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SBM Offshore Advances Suriname’s Block 58 FPSO Project
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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.

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