SBM Offshore divests 35.5% interest in FPSO Sepetiba project
SBM Offshore has announced that it has entered into a shareholder agreement with its long-standing business partners Mitsubishi Corporation (MC) and Nippon Yusen Kabushiki Kaisha (NYK) regarding the divestment of a 35.5% interest in the special purpose companies related to the lease and operation of FPSO Sepetiba.
MC acquired 20% and NYK acquired 15.5% ownership interest in the companies. SBM Offshore is an operator and majority shareholder with the remaining 64.5% ownership interest.
FPSO Sepetiba is currently under construction. The FPSO will be deployed at the Mero field in the Santos Basin offshore Brazil, 180 kilometers offshore Rio de Janeiro, under a 22.5 years lease and operate contract with Petróleo Brasileiro S.A. (Petrobras). The delivery of the FPSO is expected in 2022.
Country updates
-
-
December 18, 2019
Voltalia starts the operation of VSM 1 & 2 wind farms
Voltalia has started the operations of the VSM 1&2 wind farms located in its Brazilian cluster of Serra Branca (Rio Grande do Norte). Three turbines of VSM 1&2 wind farm, with a total of 10 M...
Read more -
December 16, 2019
Ceara State approves environment permit for Alex Solar PV Complex
The environment council Coema in the State of Ceara in Brazil has approved the study and environmental impact report for the planned development of the 278 MW Alex Solar PV Complex. The so...
Read more -
December 11, 2019
AES Tiete Energia signs PPA deal with Anglo American unit for 79 MW
AES Tiete Energia has signed a power purchase agreement deal with a unit of Anglo American plc, Anglo American Niquel Brasil Ltda, for 79 MW average of the 167.4 MW wind farm in the sta...
Read more -
December 10, 2019
Brazil approves the commercial operations of 254.5 MW solar plants
ANEEL, the Brazilian electricity regulatory agency, has recently approved to start the test or commercial operations of nine solar power plants with a combined capacity of 254.49 MW. The 45.68 MW Sao...
Read more -
December 02, 2019
Grupo Red Eléctrica and Grupo Energía Bogotá acquire the Argo Energía company
Grupo Red Eléctrica, through its international subsidiary, and Grupo Energía Bogotá, have reached an agreement to jointly acquire, in equal shares, 100% of the common shares of th...
Read more
