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Tagged in SBM Offshore

SBM Offshore announces the completion of the Share Purchase Agreements with Sonangol

SBM Offshore has announced that it has completed the acquisition of the shares in the lease and operating entities related to FPSOs N’Goma, Saxi Batuque and Mondo from its partner Sonangol EP. Simultaneously, SBM Offshore completed the sale of all …
Jun 12, 2024 / Curious

Seatrium Awarded Repeat FPSO Integration Contract from SBM Offshore

Seatrium Limited (Seatrium or the Group) has been awarded a contract by Single Buoy Moorings Inc, a SBM Offshore company, for the topsides fabrication and integration of a Floating Production Storage and Offloading (FPSO) vessel.  Mr Marlin …
May 20, 2024 / Curious

SBM Offshore Awarded Contracts for ExxonMobil Guyana’s FPSO Jaguar

SBM Offshore has announced that ExxonMobil Guyana Limited (EMGL) has confirmed the award of contracts for the Whiptail development project located in the Stabroek Block in Guyana. Under these contracts, SBM Offshore will construct and install FPSO …
Apr 12, 2024 / Curious

FPSO Sepetiba producing and on hire

SBM Offshore has announced that FPSO Sepetiba is formally on hire as of January 2, 2024 after achieving first oil and the completion of a 72-hour continuous production test leading to Final Acceptance. FPSO Sepetiba is owned and operated by special …
Jan 8, 2024 / Curious

FPSO Prosperity producing and on hire

SBM Offshore announced on Tuesday (Sep14) that FPSO Prosperity has produced first oil as of November 14, 2023 and is formally on hire. The FPSO Prosperity utilizes a design that largely replicates the design of the FPSO Liza Unity. As such, the …
Nov 15, 2023 / Curious

CMHI contracts TMC for FPSO delivery

China Merchant Heavy Industries (CMHI) has contracted TMC Compressors (TMC) to deliver the completed marine compressed air system to a newbuild FPSO the Chinese yard is constructing for SBM Offshore. Under the contract, TMC will provide a …
Oct 19, 2023 / Curious

SBM Offshore awarded FEED contracts for Whiptail project in Guyana

SBM Offshore has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Whiptail development project in Guyana. Following FEED and subject to government …
Oct 13, 2023 / Curious

SBM Offshore and MHI sign Partnership Agreement for FPSO CO2 Capture Solution

SBM Offshore and Mitsubishi Heavy Industries Ltd. (MHI) have announced the signing of a Partnership Agreement that will offer a CO2 capture solution for Floating Production Storage and Offloading vessels (FPSO) as they are producing oil and gas from …
Sep 15, 2023 / Curious

SBM Offshore signed a 10-year Operations and Maintenance Enabling Agreement for its Guyana FPSO fleet with ExxonMobil Guyana

SBM Offshore announced on Tuesday (May02) it has signed a 10-year Operations and Maintenance Enabling Agreement with Esso Exploration & Production Guyana Ltd (aka “ExxonMobil Guyana”) for the Operations and Maintenance of FPSOs Liza Destiny, Liza …
May 2, 2023 / Vessels

SBM Offshore completes US$1.63 billion financing of Almirante Tamandaré

SBM Offshore recently announced that it has secured project financing for its FPSO Almirante Tamandaré, with a total value of US$1.63 billion.  The financing is being provided by a consortium of 13 international banks, backed by insurance cover …
Apr 10, 2023 / Finance