SBM Offshore has ordered two additional Fast4Ward® MPF hulls as it prepares for a stronger FPSO market and several active tender opportunities.
The latest order increases the company’s FPSO hulls under construction to four. SBM Offshore has not disclosed which shipyard will build the two new hulls. The company has options to place additional hull orders with CSSC Waigaoqiao Shipbuilding, China Merchants Heavy Industry, and COSCO Shipping Heavy Industry.
The new hulls are expected to support current and future FPSO tenders. These include potential tenders in Brazil’s Sergipe-Alagoas basin, where SBM Offshore is bidding for two gas-focused FPSO projects.
One hull already under construction has been assigned to the Longtail development offshore Guyana. In March 2026, project operator ExxonMobil awarded SBM Offshore a front-end engineering design contract for the FPSO.
If the Longtail project is approved, the FPSO will use the Fast4Ward® MPF hull. The unit is planned with natural gas processing capacity of about 1.2 billion cubic feet per day, condensate capacity of 250,000 barrels per day, mooring depth of about 1,750 m, and storage capacity of about 2 million barrels of oil.
Fast4Ward® MPF hulls use standardised topside modules and can reduce overall delivery time by up to 12 months. SBM Offshore has eight Fast4Ward® MPF hulls in operation or delivered, with four more under construction, bringing the total to 12.
