SBM Offshore has secured $1.5 billion with a consortium of 16 international financial institutions to cover the construction costs for a floating production, storage, and offloading (FPSO) vessel destined to be deployed on a deepwater oil development on the Stabroek block off the coast of Guyana, which operated by ExxonMobil.
The post SBM Offshore bankrolling construction of Guyana-bound FPSO with $1.5 billion loan appeared first on Offshore Energy.