SBM Offshore wins ExxonMobil FPSO order for Yellowtail off Guyana

SBM Offshore wins ExxonMobil FPSO order for Yellowtail off Guyana

SBM Offshore (AMS: SBMO) has won an order for an FPSO at the Yellowtail development for ExxonMobil.

Yellowtail marks the fourth floating production, storage and offloading vessel for the Dutch shipbuilder in Guyana.

The order triggers the initial release of funds from ExxonMoil to begin front-end engineering and design (FEED) activities.