Yinson Annual Report 2020

66 Yinson Holdings Berhad SECTION 4 OUR CAPITALS NATURAL SOCIAL & RELATIONSHIPS HUMAN ORGANISATIONAL FINANCIAL MANUFACTURED FPSO Abigail-Joseph The contract for FPSO Abigail-Joseph was secured in 2019, with the refurbishment, life extension works and installation of new structures including the helideck and riser balcony as well as the installation and integration of topsides modules taking place in Singapore. The project achieved a milestone as one of the world’s fastest brownfield FPSO vessel modification and upgrading projects. Activity Date Contract award 28 Feb 2019 First delivery of steel and pipe materials 9 Jul 2019 Vessel arrival at shipyard 28 Jul 2019 Completion of demolition scope 15 Sep 2019 Installation of metering skid and steel integration 27 Oct 2019 Completion of dry dock 4 Dec 2019 Accommodation ready for habitation 18 Dec 2019 Completion of tanks and hull coating 15 Jan 2020 Flash Gas/HP compressors skids installation and integration 15 Jan 2020 Completion of riser balcony structural work 20 Jan 2020 Departure to field 26 Feb 2020 FPSO Anna Nery With FPSO Anna Nery, we have commenced placement of critical path and long lead items, as well as Early Works Engineering Contracts, as per project schedule. Activity Date Contract award/LOI issued (effective date) 11 Oct 2019 Issued purchase order for gas turbine generators 7 Jan 2020 Issued purchase order for water injection module 24 Jan 2020 Vessel arrival at shipyard 16 Mar 2020 Entered into definitive contract 23 Mar 2020