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…
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…
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…
Brazilian oil company Petrobras has started negotiations with the Dutch FPSO supplier SBM Offshore over a potential charter of an FPSO to be installed at the giant Buzios field in the Santos Basin, offshore Brazil.The FPSO, to be named Almirante Tamandaré…
China's Shanghai Waigaoqiao Shipbuilding (SWS) shipyard has delivered another Guyana-bound FPSO hull for the Dutch FPSO specialist SBM Offshore.Following the delivery of the Liza Unity hull in late 2019, SWS on Monday delivered the Liza Prosperity hull…
Dutch FPSO leasing company SBM Offshore has agreed to take full control of the diving support and construction vessel (DSCV) SBM Installer so it can easier sell it.The vessel is owned by OS Installer, a JV company in which SBM Offshore has a 25% stake…
Dutch floating production solutions provider SBM Offshore has ordered equipment from Malaysia's KNM to be installed on an FPSO destined for ExxonMobil's Guyana operations.Bursa Malaysia-listed KNM said SBM Offshore had on Thursday ordered PME pressure vessel separators worth around $4 million…
Dutch FPSO leasing company SBM Offshore has raised its EBIDTA guidance and maintained the revenue guidance for 2020, after 'successfully navigating' a challenging period caused by the pandemic. Still, it is preparing for shorter oil price cycles…
Dutch FPSO supplier SBM Offshore has closed a US$600 million bridge loan facility for the financing of the construction of FPSO Sepetiba (formerly known as Mero 2) destined for deployment in Brazil with Petrobras.SBM Offshore said the loan was…
Australia's Transborders Energy, a company working to develop an FLNG solution for marginal field development, has signed a partnership agreement with the floating production solutions giant SBM Offshore.Perth-based Transborders said Sunday…
Update: The article has been updated by a statement from an SBM Offshore spokespersonSBM Offshore, a floating, production, storage, and offloading (FPSO) leasing specialist, has said that a number of COVID-19 cases has been confirmed on one of its FPSOs…
Large Diameter Drilling (LDD) and Barge Master have completed what the companies claim to be 'a world first' - drilling from a diving support and construction vessel (DSCV) in water deeper than 270 meters.The two companies deployed LDD’s reverse…
The market for floating production, storage and offloading units (FPSO) is heating up. Séverine Baudic, SBM Offshore’s Managing Director for Floating Production Solutions, weighs in on the strategic initiatives and technological innovations…
The Netherlands-based SBM Offshore said the Liza Unity floating production, storage and offloading unit (FPSO) hull has arrived in Singapore for topsides integration work ahead of planned startup for client ExxonMobil offshore Guyana in 2022…
SBM Offshore's longtime chairman of the supervisory board Floris Deckers will retire following the company's April 2020 annual general meeting (AGM), the Dutch floating production, storage and offloading unit (FPSO) specialist announced.Roeland Baan…
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