SBM Offshore has entered into a shareholders' agreement with its long-term business partner, Nippon Yusen Kabushiki Kaisha (NYK Line), for the proposed sale of a 45% ownership interest in a special purpose company related to the lease and operation of the FSO Chalchi.
The offshore energy services provider stated it will retain a 55% stake, maintaining its position as the majority shareholder. The proposed transaction remains subject to several conditions precedent and the receipt of relevant approvals.
The FSO Chalchi is currently under construction and will be leased and operated under a 20-year contract with Woodside Energy through its subsidiary, Woodside Petróleo Operaciones de México.
The FSO unit, based on a Suezmax hull, will be fitted with a disconnectable turret mooring system designed by SBM Offshore. The vessel will be moored in water depths of approximately 2,500 meters and will have a crude oil storage capacity of about 950,000 barrels.
The FSO Chalchi will service the Trion field, located approximately 180 kilometers offshore Mexico and 30 kilometers south of the maritime border with the United States.
The Trion project is being developed by a joint venture, with Woodside Energy holding a 60% interest and acting as the operator, while Pemex holds the remaining 40%.
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