SBM completes sale of stake in FPSO

By Rafael Bortoloti

SBM has announced the completion of the sale of 13.5% of its special purpose entities related to the leasing and operation of the FPSO Sepetiba to China Merchant Financial Leasing Holding (CMFL).

Despite this sale, the Dutch company remains the majority shareholder of the vessel, holding a 51% stake. The vessel will be installed in the Mero field, located in the Santos Basin, with operations managed by Petrobras.