Equatorial Guinea

In 2024, SBM Offshore made a major decision. It ended all its work in Equatorial Guinea. This included giving up control of its Floating Production Storage and Offloading (FPSO) unit. The Serpentina FPSO, a vital asset in oil production, has been transferred to GEPetrol, the state-owned oil company of Equatorial Guinea. This is big news…

Mortgage Rates have become quite a topic of the town these days. As of mid-2025, the average 30-year fixed mortgage interest rate across the length and breadth of the U.S. is roughly 6.98% wherein it is based on a Reuters poll. This is way above many predictions, so the affordability has been tougher than before…