Press Releases

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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...

FPSO Cidade de Saquarema Producing and On Hire

SBM Offshore is pleased to announce that FPSO Cidade de Saquarema is formally on hire as of July 8, 2016 after achieving first oil and the completion of a 72-hour continuous production test leading to Final Acceptance. The vessel is installed in...

SBM Offshore First Quarter Trading Update

REVENUE ON TRACK; PROJECT DELIVERY FOCUS Highlights Year-to-date 2016 Directional[1] revenue in line with Management expectations at US$442 million Cidade de Maricá first oil achieved and on hire FPSOs Cidade de Saquarema and...

Annual General Meeting of Shareholders – 2016 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 6, 2016. Shareholders voted in favor of the proposed US$0.21 per ordinary share dividend...

Confirmation of the Settlement Regarding Allegations Against CEO and Member of the Supervisory Board

In its press release of January 25, 2016, SBM Offshore disclosed that CEO Bruno Chabas and Supervisory Board member Sietze Hepkema had decided to accept the Public Prosecutor’s proposal for an out-of-court settlement, on a no admission of guilt...

Regulatory announcement: notification of home member state

In accordance with section 5:25a of the Dutch Financial Supervision Act, SBM Offshore N.V. declares the Netherlands as its Home Member State.  This declaration is required pursuant to the implementation of the amended EU Transparency Directive in...

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...

FPSO Cidade de Maricá producing and on hire

SBM Offshore is pleased to announce that FPSO Cidade de Maricá is formally on hire as of February 7, 2016 after achieving first oil and the completion of a 72-hour continuous production test leading to Final Acceptance. The vessel is installed...
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