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SBM Offshore secures contracts for 3rd Guyana FPSO

SBM Offshore said on Thursday ExxonMobil Guyana has awarded the Company contracts to perform Front End Engineering and Design (FEED) for the Floating Production,...

SBM is successful bidder for five Brazilian FPSOs

SBM Offshore said on Friday it is the successful bidder for the interests held by Brazil’s Servicos de Petroleo Constellation in five floating production,...

SBM secures US$1.14B financing for Liza Unity FPSO from consortium of...

SBM Offshore said on Wednesday it completed the project financing of the Liza Unity FPSO for a total of US$1.14 billion. The project financing was...

SBM close to deal with Chinese yard for FPSO hull

Dutch floater specialist SBM Offshore could be close to an agreement with Chinese yard China Merchant Heavy Industry (CMHI) for construction of another new...

TMC to supply marine compressed air system for Liza Unity FPSO

Shanghai Waigaoqiao Shipbuilding has awarded TMC Compressors of the Seas (TMC) a contract to supply the marine compressed air system to the Liza Unity FPSO. Under the...

SBM to bid for interest in five Brazilian FPSOs

Dutch floater specialist SBM Offshore said on Monday it intends to bid for the interests held by Brazil's Servicos de Petroleo Constellation in five...

SBM Offshore begins construction of Guyana’s 2nd floating oil production complex

Dutch firm SBM Offshore has commenced the construction phase of the Liza Unity floating production, storage and offloading vessel (FPSO) following ExxonMobil’s final investment...

SBM Offshore signs long-term deal with ExxonMobil for FPSO orders

Dutch floater specialist SBM Offshore and ExxonMobil have signed a Long-Term Agreement covering potential future FPSO orders. SBM last week delivered the first FPSO –...

Liza Unity one of 3 multipurpose hulls under construction on SBM’s...

The 220,000 barrels per day Liza Unity Floating Production Storage and Offloading vessel is one of three oil production platforms currently being built under...

SBM Offshore Q2 earnings increase 19% as Liza FPSO projects progress

Dutch floater specialist SBM Offshore’s directional revenue as of June 30, 2019 totaled US$965 million, representing an increase of US$157 million or 19% compared...