KUALA LUMPUR – Yinson Production has priced senior secured notes worth USD 1.458 billion to repay debt related to its FPSO Agogo, which is operating offshore Angola on a 15-year charter. The financing boosts the group’s long-term offshore production portfolio, and Yinson’s FPSO order book is currently valued at around USD 19 billion until 2050. The move demonstrates continuous investment in large-scale offshore energy assets, which supports ongoing activity in FPSO operations, maritime services, maintenance, and related offshore infrastructure.
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(Source: The Star)