Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag ExxonMobil bought the FPSO One Guyana from SBM Offshore for $2.32 billion, securing control before its lease ends in August 2027.

flag ExxonMobil Guyana has acquired the FPSO ONE GUYANA from SBM Offshore for $2.32 billion in cash, securing ownership ahead of the asset’s lease expiration in August 2027. flag SBM Offshore will continue operating and maintaining the unit through 2035 under a joint model. flag The sale proceeds helped fully repay $1.74 billion in project financing, reducing SBM’s net debt. flag The FPSO has been in service since August 2025, supporting offshore oil operations in Guyana. flag The financial impact will appear in SBM Offshore’s 2025 earnings report, set for February 26, 2026.

5 Articles