Given the strong market outlook, Dutch floating production storage and offloading (FPSO) operator SBM Offshore announced an additional order for two Fast4Ward® MPF hulls for various ongoing tender projects. This brings the total number of new FPSO hulls under construction at SBM Offshore to four.
SBM Offshore has not yet disclosed the shipyard information for the two newly ordered FPSO hulls. However, the company has the option to place additional hull orders with three Chinese shipyards (CSSC Waigaoqiao Shipbuilding, China Merchants Heavy Industry, and COSCO Shipping Heavy Industry).
Including additional orders, SBM Offshore will prioritize supplying its new FPSO hulls under construction to current and future FPSO tenders, most likely in the Sergipe-Alagoas basin in Brazil, where SBM Offshore is bidding for two gas-dominated FPSO projects.
In addition, SBM Offshore has confirmed that one of the hulls under construction will be deployed in the Longtail development project off the coast of Guyana. In March 2026, ExxonMobil, the project operator, awarded SBM Offshore a Front-End Engineering Design (FEED) contract for the FPSO.
When SBM Offshore signed the Longtail FPSO FEED contract, it stated that if the project is approved, the FPSO will be designed and built using the Fast4Ward® MPF hull, with a designed natural gas processing capacity of approximately 1.2 billion cubic feet per day, 250,000 barrels of condensate per day, a mooring depth of approximately 1,750 meters, and an oil storage capacity of approximately 2 million barrels.
SBM Offshore’s Fast4Ward® MPF hulls, equipped with standardized topside modules, can shorten the overall delivery cycle by up to 12 months. Currently, eight Fast4Ward® MPF hulls are in operation or have been delivered, with four more under construction, for a total of 12.
SBM Offshore is a leading international offshore oil and gas services company headquartered in the Netherlands. It provides full lifecycle solutions for FPSOs, covering design, construction, leasing and operation, and extends to low-carbon technologies and diversified marine infrastructure.