FPSO financing faces turbulence as ECAs exit, banks shift to short-term loans, says SBM CFO

Floating production vessels struggle for funds amid rising costs and changing lender preferences; SBM seeks new avenues as traditional support fades

SBM Offshore's chief financial officer Douglas Wood.
SBM Offshore's chief financial officer Douglas Wood.Photo: SBM Offshore
Published 2 June 2024, 18:53Updated 2 June 2024, 18:53