SBM Offshore sees at least 16 FPSO prospects over the next three years. The contractor expanded its fleet to 16 units in 2025 and is advancing FPSO projects in Guyana, Suriname, and the Gulf of Mexico.
SBM Offshore completed the $2.32 billion sale of the One Guyana FPSO to ExxonMobil Guyana ahead of the August 2027 lease limit, while retaining operations and maintenance through 2035.
SBM Offshore has extended lease and operations terms for FPSOs Mondo and Saxi Batuque on Angola’s Block 15 to 2032, with life-extension work on the units planned to start in 2026.
ExxonMobil Guyana is exploring the early purchase of the ONE GUYANA FPSO, expanding its fleet in Guyana. SBM Offshore confirms the possibility of exercising its purchase option ahead of lease expiration.
SBM Offshore has signed a Memorandum of Agreement with COSCO Shipping Heavy Industry for a new Fast4Ward FPSO hull, expanding its Chinese shipyard partnerships and reinforcing its project pipeline.
