Report
Thijs Berkelder

SBM Offshore : ExxonMobil application for 7th Guyana FPSO project

>Hammerhead FPSO targeting 180k bpd production with first oil in 2029 - Environmental authorization application. Newswires have reported that ExxonMobil took the first step toward its 7th oil project in Guyana, by filing an environmental authorization application with the Guyana government on Monday. The Hammerhead project will pump as much as 180,000 bpd as soon as 2029, pending Guyanese government approval, Exxon country manager Alistair Routledge said in an intervi...
Underlying
SBM Offshore NV

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Thijs Berkelder

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