SBM Offshore News

First Steel Cut for ExxonMobil’s Guyana Field-Bound FPSO Jaguar

Nov 13, 2024

SBM Offshore has held a steel strike ceremony for floating production, storage, and offloading (FPSO) Jaguar, marking a significant step forward in the development of ExxonMobil's Whiptail project, located in the Stabroek Block, offshore Guyana…

ExxonMobil Takes Ownership of FPSO Prosperity

Nov 08, 2024

ExxonMobil has assumed ownership of the Prosperity floating, production, storage and offloading (FPSO) unit from SBM Offshore, operating at Payara, Guyana’s third offshore oil development on the Stabroek Block.ExxonMobil, through its affiliate ExxonMobil Guyana…

SBM Offshore Secures $1.5B Financing for FPSO Jaguar

Nov 22, 2024

SBM Offshore has completed the $1.5 billion project financing of the Jaguar floating production, storage, and offloading (FPSO) unit, which will be deployed at ExxonMobil's Whiptail project, located in the Stabroek Block, offshore Guyana.The…

SBM Offshore and Technip Energies to Build TotalEnergies’ GranMorgu FPSO

Nov 14, 2024

TotalEnergies has awarded a contract to SBM Offshore and Technip Energies to build and install a floating production, storage and offloading vessel (FPSO) for its GranMorgu field, offshore Suriname.The contract award follows completion of front-end engineering and design studies…

Fifth FPSO for Petrobras’ Mero Field En Route to Brazil (Photos)

Dec 19, 2024

Alexandre de Gusmão floating, production storage and offloading (FPSO) unit has departed in China and is now on its way to Brazil where it will be deployed at Petrobras’ Mero field, in the Santos Basin.The Alexandre de Gusmão FPSO left China on December 16…

SBM Considers Bidding for Petrobras’ Sergipe FPSO Units

Dec 12, 2024

Dutch firm SBM Offshore is considering bidding on a tender launched by Brazil's Petrobras to build up to two oil platforms for the state-run oil firm, SBM's president in Brazil, Jonas Lobo, told Reuters.The tender, to build up to two Floating Production Storage and Offloading (FPSO) vessels…

SBM Offshore’s FPSO for ExxonMobil’s Guyana Oil Project Takes Final Shape (Video)

Sep 19, 2024

Dutch FPSO leasing specialist SBM Offshore has completed the final module lifts at Seatrium’s shipyard in Singapore for a floating production, storage, and offloading (FPSO) unit ONE Guyana, which is scheduled for departure to ExxonMobil’s Yellowtail field offshore Guyana in early 2025…

Largest FPSO to Operate Offshore Brazil Arrives to Its Destination

Oct 30, 2024

The floating production, storage, and offloading (FPSO) unit Almirante Tamandaré, built by SBM Offshore, has arrived to Brazil ahead of installation at Petrobras’ Búzios field in the Santos Basin.The Almirante Tamandaré FPSO has been built with the capacity to produce 225…

ONE Guyana FPSO to Depart for Yellowtail Field Early in 2025

Nov 21, 2024

Guyana's fourth oil floating production storage and offloading (FPSO) facility is expected to depart for the South American country in the first quarter next year, the CEO of U.S. producer Hess, John Hess, said on Wednesday.The firm, which alongside…

Chinese Firm Takes Minority Share from SBM Offshore in Mero Field FPSO

Oct 25, 2024

SBM Offshore has completed the divestment of a 13.5% ownership interest in FPSO Sepetiba, deployed at Petrobras’ Mero field offshore Brazil, to China Merchants Financial Leasing (Hong Kong) Holding Co (CMFL).SBM Offshore is operator of the FPSO…

Saipem Secures $1.9B Subsea Work at TotalEnergies’ Suriname Field

Nov 14, 2024

Saipem has secured an engineering, procurement, construction and installation (EPCI) contract by TotalEnergies for the subsea development of the GranMorgu field, offshore Suriname.Saipem’s scope of work under the contract worth $1.9 billion entails the engineering…

SBM Offshore and MISC Berhad Ink Share Purchase Deals for Two FPSOs

Sep 06, 2024

SBM Offshore has signed two share purchase agreements with its partner MISC Berhad related to two floating production storage and offloading (FPSO) units.Under the agreement, SBM Offshore will acquire MISC Berhad’s entire effective equity interest…

Woodside’s Trion FPU Enters Construction Phase

Nov 14, 2024

Woodside Energy has passed a major milestone for its operated Trion development offshore Mexico with the start of steel fabrication for the semi-submersible floating production unit (FPU).The first cutting of steel for the Trion FPU was marked…

TotalEnergies Steps Up Methane Emissions Monitoring Efforts

Nov 14, 2024

TotalEnergies has announced plans to deploy real-time methane emissions detection equipment on all its operated upstream assets by the end of 2025.Since 2022, TotalEnergies has been pursuing its ambition to aim for near-zero methane operated emissions in 2030…

Floating Wind and the Taming of Subsea Spaghetti

Oct 31, 2024

Preparing for industrialization, the floating offshore wind industry is tackling its unique mooring and cabling challenges.The idea of keeping floating offshore wind platforms in place using dynamic positioning has been considered. The trouble…

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