• Yinson Production held the naming ceremony for FPSO Maria Quitéria at Cosco Shipping
Heavy Industry (Shanghai) Shipyard in China on 3 April 2024
• FPSO Maria Quitéria project was awarded to Yinson Production in November 2021
• The FPSO will be deployed in the Jubarte field as part of the Parque das Baleias Integrated
Project offshore Brazil for Petróleo Brasileiro S.A. under a 22.5-year lease and operate
contract with a total contract value of up to USD 5.3 billion
Yinson Production has officially named FPSO Maria Quitéria during
a grand naming ceremony held at Cosco Shipping Heavy Industry (Shanghai) Shipyard in China
on 3 April 2024.
The naming ceremony was graced by Lady Sponsor Lim Chern Fang. Also in attendance were
Yinson Production’s Chief Executive Officer, Flemming Grønnegaard, and Project Manager for
FPSO Maria Quitéria, Noel Denton, Petróleo Brasileiro S.A. (“Petrobras") Contract Manager,
Tiago Pace Estefen, Cosco Shipping Heavy Industry General Manager, Jiang Jijiang, alongside
members of the boards of directors, senior management and representatives of Yinson
Production, Petrobras and Cosco as well as financiers and key vendors.
FPSO Maria Quitéria is a conversion project with a production capacity of 100,000 barrels of
oil per day and a storage capacity of 1,000,000 barrels. The vessel will be the first FPSO in
Yinson Production’s fleet to operate heat recovery steam generation (“HRSG”) as part of its
combined cycle power generation system. HRSG is one of several technologies that we are
implementing across our fleet, in line with our continuous efforts in reducing carbon
emissions and being the frontrunner in decarbonising the FPSO industry towards the goal of
net zero.
Yinson Production was awarded the FPSO Maria Quitéria project by Petrobras in November
2021 and the conversion works commenced on 25 January 2022. The project has been
progressing according to schedule, with all topside modules onboard and integrated, and
commissioning underway. Sail away to Brazil will be in the second quarter of 2024 and the
asset will be deployed at the Jubarte field located in the northern part of the Campos Basin,
offshore Brazil.
FPSO Maria Quitéria is Yinson Production’s third FPSO destined for Brazil, following FPSO
Anna Nery, which has been operating for Petrobras since May 2023, and FPSO Atlanta, which
is expecting first oil in summer this year and will operate for Enauta Energia S.A.
Commenting on the naming of FPSO Maria Quitéria, Flemming Grønnegaard said, "Together
with our client Petrobras, we are very pleased to celebrate the naming of our newest FPSO
today. FPSO Maria Quitéria incorporates state of the art technologies to reduce emissions
and increase efficiency, setting new standard. These technologies, together with our ability
to complete the asset on time, are showcasing our innovative design capabilities and project
execution excellence once more. We thank Petrobras and all our stakeholders involved in this project for their trust and unwavering support and are committed to achieving a timely first
oil and contributing towards Brazil's energy landscape.”
Project Manager Noel Denton added, “We have maintained zero loss time incidents
exceeding 20 million manhoursso far, reflecting our commitment to the highest HSE (“Health,
Safety and Environment”) standards, preparing for its journey to Brazil. This successful
delivery is only made possible through the hard work of the Project Team. We are thrilled to
continue with this project, and we remain focused on achieving first oil as scheduled."
Petrobras Contract Manager, Tiago Pace Estefen said, “Petrobras extends its congratulations
to Yinson Production, Cosco Shipping and other stakeholders involved in reaching this
significant milestone. With operations planned to commence soon, FPSO Maria Quitéria will
assist in providing for the energy demands in the region.”
Cosco Shipping Heavy Industry General Manager, Jiang Jijiang said, “We take pride in our
ongoing efforts on the newly christened FPSO Maria Quitéria. The naming ceremony marks
another significant milestone in this project and upon completion, we are assured of its
endurance and performance in offshore Brazil.”
