Dutch FPSO systems provider SBM Offshore said Thursday it had signed a memorandum of understanding with ExxonMobil for the supply of another FPSO in Guyana.'The company recently placed an order for a seventh Fast4Ward MPF hull. The construction…
Dutch FPSO leasing specialist SBM Offshore has ordered its latest Fast4Ward multi-purpose floater hull as it marked a new record level order book at $31.1 billion. The latest Fast4Ward floating production unit (FPU) is expected to be delivered in 2024…
Philippe Barril, Chief Transition Officer (CTO) of FPSO specialist SBM Offshore, has decided to step down from SBM Offshore to become the CEO of the Dutch offshore installation firm Heerema Marine Contractors on September 1, 2022. Barril was…
SBM Offshore, a Dutch company that designs, builds, installs, and operates FPSO units, has confirmed the receipt of a firm order from ExxonMobil for the fourth and largest FPSO to be deployed offshore Guyana.The FPSO will be designed to produce 250…
Dutch FPSO leasing company SBM Offshore has divested a 45% stake in the under-construction FPSO Alexandre de Gusmão, bound to be deployed at Petrobras Mero field offshore Brazil'SBM Offshore is pleased to announce that it has entered into a…
Rights group Sherpa has called on French prosecutors to open an investigation into alleged corruption related to the activities of Dutch oil and gas services firm SBM Offshore, it said in a statement on Monday.Sherpa said it had filed a request…
Dutch FPSO leasing company SBM Offshore has agreed to sell down a 45% stake in the FPSO Almirante Tamandaré, one of the world's largest FPSOs, being built for Brazil's Petrobras.'SBM Offshore is pleased to announce that it has entered into a…
Dutch FPSO leasing specialist SBM Offshore announced the proposed appointment of Øivind Tangen as Chief Operating Officer (COO) and member of its Management Board on Thursday. Tangen has 19 years of experience with SBM Offshore in engineering and operational roles…
Dutch floating oil and gas production firm SBM Offshore has secured a $620 million bridge loan facility for the financing of the construction of FPSO Alexandre de Gusmão, to be deployed in Brazil for Petrobras.The FPSO Alexandre de Gusmão will…
SBM Offshore, one of the world's largest suppliers of FPSO vessels for the offshore oil and gas industry, has been ordered to pay 7.0 million CHF (around USD 7.6 million) for bribery in the 2005 – 2012 period.A year ago, SBM Offshore said that…
Dutch FPSO specialist SBM Offshore has won contracts to perform Front End Engineering and Design (FEED) for an FPSO for Exxon's Yellowtail development offshore Guyana. This will be SBM Offshore's largest-ever FPSO.The FEED contract for what will be Guyana's fourth FPSO…
SBM Offshore, one of the world's largest suppliers of floating, production, storage, and offloading (FPSO) vessels for the offshore oil industry, is looking at ways to diversify its offering, with a more dominant role predicted for gas in the future…
Dutch FPSO provider SBM Offshore has secured a US$635 million bridge loan facility for the financing of the construction of FPSO Almirante Tamandaré, one of the world's largest FPSOs.SBM Offshore said Friday that it had secured the loan by the…
Dutch FPSO leasing specialist SBM Offshore has completed the project financing of FPSO Sepetiba for a total of US1.6 billion, which SBM Offshore says, is the largest project financing in the company’s history.FPSO Sepetiba, formerly known as Mero 2…
Dutch FPSO leasing specialist SBM Offshore has secured a firm deal with Petrobras to lease and operate a newbuild FPSO at its giant Buzios offshore oil field in Brazil.The firm contract, for the 26.25 years lease and operation of the FPSO to be named Almirante Tamandaré…