Japonesa K Line firma acordo com Yinson e Sumitomo e adere ao projeto de FPSO para a Petrobras em Marlim 2

Japanese K Line Signs Agreement With Yinson and Sumitomo and Joins FPSO Project for Petrobras in Marlim 2

Written by Kelly

Published on 09/07/2020 at 12:13

FPSO da Yinson, no mar de Gana

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K Line Will Participate in the FPSO Project That Will Operate at Marlim 2 for Petrobras, Aiming for Business Expansion with Yinson and Sumitomo

The Japanese shipping company K Line has signed an agreement with Malaysia’s leading energy company, Yinson Holdings Berhad, and Sumitomo Corporation to participate in the chartering business of the FPSO that will operate for Petrobras in the Marlim 2 field, offshore Rio de Janeiro.

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With the operations of the platform expected to be achieved in 2023, K Line is expected to hold about 10% of the FPSO venture.

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This project represents K Line’s second FPSO business following the oil and gas field development project in Ghana, based on the partnership with Yinson and Sumitomo, which the company participated in 2018.

To recall, four Japanese companies joined forces in 2017, K Line, Sumitomo Corporation, JGC Corporation, and the Development Bank of Japan Inc, signing a contract to jointly acquire a 26% stake in Yinson Production (West Africa) Pte. Ltd., a company operating the FPSO owned by Yinson.

“K Line will efficiently accumulate knowledge and operational and maintenance experience of the FPSO, dispatching its technical personnel to Yinson’s project team in Singapore starting this year”, the company stated.

The Japanese company stated that it aims to expand FPSO business with Yinson and Sumitomo as a core business, as it generates ‘stable long-term profits and utilizes accumulated knowledge for future FPSO projects and new energy-related businesses’.

The FPSO is planned to support the revitalization project of the Marlim 2 oil and gas field, which is operated by Petrobras and located 150 kilometers off the Brazilian coast in the Campos Basin.

Operations are expected to begin in the first quarter of 2023, with an operating period of 25 years from then, with no extension options.

Japanese K Line Signs Agreement With Yinson and Sumitomo and Joins FPSO Project for Petrobras in Marlim 2

K Line Will Participate in the FPSO Project That Will Operate at Marlim 2 for Petrobras, Aiming for Business Expansion with Yinson and Sumitomo

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