SBM Offshore has closed $600-million bridge loan facility to finance construction of the FPSO Sepetiba.
Offshore staff
MONACO – SBM 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.