Industry News

FPSO Destiny Purchase by ExxonMobil Guyana Completed

Amsterdam, December 19, 2024 SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the purchase of FPSO Liza Destiny, ahead of the maximum lease term, which would have expired in December 2029. The...

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Prosafe SE: Operational update – November 2024

19 December - Fleet utilisation for November 2024 was 57 per cent.   In November, all operating vessels - Safe Notos, Safe Eurus, Safe Zephyrus and Safe Concordia - achieved 100 per cent utilisation. Safe Zephyrus extension into Q3 2027 expected with Petrobras. Safe...

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DNO Farms Into Mistral Exploration Well Through Horatio Swap

Oslo, 19 December 2024 – DNO ASA, the Norwegian oil and gas operator, today announced that the Company’s wholly-owned subsidiary DNO Norge AS has entered into a swap agreement with OKEA ASA to farm into a 10 percent interest in PL1119 containing the Mistral prospect....

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Weekly share repurchase program transaction details

Amsterdam, December 18, 2024 SBM Offshore reports the transaction details related to its EUR130 million (c. US$140 million) share repurchase program for the period December 12, 2024 through December 18, 2024. The repurchases were made under the EUR65 million share...

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Viridien: Viridien’s governance is evolving

Paris (France), December 18, 2024, released at 5h45 pm Viridien’s governance is evolving Change in governance structure: temporary unification of the roles of Chairman and Chief Executive Officer under the leadership of Sophie ZURQUIYAH, and the appointment of...

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