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SBM Offshore divests minority interest in FPSO Sepetiba

Saturday, October 26 2024

Fossil Energy – SBM

SBM Offshore has completed the divestment of a 13.5% ownership interest in the special purpose companies related to the lease and operation of the FPSO Sepetiba to China Merchants Financial Leasing (Hong Kong) Holding Co.

This follows the announcement on February 10, 2022, of an agreement whereby CMFL would acquire its ownership interest after the FPSO Sepetiba had commenced operations. SBM Offshore is operator of the FPSO and will remain the majority shareholder with 51% ownership interest.

FPSO Sepetiba is installed at the Mero unitized field located in the Santos Basin, approximately 180 kilometers offshore Rio de Janeiro in Brazil.

Related posts:

  1. FPSO Sepetiba sails away from China
  2. SBM Offshore completes financing of Almirante Tamandaré
  3. Petrobras kicks off process to contract 2 FPSOs
  4. CIMC Raffles to construct Atapu and Sépia hulls, living quarters

Filed Under: Brazil, divestment, FPSO, International projects, SBM Offshore Tagged With: Brazil, China Merchants Financial Leasing, divestment, FPSO, santos basin, SBM, Sepetiba

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