Press Releases

SBM Offshore Confirms Settlement with Extended Group of Insurers on its Yme Insurance Claim

SBM Offshore confirms that a settlement contract has now been executed with an extended group of primary layer insurers further to its announcement on July 17, 2017 that Heads of Terms had been agreed. The final settlement includes one additional...

SBM Offshore 2017 Half-Year Earnings

Solid Results, Major New Order Won, Investing in Industry Leading Competitiveness  SBM Offshore is pleased to report revenues and EBITDA in line with management expectations. Lease and Operate delivered solid performance after successfully...

SBM Offshore Has Agreed Heads of Terms for Settlement with a Majority Group of Primary Layer Insurers on Its Yme Insurance Claim

SBM Offshore has agreed Heads of Terms for settlement with a 73.6% majority group of the US$500 million primary insurance layer for the settling of insurers’ shares of SBM Offshore’s insurance claim relating to the Yme project. The final...

FPSO Turritella Purchase Option Exercised by Shell

SBM Offshore announces that Shell E and P Offshore Services B.V. (Shell) has notified the Company of the fact that Shell is exercising its right under the charter agreement to purchase the FPSO Turritella. The purchase allows a Shell affiliate to...

SBM Offshore Announces New and Changed Financial Calendar Dates

SBM Offshore announces that its financial calendar for 2018 is now available on the Company website. Certain of the dates in 2017 and 2018 for the publication of the Company’s periodical financial reporting have changed to accommodate the...

SBM Offshore Awarded Turnkey and Lease and Operate Contracts for the ExxonMobil Liza FPSO

SBM Offshore is pleased to announce that ExxonMobil has formally confirmed the award of contracts for the next phase of the Liza project in Guyana. Under these contracts, SBM Offshore will construct, install, lease and operate a floating production,...

SBM Offshore First Quarter Trading Update

REVENUE ON TRACK; REITERATING GUIDANCE  Highlights Year-to-date 2017 Directional[1] revenue in line with Management expectations at US$420 million New 5-year Operating and Maintenance contract signed for FPSO Serpentina Increased...

Annual General Meeting of Shareholders – 2017 Resolutions

SBM Offshore N.V. is pleased to announce that all resolutions were adopted as proposed during the Annual General Meeting of Shareholders (AGM) of April 13, 2017. Shareholders voted in favor of the proposed US$0.23 per ordinary share dividend...

Annual General Meeting of Shareholders Announcement

SBM Offshore announces that the agenda of the Annual General Meeting of Shareholders (AGM) and the invitation for shareholders to attend the AGM have now been published on the Company’s website. The AGM will be held at the Hilton Amsterdam Airport...

SBM Offshore 2016 Full Year Earnings

SBM Offshore is pleased to report revenues and EBITDA in line with expectations, concluding a year of many achievements notwithstanding the backdrop of the prolonged market downturn. After adjusting to the new market circumstances, the offshore...