SBM Offshore has completed its acquisition of the shares in the lease and operating entities in Angola related to three FPSOs from its partner Sonangol EP.
SBM Offshore and Mitsubishi Heavy Industries have agreed to form a partnership offering a CO2 capture service for FPSOs while they are producing oil and gas.
SBM Offshore has signed a 10-year framework agreement with Exxon Mobil covering operations and maintenance (O&M) of four FPSOs on the Stabroek Block offshore Guyana.
SBM Offshore has secured project financing of $1.63 billion for an FPSO, which will be deployed at the Búzios Field in the Santos Basin offshore Brazil for Petrobras.