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.
UK weighs early end to North Sea windfall tax amid talks with oil and gas producers
UK officials are holding talks with North Sea oil and gas producers on potentially ending the...

