SBM Offshore and MISC FPSO contract extended by Shell in Brazil

Dutch FPSO operator SBM Offshore has announced a contract extension by Shell for the in Brazil. The five-year extension will keep the rig working for Shell until December 2028. The rig is jointly owned by SBM Offshore (51%) and MISC (49%). SBM is also expecting a potential increase in the lease duration for FPSOs in …

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