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SBM Offshore N V : FPSO Liza Unity Purchase by ExxonMobil Completed

SBM Offshore N V : FPSO Liza Unity Purchase by ExxonMobil Completed
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FPSO Liza Unity Purchase by ExxonMobil Completed - SBM Offshore (OTC:SBFFF), SBM Offshore (OTC:SBFFY)

November 9, 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 the end of the

FPSO Liza Unity Purchase by ExxonMobil Completed

November 9, 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 the end of the maximum lease term, in February 2024. The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate and maintain the FPSO up to 2033. The transaction comprises a total cash consideration of c. US$1.26 billion. The net cash proceeds wil

SBM Offshore awarded FEED contracts for Whiptail project in Guyana

October 13, 2023 SBM Offshore is pleased to announce it has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Whiptail development project in Guyana. Following FEED and subject to government approvals in Guyana of the development plan, project sanction including final investment decision by ExxonMobil Guyana Limited, an affiliate of ExxonMobil Corporation, to release the second phase of work, SBM Offs

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