The deal is expected to be announced shortly, according to sources.

ExxonMobil started screening the market for potential buyers, with as many as 20 on the list by March.

The supermajor has been evaluating bids since mid-May and this week Bluewater clinched the deal ahead of rivals that included PGS Production.

Netherlands-based Bluewater is already familiar with the vessel as the contractor provided both engineering and project management for the turret and the mooring systems when it was built.

The