Yinson Production has agreed with Eni to upgrade the FPSO John Agyekum Kufuor offshore Ghana, increasing its gas export capacity to 355 million standard cubic feet per day (MMscf/d) and extending the vessel’s firm lease through 2036.
The contract amendment, signed on 2 October 2026, covers a Non-Associated Gas (NAG) modification project designed to expand the FPSO’s gas processing capabilities. The upgrade will raise export capacity from approximately 210–220 MMscf/d to 355 MMscf/d.
A central part of the project is the installation of additional gas compression equipment to address the anticipated decline in reservoir pressure.
The modification programme includes the fabrication and integration of two topside modules. The MG2 module will accommodate two gas turbine-driven compressors, while the MC4 module will provide auxiliary gas treatment capacity to handle the increased gas volumes.
The work is scheduled for completion in the first quarter of 2028.
Beyond the technical modifications, the agreement extends the FPSO’s firm lease period by four years, taking it to 2036. Yinson Production will also receive an increased daily charter rate once the upgrade has been completed.
The additional day rate and extended contract period will together contribute approximately $600 million to the company’s firm contract backlog.
The agreement links the expansion of gas processing capacity with a longer contractual operating period for the existing FPSO. While the technical work is expected to be completed in early 2028, the revised commercial arrangements will continue through 2036.
The FPSO John Agyekum Kufuor is owned by a joint venture in which Yinson Production holds a controlling 74% interest.
The remaining 26% belongs to a Japanese consortium comprising Sumitomo Corporation, Kawasaki Kisen Kaisha, JGC Holdings and the Development Bank of Japan.
Flemming Guiducci Grønnegaard, CEO of Yinson Production, said the modification would help meet Ghana’s domestic energy requirements by increasing the FPSO’s gas export capability. He also noted that the project would support an extension of the field’s economic life.
