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SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has been entrusted with the front end engineering and design (FEED) studies for a floating production, storage, and offloading (FPSO) vessel destined to be deployed at an oil project, which ExxonMobil Guyana, an affiliate of the U.S.-headquartered energy giant ExxonMobil, is set on developing in the Stabroek block off the coast of Guyana.
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SBM Offshore’s FPSO deal with ExxonMobil opens FEED gate for Guyana’s oil project
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