August 3, 2021
The Libra block, where the Mero field is located, is under a Production Sharing Agreement to a Consortium comprised of Petrobras with 40 percent,
The FPSO will be designed to produce 180,000 barrels of oil per day and treat 12 million standard cubic meters of gas per day. Furthermore, the unit will have a water injection capacity of 250,000 barrels per day and a minimum storage capacity of 1.4 million barrels of crude oil. The unit will be spread moored in approximately 1,900 meters water depth.
“The signing of this Letter of Intent is the second major project award this year by our key client Petrobras. Our industry leading Fast4Ward® program continues to address clients’ needs to develop large-scale and complex FPSOs providing cost efficient and low GHG intensity solutions.”
Corporate Profile
The Company’s main activities are the design, supply, installation, operation and the life extension of floating production solutions for the offshore energy industry over the full lifecycle. The Company is market leading in leased floating production systems, with multiple units currently in operation.
As of
Where references are made to
For further information, please visit our website at www.sbmoffshore.com.
The Management Board
Financial Calendar | Date | Year |
Half Year 2021 Earnings – Press Release | 2021 | |
Trading Update 3Q 2021 – Press Release | 2021 | |
Full Year 2021 Earnings – Press Release | 2022 | |
Annual General Meeting | 2022 | |
Trading Update 1Q 2022 – Press Release | 2022 |
For further information, please contact:
Investor Relations
Group Treasurer and IR
Mobile: | +31 (0) 6 21 14 10 17 |
E-mail: | bertjaap.dijkstra@sbmoffshore.com |
Website: | www.sbmoffshore.com |
Media Relations
Group Communications Director
Mobile: | +377 (0) 6 40 62 87 35 |
E-mail: | vincent.kempkes@sbmoffshore.com |
Website: | www.sbmoffshore.com |
Disclaimer
This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. Such forward-looking statements are subject to various risks and uncertainties, which may cause actual results and performance of the Company’s business to differ materially and adversely from the forward-looking statements. Certain such forward-looking statements can be identified by the use of forward-looking terminology such as “believes”, “may”, “will”, “should”, “would be”, “expects” or “anticipates” or similar expressions, or the negative thereof, or other variations thereof, or comparable terminology, or by discussions of strategy, plans, or intentions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this release as anticipated, believed, or expected.
Attachment
SBM Offshore signed the Letter of Intent for FPSO Alexandre de Gusmão lease and operate contracts
Source:
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