SBM Offshore completes Turritella handover and transaction

By Finance

After an operational transition period, SBM Offshore and Shell E and P Offshore Services B.V. (Shell) have completed the transaction related to the sale of FPSO Turritella.

SBM Offshore completes Turritella handover and transaction
Caption: FPSO Turritella

Both companies have worked successfully together to ensure a safe and controlled handover of operations.

The financial impact of this transaction on the SBM Offshore accounts remains in-line with earlier disclosures.

Source: SBM Offshore