Maritime news

Monitor breaking maritime news and insights for profitable, efficient and safe shipping.

Tagged in SBM

SBM Offshore awarded contracts for ExxonMobil FPSO ONE GUYANA

SBM Offshore has announced that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the Yellowtail development project located in the Stabroek Block in …
Apr 5, 2022 / Vessels

WATCH: Prosperity FPSO leaves Dry Dock to move on to integration phase

Last month the Prosperity FPSO project passed another major milestone when it left dry dock and moved to the quay side for the topsides integration phase. Prosperity is the second Fast4Ward® FPSO built by SBM Offshore and the third FPSO for Guyana. …
Apr 4, 2022 / Vessels

SBM Offshore divests minority interest in FPSO Alexandre de Gusmão project

Following the announcement on November 30 2021, with respect to the signature of the contracts for FPSO Alexandre de Gusmão, SBM Offshore has announced that it has entered into a shareholder agreement with its long standing business partners …
Mar 23, 2022 / Vessels

Equinor and bp sign agreement to transform South Brooklyn Marine Terminal into central hub for offshore wind industry

Equinor, and its partner bp, today announced an agreement to turn the storied South Brooklyn Marine Terminal (SBMT) complex in Brooklyn, New York into a major regional hub for offshore wind. Under the agreement, the terminal will transform into a …
Mar 4, 2022 / Vessels

FPSO Liza Unity producing and on hire

SBM Offshore has announced that FPSO Liza Unity has produced first oil as of February 11, 2022 and is formally on hire.The FPSO Liza Unity is the first unit with a design based on SBM Offshore’s industry leading Fast4Ward® program which incorporates …
Feb 14, 2022 / Vessels

SBM Offshore divests minority interest in FPSO Almirante Tamandaré project

Following the announcement on July 27, 2021 with respect to the signature of the contracts for the FPSO Almirante Tamandaré, SBM Offshore announced earlier today that it has entered into a shareholder agreement with its long standing business …
Jan 25, 2022 / Curious

MDFT Secures Contract Extension For FPSO Kikeh

MISC Berhad (MISC) announced that the Malaysian Deepwater Floating Terminal (Kikeh) Limited (MDFT), a joint venture company between MISC and SBM Holdings Inc. S.A. (SBM), had recently entered into an agreement with PTTEP Sabah Oil Limited (PTTEP) to …
Jan 24, 2022 / Vessels

SBM Offshore completes US$620 million bridge loan for FPSO Alexandre de Gusmão

SBM Offshore announced on Friday (Dec17) that it has secured a US$620 million bridge loan facility for the financing of the construction of FPSO Alexandre de Gusmão.The FPSO Alexandre de Gusmão will be deployed at the Mero field in the Santos Basin …
Dec 18, 2021 / Vessels

SBM Offshore signs FPSO Alexandre de Gusmão contracts

SBM Offshore announced earlier today that it has signed contracts with Petróleo Brasileiro S.A. (Petrobras) for the 22.5 years lease and operation of FPSO Alexandre de Gusmão. These contracts follow the signing of the binding Letter of Intent as …
Nov 30, 2021 / Curious

SBM Offshore Awarded Contracts for Fourth FPSO in Guyana Based on its Fast4Ward® Program

SBM Offshore announced earlier today that it has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Yellowtail development project. The FEED contract award …
Nov 17, 2021 / Vessels