Press Releases

SBM Offshore Announces Completion of Real Estate Divestment

SBM Offshore is pleased to announce that it has completed the sale and lease back of its Monaco real estate portfolio. The last of the three buildings was sold for approximately US$62 million net of expenses, resulting in a book profit of...

SBM Offshore Half-Year Results 2014

Revenue up 6%; Outlook confirmed   SBM Offshore’s execution of projects on hand in the first six months of the year led to better than expected revenue growth. The Company is making progress towards resolving its compliance issue, as...

Outcome of Dialogue on Brazilian Tenders

On May 28, 2014 SBM Offshore confirmed that it was in dialogue with Petrobras regarding participation in the upcoming Tartaruga Verde and Libra tenders. Based on those discussions, the Company will not participate as an international contractor in...

Update on SBM Offshore Tenders in Brazil

SBM Offshore confirms that it is in dialogue with Petrobras regarding participation in the upcoming Tartaruga Verde and Libra tenders. The Company has deployed significant resources on bidding activities to date and as such is seeking clarification,...

SBM Offshore First Quarter 2014 Trading Update

1Q14 REVENUE IN LINE WITH EXPECTATIONS Highlights Year-to-date 2014 Directional¹ revenues in line with expectations at US$782 million Directional¹ Backlog as of March 31, 2014 stands at US$21.7 billion FPSO Cidade de Ilhabela module...

SBM Offshore’s innovation wins OTC “Spotlight on New Technology” award for Very High Pressure Fluid Swivel

SBM Offshore is pleased to announce that it has been honoured with the prestigious Spotlight on new Technology award at the 2014 OTC conference in Houston. As a leading pioneer in floating production and mooring systems, SBM Offshore continually...

SBM Offshore Findings of Internal Investigation

Today, SBM Offshore presents the findings of its internal investigation, which it started in the first quarter of 2012, as the investigators have completed their investigative activities. The investigation, which was carried out by independent...

SBM Offshore publishes 2013 Annual Report

SBM Offshore today published its 2013 Annual Report. The Company publishes the report as a fully integrated online version, combining Annual Report and Sustainability Report into one. The 2013 Annual Report is available to shareholders and...

SBM Offshore Statement On Recent Media Reports

Recent media reports have picked up a publication that was brought to the Company’s attention last week, and was first posted on the internet October 18, 2013. The publication shows great similarity to an e-mail attachment the Company...

SBM Offshore Full Year Results 2013

Strong performance; robust foundation for growth SBM Offshore finished 2013 with a strong underlying financial performance, ahead of expectations. The Company has now put most of its legacy projects to rest, secured the balance sheet and...