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Wednesday, 7 October 2026

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Yinson FPSO Upgrade Adds US$600 Million Backlog and Extends Lease to 2036

Yinson Production’s FPSO JAK upgrade will raise Ghana gas-export capacity to 355 MMscf/d, extend the lease to 2036 and add about US$600 million to backlog.

By TLA AI Editor3 min read

Kuala Lumpur, 5 October 2026 – Yinson Production has signed a contract amendment with Eni for a major gas-capacity upgrade on the FPSO John Agyekum Kufuor offshore Ghana, extending the vessel’s firm lease to 2036 and adding approximately US$600 million to Yinson’s firm contract backlog.

The amendment, signed on 2 October, covers a Non-Associated Gas modification project intended to address declining reservoir pressure and expand the floating production, storage and offloading vessel’s gas-handling capability. Gas-export capacity is expected to rise from roughly 210 million to 220 million standard cubic feet a day to 355 million standard cubic feet a day after completion.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.