FPSOs Mondo and Saxi Batuque
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SBM Offshore signs contract extension of FPSOs Mondo and Saxi Batuque
Globenewswire· 2025-12-17 19:39
Core Viewpoint - SBM Offshore has signed a contract extension for the lease and operation of FPSOs Mondo and Saxi Batuque with Esso Exploration Angola, securing operations until 2032 [1][3]. Group 1: Contract Details - The contract extension includes life-extension activities for equipment replacement and refurbishment, aimed at maintaining high safety standards and operational excellence, with work expected to commence in 2026 [2]. - This extension reflects SBM Offshore's capability in managing complex offshore brownfield work and operating deepwater assets, supporting the offshore energy objectives in Angola [3]. Group 2: Company Impact - The CEO of SBM Offshore expressed satisfaction with the contract extension, emphasizing its importance for maintaining structure and job security in Angola, while continuing to generate value for the Angolan energy industry [4]. - SBM Offshore is recognized as a leader in deepwater ocean infrastructure, contributing to cleaner and more efficient energy production and unlocking new markets within the blue economy [5]. Group 3: Corporate Profile - SBM Offshore employs over 7,800 professionals globally, focusing on innovative solutions for a sustainable future, balancing ocean protection with progress [6].