SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed a purchase transaction for the FPSO Prosperity. The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate and maintain the FPSO up to 2033.
Brazil output rebounds despite November decline from Buzios platform shutdowns
Brazilian oil production is rebounding after platform outages slashed more than 300,000 bpd in...
