ExxonMobil Guyana buys FPSO Prosperity from SBM Offshore for $1.23 billion, effective until 2033.
ExxonMobil Guyana has acquired the FPSO Prosperity from SBM Offshore for approximately $1.23 billion, finalizing the deal before the lease term expires in November 2025. SBM Offshore will continue to operate and maintain the unit until 2033. The funds from the sale will primarily repay SBM's $0.98 billion project financing, reducing its debt. The FPSO has been operational since November 2023 and will be managed collaboratively by both companies.
November 07, 2024
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