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Yinson and Enauta enter negotiations on FPSO for Atlanta field

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Oilfield Technology,

Yinson has said that its wholly-owned subsidiary, Yinson Acacia Ltd., has on 25 August 2021 entered into a binding Memorandum of Understanding (MoU) with Enauta Energia S.A. (Enauta) to engage in exclusive negotiations for the potential supply and charter of a FPSO unit for the Atlanta field in the Santos Basin, offshore Brazil.

Both parties have agreed to use all reasonable endeavours to complete the negotiations and execute the Transaction Documents by 2Q22 or such later date as may be mutually agreed.

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Oilfield Technology’s second issue of 2021 starts with a report from KPMG that examines the outlook for the Scottish oil and gas sector. The rest of the issue is dedicated to articles covering the offshore supply chain industry, offshore asset integrity, expandable liner technology, advances in drilling, data security, flow control, EOR and methane emissions.

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