FPSO : First oil
Anna Nery: April 2023
Atlanta: Jun 2024
Maria Q.: Jun 2025
Agogo: March 2026

Yinson has been recognised as a ‘ESG Industry Top Rated Company’ by global ESG Risk Rating agency, Morningstar Sustainalytics. This prestigious recognition reflects Yinson’s strong performance in environmental, social and governance (ESG) aspects, as well as its commitment to sustainability.

https://brazilenergyinsight.com/2023/03/14/offshore-oil-gas-set-for-growth-with-214-bln-of-investments-in-the-pipeline-rystad/

https://brazilenergyinsight.com/2023/03/08/study-finds-that-oil-and-gas-industry-costs-could-rise-by-another-10-in-2023/#more-53569

https://brazilenergyinsight.com/2023/03/07/rystad-offshore-oil-gas-is-back/#more-53518

https://renewablesnow.com/news/verano-energy-working-through-permits-for-100-mw-of-solar-in-peru-814826/

Yinson GreenTech invests in Zeabuz for Maritime Autonomous Solutions

Posted Date: 20 Feb, 2023

Yinson GreenTech (“YGT”) has announced its strategic investment in Zeabuz, a Norwegian startup specialising in autonomous solutions for the maritime industry.

The investment provides the foundation for YGT to work closely with Zeabuz in the development of autonomous solutions for YGT’s future fleet of electric vessels.

Mr Tan,
My pick for 2023
1. Yinson 40%
2. PChem 40%
3. Harta 30%
Tq

@Fabian, tqsm

https://brazilenergyinsight.com/2022/12/16/westwood-highest-fps-throughput-capacity-since-2010-greenlighted-in-2022/#more-51109

@Fabien, may I know how you derive 6 billion net profit?

https://www.youtube.com/watch?v=seyD2R1MQNY

https://www.youtube.com/watch?v=En01M_SqifY

Yinson has been awarded the ‘Industry Excellence Award’ under the energy sector at MSWG-ASEAN Corporate Governance Award 2021, in recognition of the Group’s exemplary corporate governance disclosure and practices amongst Malaysian public listed companies.

The Group achieved top recognition in the energy sector for two consecutive years, while significantly improving its overall ranking from 26th in the previous year to 13th in the list of Top 100 companies for corporate governance disclosures in 2021.

Yinson recorded a significant improvement in the ESG Risk Rating by Sustainalytics, placing the Group in the top 1st percentile of both the energy services industry and the Oil and Gas Equipment subindustry as of November 2022. The Group was also ranked in the top 17th percentile in the Global Universe.

The Group marked a 4.4-point improvement to achieve an overall ESG Risk Rating of 17.4, placing the Group under the ‘Low-Risk’ category. Sustainalytics rated medium and strong for Yinson's ESG Risk Exposure and overall ESG Risk Management, respectively. The exposure score measures the extent of exposure of material ESG issues to a company and takes into consideration the subindustry and company-specific factors; whereas the management score assesses the robustness of a company's ESG programmes, practices, and policies. Sustainalytics concluded that Yinson’s overall ESG-related disclosure follows best practices, demonstrating the Group’s strong accountability to investors and the public.

@Fabien _the efficient capital allocator,tqvm

@Fabien _the efficient capital allocator,may I know where to get Crude oil YTD?

Yinson wins three awards at The Asset Triple A Islamic Finance Awards 2022

Posted Date: 03 Nov, 2022

Yinson is honoured to have won three awards at The Asset Triple A Islamic Finance Awards 2022, namely,

Best Issuers/Advisers, Issuers of the Year, Corporate.
Best in Sustainable Finance, Best Sustainability-linked Sukuk.
Best Deals by Country, Best Sustainability-linked Sukuk.
The Asset Triple A Islamic Finance Awards are the industry’s most prestigious awards in the fastest-growing and most promising niches of global Islamic finance. The awards recognise the best Islamic banks and houses, as well as the deals that defined the industry during the review period. The Asset adopts a rigorous quantitative and qualitative approach in selecting the best Islamic institutions and transactions in various countries.

Yinson issued Malaysia’s first Sustainability-Linked Sukuk Wakalah, which raised RM1 billion in December 2021. Due to overwhelming demand with an orderbook of RM1.66 billion, the offer size was upsized from an initial target of RM700 million to RM1 billion. Yinson partnered with HSBC Amanah, which acted as the sole Principal Adviser, Lead Arranger, Lead Manager and Shariah Adviser for the Sukuk Wakalah Programme and Sustainability Structuring Agent for the Framework.

Yinson Group Head of Corporate Treasury Ong Ken Yong, speaking at the awards ceremony held at Four Seasons Hotel Kuala Lumpur, commented, “We are honoured to receive these awards and encouraged by the strong support from the investor and financial community. We continue to integrate sustainability into our business operations, including project financing strategies, to create sustainable value for our stakeholders as we expand into new territories and business areas, leading the global fight against climate change”.

For more information about the awards, please visit https://www.theasset.com/awards-single/islamic-finance-awards.

@eesquare, what is your investment thesis for Harta?

https://www.theedgemarkets.com/article/petronas-chemicals-produce-fertiliser-deal-us-company

Nice article. Why do you think green energy from solar farms to EV charging stations is not a good investment?

https://www.channelnewsasia.com/asia/explosion-fire-petronas-oil-refinery-kota-tinggi-johor-no-injuries-3029161

https://klse.i3investor.com/web/announcement/detail/1728066

https://www.thevibes.com/articles/business/74566/starbucks-msia-to-install-26-ev-charging-stations-in-17-outlets

https://paultan.org/2022/10/16/chargev-to-grow-with-yinson-greentech-over-4500-ac-dc-chargers-by-2030-including-dc-charging-hubs/

@TKW,admin, please take action.

https://www.upstreamonline.com/field-development/seismic-headache-forces-major-delay-to-totalenergies-10-billion-suriname-project/2-1-1328295

https://www.theedgemarkets.com/article/yinson-secures-us720-mil-loan-facility-finance-fpso-maria-quit%C3%A9ria-project

https://www.upstreamonline.com/exclusive/leading-fpso-contractors-in-frame-for-sizeable-indonesian-offshore-project/2-1-1325904

https://www.bfm.my/podcast/evening-edition/inside-story/charging-up-electric-vehicles-in-malaysia

https://brazilenergyinsight.com/2022/09/29/yinson-fpso-for-petrobras-revitalization-project-reaches-brazilian-waters/

Green technology solutions provider Yinson GreenTech together with its Goal Zero Consortium partners (“Goal Zero”), has achieved an exciting milestone with the keel laying ceremony to mark the start of the construction of the Hydromover - a fully electric cargo vessel with swappable batteries.



The event was graced by Kenneth Lim, Assistant Chief Executive (Industry & Transformation), Maritime & Port Authority of Singapore (“MPA”), at the shipyard of Lita Ocean Pte Ltd and witnessed by fellow partners of Goal Zero and guests. The pilot vessel is on track to be launched by the second quarter of 2023 and ready for commercialisation in the second half of 2024.



Developed by Goal Zero, the lightweight, 18.5m Hydromover is able to carry cargo up to 25 tonnes (including batteries). The vessel, being all-electric, has zero emissions and targets to achieve up to 50% operational cost savings due to improved energy efficiency and lower maintenance costs. Its battery, when depleted, can be easily swapped within minutes to minimise operational downtime. It will also be equipped with advanced vessel management system to provide seamless control to the crew as well as state-of-the-art sensors to enable future readiness of autonomous operation.



The Hydromover was Goal Zero’s submission, and one of the three winning proposals announced by MPA and the Singapore Maritime Institute (“SMI”), to develop and commercialise an all-electric cargo vessel with interoperable swappable battery infrastructure solutions. The call for proposals had attracted participation from 73 companies and 10 institutes of higher learning. The consortiums with the winning proposals were given five years to launch their pilot vessels.



YGT spearheads the Hydromover’s overall programme management and commercialisation, while Seatech Solutions International Pte Ltd (“Seatech”) leads Goal Zero in vessel design and system integration. They are joined by Shift Clean Energy as battery technology partner; Rina Hong Kong Limited Singapore Branch as classification society; Singapore Institute of Technology and Technology Centre for Offshore and Marine Singapore developing the operational profiles of different harbour craft types through digital twinning of the Hydromover.



Yinson Executive Vice President New Ventures and Technology, Eirik Barclay, said: “Goal Zero is made up of like-minded and synergistic partners who are fully committed to helping the marine industry transition to net zero. Since being awarded the grant, we have achieved many important milestones, which have culminated in today’s keel laying to mark the official commencement of construction. We are very pleased with our rapid progress and are looking forward to launching our pilot vessel by the second quarter of 2023, way in advance of the original 5-year schedule planned for the program. This not only gives Goal Zero a head start to roll-out our all-electric cargo vessel, but it is also an important contribution to Singapore’s goals for all domestic harbour crafts to operate on low-carbon energy solutions by 2030 and to halve carbon emissions from these vessels by 2050.”



SeaTech Vice President Technology, Prabjot Chopra, said: “We appreciate the efforts of all our consortium partners that have resulted in the fast-track progress of this project and a special thanks to YGT for commercialisation of the pilot electric vessel leading the way for electrification of harbour crafts in Singapore.”



MPA Assistant Chief Executive (Industry and Transformation), Kenneth Lim, said: “Decarbonisation of domestic harbour craft is one of the key priorities under the Maritime Singapore Decarbonisation Blueprint 2050. The Goal Zero Consortium demonstrates the maritime industry’s commitment to collaborate and accelerate the electrification of harbour craft in Singapore. We applaud the consortium’s effort in pushing ahead the development timeline of the full electric Hydromover and will continue to support the industry to work together to develop and deploy green technologies for the maritime sector.”



Goal Zero is also supported by industry partners Batam Fast Ferry Pte Ltd, Bernhard Schulte (Singapore) Holdings Pte Ltd, DM Sea Logistics Pte Ltd, Marina Offshore Pte Ltd, Kenoil Marine Services Pte Ltd, Lita Ocean Pte Ltd and Jurong Port Pte Ltd.

eMooVit, a majority-owned subsidiary of Yinson Green Technologies ("YGT"), has signed a Memorandum of Understanding with Rapid Bus, a wholly-owned subsidiary of Prasarana, to collaborate on a pilot programme for autonomous electric bus operations at Rapid BRT Sunway.

YGT is operated by the green technologies division of Yinson.

The collaboration leverages on eMooVit’s position as a specialised developer in autonomous vehicle and robotic technology as well as Rapid Bus’s position as the leading bus operator of the Rapid KL public transport network in the Klang Valley.

Under the agreement, eMooVit aims to provide an autonomous electric bus and chargEV charging system, technical support, vehicle maintenance and training sessions for Rapid Bus’s employees; while Rapid Bus shall provide the test track and workshop area as well as operational support.

eMooVit Chief Executive Officer, Dr Hairi Bin Zamzuri said, “We hope to introduce autonomous electric vehicles (AEVs) as they carry several advantages, including the potential to cut down on CO2 emissions, reduce traffic congestion, lower transportation and energy costs.

“In addition, according to a recent statement released by General Insurance Association of Malaysia, more than 80% of road accidents in Malaysia are caused by negligence. This is of great concern and our aspiration is for AEVs to limit human errors,” added Dr Hairi.

Yinson Senior Vice President Electromobility Ruslin Tamsir commented, “The government launched the National Automotive Policy 2020, with the aim of enhancing the automotive industry, through research and development especially in the area of next-generation vehicles. Through our subsidiary eMooVit, Yinson is excited to work with one of Malaysia’s leading bus operators, Rapid, in introducing next-generation vehicles like the autonomous electric bus."

“This is the first autonomous electronic bus project in Malaysia, and Rapid Bus will be the first public transport operator to embark on a pilot project using this technology. The implementation of this pilot project will focus on evaluating the impact of autonomous electric buses on the urban transport system in terms of technology, social and economy,” added Muhammad Yazurin Sallij, Chief Executive Officer, Rapid Bus.

YGT invests in novel green businesses, R&D and strategic partnerships to develop integrated smart green assets and infrastructure, ultimately aiming to create a proprietary digital marketplace that provides affordable and accessible tech-based low carbon products and services to help businesses and communities achieve their own net zero ambitions. YGT’s strategic investments currently include advanced hydrofoil system for electric vessels, e-bike and swappable batteries, autonomous and robotic technology, autonomous systems for electric vehicles, marine energy storage solutions, electric vehicle charging solutions and corporate leasing programme of its fleet of EVs.

https://www.theedgemarkets.com/article/aside-agogos-fpso-project-yinson-may-be-good-position-win-petrobras-albacora

Petronas Chemicals Group Bhd (PetChem) said its next merger and acquisition (M&A) within the specialty chemicals platform is crucial for the company's future positioning as the group eyes customers from industries including the food and healthcare sectors as end markets for its products. Such specialty chemical pathways, PetChem said in its latest corporate presentation in conjunction with CGS-CIMB ESG Day 2022 on Sept 21, include the likes of food, feed and nutrition, industrial additives, as well as surfactants, household, industrial and institutional (HI&I), and personal care.

Yinson Holdings Bhd’s net profit in the second quarter ended July 31, 2022 (2QFY23) rose 13.49% to RM143 million from RM126 million a year ago, supported by higher contributions from the group’s offshore production and offshore marine segment. Revenue for the quarter jumped 53.7% to RM1.62 billion from RM1.05 billion a year earlier mainly due to higher contribution from the group’s floating production storage and offloading (FPSO) operations mainly driven by the strengthening oil prices and higher contribution from engineering, procurement, construction, installation and commission (EPCIC) business activities. It declared an interim dividend of one sen per share, with an ex date of Nov 29 and payable on Dec 16.

s a top tier FPSO provider with a leadership position in sustainability, Yinson was honoured to participate in the FPSO World Congress 2022, themed ‘Capitalising on increased oil prices and the sustainability agenda to boost FPSO projects’.

The congress, which took place from 12 to 15 September 2022 at the Sands Expo & Convention Centre in Singapore, is the focal point for industry players to gather and explore best practises in strengthening the future of FPSOs along the industry’s transformative roadmap to sustainability and renewable energy. The congress was attended by 25 Yinsonites from our global offices.

Package Manager Suresh Venkatesh and Senior Marine Engineer Kristian Holm, who are spearheading emissions lowering technologies in Yinson Production, shared on the topic ‘Navigating the transition to sustainable FPSOs’. The session discussed designing a systematic approach to reduce FPSO greenhouse gas emissions and reviewed what sustainable FPSOs meant for the industry.

Yinson was also represented by Lifecycle Efficiency & Data Analytics Manager Dr Aya Kusumawardhani and Senior Integrity Engineer Sella Manian, who spoke at the FPSO Engineering & Commissioning event. The event happened alongside the FPSO World Congress and provided a platform for senior-level engineers to share engineering best practises in building the next generation of low-carbon and low-manned vessels. Dr Aya shared on ‘Life extension of FPSO with data analytics, while Sella shared a case study on ‘Adopting a structural integrity programme for FPSO hull and tanks’.

Yinson was also privileged to be the exclusive sponsor for the congress’ networking cocktail reception, held at the closing of the first day of the event. The popular session provided an opportunity for delegates to network and relax over light refreshments, building stronger industry relationships.

Yinson Holdings Berhad won Best Sustainability Sukuk of the Year at the Global Islamic Finance Awards (GIFA) 2022.

The award recognises Yinson’s issuance of Malaysia’s first Sustainability-Linked Sukuk Wakalah which raised RM1 billion in December 2021. Due to overwhelming demand with an orderbook of RM1.66 billion, the offer size was upsized from an initial target of RM700 million to RM1.0 billion.

The sukuk programme was nominated by the GIFA committee after extensive research and benchmarking against other global sukuk programmes. Winners were chosen based on a methodology developed by GIFA which focuses on social responsibility, Shari’a authenticity, and commitment to Islamic banking and finance principles.

Yinson’s Group Head of Treasury Ong Ken Yong said, “Yinson continues to place sustainability and ESG at the heart of our business, including our project financing strategies, as we believe this will create greater value over the long run for all our stakeholders. We are honoured to receive this award and encouraged by strong support that we have been receiving from the financial community, which assures us that we are on the right path towards achieving our goal of providing affordable and reliable energy to all.”

GIFA is one of the most prestigious awards within the Islamic banking and finance sector. It celebrates the achievements and contributions of institutions and individuals to the development and expansion of the Islamic banking and finance industry.

For more information on Global Islamic Finance Awards, please visit https://gifaawards.com/introduction.php

https://www.youtube.com/watch?v=CwczoMHuo-A

https://www.youtube.com/watch?v=_I9r85CnKfc

https://brazilenergyinsight.com/2022/09/08/rystad-oil-gas-exploration-on-the-decline-with-global-awarded-acreage-near-all-time-lows/

Yinson Holdings Berhad is a winner of Malaysia’s Best Managed Companies for 2022, sponsored by Deloitte Private. Yinson was one of 11 Malaysian companies to receive the prestigious award, which recognises organisational success and achievement.

Winners are selected by an independent jury that evaluates organisations based on their demonstration of business acumen in decision making that enables sustainable growth for their stakeholders and communities.

The awards were presented at a grand ceremony at the Sunway Resort Hotel. A highlight of the awards ceremony was panel sessions featuring the winners and ecosystem leaders, where meaningful insights were shared on the topics of strategy, innovation, governance, financials, culture and commitment.

Yinson Group Chief Strategy Officer Daniel Bong, who was part of the strategy panel and received the award on the Group’s behalf, expressed Yinson’s deep honour to be recognised alongside other distinguished companies globally.

“The award, which is benchmarked against global standards for evaluating business strategies and operations, is a testament of our efforts to develop organisational excellence and contribute to the economies and communities where we operate. Our aim is to ensure that we continue to create sustainable value for our stakeholders for years to come,” said Daniel.

The Best Managed Companies programme by Deloitte Private was established in 1993 in Canada and is now active in 48 countries globally.

For more information on the awards programme, please visit Malaysia Best Managed Companies website at www2.deloitte.com

https://brazilenergyinsight.com/2022/08/30/floating-production-market-is-booming/

@sharefisher,any specific reasons you say that Kossan is the best among the four?

@Peace99, you can read YINSON AR 2022 to know their business model.

Yinson execution risks and track record are excellent. Counterparty risks might pose some risks. But so far, I see Yinson handles it well.

@Philip, According to Yinson AR 2022, pg 203. Yinson has listed out its FIVE major risks. In our opinions, which risk poses the biggest challenges to the group?

https://www.youtube.com/watch?v=4IHk5fzk8Cs

@Peace99, Yinson will earn a fixed fees for the services rendered irrespective of the oil price. The agreement bounded contract is on the odd site of Yinson. They are well protected by the agreement.

@philip,Yinson keeps on buying back their shares almost on daily basis. Why don't they use the money to reduce their debt?