Yinson Production Closes $1B Investment to Drive Further Growth

Tuesday, June 17, 2025

Malaysian FPSO leasing firm Yinson Production has closed of the previously announced $1 billion investment from a consortium of global investor to further drive its business growth.

The funding was secured through a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), and funds managed by British Columbia Investment Management Corporation (BCI), and RRJ Group (RRJ).

The successful closing of the transaction follows the signing of a definitive agreement on January 14, 2025 and satisfaction of the closing conditions, including regulatory approvals and approval by the shareholders of parent company Yinson Holdings Berhad.

The investment is made through the issuance of $1 billion of redeemable convertible preferred shares (the RCPS) and warrants by Yinson Production Offshore Holdings Limited, a newly established UK-based holding company.

The agreement provides for the option to issue additional RCPS of up to $500 million within 24 months from closing, subject to agreement.

Upon closing, the investors funded the first tranche of $300 million, of which $200 million has been used for a special distribution to Yinson. The remaining $700 million of committed RCPS will be called in up to three installments by December 2026.

“We are delighted to have successfully closed this significant investment from leading global investors.

“This investment not only reflects the quality of our business with highly visible cash flows and significant revenue backlog, but underscores the confidence in Yinson Production’s long-term growth potential. By further strengthening our financial foundation, this transaction positions us well to pursue new opportunities in a rapidly evolving offshore energy landscape,” said Markus Wenker, Yinson Production Chief Financial Officer.

Categories: Inspection & Repair & Maintenance Construction Vessel ROV & Dive Support Support Vessel Floating Production Industry News Activity Asia Oil and Gas FPSOs

Related Stories

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Petronas-Eni Upstream Joint Venture to Take Up to Two Years to Set Up

Wood JV Gets EPC Job for Shell off Brunei

French Oil Major Acquires Interests in Multiple Blocks in Southeast Asia

MODEC, Carbon Clean to Advance FPSO-Mounted Carbon Capture Tech

Aker Solutions, PTAS JV Hooks Brownfield Services Extension off Brunei

OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

Current News

Santos and QatarEnergy Agree Mid-Term LNG Supply

PTTEP Hires Energy Drilling’s Rig for Southeast Asia Offshore Job

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com