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.
Equinor forecasts 10%–20% production decline at Johan Sverdrup field in 2026
Equinor expects oil production from the Johan Sverdrup field — the North Sea’s largest producing...
