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.
Chevron eyes new oil plays in West Africa with Guinea-Bissau entry
Chevron has entered two deepwater offshore blocks in Guinea-Bissau’s MSGBC basin, expanding its...

