Malaysia’s Yinson Holdings has enhanced its floating production, storage and offloading business with the acquisition of a specialist provider of turret mooring systems, an essential and complex technology for FPSOs.

Yinson said today its offshore production unit Yinson Production has acquired 100% of the issued capital of London Marine Group, the sole owner of turret company London Marine Consultants (LMC).

LMC is one of only a handful of turret mooring specialists in the world and has a track record of working for Yinson.