SBM Offshore has secured contracts worth $250m to supply an oil loading system and design drilling ships and jack-ups.
Work under the first contract includes the engineering, procurement and supply of oil offloading lines and fibre optic cables to be suspended between an FPSO and its deepwater export buoy.
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SBM will secure design licence fees from Hyundai Heavy Industries, which will construct and deliver six GustoMSC P10,000-class drillships.
The company will also receive design licence fees from Singapore’s Keppel Fels and Jurong shipyards, which have signed contracts to construct and deliver three GustoMSC CJ70-class cantilever drilling jack-ups with international drilling contractors.
SBM has also received contracts to supply associated equipment for the jack-ups.
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