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.
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...
