SBM Offshore is pleased to announce that it has signed a Letter of Intent (LOI) together with Petróleo Brasileiro S.A. (Petrobras) for a 26.25 years lease and operate contract for the FPSO ...

SBM Bank argued that its letters of offer state that the additional charges on late loan repayments are interest, not a fee. The bank relied on Kenyan tax laws and precedents, emphasising that the ...