SBM Offshore has signed a sale and leaseback financing agreement for FPSO Cidade de Paraty for $400 million (USD) with a tenor of 8 years. Under the agreement, the special purpose company will transfer ownership to four Chinese leasing companies.
OTC 2025: Flexibility, digital fluency key to facing offshore challenges, says Weatherford CEO
In keeping with the overall themes raised on day one of OTC 2025, Weatherford CEO Girish Saligram...