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flag SBM Offshore began building Mexico’s first deepwater oil project, a Chalchi FSO vessel, in China, with first oil expected in 2028.

flag SBM Offshore has started building the Chalchi FSO vessel for Mexico’s Trion deepwater oil field, cutting steel at a Chinese shipyard. flag Named after an Aztec deity, the Suezmax-sized vessel will store up to 950,000 barrels in 2,300 meters of water with a 27-year lifespan. flag The project, a joint venture between Woodside Energy and Pemex, includes a floating production unit by HD Hyundai Heavy Industries, with first oil targeted for 2028. flag SBM secured the contract in 2024 to build, transport, and install both units, marking Mexico’s first deepwater oil development.

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