SBM Offshore Sells FPSO Assets,Exiting Equatorial Guinea: A Shift in Offshore Energy Dynamics
In a significant move within the offshore energy sector,SBM Offshore has announced its decision to divest from its Floating Production Storage and Offloading (FPSO) units in Equatorial Guinea. This strategic withdrawal marks a pivotal moment for the company, which has been actively involved in the region’s oil and gas sector for several years.The decision comes amid a backdrop of changing market conditions and evolving dynamics in the global energy landscape. As SBM Offshore shifts its focus,industry experts are analyzing the implications of this divestment on both the company’s portfolio and the future trajectory of offshore operations in Equatorial Guinea. This article delves into the details of the divestment, its reasons, and what it may mean for the broader offshore energy market.
SBM Offshore Announces Strategic Divestment of FPSO Operations in Equatorial Guinea
SBM Offshore has…
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Author : Jackson Lee
Publish date : 2025-06-25 16:25:00
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