SBM Offshore News

Asso.subsea Wraps Up Subsea Cables Installation at French Floating Wind Pilot

Apr 25, 2024

Subsea cable services company Asso.subsea, in partnership with Prysmian Powerlink, has completed the cable installation, burial, and protection operations for the 25 MW Provence Grand Large floating offshore wind project in France.The project…

SBM Offshore and Technip Energies Create Floating Wind Joint Venture

Mar 14, 2024

SBM Offshore and Technip Energies have signed a partnership agreement to form a joint venture EkWIL as a floating offshore wind pure player.The companies signed a memorandum of understanding (MoU) for the creating of EkWIL, which will be able of proposing a wide range of solutions to clients…

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…

TechnipFMC Picks Up ‘Large’ Subsea Contract for ExxonMobil’s Whiptail Off Guyana

Apr 16, 2024

Oilfield services company TechnipFMC has secured a ‘large contract’ from ExxonMobil to supply subsea production systems for the Whiptail development in Guyana’s Stabroek block.TechnipFMC will provide project management, engineering, and manufacturing…

Aize to Provide Digital Twins for Liza Unity and Liza Destiny FPSOs

Feb 08, 2024

Aker software company Aize has signed an agreement with ExxonMobil Guyana and SBM Offshore to deploy Aize digital twin software on the floating production storage and offloading (FPSO) units Liza Unity and Liza Destiny offshore Guyana.Aker-owned…

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…

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…

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…

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…

TMC Compressors to Provide Equipment for Newbuild FPSO

Oct 19, 2023

Chinese shipbuilder China Merchant Heavy Industries (CMHI) has contracted TMC Compressors (TMC) to deliver the completed marine compressed air system to a newbuild FPSO the Chinese yard is constructing for the Dutch FPSO leasing firm SBM Offshore…

SBM Offshore and Mitsubishi Join Forces for Offshore CO2 Capture on FPSOs

Sep 15, 2023

Dutch FPSO leasing specialist SBM Offshore and Japanese industrial group Mitsubishi Heavy Industries Ltd. (MHI) have signed a partnership agreement that will offer a CO2 capture solution for Floating Production Storage and Offloading vessels…

ExxonMobil Brings Online Third FPSO Offshore Guyana

Nov 14, 2023

U.S. oil major ExxonMobil said Tuesday it had started production at Payara, Guyana’s third offshore oil development on the Stabroek Block, bringing total production capacity in Guyana to approximately 620,000 barrels per day. The company's third FPSO…

MODEC Hits Milestone: First Steel Cut in China for Guyana-Bound FPSO Errea Wittu

Nov 16, 2023

Japanese FPSO leasing firm MODEC said Thursday that the first steel-cutting ceremony for the Guyana-bound FPSO Errea Wittu had been held in China.MODEC secured its first order to supply an FPSO to Guyana in May 2023. The order came from an ExxonMobil…

Exxon Expects FID for Guyana's Sixth Offshore Oil Project by Q1 2024

Oct 18, 2023

Exxon Mobil Corp. expects to make a final investment decision on its sixth oil project in Guyana by the first quarter of 2024, the company's country chief Alistair Routledge said on Tuesday.In August, Exxon and its partners proposed a plan to spend $12…

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