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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...

Liza Destiny was completed in record 20+ months – SBM Offshore

The Liza Destiny FPSO which is currently sailing to Guyana, recently departed from Keppel shipyard in Singapore. This key milestone follows a record turnaround...

Over 1,000 Guyanese worked on projects leading up to 1st floating...

Over 1,000 Guyanese have been working on projects that culminated with the commissioning of the 1st floating oil production complex on Saturday in Singapore....

SBM Offshore takes ‘Life Day’ to Guyana

With an eye on the safety and wellbeing of its employees, SBM Offshore observed its sixth annual Life Day event on Wednesday, June 12,...

Petrobras, SBM sign LOI for Mero 2 FPSO

(Oil & Gas Journal) Petroleo Brasileiro SA (Petrobras) signed a letter of intent with SBM Offshore for a 22.5-year lease and operation of the Mero 2 floating...

Liza Unity hull launched at China shipyard

Chinese shipyard Shanghai Waigaoqiao Shipbuilding has launched the world’s first floating production, storage and offloading vessel built under SBM Offshore’s Fast4Ward design for phase...

Liza Unity moving SBM’s Fast4Ward programme ‘from plan to reality’

The award of a second FPSO contract for the Liza project in Guyana is advancing Dutch floater specialist, SBM Offshore’s Fast4WardTM programme, moving it from...

Dyna-Mac awarded contract for Liza Unity topsides

Singapore-based Dyna-Mac will be working on the topside modules for the 220,000 bpd Liza Unity floating production storage and offloading vessel for ExxonMobil’s second...

SBM confirms award of Liza 2 floater contract

SBM Offshore announced on May 10 that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award...

Upstream: SBM set to firm up third Fast4Ward order

SBM Offshore is set to sign a commercial contract with Chinese yard China Merchant Heavy Industry (CMHI) this weekend to build the hull of...