Rigs and Vessels

SBM Offshore sees 35 FPSO awards, amid major cost surge

South America and Africa are key FPSO plays through to 2025, but Ukraine war, Covid in China and market demand cause inflation

Market boom: SBM Offshore chief executive Bruno Chabas.
Market boom: SBM Offshore chief executive Bruno Chabas.Photo: IBP
London
SBM OffshoreBruno ChabasChinaUkraineAfrica
Published 28 February 2023, 08:47Updated 28 February 2023, 11:27