RIO DE JANEIRO, BRAZIL (By PETROBRAS, 29.May.2026, Words: 389) — PETROBRAS, following up on the announcement of 13 Apr. 2026, signed contracts with SBM Offshore for construction of 2 FPSO‑type oil […]
Tag: SBM Offshore
EnerMech inks pre-commissioning deal for ONE GUYANA FPSO by SBM Offshore
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 3.Mar.2025) — EnerMech, which specializes in integrated solutions for complex projects around the world, has been selected to carry out pre-commissioning work […]
Petrobras Selects SBM Offshore for FPSO Carbon Capture Solution
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 17.Feb.2025) — SBM Offshore will carry out a study with state-owned Petrobras for the application of carbon capture modules on floating production […]
FPSO Almirante Tamandaré Comes Online in the Pre-Salt Santos Basin
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 15.Feb.2025) — The floating production storage and offloading (FPSO) unit Almirante TamandarĂ© (BĂşzios 7) — with production potential up to 225,000 barrels […]
SBM says FPSO Alexandre de GusmĂŁo leaves China for Brazil
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 23.Dec.2024, Words: 428) — The floating production storage and offloading (FPSO) Alexandre de GusmĂŁo has left the COSCO Shipping (Qidong) Offshore shipyard […]
SBM Offshore to Divest Share in Floventis to Cierco
(Energy Analytics Institute, 20.Dec.2024) — SBM Offshore reached an agreement with Cierco Energy to divest all of its shares in Floventis Energy Ltd.  SBM Offshore has acquired valuable knowledge through […]
ExxonMobil completes purchase of FPSO Liza Destiny offshore Guyana
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 19.Dec.2024, Words: 300) — SBM Offshore and Exxon Mobil Corporation affiliate ExxonMobil Guyana Ltd. completed a transaction related to the purchase of […]
SBM Offshore completes $1.5bn FPSO Jaguar financing
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 21.Nov.2024) — SBM Offshore completed the project financing of the floating production storage and offloading (FPSO) vessel Jaguar for a price of $1.5bn. […]
SBM Reserves Fast4Ward® Hull for Block 58 Development
(SBM, 6.Jun.2024) — SBM Offshore announced that, in partnership with Technip Energies, and in line with the Front End Engineering and Design (FEED) studies for a Floating Production, Storage and […]
SBM Awarded Contracts for ExxonMobil Guyana’s FPSO Jaguar
(SBM, 12.Apr.2024) — SBM Offshore announced that ExxonMobil Guyana Limited (EMGL) has confirmed the award of contracts for the Whiptail development project located in the Stabroek Block in Guyana. Under […]
SBM and Technip Energies to Form EkWiL, a Floating Offshore Wind JV
(SBM Offshore, 14.Mar.2024) — SBM Offshore and Technip Energies signed a Memorandum of Understanding for the creation of a joint venture entity, EkWiL. The new company will be a Floating Offshore […]
SBM Completes Share Repurchase
(SBM Offshore, 21.Nov.2023) — SBM Offshore has completed the repurchase of 350,000 shares. Between 9-21 Nov. 2023 a total of 350,000 common shares were repurchased, at an average price of […]
FPSO Liza Unity Purchase by ExxonMobil Completed
(SBM, 9.Nov.2023) — SBM Offshore and ExxonMobil Guyana Limited, an affiliate of ExxonMobil Corporation, have completed the transaction related to the purchase of FPSO Liza Unity, a few months ahead of […]
EAI’s NRGBriefs: Mar. 2023
(Energy Analytics Institute, 31.Mar.2023) — Energy briefs as well as others related to finance and politics during March 2023 including Staatsolie Hydrocarbon Institute (SHI), a wholly owned subsidiary of Staatsolie […]
ONE GUYANA FPSO Reaches Drydock [Video]
(Energy Analytics Institute, 24.Mar.2023) — The ONE GUYANA FPSO has arrived in drydock at Keppel shipyard. This marks a key milestone in the project, this phase will include work on […]
Guyana: FPSO Prosperity Naming Ceremony
(Energy Analytics Institute, 2.Feb.2023) — SBM Offshore held a naming ceremony for the floating production storage and offloading (FPSO) unit Prosperity. “SBM Offshore is extremely honored to continue our part […]
SBM Offshore Reveals Prosperity FPSO Module TS032 Lifting
(Energy Analytics Institute, 20.Apr.2022) — SBM Offshore revealed the first series of the topsides module lifting for the 220,000 barrel per day (b/d) capacity Prosperity floating production storage and offloading […]
SBM Offshore Awarded Contracts for ExxonMobil FPSO ONE GUYANA
(SBM, 5.Apr.2022) — SBM Offshore announced that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the Yellowtail development […]
FPSO Liza Unity Producing and on Hire
(SBM Offshore, 14.Feb.2022) — SBM Offshore announced that FPSO Liza Unity has produced first oil as of February 11, 2022 and is formally on hire. The FPSO Liza Unity is the first unit with […]
SBM Offshore Provides Project Update [PDF Download]
(SBM Offshore, 10.Feb.2022) — SBM Offshore provided a status update on individual projects from Guyana to Brazil. Guyana FPSO Liza Destiny The third stage flash gas compressor on the unit […]
NRGBriefs: St. Kitts and Nevis’ Energy Report Card [PDF Downloads]
(Energy Analytics Institute, 10.Feb.2022) — Energy briefs including St. Kitts and Nevis’ Energy Report Card (ERC) providing an overview of the energy sector performance; and SBM Offshore reporting a dividend […]
SBM Awarded Contracts For 4th FPSO In Guyana
(SBM, 17.Nov.2021) — SBM Offshore has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Yellowtail development […]
Keppel Delivers Guyana’s Second FPSO Liza Unity
(Keppel, 9.Sep.2021) — Keppel Offshore & Marine’s (Keppel O&M) wholly-owned subsidiary Keppel Shipyard Ltd delivered the Liza Unity, a mega Floating Production Storage and Offloading vessel (FPSO), to SBM Offshore […]
Guyana Eyes Moves To Offset Oil Cuts
(Argus, 16.Apr.2021) — Guyana is considering unspecified economic measures to cushion the impact of repeated production cuts from US major ExxonMobil’s deepwater Stabroek block, the natural resources ministry said. Since […]
SBM Offshore Awarded LOI For Almirante Tamandaré
(SBM Offshore, 25.Feb.2021) — SBM Offshore signed a Letter of Intent (LOI) together with PetrĂłleo Brasileiro S.A. (Petrobras) for a 26.25 years lease and operate contract for the FPSO Almirante […]
Petrobras Inks LOI 6th FPSO For BĂşzios Field
(Petrobras, 24.Feb.2021) — Petrobras today signed a letter of intent with SBM Offshore for the chartering and provision of services for the FPSO – floating production storage and offloading unit […]
Petrobras Charters 6th Module Of BĂşzios
(Petrobras, 24.Feb.2021) — Petrobras today signed a letter of intent with SBM Offshore for the chartering and provision of services for the FPSO – floating production storage and offloading unit […]
SBM Offshore Extends Lease For FPSO Espirito Santo
(SBM Offshore N.V., 23.Dec.2020) — SBM Offshore reports a contractual lease extension for FPSO Espirito Santo in Brazil and expects a potential increase in the lease duration for FPSOs in […]
Petrobras Eyes Restart Oil Ships Hit By Coronavirus
(Reuters, 17.Apr.2020) — Brazilian state-run oil firm Petrobras plans to restart operations in the coming days at two ships used in offshore oil production that suffered coronavirus outbreaks, an executive […]
SBM Closes Brazil Legacy Case
(SBM, 9.Oct.2019) — SBM Offshore received notification that the Federal Court has formally closed the Improbity Lawsuit filed by the Brazilian Federal Prosecutors Office (MinistĂ©rio PĂşblico Federal, MPF) in 2017. […]
Guyana Must Learn To Use Its Riches
(Upstream, Gareth Chetwynd, 26.Sep.2019) — As development on Guyana’s Stabroek block continues apace, it is worth considering that the Liza development took form in an era when low oil prices […]
SBM Offshore Awarded Contracts For ExxonMobil FPSO Liza Unity
(SBM, 10.May.2019) — SBM Offshore announced that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the next phase […]
FPSO Cidade de Marica Arrives in Brazil
(SBM Offshore B.V., 10.Jul.2015) – SBM Offshore announced the arrival of FPSO Cidade de Marica at BRASA, Brazil. The SBM Offshore vessel berthed safely at the Niteroi-Rio based yard 9.Jul.2015. […]