This is out of the most recent SBM's Annual Report, page 16;
The increasing size and complexity of FPSOs has led the Group to form new partnerships to help finance the
continuing growth of its lease fleet, and to develop the local content component of FPSO projects. The Group also aims to diversify its capital sources through partnerships. Key commercial partners include Sonangol, MISC, QGOG and GEPetrol; key financial partners include Mitsubishi Corporation, NYK and Itochu; key technical partners include DSME and Synergy. Key technology partners include Linde, Ivanhoe Energy and CompactGTL.
Long-term equity alliances are becoming particularly important as the scale and capital requirements of future
projects increases. The Group will continue to enter into partnerships in order to improve its chances of securing new business and to add value to its performance in the long run.
Sorry moron, and you didn't have to switch from your sonofzooloo88 alias to repeat yourself. But this is from the IVAN site:We have established our first two major heavy oil projects: Tamarack in Canada and Pungarayacu in Ecuador. These acquisitions are leading a significant growth phase in the Company's development and provide our employees with excellent career and professional growth potential.
Whether you are an experienced professional or just embarking on your career, we welcome your interest in considering a career with Ivanhoe Energy.
Please forward your resume to:
Human Resources Department
Ivanhoe Energy Inc.
21st Floor, 101-6th Avenue SW
Canada T2P 3P4
Very up to date evidence on the continued life of the ASM and IVAN alliance, can hardly wait for the announcement of the first planned joint venture - the announcement alone will add another buck to share price. Wouldn't you say so, Zoofairy?