KUALA LUMPUR: Yinson Holdings Bhd's floating production, storage and offloading (FPSO) vessel, FPSO Abigail-Joseph, achieved the delivery of first oil for production off Nigeria.
It said on Friday, FPSO Abigail-Joseph had received its first oil certificate on on Wednesday following a successful 72-hour stabilisation testing.
Importantly, Yinson said this marks the start of the firm charter of the FPSO for seven years, with options to extend for a further eight years.
The Yinson team achieved the delivery of first oil for production within 20 months after signing the contract with its client, First Exploration & Petroleum Development Company Ltd (First E&P), as the operator of the Nigerian National Petroleum Corporation/First E&P OMLs 83 & 85 joint venture.
Operating in the Anyala and Madu fields within OMLs 83 & 85, FPSO Abigail-Joseph is Nigeria’s first integrated oil and gas greenfield project wholly executed by an indigenous oil company, and is the group’s fourth offshore production asset to operate in Nigerian waters.
Yinson CEO, offshore production, Flemming Grønnegaard said the achievement was made possible through the great teamwork between the Yinson team, client and subcontractors.
Yinson has been operating in Nigeria for the past 25 years.
FPSO Abigail-Joseph has a storage capacity of 550,000 barrels and is designed to produce 50,000 barrels of oil per day with gas lift and gas injection capacities of 15 MMSCFD and 39 MMSCFD respectively.