SBM Offshore closes in on Guyana FPSO loan

SBM Offshore closes in on Guyana FPSO loan

Loans Energy Gas Debt

The Netherlands' SBM Offshore is about a month away from signing a loan for more than $1bn to fund the construction of a floating production storage and offloading (FPSO) unit in Guyana, according to two sources close to the deal. SBM Offshore has chosen 10 lenders, mostly from Europe and Japan, to provide three- to four-year financing for the FPSO for the second phase of Liza offshore project in the Stabroek block, which is being developed by a consortium led by ExxonMobil, the sources said. SB

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