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SBM signs agreement for FPSO Cidade de Paraty

Wednesday, April 9 2025

Fossil Energy – Sale and Leaseback

SBM Offshore signed a non-recourse sale and leaseback financing agreement for FPSO Cidade de Paraty for the total amount of US$400 million and with a tenor of 8 years.

[Read more…] about SBM signs agreement for FPSO Cidade de Paraty

Filed Under: FPSO, International projects, lease sale, SBM Offshore Tagged With: FPSO, Leaseback, Sale, SBM

Agreement to study Application of Carbon Capture Modules

Monday, February 17 2025

General – Carbon Capture Modules

SBM Offshore and Petrobras have signed an agreement to study the application of carbon capture modules on floating production, storage, and offloading (FPSO) units.

[Read more…] about Agreement to study Application of Carbon Capture Modules

Filed Under: applications, Carbon Capture, CO2, FPSO, International News, Petrobras, SBM Offshore, Study Tagged With: carbon capture modules, CO2, FPSO, Petrobras, SBM Offshore, Study

Petrobras starts production offshore Brazil

Monday, February 17 2025

Fossil Energy – FPSO

The floating production, storage, and offloading (FPSO) unit Almirante Tamandaré, built by SBM Offshore, has started production at Petrobras’ Búzios field, offshore Brazil.

[Read more…] about Petrobras starts production offshore Brazil

Filed Under: Brazil, FPSO, International News, Petrobras, Production, SBM Offshore Tagged With: Brazil, FPSO, Petrobras, production, SBM Offshore

SBM Offshore signs Mou with Petrofund

Thursday, February 13 2025

General – MoU

Yesterday Ousmane Aidara, SBM Offshore Business Development Director for Africa and Petrofund Chief Executive Officer Nillian Mulemi signed a Memorandum of Understanding (MoU) to collaborate on capacity building in Namibia’s oil and gas sector.

[Read more…] about SBM Offshore signs Mou with Petrofund

Filed Under: capacity agreement, collaboration, International News, MoU, Namibia, Petrofund, SBM Offshore Tagged With: capacity building, collaboration, MOU, Namibia, Petrofund, SBM

Fabrication topsides GranMorgu FPSO for Chinese shipyards

Saturday, January 18 2025

Fossil Energy – Topsides Fabrication

The two leading Chinese shipyards Bomesc and Cosco have secured contracts from a joint venture between SBM Offshore and Technip Energies to construct topsides modules for a floating production, storage, and offloading (FPSO) vessel.

[Read more…] about Fabrication topsides GranMorgu FPSO for Chinese shipyards

Filed Under: Bomesc, COSCO, FPSO, Gran Morgu, International projects, SBM Offshore, Technip Energies Tagged With: Bomesc, china, Cosco, FPSO, GranMorgu, SBM Offshore, Technip Energies

SBM Offshore to sell shares in Floventis

Sunday, January 12 2025

General – Sale of Shares

SBM Offshore has agreed with Cierco Energy to sell all of its shares in Floventis Energy.

[Read more…] about SBM Offshore to sell shares in Floventis

Filed Under: Cierco Energy, Floventis, International projects, sale, SBM Offshore, Share purchase, shareholder Tagged With: Cierco Energy, Floventis Energy, SBM, shares

ExxonMobil secures ownership of Guyana’s first-oil FPSO

Tuesday, December 24 2024

Fossil Energy – Ownership

SBM Offshore and ExxonMobil Guyana have completed the transaction related to the purchase of FPSO Liza Destiny, ahead of the maximum lease term, which would have expired in December 2029.

[Read more…] about ExxonMobil secures ownership of Guyana’s first-oil FPSO

Filed Under: ExxonMobil, FPSO, Guyana, International projects, SBM Offshore Tagged With: ExxonMobil, FPSO, Guyana, purchase, SBM

SBM Offshore awarded contracts for the GranMorgu field development

Thursday, November 14 2024

Fossil Energy – Suriname

SBM Offshore has been awarded contracts for the GranMorgu field development project located in Block 58 in Suriname by the Operator, TotalEnergies EP Suriname.

[Read more…] about SBM Offshore awarded contracts for the GranMorgu field development

Filed Under: Development, Gran Morgu, International projects, SBM Offshore, Suriname, TotalEnergies Tagged With: Development, Gran Morgu, SBM Offshore, TotaEnergies

Naming ceremony FPSO Alexandre de Gusmão

Sunday, November 10 2024

Fossil Energy – Naming Ceremony

Last week at COSCO Shipping (Qidong) Offshore, China, SBM Offshore celebrated the successful completion of engineering masterpiece FPSO Alexandre de Gusmão that will soon be sailing away to Brazil.

[Read more…] about Naming ceremony FPSO Alexandre de Gusmão

Filed Under: COSCO, FPSO, International News, naming ceremony, SBM Offshore Tagged With: Cosco, FPSO, Naming ceremony, SBM Offshore

FPSO Prosperity purchase by ExxonMobil Guyana completed

Friday, November 8 2024

Fossil Energy – FPSO

SBM Offshore and ExxonMobil Guyana have completed the transaction related to the purchase of FPSO Prosperity, ahead of the maximum lease term, which would have expired in November 2025.

[Read more…] about FPSO Prosperity purchase by ExxonMobil Guyana completed

Filed Under: ExxonMobil, FPSO, Guyana, International projects, SBM Offshore Tagged With: exxonmobile, FPSO, Guyana, purchase agreement, SBM Offshore

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