The Dutch Company of FPSO SBM Offshore Ordered Two New FPSO Hulls in China. These Will Be the Fourth and Fifth Hulls from SBM Ordered Under the Company’s Fast4Ward Program.
The SBM Offshore Fast4Ward program includes standardized FPSO, designed to accelerate deployment time and reduce construction costs. The Dutch company said on Thursday that it ordered the two hulls from Shanghai Waigaoqiao Shipbuilding and Offshore Co., Ltd. (SWS) and China Merchants Industry Holdings (CMIH).
Read More
- Petrobras Puts Up for Sale Two More Onshore Blocks
- Macaé Airport Has Job Openings for Flight Dispatcher Assistants
- In the Northeast, Professionals with Technical and Higher Education Are Required for Offshore and Onshore Activities
- Job Openings for Technicians and Engineers at an Offshore Training and Safety Company in Macaé
The two shipyards are currently working on the construction of the first three hulls from SBM Offshore, which are already allocated to the projects.
Bruno Chabas, CEO of SBM Offshore: “We continue to have good visibility due to new active commitments with clients. This has given the company the comfort to accelerate the program and commit to two additional Fast4Ward hulls. Currently, the Company is building five hulls simultaneously, which highlights the fundamentals of our market and SBM Offshore’s competitive position. During this period of growing demand, SBM Offshore remains disciplined and selective regarding market opportunities.”
-
Scientists are sounding the alarm after confirming that 7 of Earth’s 9 planetary boundaries have already been exceeded, while ocean acidification enters the risk zone for the first time, pushing ocean chemistry towards an unprecedented change in 300 million years and putting pressure on reefs and the base of marine life.
-
11 consecutive years among the hottest ever recorded place the planet at a new level of alert, and the World Meteorological Organization points out that extreme heat, intense rainfall, cyclones, and melting ice are already pressuring economies, cities, and supply systems on a global scale.
-
More than 100 scientists warn that India, China, the United States, Mediterranean countries, and parts of Africa could enter an era of persistent droughts by the end of the century, with rivers under stress, demand exceeding supply, and a growing risk of continuous water scarcity.
-
High-speed seeds: an MIT study proves that they can detect rain sounds and germinate 40% faster, bringing a new future for agriculture and plant cultivation
SBM Offshore said that its Fast4Ward can accelerate the delivery of an FPSO by up to 12 months. For a typical project, this can increase the value to a client by over US$ 0.5 billion, substantially reducing the project’s breakeven prices, SBM stated. The FPSO Liza Unity will be the first unit from SBM Offshore delivered under the Fast4Ward program.
The first FPSO to be delivered under the Fast4Ward program is the Liza Unity. This hull had been ordered under speculation, but ExxonMobil contracted the FPSO for deployment in its Liza field in Guyana, as part of the second development phase.
The development of Phase 2 of Liza was sanctioned in May 2019 and will use the FPSO Liza Unity to produce up to 220,000 barrels of crude oil, with first oil expected in mid-2022.
Regarding the growing demand for FPSO units, Norwegian analysts Rystad said in August that global market FPSOs were heading for a major revival, with up to 24 FPSO contracts expected for 2020, largely driven by Brazil.

Be the first to react!