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.
Energy NL’s CEO says Newfoundland & Labrador’s offshore work is steady, as province awaits next major project
As Canada’s only active offshore oil and gas province, Newfoundland & Labrador has plenty of...
