Finance in place for offshore Brazil FPSO

July 1, 2020
SBM Offshore has closed $600-million bridge loan facility to finance construction of the FPSO Sepetiba.

Offshore staff

MONACOSBM Offshore has closed $600-million bridge loan facility to finance construction of the FPSO Sepetiba.

A special-purpose company co-owned by SBM, Mitsubishi and Nippon Yusen Kabushiki Kaisha negotiated the facility with a consortium of four international banks.

The FPSO will be deployed on the Mero field in the deepwater Libra block, operated by Petrobras, in the presalt Santos basin.

07/01/2020

Courtesy Altera Infrastructure Holdings
Altera Infrastructure Holdings has agreed to sell its membership interests in Altera Shuttle Tankers
ID 129442595 © Oleksandr Bochalovsky | Dreamstime.com
offshore support vessel
Photo 42701688 © Vinnstock | Dreamstime.com
Data Briefs