Yinson and Eni have announced plans to expand the gas processing and export capacity of the Floating Production, Storage, and Offloading (FPSO) vessel John Agyekum Kufuor (JAK) operating offshore Ghana. The project includes installing new compression equipment and modifying the vessel’s superstructure to increase gas export capacity from 210-220 million standard cubic feet per day (MMscf/d) to 355 MMscf/d. This expansion is part of a contractual modification tied to the development of a non-associated gas (NAG) project. The agreement also extends the FPSO’s lease period by four years, keeping it under contract until 2036. The project is expected to add approximately US$600 million to Yinson Production’s portfolio of contracts.
The technical core of the project involves enhancing gas compression capacity to compensate for the expected decline in reservoir pressure, ensuring larger volumes of gas remain available for export. Yinson Production will also modify the processing plant on the FPSO JAK to boost onboard gas handling and processing before shipment. The program includes manufacturing and integrating two main modules: the MG2, equipped with two gas turbine-powered compressors, and the MC4, which will manage the increased gas volume.
The completion of the NAG project is scheduled for the first quarter of 2028, after which Yinson Production will start receiving an incremental daily fee until 2036. The FPSO JAK is owned by a joint venture led by Yinson Production (74%) and a Japanese consortium (26%), including Sumitomo Corporation, Kawasaki Kisen Kaisha, JGC Holdings, and the Development Bank of Japan. The increased capacity will strengthen Ghana’s domestic gas supply and energy security, according to Flemming Guiducci Grønnegaard, CEO of Yinson Production. The project aims to extend the field’s economic life by adapting to new pressure conditions.