Press Releases

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SBM Offshore 2016 Year End Update

As the Company nears its year end, and ahead of the scheduled FY2016 earnings announcement, the Management Board announces the following non-cash adjustments to its accounts, which are the result of its regular year-end review taking into account...

Resolution Extraordinary General Meeting

Resolution Extraordinary General Meeting SBM Offshore N.V. (SBM Offshore or ‘the Company’) is pleased to announce that during the Extraordinary General Meeting of Shareholders on November 30, 2016, Mr. D.H.M. Wood was appointed as a member...

SBM Offshore Third Quarter Trading Update

PERFORMANCE IN LINE WITH GUIDANCE  Highlights Year-to-date 2016 Directional[1] revenue on track at US$1.6 billion. US$193 million order intake year to date. Third Quarter 2016 uptime at 99.2%. FPSO Cidade de Saquarema on hire as...

Extraordinary General Meeting of Shareholders

The invitation and agenda of an Extraordinary General Meeting of Shareholders (EGM) of SBM Offshore NV have been published on the Company’s website.  The EGM will be held at the Hilton Hotel at Amsterdam Schiphol Airport on November 30, 2016 at...

Update on Approval Process of the Leniency Agreement

Further to the decision on September 1, 2016 of the Brazilian Fifth Chamber for Coordination and Review and Anti-corruption ("Fifth Chamber") to refer the Leniency Agreement of July 15, 2016 to a new prosecutor within the Public Prosecutor’s...

FPSO Turritella Producing and on Hire

SBM Offshore is pleased to announce that FPSO Turritella is formally on hire as of September 2, 2016 after achieving Commencement of Commercial Production (CoCP).  The CoCP certificate was issued on September 8, 2016. The vessel is installed in...

Update on Status of Leniency Agreement

SBM Offshore has been informed that the Fifth Chamber of the Brazilian Federal Prosecutor Service has not approved the leniency agreement signed by Brazilian authorities, Petrobras and SBM Offshore on July 15, 2016.  The Company is seeking...

SBM Offshore 2016 Half-Year Earnings

Solid Turnkey Performance; Cost Savings Ahead of Plan; Positive Free Cash Flow Generation; EUR 150 Million Share Repurchase SBM Offshore is pleased to report revenue in line with expectations, a Settlement Agreement with Petrobras and Brazilian...

SBM Offshore Nominates New Chief Financial Officer

Douglas Wood to be proposed for appointment at EGM SBM Offshore is pleased to announce that the Supervisory Board has nominated Mr. D.H.M. Wood as Management Board member and Chief Financial Officer (CFO). On February 10, 2016 the Company...

Leniency Agreement Signed between Brazilian Authorities, Petrobras and SBM Offshore

The Ministry of Transparency, Oversight and Control (Ministério da Transparência, Fiscalização e Controle – “MTFC”), the Public Prosecutor’s Office (Ministério Público Federal – “MPF”), the General Counsel for the Republic...
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