Oil major Total picks Yinson for engineering design for 2 FPSOs


File pic of Yinson Holdings Bhd's Lam Son floating production storage and offloading vessel.

KUALA LUMPUR: Oil major Total has picked Yinson Holdings Bhd to carry out the preliminary front-end engineering design (Pre-FEED) for two floating production storage and offloading (FPSO) projects.

In a statement on Wednesday, it said the FPSO are to be installed in the Block 20/21 in Angola and Block 58 in Suriname.

The Angola project will be installed at around 1, 400 metres, located 160km from Luanda, while the Suriname project will be installed at around 2, 000 metres, located 150km from Paramaribo.

Yinson said the topside design will be performed by Technip Energies for the pre-FEED.

The pre-FEED will provide Total with technical and commercial lease and operate proposals, including solutions to reduce emissions, within 32 weeks from the agreement date.

Yinson’s Oslo office will be executing the pre-FEED for a fee agreed by both parties.

Yinson’s CEO of offshore production, Flemming Grønnegaard, said the pre-FEED awards were Yinson’s first projects with Total.

“The pre-FEED is expected to create greater value for the projects by concentrating on the optimising of the design and execution strategy.

“We are currently building an FPSO for the Campos Basin in South America and have been operating in the African region since 1995, ” he said.

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