SBM Offshore vende participação no projeto FPSO Sepetiba para Mitsubishi e NYK

SBM Offshore Sells Stake in FPSO Sepetiba Project to Mitsubishi and NYK

Written by Paulo Nogueira

Published on 13/12/2019 at 11:28

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SBM Offshore Announces A Lease And Operation Agreement For The FPSO Sepetiba With Its Longtime Partners Mitsubishi Corporation And Nippon Yusen Kabushiki Kaisha

Following the announcement on December 11, 2019, regarding the signing of the FPSO Sepetiba contract, SBM Offshore is pleased to announce that it has entered into a shareholders’ agreement with its longtime business partners Mitsubishi Corporation (MC) and Nippon Yusen Kabushiki Kaisha (NYK) regarding the sale of a 35.5% stake in the special purpose companies related to the lease and operation of the FPSO Sepetiba.

MC acquired 20% and NYK acquired 15.5% of the stake in the companies. SBM Offshore is the operator and majority shareholder with the remaining 64.5% shareholding.

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Corporate Profile

SBM Offshore is a market leader in floating production systems and has multiple units currently in operation.

The Group companies employ approximately 4,350 people worldwide, including about 650 contractors, who are spread across offices in key markets, operational support bases, and an offshore fleet. The Group companies employ an additional 400 people, working for joint ventures with two construction shipyards.

The companies in which SBM Offshore N.V. holds investments directly and indirectly are separate entities. In this communication, “SBM Offshore” is sometimes used for convenience, where references are made to SBM Offshore N.V. and its subsidiaries in general, or where no useful purpose is served by identifying the particular company or companies.

SBM Offshore Sells Stake in FPSO Sepetiba Project to Mitsubishi and NYK

SBM Offshore Announces A Lease And Operation Agreement For The FPSO Sepetiba With Its Longtime Partners Mitsubishi Corporation And Nippon Yusen Kabushiki Kaisha

Corporate Profile

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SBM Offshore Sells Stake in FPSO Sepetiba Project to Mitsubishi and NYK

SBM Offshore Announces A Lease And Operation Agreement For The FPSO Sepetiba With Its Longtime Partners Mitsubishi Corporation And Nippon Yusen Kabushiki Kaisha

Corporate Profile

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

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Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

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