Yinson Holdings Berhad has signed firm deals with Petrobras for the charter, operations and maintenance of FPSO Maria Quitéria, a floating, production, storage and offloading (FPSO) vessel in the North Campos Basin, offshore Brazil.
The signing of the contracts was pursuant to the two Letters of Intent (LOI) for the project, which were awarded on November 12, 2021. The projected aggregate value of the contracts is equivalent to US$5.2bn while the contract period is for 22.5 years from the date of the final acceptance.
FPSO Maria Quitéria, formerly known as FPSO Integrado Parque das Baleias, is Yinson’s second project award with Petrobras and the third project award in Brazil, following the Group’s plans to extend its presence in the country.
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