tiprankstipranks
Trending News
More News >

SBM Offshore Advances Suriname’s Block 58 FPSO Project

SBM Offshore Advances Suriname’s Block 58 FPSO Project

SBM Offshore NV (GB:0NIS) has released an update.

SBM Offshore, in partnership with Technip Energies, has announced the reservation of a Fast4Ward® hull for TotalEnergies’ upcoming FPSO in Suriname’s Block 58, with a final investment decision expected in Q4 2024. The B58 development marks the first in the block, jointly held by TotalEnergies and APA Corporation, aiming for a 2028 production start. SBM Offshore, a leader in offshore floating facilities, emphasizes its commitment to sustainable and safe energy production.

For further insights into GB:0NIS stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App