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Ivanhoe Energy Inc. Message Board

  • james_bond_canada_2013 james_bond_canada_2013 Jan 16, 2014 4:09 PM Flag

    SBM Offshore

    This is out of the most recent SBM's Annual Report, page 16;

    1.5.7 Partnerships

    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.

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