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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

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

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 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.

[Read more…] about SBM Offshore divests minority interest in FPSO Sepetiba

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

Seatrium awarded repeat FPSO integration contract

Thursday, May 16 2024

Fossil Energy – FPSO

Singapore-based Seatrium announced it has been awarded a contract by Single Buoy Moorings for the topsides fabrication and integration of a Floating Production Storage and Offloading (FPSO) vessel.

[Read more…] about Seatrium awarded repeat FPSO integration contract

Filed Under: FPSO, International projects, SBM Offshore, Seatrium, Topside Tagged With: fabrication, FPSO, SBM, Seatrium, topsides

SBM Offshore and Technip Energies sign PA to form EkWiL

Thursday, March 14 2024

Wind Energy – EkWiL

SBM Offshore and Technip Energies announced the signing of a Memorandum of Understanding for the creation of a joint venture entity, EkWiL.

[Read more…] about SBM Offshore and Technip Energies sign PA to form EkWiL

Filed Under: Floating wind, General, International projects, Joint Venture, SBM Offshore, Technip Energies Tagged With: joint venture, SBM, Technip Energies

SBM Offshore announces CEO departure and succession

Thursday, January 25 2024

General – Appointment

SBM Offshore announces that, after 12 years as Chief Executive Officer (CEO) and Chair of the Management Board, Bruno Chabas has decided not to seek a 4th mandate at the end of his current term on 12th April 2024.

[Read more…] about SBM Offshore announces CEO departure and succession

Filed Under: Appointment, International projects, SBM Offshore Tagged With: appointment, SBM

SBM Offshore successfully raises Revolving Credit Facility

Thursday, December 21 2023

Fossil Energy – Credit Facility

SBM Offshore has secured a US$210 million Revolving Credit Facility (RCF) for the financing of the construction of Fast4Ward Multi-Purpose Floater (MPF) hulls.

[Read more…] about SBM Offshore successfully raises Revolving Credit Facility

Filed Under: Finance, International projects, SBM Offshore Tagged With: Finance, MPF, SBM

SBM Offshore successfully installated 3 floating wind units (VIDEO)

Friday, October 13 2023

Wind Energy – Floating Wind

SBM Offshore announced the successful installation of the 3 floating wind units for the Provence Grand Large pilot project to their final location 17 kilometers off the Port-Saint-Louis-du-Rhône, near Marseille, France.

[Read more…] about SBM Offshore successfully installated 3 floating wind units (VIDEO)

Filed Under: Floating wind, France, International News, SBM Offshore Tagged With: floating wind, France, SBM

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