Sbm Off News


SBM Offshore Gets ABS Approval for NearZero FPSO Design

May 08, 2025

American Bureau of Shipping (ABS) has issued an approval in principle to SBM Offshore for its concept of a near zero floating production storage and offloading (FPSO) unit.The NearZero FPSO design incorporates low carbon technologies that collectively…

SBM Offshore, Microsoft Team Up for Clean AI-Driven Floating Power Solutions

Mar 14, 2025

SBM Offshore has entered into a global collaboration agreement with Microsoft to develop standardized, AI-powered carbon-free floating power solutions to address the growing needs for carbon-free electricity.This collaboration is set to transform…

SBM Offshore, Petrobras to Assess Application of Carbon Capture Tech on FPSOs

Feb 17, 2025

SBM Offshore and Petrobras have signed an agreement to study the application of carbon capture modules on floating production, storage, and offloading (FPSO) units.The module design is based on an engineering and design study between SBM Offshore and Mitsubishi Heavy Industries (MHI)…

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 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…

SBM Offshore to Build FSO for Woodside’s Trion Development Off Mexico

Aug 08, 2024

Dutch FPSO leasing specialist SBM Offshore has signed a contract with Woodside for the construction of a floating storage and offloading (FSO) unit for the Trion deepwater oil field, located in the Perdido Belt of the western Gulf of Mexico…

SBM Offshore Holds Naming Ceremony for FPSO Lined Up for Work Offshore Brazil

Jul 25, 2024

Dutch FPSO leasing specialist SBM Offshore has held a naming ceremony for a floating production, storage, and offloading (FPSO) unit, which will be deployed at a field offshore Brazil for oil and gas company Petrobras.The FPSO Almirante Tamandaré…

SBM Offshore Completes Share Purchase Agreements with Sonangol

Jun 11, 2024

SBM Offshore is pleased to announce that it has completed the acquisition of the shares in the lease and operating entities related to FPSOs N’Goma, Saxi Batuque and Mondo from its partner Sonangol EP. Simultaneously, SBM Offshore completed…

SBM Offshore Announces New CEO

Jan 24, 2024

After 12 years as SBM Offshore CEO and Chair of the Management Board, Bruno Chabas has decided to step down on April 12, 2024. The Supervisory Board has decided to appoint Øivind Tangen, currently COO and member of the Management Board, as CEO and Chair of the Management Board from that date…

Ahead of Schedule: ExxonMobil Guyana Takes Ownership of FPSO Liza Unity from SBM Offshore

Nov 10, 2023

Dutch FPSO leasing firm SBM Offshore and ExxonMobil Guyana Limited, an affiliate of ExxonMobil, have completed the transaction related to the purchase of FPSO Liza Unity, a few months ahead of the end of the maximum lease term, in February 2024…

SBM Offshore Upgrades Annual Revenue, Profit Outlook after ExxonMobil FPSO Sale

Nov 09, 2023

Dutch oil and gas services company SBM Offshore on Thursday upgraded its full-year revenue and core profit targets after ExxonMobil exercised its purchase option for a project in Guyana.The Amsterdam-based company now aims for a directional revenue of $4…

DNV Grants Stamp of Approval to SBM Offshore and Mitsubishi Heavy Industries' Carbon Capture Solution for FPSOs

Oct 31, 2023

Classification society DNV has issued a statement of qualified technology to SBM Offshore for its carbon capture plant or CO2 capture solution for FPSOs developed in partnership with Mitsubishi Heavy Industries. The statement verifies that the…

VIDEO: Three Floating Wind Turbines Installed Offshore France

Oct 13, 2023

Dutch offshore energy industry specialist SBM Offshore said Thursday it had installed three floating wind units for the Provence Grand Large pilot project at their final location, 17 kilometers off the Port-Saint-Louis-du-Rhône, near Marseille…

SBM Offshore Secures Fifth FPSO Contract in Guyana

Oct 13, 2023

Dutch firm SBM Offshore said Friday it had won contracts to perform front-end engineering and design (FEED) for a floating production, storage, and offloading vessel (FPSO) for the ExxonMobil-led Whiptail development project in Guyana.Following…

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