The Penguins FPSO was built to a Sevan 400 design by the Norwegian company Sevan Deepwater Technology, and is the first new ...

Investing.com -- SBM Offshore has signed a Memorandum of Agreement with COSCO for the construction of a new Fast4Ward FPSO hull, expanding its existing partnerships for hull construction.

The expanded Chinese supply chain, now strengthened by COSCO, positions SBM to capture a significant share of the booming ...