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SBM Offshore Sells Stake in FPSO Sepetiba Project
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SBM Offshore Sells Stake in FPSO Sepetiba Project

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

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SBM Offshore has completed the sale of a 13.5% stake in its FPSO Sepetiba project to China Merchants Financial Leasing, while retaining a 51% majority interest. This strategic move aligns with SBM’s commitment to leading in offshore energy solutions while emphasizing sustainable and affordable energy production.

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

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