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SBM Offshore signs Share Purchase Agreement with GEPetrol
Globenewswireยท 2025-06-04 17:20
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]