Dutch firm SBM Offshore has signed a long-term agreement with ExxonMobil covering potential future FPSO orders.
This agreement is non-exclusive, and establishes the framework and terms in relation to the engineering, procurement, construction and installation work regarding potential future contracts relating to leased FPSOs.
SBM Offshore has supplied more than ten floating systems to ExxonMobil in the past.
Bruno Chabas, CEO of SBM Offshore, commented: “We are very pleased with the long-term FPSO supply agreement with ExxonMobil. This agreement is a continuation of our long history of successful team work between our companies, further strengthening our long term cooperation.”