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The latest announcement is out from SBM Offshore NV ( (GB:0NIS) ).
SBM Offshore has completed a significant transaction with MISC Berhad involving the acquisition of MISC Berhad’s equity interest in the FPSO Espirito Santo in Brazil and the divestment of SBM Offshore’s interest in the FPSO Kikeh in Malaysia. This strategic move is part of SBM Offshore’s ongoing efforts to streamline its portfolio to maintain operational focus and excellence, potentially impacting its positioning within the offshore energy industry and its stakeholders.
More about SBM Offshore NV
SBM Offshore is a global leader in deepwater ocean-infrastructure, specializing in the design, construction, installation, and operation of offshore floating facilities. The company is committed to facilitating a just transition through cleaner and more efficient energy production and is focused on advancing innovation within the blue economy while ensuring a balance between ocean protection and progress.
YTD Price Performance: 5.04%
Average Trading Volume: 25,789
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €3.05B
Learn more about 0NIS stock on TipRanks’ Stock Analysis page.
