Perspective
27 August 2015
Update: SACE commits $300 million insurance cover for SBM Brazilian FPSO
In:
Oil & gas
Region:
Americas, Europe
The Italian export credit agency, SACE, confirmed today that it would be providing $300 million of insurance cover related to the floating production storage and offloading unit (FPSO) Cidade de Saquarema, ultimately destined for use in Brazilian oilfields. The FPSO is being built by Dutch firm SBM.
