Tag Archives: floating production and storage offloading (FPSO) vessels

SBM Offshore, which has been contracted to build an offshore oil production ship, would be using Guyanese workers to fabricate parts for the vessel and shipping them to Singapore for installation, a senior company official said. Country General Manager of SBM Offshore (Guyana), Martin Cheong told Demerara Waves Online News that while the company would not be making money from ...

Guyana on Monday announced that two British companies have been contracted again to sell the country’s crude entitlement for the next 12 months, and the country is set to receive higher earnings from the deals. The Ministry of Natural Resources said the United Kingdom-based BB Energy Trading Limited would sell crude from floating production and storage offloading (FPSO) vessels Liza ...