SBM Offshore has completed financing of $1.14billion (£886m) to pay for the vessel which will serve ExxonMobil’s giant Liza field off Guyana.
ExxonMobil has awarded SBM Offshore contracts to carry out front end engineering work on a second floating production vessel for the Liza development off Guyana.
The Serious Fraud Office (SFO) has brought fresh bribery charges against Unaoil in relation to a £555million contract.
Dutch ship builder SBM Offshore has cut first steel on the vessel which will serve ExxonMobil’s Liza field offshore Guyana.
Dutch oil and gas vessel builder SBM Offshore has completed the sale of the Turritella FPSO to Shell.
SBM Offshore today confirmed the successful financing of its FPSO Liza, totaling $720million.
Dutch oil service firm SBM Offshore said today it had reached a settlement with insurers for the Yme platform, which had to be scrapped amid structural concerns.
Dutch oil service firm SBM Offshore said today that its first-half revenues were in line with guidance and that it had managed to integrate three new FPSOs into its fleet.
Dutch firm SBM Offshore and Spanish energy giant Repsol will share the proceeds of a $247 million pay-out from insurers.
ExxonMobil has confirmed the award of contracts for the next phase of the Liza project in Guyana – including one for SBM Offshore.
SBM Offshore has won a contract with EDF for work on a pilot floating windfarm for its Provence Grand Large project.
SBM Offshore has snapped up oil major Shell's current chief financial officer for a new role with the company.
SBM Offshore has marked a milestone after achieving first oil from its floating, production, storage and offloading (FPSO) vessel offshore Brazil.
Arnlea Systems won its first fleet deal with SBM Offshore.
SBM Offshore’s chief executive has avoided an admission of guilt after settling with Brazilian prosecutors over “personal favouritism” charges.
SBM Offshore has said there is no impediments to its current chief executive continuing in his role after a number of charges were made against the company by Brazilian prosecutors. Last week it was announced 12 people had been charged in connection with an alleged bribery scheme involving SBM Offshore and Petrobras.
SBM Offshore has been invited by Petrobras to tender for the provision of two FPSOs.
SBM Offshore has reintroduced its chief operating officer position with the appointment of a former Technip president. Philippe Barril has also been appointed as a member of the company’s management board. Mr Barril served in a number of different roles with Technip including as executive vice president and as chief operating officer of both onshore and offshore.