated and
hydrocarbons oil field newly-built or reused for
requirements redeployment of an
existing FPSO production in
Yinson Production another field
Vision
To design, construct, and operate industry-leading production assets
for the offshore oil and gas industry towards improving global access
to affordable energy How does an FPSO work?

Hydrocarbons received, separated and stabilised
2 Oil : Stored on board as stabilised
crude oil
Gas : Piped back to shore or pumped
back into the reservoir
Water : Discharged overboard or
pumped back into the reservoir

1 Hydrocarbons extracted from subsea wells

oil reserve