SBM Offshore is pleased to announce that FPSO Prosperity has produced first oil as of November 14, 2023 and is formally on hire. The FPSO is part of the Payara development which is the third ...

SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the purchase of FPSO Prosperity, ahead of the maximum lease term, which would ...

ExxonMobil Guyana assumes ownership of the unit, while SBM Offshore will continue to operate and maintain the FPSO up to 2033. SBM Offshore has completed the sale of the floating production, storage, ...

Exxon is exercising its option to buy Liza Destiny, after already acquiring Unity and Prosperity - three of the five production vessels it has contracted from SBM Offshore for Guyana. Image by ...

The purchase allows ExxonMobil Guyana to assume ownership of the unit—which is currently operating at Payara, offshore Guyana—while SBM Offshore will continue to operate and maintain the FPSO up to ...

Dutch floating production specialist SBM Offshore has finalised a transaction with ExxonMobil for the early purchase of the floating production, storage and offloading (FPSO) vessel Prosperity, ...

Singapore's Keppel Offshore & Marine said Wednesday it was on track to deliver a "mega" floating production, storage, and offloading vessel (FPSO) to SBM Offshore in the first quarter of 2023. This is ...

A diplomatic spat is brewing after Venezuelan naval vessels entered ExxonMobil’s Stabroek block offshore Guyana, reportedly threatening its floating production, storage and offloading vessels ...

ExxonMobil contractor SBM Offshore has signed EnerMech to carry out pre-commissioning work on the One Guyana FPSO for Guyana Deepwater Operations, SBM Offshore’s subsidiary in Guyana. The FPSO is set ...