Amsterdam, December 17, 2025 SBM Offshore confirms it has completed the transaction related to the Share Purchase Agreement announced on June 4, 2025, for the full divestment of SBM Offshore’s equity interest in the lease and operating entities of the FPSO Aseng to GEPetrol. SBM Offshore’s sale of its participation in the unit in Equatorial Guinea is in line with its strategy to rationalize its Lease & Operate portfolio, as per other recent transactions. Corporate Profile SBM Offshore is the world’s deepwat ...

Equatorial Guinea’s Hydrocarbons and Mining Development Minister, Antonio Oburu Ondo, has announced a new oil and gas licensing round for 2026, dubbed EGRonda 2026. EGRonda 2026 will open 24 blocks to global exploration and production (E&P) companies and offer enhanced fiscal terms aimed at increasing exploration and profitability. The government will maintain its open-door policy, which will allow companies to directly apply and negotiate contracts until the launch of the new licensing round. This appr ...

Core Points - SBM Offshore has signed a Share Purchase Agreement for the full divestment of its equity interest in the FPSO Aseng to GEPetrol, with an operational transition phase lasting up to 12 months [1][2] - The divestment aligns with SBM Offshore's strategy to rationalize its Lease & Operate portfolio, consistent with other recent transactions [2] Company Profile - SBM Offshore is recognized as a global expert in deepwater ocean infrastructure, focusing on the design, construction, installation, and operation of offshore floating facilities [3] - The company aims to deliver cleaner and more efficient energy production while unlocking new markets within the blue economy [3] Workforce and Commitment - SBM Offshore employs over 7,800 professionals worldwide, collaborating to provide innovative solutions and promote a sustainable future [4]