Brazil: SBM Offshore, Naval Ventures to Cooperate in FPSO Projects

  SBM Offshore announces it has signed a Shareholders’ Agreement with Naval Ventures Corp. (a member of Synergy Group) under which the two companies will cooperate and work together through one or more special-purpose entities in order to: (a) jointly develop and operate a yard and a FPSO integration quayside at Niterói/Brazil for the fabrication [...]