SBM Offshore has secured $465 million in project financing for FSO Chalchi, the floating storage and offloading (FSO) vessel being built for Woodside Energy’s Trion deepwater development offshore Mexico. The financing, provided by a consortium of international banks and institutional investors, includes partial insurance support from China Export & Credit Insurance Corporation. SBM Offshore said the funding will be […]
Offshore contractor SBM Offshore has secured a contract extension for the lease and operation of the FPSOs Mondo and Saxi Batuque on Block 15 offshore Angola, extending its involvement in the assets through 2032. The agreement was signed with Esso Exploration Angola (Block 15) Ltd., an affiliate of ExxonMobil and operator of the block. The extension includes life-extension activities such […]
“This contract reinforces SBM Offshore’s long-term strategic partnership with TotalEnergies and marks a significant milestone as SBM Offshore becomes the first FPSO operator in Suriname,” SBM stated in a news release on Thursday. “It is a testimony to SBM Offshore’s focus on excellence throughout the entire project’s lifecycle, from the allocation of our eighth Fast4Ward® MPF hull to our extensive experience in asset management supporting TotalEnergies’ operations.”