GEORGETOWN, Guyana, CMC – The Netherlands-based deepwater ocean infrastructure expert, SBM Offshore, says it has completed a transaction with ExxonMobil Guyana Ltd for the purchase of FPSO ONE GUYANA.
In a statement, SBM Offshore said that the agreement with the affiliate of Exxon Mobil Corporation, comes ahead of the maximum lease term which would have expired in August 2027.
FPSO ONE GUYANA is the fourth and largest FPSO that SBM Offshore operates in Guyana and builds on the excellent operational performance of FPSOs Liza Destiny, Liza Unity, and Prosperity.
“The transaction comprises a total cash consideration of US$2.32 billion. The net cash proceeds have been primarily used for the full repayment of the US$1.74 billion project financing and as such materially decreased SBM Offshore’s net debt position.”
SBM Offshore said that the FPSO ONE GUYANA has been on hire since August 2025 and that “it will continue to be operated through the integrated operations and maintenance model, combining SBM Offshore’s and ExxonMobil Guyana’s expertise and experience, and delivering outstanding operational performance.
“The impact of the transaction will be included in the Company’s 2026 guidance as part of the Full Year 2025 Earnings release, scheduled for February 26, 2026,” SBM Offshore said.
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