SBM Offshore NV (GB:0NIS) has released an update.
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SBM Offshore has completed the sale of its FPSO Liza Destiny to ExxonMobil Guyana for approximately $535 million, which will help reduce its net debt. The transaction allows ExxonMobil to take ownership of the unit while SBM Offshore continues its operation until 2033, showcasing their collaborative expertise in offshore operations.
For further insights into GB:0NIS stock, check out TipRanks’ Stock Analysis page.
