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The next year, SBM and Nedcor established SBM Nedcor International (SNI) as a 50/50 joint venture to engage in offshore banking, and SNI started operations in 2000. In order to avoid any conflict of interest with SBI International , Mauritius (formerly State Bank International), another joint venture offshore company between SBM and State Bank ...
The economy of Guyana is one of the fastest growing economies in the world with a gross domestic product (GDP) growth of 19.9% in 2021. [9] In 2024, Guyana had a per capita gross domestic product ( purchasing power parity ) of Int$ 80,137 and an average GDP growth of 4.2% over the previous decade. [ 4 ]
The MOPU STOR platform was designed and constructed by SBM Offshore who previously developed the concept for the Siri field. In July 2011 SBM announced the successful installation of the Yme platform, stating that the remaining commissioning activities were expected to be complete before the end of 2011. [ 2 ]
The long-standing territorial dispute over the Essequibo region escalated into a crisis in 2023. The region is controlled by Guyana but is claimed by Venezuela.The dispute dates back many years and the current border was established by the Paris Arbitral Award in 1899.
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SBM Bank (Kenya) Limited (previously known as Fidelity Commercial Bank Limited), is a commercial bank in Kenya, the largest economy in the East African Community. It is licensed by the Central Bank of Kenya , the country's central bank and national banking regulator.
A map of Dutch Guiana 1667–1814 CE. The Dutch were the first Europeans to settle modern-day Guyana. The Netherlands had obtained independence from Spain in the late 16th century and by the early 17th century had emerged as a major commercial power, trading with the fledgling English and French colonies in the Lesser Antilles.
Historically, Guyana was a net importer of fuel. [4] Guyana's offshore Guyana Basin and the inland Takatu Basin have attracted foreign companies such as Shell, Total and Mobil since the 1940s, who completed much geological surveyance of the area and drilled a number of wells. [5]
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