General – Sale of Shares
SBM Offshore has agreed with Cierco Energy to sell all of its shares in Floventis Energy.
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ExxonMobil secures ownership of Guyana’s first-oil FPSO
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 FPSOSBM Offshore divests minority interest in FPSO Sepetiba
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 SepetibaSeatrium awarded repeat FPSO integration contract
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 contractSBM Offshore and Technip Energies sign PA to form EkWiL
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 EkWiLSBM Offshore announces CEO departure and succession
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 successionSBM Offshore successfully raises Revolving Credit Facility
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 FacilitySBM Offshore successfully installated 3 floating wind units (VIDEO)
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)Partnership agreement for FPSO CO2 Capture Solution
General – CO2 Capture
SBM Offshore and Mitsubishi Heavy Industries (MHI) today announced the signing of a Partnership Agreement that will offer a CO2 capture solution for Floating Production Storage and Offloading vessels (FPSO) as they are producing oil and gas from offshore reservoirs.
[Read more…] about Partnership agreement for FPSO CO2 Capture SolutionFPSO Sepetiba sails away from China
Fossil Energy – FPSO Sepetiba
FPSO Sepetiba, SBM Offshore’s third Fast4Ward FPSO, sailed away on June 16, 2023 from the BOMESC shipyard, China, after successful completion of the topsides integration and onshore commissioning phases.
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