SBM Offshore to divest 45% interest in FSO Chalchi

Summary

SBM Offshore has entered a shareholders’ agreement with Nippon Yusen Kabushiki Kaisha to divest a 45% ownership interest in the FSO Chalchi. SBM Offshore will retain a 55% ownership stake. The FSO, currently under construction, will be operated under a 20-year lease with Woodside Energy.

Recent Coverage

• SBM Offshore to Sell 45% Stake in Mexico-Bound FSO to NYK

  Asian Oil & Gas • Jun 5

• SBM Offshore intends to divest minority interest in FSO Chalchi

  GlobeNewswire - Energy • Jun 4