Foreseeing no financing woes to hinder its progress, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, is eyeing refinancing opportunities for two floating production, storage, and offloading (FPSO) units with new project bonds on the cards next year.

With a lease-and-operate model as the crown jewel of its FPSO strategy to build ‘better FPSOs for cheaper price,’ according to its Chief Financial Officer (CFO), who pinpoints carbon capture technologies and energy efficiency tools as the best paths to take toward ushering in a net zero future, Yinson Production has nine operating assets and two units under construction, leading to $19.9 billion in contracted revenue backlog through 2050, including options.