SBM Offshore successful bidder for partner’s minority ownership in FPSO companies
Published by Nicholas Woodroof,
The transaction includes the minority stake held by affiliated companies of Constellation in the entities related to the following five FPSOs (with Constellation’s ownership percentage in brackets): Cidade de Paraty (20%), Cidade de Ilhabela (12.75%), Cidade de Marica (5%), Cidade de Saquarema (5%) and Capixaba (20%).
SBM Offshore is already the majority shareholder of the related entities and operator of these FPSOs.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/21102019/sbm-offshore-successful-bidder-for-partners-minority-ownership-in-fpso-companies/
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