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.
Petro Victory reports stacked gas pay in SJ-12 well, offshore Brazil
Petro Victory’s SJ-12 well in Brazil’s Barreirinhas basin has confirmed stacked gas reservoirs...
