YINSON HOLDINGS BHD

KLSE (MYR): YINSON (7293)

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Last Price

2.59

Today's Change

+0.15 (6.15%)

Day's Change

2.46 - 2.59

Trading Volume

2,914,100


5 people like this.

4,994 comment(s). Last comment by Holdom2040 9 minutes ago

Johnchew5

11,689 posts

Posted by Johnchew5 > 3 weeks ago | Report Abuse

Hoho Konartist sslleee yr idol Conartist Callvin stopped oredi in TSH le !

Johnchew5

11,689 posts

Posted by Johnchew5 > 3 weeks ago | Report Abuse

Hoho why promoted Lambo since 2020 until is delisted on October 2024 .. using so many many aka id : listed 3 of them only : Alibaba / Scenery / Jedi1985 .. you had been slaughtered as piggg how many times ???🤣🤔


—-

Posted by JediMaster1 > 1 minute ago | Report Abuse

Sslee 是个智者 ! 在这里只有John - pig 才是头猪广東說猪甘蠢就是你John 🐖🐖🐖

Johnchew5

11,689 posts

Posted by Johnchew5 > 3 weeks ago | Report Abuse

Hoho same as Konartist sslleee being slaughtered in Jaks n SCIB !🤣🤣🤣🤔

xiaoeh

2,747 posts

Posted by xiaoeh > 3 weeks ago | Report Abuse

Mike is an interesting person
i have never seen one like Mike in my life
i3 is the place to learn
Everything

xiaoeh

2,747 posts

Posted by xiaoeh > 3 weeks ago | Report Abuse

loved i3

StarOfTheBull

8,024 posts

Posted by StarOfTheBull > 3 weeks ago | Report Abuse

Without Mike and SSLee, it is like a movie without quarelling or fighting, and it will be boring. 🤣

Johnchew5

11,689 posts

Posted by Johnchew5 > 3 weeks ago | Report Abuse

Repost from Jtiasa:

Haha as Hoho posted in Yinson .. Konartist sslleee play double head 🐍.. to cover his half past 6 owned claimed FA n TA Guru in Yinson:

1.) said going to see Yinson 5 waves .. but did not know the waves name is EW !🤣1


2.) shouting happily waves 2 is coming .. did not know waves 2 is Downtrend.. being caught then changed to Negative 🐍 head to cover his half past 6 !🤣2


3.) said Yinson is a Growth stock but did not know the Selection Criteria, now shamelessly twisting by recycled my facts n figures…latest one is on FFB peak season production output is from May to November.. twisting n told lies that I did not know Peak season is on 2nd Half of each year !🤣3


4.) Konartist sslleee had defended Phillipp during he posted Serba subsidiaries screenshot as I found variance between the screenshot n his thread figures.

Now in Jtiasa forum .. Konartist sslleee defended himself by saying he did not promote Xingquin which is delisted on 2019 due to Account Fraud… but Phillipp promoted Serba in a blog even is announced in Account Fraud!🤣4 👍


5.) Konartist sslleee Abang Stockraider in Netx RI n Insas RI with WC wayang whom exposed sslleee other Kon gang in Tunepro, Netx .. later in Hengyuan n Petronm .. Probability is aka id of VictorYong ! 🤣5🤔

Stockraider is MIA oredi ! Kena Tippu by Konartist le !🤣🤣🤔

Sslee

6,869 posts

Posted by Sslee > 3 weeks ago | Report Abuse

Repost from jayatiasa
Aiyoyo Mike-tikus can't read financial report, cut and paste financial data from pasar malam source without understand it, his pasar malam TA told him jaks 18 floor is ground floor and he bought from 18 to 24 and trapped himself high high and need to go every forum to promote jaks with his half past six facts and figures 24/7/365 non stop for a year and half now to no avail.

Johnchew5

11,689 posts

Posted by Johnchew5 > 3 weeks ago | Report Abuse

Hoho why the half past 6 Konartist sslleee always twisting n diverting to Jaks in Jtiasa forum … 🤣🤔

tommyth

9 posts

Posted by tommyth > 3 weeks ago | Report Abuse

Childish Sslee & John. You both are in bad marriage.

Sslee

6,869 posts

Posted by Sslee > 3 weeks ago | Report Abuse

I make a mistake of trying to teach a crab how to walk straight. My mistake and my apology.

The best way to treat this low IQ Mike-tikus is totally ignore him.

Johnchew5

11,689 posts

Posted by Johnchew5 > 3 weeks ago | Report Abuse

Hoho really laugh live me lo…as usual Konartist sslleee like to twisting by recycled my facts n figures and words..

I am calling him half past 6 Guru after he owned claimed FA n TA Guru in Yinson :

1.) said going to see 5 waves but didn’t know the waves name is EW .

Konartist sslleee shouting Waves 2 is coming so happily, thinking that is going Up trend but instead Waves 2 is going Downtrend!🤔


2.) even did not understand Labour Expenses n Capex ..

3.) What is Current Ratio ? ( to gauge working capital ratio within a year ).

4.) What is Corporate Structure ? ( To understand the Corporate group of companies, including subsidiary n associates… and to plan corporate taxes ) .

5.) The latest one is not understand on ROIC ?

Johnchew5

11,689 posts

Posted by Johnchew5 > 3 weeks ago | Report Abuse

2nd V.P Case Study in PA on 2021 with 2 objectives : 



👉 a) To share n learn Investment knowledge n skills as Newbie n ikanbilis. 



👉 b ) To Exposé kon man n actor… 

No Respect on Kon n Actor ..

Johnchew5

11,689 posts

Posted by Johnchew5 > 3 weeks ago | Report Abuse

1st Lies :


Haha wow Konartist Sslleee is an “ Attention Seeker “ .., approached me 1st in Netx on 2020 telling Lies replied my post which directed to Konstockraider to bail out Stockraider on Insas-WB whom play wayang in Insas-WB forum with Calvin whom invested RM 5000 …


Then Konartist Sslleee said Raider Win 1 Myvi in Netx RI .. Raider said Win 2 Myvi… both blowing bla bla bla clon the Wayang Script on Insas-PB and WC …

After Konartist Sslleee posted in Netx , his Kon gang in Tunepro, Hengyuan, Petronm started to promote Netx … will post n delete own posts …..beware .

—-


Conartist Calvin n kon Stockraider had been Promoted Netx ( 1 of 46 kon stocks ) since 4Q 2019 until early 2021 ..

Johnchew5

11,689 posts

Posted by Johnchew5 > 3 weeks ago | Report Abuse

Sslleee kon friends wow , as he said be careful choosing yr friend … The house of Konartist Sslleee 🐍 Kon gang :


1) konartist sslleee aka / partners : Probability aka Victor Yong aka Good123 ..in Tunepro, Netx , Hengyuan n Petronm.



2) Kon Ularsawa 🐍 🪱 aka Ori id Dragonslayer ( is ban permanently ) : Sslleee paid To be Hired Macai …in Netx n Insas



3) Attention Seeker pokkai kon Stingray ( Kon Ularsawa 1st Sifutt ) Sleeping beauty loss naked until hibernated more than 5 years ..Kacukan Tippu gang ..


3.b ) Tin Kosong Pokkai KonpetHuangbk7 : Sleeping Beauty loss naked until hibernated more than 7 years …used similar id/abusive id to post abusive n unethical contents !


4) Koni3lurkker aka Balian , promoted SCIB halfway changed name . ( Sslleee promoting partner in SCIB ).


👉 Posted by Bruce_Wayne > week ago | Report Abuse

PearlWhite, 

Wanna play? 


I.Am.PSAi3Alert. 

in Bplant …Twisting Jtiasa figures is Bplant figures ! And in Jaks with Sslleee n KonpetHuang .



5) kon Stockraider aka Gohku in Netx , Insas , Bjcorp .

Posted by BursaVulture > 3 weeks ago | Report Abuse

"Don't blame a clown for acting like a clown. Blame yourself for going to the circus."

It takes 2 hands to clap.

Sslee

6,869 posts

Posted by Sslee > 3 weeks ago | Report Abuse

“Never wrestle with a pig because you'll both get dirty and the pig likes it." - George Bernard Shaw

Johnchew5

11,689 posts

Posted by Johnchew5 > 3 weeks ago | Report Abuse

Emm.. the donkey Konartist ran away from Jtiasa became a pig here ke !🤣🤣🤣


—-

Copied from Jtiasa :

Posted by Mikecyc > 15 minutes ago | Report Abuse

Haha seems Konartist sslleee accommodation really did not had a mirror… called Jaks CEO is a donkey … btw his 1st win n only win in Insas WC RM 250,000 since investing from 2016 to 2023 is a Lie .. twisting with lie by lie … just karma lo .. a Konartist donkey bray !🤣🤣🤣

Vdhawan

257 posts

Posted by Vdhawan > 2 weeks ago | Report Abuse

Worth to apply the reinvestment plan?

Vdhawan

257 posts

Posted by Vdhawan > 1 week ago | Report Abuse

Sell on good news today ...

Bullrun18

408 posts

Posted by Bullrun18 > 1 week ago | Report Abuse

Prime Minister of Malaysia Dato’ Seri Anwar Ibrahim officially launches Yinson Renewables’ Matarani Solar Plant in Peru
Posted Date: 13 Nov, 2024
Yinson Renewables officially launched the Matarani Solar Plant today in a celebration event officiated by the Prime Minister of Malaysia, The Honourable Anwar Ibrahim.

The event, held in the Country Club Lima Hotel in Peru, was also attended by Minister of Investment, Trade and Industry Malaysia, Tengku Zafrul bin Tengku Abdul Aziz, Minister of Foreign Affairs Malaysia, Haji Mohamad bin Haji Hasan and Malaysian Ambassador to Peru Ahmad Irham Ikmal Hisham; as well as parallel ministers from Peru’s Ministry of Energy and Mines, Romulo Mucho Mamani, Minister of Production, Sergio González Guerrero and Deputy Minister of Electricity in the Ministry of Energy and Mines Victor Teodoro Carlos Estrella alongside Yinson Group and Yinson Renewables’ senior leadership.

The 97 MWp Matarani Solar Plant, located in the Mollendo Desert in the Arequipa region, entered into its full operational phase in September 2024. It is designed to deliver 260 GWh of renewable energy annually, satisfying the electricity needs of approximately 62,000 Peruvian households.

During the event, Yinson Group Chief Executive Officer Lim Chern Yuan shared Yinson’s positive experience as a Malaysian business in Peru while Yinson Renewables Chief Executive Officer David Brunt shared the business’ updates and growth plans in Peru.

Lim expressed his pride at the momentous occasion, "In Peru, we have found excellent partners and supportive policies for an inclusive transition, leading us to build a robust renewables pipeline in the region. We thank the Peruvian and Malaysian governments for their support, enabling Yinson to operate smoothly and collaborate across borders. Leveraging the shared experience from both countries, we look forward to making a positive impact locally and globally."

In his update, Brunt said, “Yinson Renewables is thrilled to celebrate Matarani Solar Plant officially entering its full operational phase. As a Malaysian company, we are very proud to contribute to Peru’s energy transition and to be a good example of effective cooperation across Asia-Pacific Economic Cooperation (APEC). Projects like Matarani not only help us expand and improve our capabilities and competence, but also contribute significantly to new industrial and energy developments of national importance back home in Malaysia. We are committed to continuing our participation in the energy transition and look forward to announcing more projects in both Peru and elsewhere, playing a key role in Yinson’s journey towards to a greener, more resilient energy future.”

Yinson Renewables is ambitiously expanding in Latin America, aiming to develop nearly 1 GW of projects within the next three to five years. The 130 MWp Majes Project in Peru, which is owned by Yinson Renewables, is expected to begin the first phase of construction by the end of 2024. Meanwhile, in Brazil, the 486 MW Vicosa and Santa Clara wind projects are in advanced development stages and are preparing for construction.

Posted by BursaVulture > 1 week ago | Report Abuse

seems like for the past 2 months Yinson has been buying when market opens and bought all the way up... then it comes down. I noticed 2 days ago, they've changed strategy, they let the seller sell down first and then buy up. not sure why.

Johnchew5

11,689 posts

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho >>The 97 MWp Matarani Solar Plant, located in the Mollendo Desert in the Arequipa region, entered into its full operational phase in September 2024.

Jaks LSS4 50 MW Solar RE in Penang with TNB PPA 25 years starting August 2023 :

Illustration with TNB 21.8 sen per kWh .

Bids 18 Sen per kWh : Profit 21.11 %

Bids 19 Sen per kWh : Profit 14.74 %

Bid 20 Sen per kWh : Profit 9.0 %

Johnchew5

11,689 posts

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho this is interesting to know the maintenance cost of Solar farm in Desert ? What type of Solar Panel efficiency: 12 % or 18 % ???

Bullrun18

408 posts

Posted by Bullrun18 > 1 week ago | Report Abuse

Yinson hosts Malaysia Prime Minister Anwar Ibrahim in Rio de Janeiro, Brazil, celebrating strong Malaysia-Brazil ties and Yinson FPSOs

Posted Date: 17 Nov, 2024
Yinson proudly hosted Malaysia Prime Minister, The Honourable Anwar Ibrahim at a networking reception in Rio de Janeiro to celebrate the strong ties between both countries, which is marked by a shared commitment to innovation and growth.

The event, held at the Windsor Barra Hotel, was also attended by Minister of Investment, Trade and Industry Malaysia Tengku Zafrul bin Tengku Abdul Aziz, Minister of Foreign Affairs Malaysia Haji Mohamad bin Haji Hasan, and Malaysia Ambassador to Brazil Her Excellency Gloria Corina Anak Peter Tiwet alongside Yinson’s senior leadership, clients Petrobras and Brava Energia and representatives from Yinson’s Brazil office.

The event also celebrated the three floating production, storage and offloading (“FPSO”) units that Yinson Production has developed for Brazil – Anna Nery, Maria Quitéria and Atlanta. FPSO Anna Nery commenced operations in May 2023, while FPSO Maria Quitéria achieved first oil last month in October 2024. FPSO Atlanta is expected to achieve first oil soon, joining Yinson Production's fleet in bolstering the nation’s energy capacity, contributing to Brazil’s economic development.

Prime Minister Anwar Ibrahim in expressing his pride in Yinson’s projects in Brazil, commented, “These successful FPSO projects exemplify the mutual respect and trust that Malaysia and Brazil have built over the decades. Yinson’s remarkable work in developing FPSOs for Brazil underscores Malaysia’s capacity for excellence and our commitment to supporting global energy needs with innovation and responsibility.”

During his speech, Yinson Group Chief Executive Officer, Mr Lim Chern Yuan, reminisced the company’s first foray into Brazil in 2018. He said, “Brazil was, back then, and still is now, the biggest FPSO market in the world. We dreamed of expanding our business to this country and started building our knowledge and understanding of Brazil long before we even bid for our first FPSO project here. We found, in Brazil, a thriving and progressive business and regulatory environment as well as stakeholders that shared our similar concern for facilitating an inclusive energy transition and looking at energy affordability.”

Yinson Production Brazil Country Manager Thiago Freitas also shared a few words, saying, “Our three FPSO projects in Brazil exemplify world-class engineering, cutting-edge technology, and a commitment to safety, efficiency, and sustainability. The learnings that both countries have gained by working together have enhanced the standards of FPSOs globally, notably in the area of low emission designs. We are looking forward to many more years of impactful partnership between our countries.”

The event also set the stage for the official opening of Yinson Production’s new office in Rio de Janeiro on 18 November, a strategic move that reinforces Yinson Production’s dedication to a long-term presence in Brazil. With this expansion, Yinson Production further strengthens its position in the region, providing greater proximity to key clients, stakeholders, and industry partners, and creating socioeconomic opportunities within the local community.

https://www.yinson.com/highlights/

Johnchew5

11,689 posts

Posted by Johnchew5 > 1 week ago | Report Abuse

Posted by Mikecyc > 1 day ago | Report Abuse

Jaks LSS4 50MW RE Solar in Penang :
which is the asset owner of the solar farm .. is COD on August 2023 with TNB 25 years PPA …. CAPEX is RM 200 million:

QR ended March 2024 :

👉Revenue: 5.3 Million , Profit RM 0.96 Million … 18.11 %


QR ended June 2024 :

👉 Revenue : 4.8 million, Profit RM 0.4 million.. 8.33 %


👉👉 Average Profit % for Half year 2024 is 13.22 % … compared to Yinson Half year ( February to July 2024 ) FY2025 is 13.85 % ( RE in India )


👉👉👉 Yinson Renewables in Peru ???

2.) Green Technology: Gross Revenue 26 million- Elimination 19 million = 7 million

Results: - 22 million


>>> Sslleee is this meant that during construction of the Solar Power Plant in Peru Desert is incurred Losses ?😱🤔



—-





👉 Yinson :

QR ended July 2024 :

Segment information : RM million

> For the 6 months period ended July 2024 :

1.) Renewable : Gross Revenue 66 million- Elimination 1 million = 65 million

Results : + 9 million.


2.) Green Technology: Gross Revenue 26 million- Elimination 19 million = 7 million

Results: - 22 million


3.) Other Operations : Gross Revenue 459 million- Elimination 458 million = 1 million

Results: - 47 million


👉4.) FPSO Operations: Gross Revenue 2904 million- Elimination 1521 million = 1303 million

Results: + 810 million

Johnchew5

11,689 posts

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho
FPSO Atlanta is initially to be commissioned on February 2024 … First Oil by May 2024 .. is Delayed to August 2024 due to Brazilian strikes… now is November 2024 .. still waiting for Regulatory permit to commission on the First Oil ? Or other issues???😱🤔

Sslee

6,869 posts

Posted by Sslee > 1 week ago | Report Abuse

Do you need to study every detail of financial result 2024 or 2025 when Yinson management already projected EBITDA is expected to reach about USD 1 billion annually from 2026 and expect free cash flow after repaying debt and interest to reach USD 200 – USD 300 million annually from 2026 onwards based on today’s interest rates?

Let's sit back and watch the wave formation afterall 2026 is just 14 months away.

Bullrun18

408 posts

Posted by Bullrun18 > 1 week ago | Report Abuse

Yup Yinson will be cash cow after 2026 😂

Johnchew5

11,689 posts

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho , Yinson financing n Refinancing is worrying le .. from QR result shown Debts is keep Increasing… while FPSO Anna Nery which First Oil on May 2023 contributed 50 % of FPSO segment Revenue.. ownership is reduced from 75% to 63.2 % on 22/10/2024 due to Refinancing ….😱😱😱🤔

Bullrun18

408 posts

Posted by Bullrun18 > 1 week ago | Report Abuse

Anyway Yinson share price will skyrocket to sky high in future and Jaks share price will go to under ground 😂😂😂

Posted by BursaVulture > 1 week ago | Report Abuse

@Johnchew5

Everybody knows about the debt, they never hide it, this coming QR, the debt will be even higher as mentioned publicly. They borrow more to build final FPSO. They took on 3 big FPSO in a short time frame.

Ownership reduction of FPSO Anna Nery was clearly written in the agreement and made public years ago. Everybody knows.

They are projected to be cash flow positive around mid 2025. about 8 or 9 months time. Hopefully sooner due to FPSO maria striking first oil many months ahead.

Posted by BursaVulture > 1 week ago | Report Abuse

Looks like they are hoping to win a few more projects in Brazil in coming years.

https://www.businesstoday.com.my/2024/11/18/yinson-establishes-long-term-office-in-brazil/

Johnchew5

11,689 posts

Posted by Johnchew5 > 1 week ago | Report Abuse

Yinson FPSO segment:

FPSO Maria Quitéria has a production capacity of 100,000 barrels of oil per day (bpd) ( First Oil is on October 2024 )

FPSO Atlanta production capacity = 50,000 bpd ( First Oil is Delayed)

FPSO Agogo production capacity = 120,000 bpd ( First Oil by early 2026 )

FPSO Anna Nery production capacity = 70,000 bpd ( First Oil is on May 2023 )

Yinson 2 New Operating + 2 New going to be Operating… Total 4 FPSO production capacity = 340,000 bpd ..

Compared to US 2023 Shale oil production capacity = 9,000,000 bpd ! ( represents only 70 % of US total oil production)

With the New US President Trump on November 2024 … more Shale Oil well shl be restarted production….


👉 5 days ago — Oil prices hold near 2-week low after OPEC cuts demand view, dollar rises · OPEC cuts oil demand growth forecast for 2024, 2025 · US dollar rises ...

Johnchew5

11,689 posts

Posted by Johnchew5 > 1 week ago | Report Abuse

Yinson Production Secures USD230 Million Financing in Relation to FPSO Maria Quitéria

7 Aug 2023 — Yinson Production has secured a USD230 million term loan facility in relation to FPSO Maria Quitéria.

Johnchew5

11,689 posts

Posted by Johnchew5 > 1 week ago | Report Abuse

Yinson Production completes USD 1.3 billion debt financing for the Agogo FPSO

2 May 2024 — The financing is provided by a consortium of 13 lenders, including international banks and institutional investors, and will be utilised over ...

Johnchew5

11,689 posts

Posted by Johnchew5 > 1 week ago | Report Abuse

Yinson-Sumitomo secures USD670 million mini perm financing for FPSO Anna Nery

11 Aug 2021 — Sumitomo owns a 25% stake in the project. The deal has been positively received by the investment community with several banks expressing ...

Johnchew5

11,689 posts

Posted by Johnchew5 > 1 week ago | Report Abuse

Yinson secures funding from private equity firm for floating facility in Angola

18 Aug 2023 — Yinson Holdings Bhd has secured US$300 million (RM1.39 billion) from a private equity firm, RRJ Capital, to partly finance its floating, ...

Johnchew5

11,689 posts

Posted by Johnchew5 > 1 week ago | Report Abuse

Yinson secures $720 million financing for Maria Quiteria FPSO

7 Oct 2022 — Malaysia's Yinson Holdings has entered into a $720 million syndicated loan facility for the Maria Quiteria floating production, storage and offloading vessel.

Johnchew5

11,689 posts

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho Thats why Yinson is also thirst for New FPSO order as :

FPSO Anna Nery is contributing ard 50 % , on FPSO segment Revenue where as the other 5 Operating FPSO are contributing 50 % ( ie : illustration > each one contributing 10 % only ) .


But Assets :

Non current contract asset : RM 11,389 m

Current contract asset : RM 544 m

Total Contract asset = RM 11,933 m


Total Loans n Borrowings = RM 19,580 m

USD Loans n Borrowings interest is 12 % n 13.88 % ( AR FY24 )

Posted by JediMaster1 > 1 week ago | Report Abuse

Yinson total contract in book is USD 22.5 B = Rm 101,250 mil !!!

Posted by JediMaster1 > 1 week ago | Report Abuse

在回去上多几年数学课吧就别在這里瞎折腾 !

Sslee

6,869 posts

Posted by Sslee > 1 week ago | Report Abuse

Aiyoyo FPSO Anna Nery is the first big FPSO project under take by Yinson with partners to gain experience. The next big 3 (three) will be the big earners for Yinson.

FPSO Anna Nery production capacity = 70,000 bpd ( First Oil is on May 2023 ) 63.2% owned

FPSO Maria Quitéria has a production capacity of 100,000 barrels of oil per day (bpd) ( First Oil is on October 2024 )

FPSO Atlanta production capacity = 50,000 bpd ( First Oil is Delayed)

FPSO Agogo production capacity = 120,000 bpd ( First Oil by early 2026 )

Johnchew5

11,689 posts

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho the most worries is FPSO Atlanta First Oil is still Delaying ???

The Brazilian firm’s activities aimed at replacing the FPSO Petrojarl I, which has been working at the Atlanta field in block BS-4 in the Santos Basin since 2018, with the FPSO Atlanta, bought for Atlanta’s Full Development System (FDS) in 2022, are in the final stage.

Posted by JediMaster1 > 1 week ago | Report Abuse

Delay or not delay is none of your business you better go and take care your Junk stock Jaks if i not mistaken Jaks will going to fall in ground anytime !!!

Johnchew5

11,689 posts

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho Jedii oredi loss naked in Lambo planet as is delisted on October 2024 …not going to Mars planet ke ..🤣

Posted by Philip ( buy what you understand) > 1 week ago | Report Abuse

So if this worry is gone you will be happy? News on that front should be coming soon next month as final hookup all done on yinson production side, and now back to Bravia Energia as all the hookups to remove fpso petrojarl 1 has be done and fully connected to FPSO atlanta, not only awaiting the final details so can announce production soon. Phase 1 already completed with 6 wells connected to FPSO Atlanta and the balance 4 wells ongoing as per schedule.

In any case Mike don't worry about yinson, everything moving onwards

>>>>>>>
Johnchew5

Hoho the most worries is FPSO Atlanta First Oil is still Delaying ???

The Brazilian firm’s activities aimed at replacing the FPSO Petrojarl I, which has been working at the Atlanta field in block BS-4 in the Santos Basin since 2018, with the FPSO Atlanta, bought for Atlanta’s Full Development System (FDS) in 2022, are in the final stage.
53 minutes ago

Posted by Philip ( buy what you understand) > 1 week ago | Report Abuse

But funnily enough with all your thousands of posts you have zero shares bought, so what is the goal of reposting and reposting and reposting whole share price keeps going up? Unlike Jaks.... Which you don't even bother losing anymore.

Meanwhile... How many shares of Jaks do you currently hold?

Johnchew5

11,689 posts

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho Kidd be mature in Public forum le …..

Johnchew5

11,689 posts

Posted by Johnchew5 > 1 week ago | Report Abuse

Hoho the most worries is FPSO Atlanta First Oil is still Delaying ???

Since 13/9/2024 pending authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) for the first oil production through the new vessel.

The Brazilian firm’s activities aimed at replacing the FPSO Petrojarl I, which has been working at the Atlanta field in block BS-4 in the Santos Basin since 2018, with the FPSO Atlanta, bought for Atlanta’s Full Development System (FDS) in 2022, are in the final stage.

>>> The Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) has now issued the operating license for the FPSO Atlanta to Brava Energia, which takes the firm another step closer to the first oil.

👉Currently, the company is working to comply with regulatory requirements necessary for the pending The Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) has now issued the operating license for the FPSO Atlanta to Brava Energia, which takes the firm another step closer to the first oil.

👉Currently, the company is working to comply with regulatory requirements necessary for the pending authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) for the first oil production through the new vessel.

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