It’s a great source of pride for us to take our engineer’s innovative designs and successfully manage the construction of ever more complex floating production facilities.
SBM Offshore has managed the conversion and fabrication process for over 27 floating production facilities during the last thirty years. We have developed a key long-term partnership with Keppel Shipyards in Singapore and Dubai and achieved tremendous results with the consistent delivery of a number of projects both on schedule and on budget, with a keen focus on safety.
While we have very successful relationships with well established yards, SBM also leads its competitors in its pursuit of construction partnerships in new areas. To maintain our competitive advantage and help further develop local industries, SBM has entered joint venture agreements to develop construction yards in both Angola (PAENAL yard) and Brazil (Brasa Yard) with local and international partners. Doing so gives us increased competitiveness to win local contracts and increased flexibility in project delivery. We continue seeking more time and cost efficient strategies to improve project delivery. Recently, we began our first FPSO conversion to be executed in China at the Guangzhou yards in Guangzhou.