Finance

SBM Offshore stock hits 17-year high on 'robust' FPSO market

Contractor's share price hits level not seen since 2008, as it targets 16 'sweet spot' projects in next three years

SBM Offshore chief executive Oivind Tangen.
SBM Offshore chief executive Oivind Tangen.Photo: SBM OFFSHORE
Africa CorrespondentLondon
Published 20 February 2025, 11:36Updated 20 February 2025, 13:59
SBM OffshoreOivind TangenBrazilNamibiaGuyana