Skip to main content

SBM Offshore and ExxonMobil sign FPSO supply agreement

Published by
Oilfield Technology,


SBM Offshore and ExxonMobil have signed a long-term agreement covering potential future floating production storage and offloading (FPSO) orders. This agreement is non-exclusive and establishes the general legal framework and specific terms in relation to the engineering, procurement, construction and installation work regarding potential future contracts relating to leased FPSOs, which includes Build-Operate-Transfer projects that generally cover a short lease term.

The relationship between SBM Offshore and ExxonMobil is well-established and goes back over four decades, starting in the 1970s. During this period, SBM Offshore has supplied more than ten floating systems to ExxonMobil in five countries, including five FPSOs, deep water offloading systems and an FSO. Additionally, multiple major projects are currently in various stages of progress.

Bruno Chabas, CEO of SBM Offshore commented: “We are very pleased with the long-term FPSO supply agreement with ExxonMobil. This agreement is a continuation of our long history of successful team work between our companies, further strengthening our long term cooperation.”

Séverine Baudic, Managing Director Floating Production Solutions of SBM Offshore commented: “This agreement aims at extending our constructive business relationship with ExxonMobil that has been created through delivering a series of major offshore projects together. We look forward to continue working together in the future and expanding our track-record of reliable execution on deep water projects.”

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/06092019/sbm-offshore-and-exxonmobil-sign-fpso-supply-agreement/

You might also like

Winters Instruments

[Webinar] A New Solution to Monitoring Pressure in Applications with Vibration and Pulsation

During this webinar, Winters Instruments will discuss the issues associated with liquid-filled gauges and how a new solution overcomes them. Register for free today »

 
 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Upstream news Offshore news Upstream project news Oil & gas news