SBM Offshore : A strong quarter as the company lifts its FY24 guidance
>Another strong set of results as SBM looks forward to FPSO sales - PSO Sale. The company indicated that its FPSO Prosperity was sold to ExxonMobil Guyana Ltd on November 7 whereas it expects the sales of FPSO Liza Destiny to be on track, expecting it to close by the end of the year. Contract award: The company announced that it has been awarded an FPSO contract as part of the GranMorgu field development project in Suriname. According to the company, the c. 220 k...SBM Offshore is a holding company. Co. provides floating production solutions to the offshore energy industry, over the full product life-cycle. Co.'s main activities are the design, supply, installation, operation and life extension of floating production, storage and offloading (FPSO) vessels. Other products include semi-submersibles, tension-leg platforms, floating production storage and offloading liquefied natural gas, turret mooring systems, brownfield and offshore (off) loading terminals. As of Dec 31 2015, Co.'s fleet consisted of 10 FPSOs, two floating storage and offloadings, one mobile offshore production unit, one semisubmersible in operation worldwide.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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