SBM Offshore has announced the acquisition of the remaining stake in MISC Group’s FPSO Espírito Santo. With this purchase, SBM will now hold 100% of the shares related to the vessel’s operations.
Currently, the FPSO is chartered to Shell and operates in the Parque das Conchas field in the Campos Basin, with a production capacity of approximately 100,000 boed 1.42 million cubic meters of natural gas per day.