Uncategorized

SBM Offshore lands $750M loan for Liza FPSO

SBM Offshore gas completed the project financing of Liza FPSO, to be deployed offshore Guyana, for a total of $720 million. The Dutch company has obtained the cash from a consortium of twelve international banks. 

The Liza FPSO will be owned and be operated by SBM Offshore, and will, once completed, be used by Exxon Mobil for oil production from the Liza oil field in Guyana. The lease and operate contract includes an initial period of ten years with extension options up to an additional ten years.

Read more

Categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: