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SBM Offshore

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Editor's note: Updated May 3, 2022.

New Financings

Report Date Type Amount (MM) Description
2021-02-09 SBM Offshore Debt $850.00

Priced non-recourse senior secured notes transaction offering by subsidiary company Guara Norte S.à r.l…

Report Date Type Amount (MM) Description
2019-10-16 SBM Offshore Debt $1,140.00

SBM Offshore has completed the project financing of FPSO Liza Unity for a total of $1.14 billion, the…

Report Date Type Amount (MM) Description
2019-02-14 SBM Offshore Buyback $200.00

SBM Offshore announced a EUR175 million (US$200 million) share repurchase program, effective from…

2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

This content is locked until you subscribe

2100-05-23 Transaction $888.88

This content is locked until you subscribe

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News

Q&A: Exxon Mobil Pioneers the Permian and Guyana

Liam Mallon, Exxon Mobil’s upstream president, discusses how XOM liquids production has hit a 40-year high on the 25th anniversary of the Exxon-Mobil merger, and plans for the future.

TotalEnergies Awards SBM Offshore FPSO GranMorgu Development Contract

SBM will construct and install a floating production, storage and offloading vessel for TotalEnergies alongside its partner Technip Energies, the company said.

E&P Highlights: Nov. 11, 2024

Here’s a roundup of the latest E&P headlines, including Equinor’s acquisition of a stake in a major project and a collaboration between oilfield service companies.

E&P Highlights: June 10, 2024

Here’s a roundup of the latest E&P headlines, including a decline in global drilling activity and new contract awards.

TotalEnergies Reserves Hull for Development Offshore Suriname

TotalEnergies operates Block 58, with partner APA Corp., and expects to make a final investment decision in fourth quarter 2024, while initial production is slated for 2028.

Deepwater Roundup 2024: Americas

The final part of Hart Energy E&P’s Deepwater Roundup focuses on projects coming online in the Americas from 2023 until the end of the decade.

Exxon Ups Mammoth Offshore Guyana Production by Another 100,000 bbl/d

Exxon Mobil, which took a final investment decision on its Whiptail development on April 12, now estimates its six offshore Guyana projects will average gross production of 1.3 MMbbl/d by 2027.

Exxon Mobil Green-lights $12.7B Whiptail Project Offshore Guyana

Exxon Mobil’s sixth development in the Stabroek Block will add 250,000 bbl/d capacity when it starts production in 2027.

SBM Offshore, Technip Enter Floating Offshore Wind JV

EkWiL, the 50/50 joint venture entity between the companies, will deploy Technip’s Semi-submersible INO15 by T.E.N. and SBM’s Tension Leg Platform Float4Wind.

SBM Offshore Announces CEO Departure, Succession

SBM Offshore’s Bruno Chabas is stepping down as CEO; the board has appointed Øivind Tangen as his successor, effective in April.

Exxon Mobil Completes $1.26B Purchase of FPSO Liza Unity

The purchase allows Exxon Mobil Guyana Ltd. to assume ownership of the unit while SBM Offshore will continue to operate and maintain the FPSO until 2033.

E&P Highlights: Oct. 16, 2023

Here’s a roundup of the latest E&P headlines including SBM Offshore winning the FEED contract for Exxon Mobil’s Whiptail FPSO and a collaboration agreement by AWS, Shell and SLB.

E&P Highlights: June 26, 2023

Here’s a roundup of the latest E&P headlines including the go-ahead for Neptun Deep and new contract awards in the upstream oil and gas industry.

E&P Highlights: May 8, 2023

Here’s a roundup of the latest E&P headlines, including a major discovery in Turkey and a flurry of new contract awards.

Deepwater Roundup: Americas

Here is a roundup of some of the major deepwater projects across the globe. The third in a four-part series, Hart Energy details projects scheduled to come online in the Americas from 2022 through mid-decade.