
SBM Offshore to Sell 45% Trion FSO Stake to NYK
SBM Offshore has agreed to sell a 45% stake in the companies leasing and operating FSO Chalchi to NYK while retaining majority ownership.

SBM Offshore has agreed to sell a 45% stake in the companies leasing and operating FSO Chalchi to NYK while retaining majority ownership.

Solstad Offshore and SBM Offshore will order a new multi-purpose deepwater installation and construction vessel through a joint venture, with delivery targeted for the first half of 2029.

SBM Offshore has secured Petrobras contracts to design, build and operate SEAP-I and SEAP-II FPSOs for the Sergipe-Alagoas basin offshore Brazil.

ABS has issued a statement of maturity for SBM Offshore’s Shell-backed seawater intake riser technology for FPSO cooling.

SBM Offshore has ordered two additional Fast4Ward® MPF hulls to support future FPSO tenders, including projects offshore Brazil and Guyana.

Petrobras has approved SEAP I in Brazil’s Sergipe-Alagoas Basin, advancing a more than $12.0 billion offshore oil and gas development supported by two SBM Offshore FPSOs.

Petrobras and SBM Offshore have signed a $7.8 billion contract for P80 and P87 FPSOs in Brazil’s Sergipe-Alagoas deepwater project, with each unit designed for 120,000 barrels per day of oil production.

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.
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