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.
Oxy, Valaris win 2026 offshore safety awards for AI, digital technologies
Oxy and Valaris have received the Center for Offshore Safety's 2026 Safety Leadership Awards for...
