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Offshore & subsea


SBM Offshore signs FPSO LOI with Petrobras

SBM Offshore has signed a letter of intent (LOI) together with Petróleo Brasileiro S.A. (Petrobras) for a 26.25-year lease and operate contract for the FPSO Almirante Tamandaré in Rio de Janeiro, Brazil.


ExxonMobil sells North Sea UK assets to NEO Energy

The sale to HitecVision, through its wholly owned portfolio company NEO Energy, covers most of ExxonMobil’s non-operated upstream assets in the United Kingdom central and northern North Sea.


TechnipFMC awarded Egypt subsea contract

TechnipFMC has been awarded a contract for a subsea tieback located offshore Egypt on the North El Amriya and North Idku concession.