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SBM Offshore Secures $620M Loan for Brazil-bound FPSO

Dec 20, 2021

Dutch floating oil and gas production firm SBM Offshore has secured a $620 million bridge loan facility for the financing of the construction of FPSO Alexandre de Gusmão, to be deployed in Brazil for Petrobras.The FPSO Alexandre de Gusmão will…

SBM Offshore to Build Fourth FPSO for Exxon in Guyana

Nov 17, 2021

Dutch FPSO specialist SBM Offshore has won contracts to perform Front End Engineering and Design (FEED) for an FPSO for Exxon's Yellowtail development offshore Guyana. This will be SBM Offshore's largest-ever FPSO.The FEED contract for what will be Guyana's fourth FPSO…

VIDEO: Guyana-bound Prosperity FPSO Enters Drydock in Singapore

Oct 14, 2021

The hull of the Prosperity FPSO has recently arrived from China where it was built to Singapore where Keppel will mate it with topside modules, after which the vessel will set sail for Guyana, to become the South American country's third FPSO in production…

VIDEO: SBM Offshore's LNG2Wire Floater Concept

Oct 12, 2021

SBM Offshore, one of the world's largest suppliers of floating, production, storage, and offloading (FPSO) vessels for the offshore oil industry, is looking at ways to diversify its offering, with a more dominant role predicted for gas in the future…

SBM Offshore Gets $635M Loan for FPSO Almirante Tamandaré Construction

Sep 24, 2021

Dutch FPSO provider SBM Offshore has secured a US$635 million bridge loan facility for the financing of the construction of FPSO Almirante Tamandaré, one of the world's largest FPSOs.SBM Offshore said Friday that it had secured the loan by the…

VIDEO: Prosperity FPSO Hull Arrives in Singapore

Aug 12, 2021

The hull of the FPSO Prosperity, which will be Guyana's third offshore oil production unit once delivered, has arrived at the Keppel yard in Singapore, where it will be fitted with topside modules.SBM Offshore, which will deliver the FPSO  to end client ExxonMobil…

SBM Inks LOI to Lease FPSO for Petrobras' Mero Field

Aug 03, 2021

Dutch FPSO leasing specialist SBM Offshore said it has signed a letter of intent with Petrobras to lease and operate a newbuild floating production, storage and offloading unit (FPSO) at the Mero field in the Santos Basin offshore Brazil. SBM did not disclose financial details of the 22…

SBM Offshore to Deliver FPSO for Petrobras' Buzios Field

Jul 27, 2021

Dutch FPSO leasing specialist SBM Offshore has secured a firm deal with Petrobras to lease and operate a newbuild FPSO at its giant Buzios offshore oil field in Brazil.The firm contract, for the 26.25 years lease and operation of the FPSO to be named Almirante Tamandaré…

SBM Offshore's AI Mooring Monitoring Tool Gets ABS' Stamp of Approval

Jul 15, 2021

SBM Offshore, a Dutch company best known for its FPSO leasing business, has developed an artificial intelligence-powered mooring lines monitoring solution which has now received new technology qualification from classification society ABS.The…

Remazel to Deliver Equipment for SBM Offshore's Prosperity FPSO

May 12, 2021

SBM Offshore, one of the world's largest suppliers of FPSOs, has hired the Italian engineering firm Remazel Engineering for the supply of a mooring tensioning system and riser pull-in package for an FPSO being built for deployment at ExxonMobil's Stabroek block in Guyana…

VIDEO: Topsides Modules Lifted on Guyana-bound Liza Unity FPSO

Mar 16, 2021

SBM Offshore, the Dutch-based FPSO company, said Tuesday that the topsides lifting campaign for the Liza Unity FPSO was recently completed. The FPSO is being built for deployment at ExxonMobil's Stabroek offshore block in Guyana.'Thanks to the efforts of the integrated team…

Petrobras, SBM Offshore Sign LoI for Giant Búzios Field FPSO

Feb 25, 2021

Brazilian oil giant Petrobras has signed a letter of intent with Dutch FPSO supplier SBM Offshore for the delivery of an FPSO to be deployed in the Búzios field in the Santos Basin, offshore Brazil.SBM Offshore will be responsible for the engineering…

SBM Offshore, Shell Extend Brazil FPSO Term. SBM in Talks with Exxon Over Guyana Extensions

Dec 23, 2020

Oil giant Shell has extended the contract for the lease of SBM Offshore's Espirito Santo FPSO in Brazil. SBM Offshore is also in talks with ExxonMobil to extend the FPSO terms in Guyana.The Dutch FPSO operator said Wednesday that the lease and…

Topside Integration Works Kick Off on Liza Unity FPSO in Singapore

Nov 16, 2020

SBM Offshore, a Dutch FPSO specialist, has informed that the topside integration phase has kicked off in Singapore on the Liza Unity FPSO. Once completed the FPSO will be deployed at ExxonMobil's Stabroek offshore block in Guyana, and will be Guyana's second FPSO in production…

SBM Offshore Confirms Payara FPSO Award

Oct 01, 2020

With ExxonMobil sanctioning its third offshore development in Guyana following the government approval, SBM Offshore has confirmed it has won a contract to deliver an FPSO for the project.Under the contract, SBM Offshore will construct, install…

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