China rolls out the red carpet

SBM Offshore participated in the Monaco Economic Board (MEB) Trade Mission to Beijing in September, as part of a state visit by HSH Prince Albert II

October 4, 2018

SBM delegation joins forces with new partners

SBM Offshore used the event to coincide with the signing of three memoranda of understanding (MoUs) with key Chinese companies: ICBC Leasing, China Merchant Industry Holdings and China Petroleum Technology and Development Corporation. This was the result of engagement with the partners to strengthen mutual cooperation going forward on relevant activities.

Present at the signature of the collaboration agreements for SBM Offshore were Bernard van Leggelo, MD China and Singapore, Kane Kin Bak Siew, Business Development Director China and Herve Lalli, Business Development Director Monaco. Designed to strengthen relations between SBM Offshore and its partners, the MoUs will serve to boost business, industry and financial support with some of the most influential companies in the market.

“The MoUs are a step towards further collaboration as we continue to develop our experience and valued partnerships in China. This is another solid step along that path,” said Bernard van Leggelo, MD China and Singapore.

 

Photo credit Jean-Charles VINAJ

Background

SBM Offshore shifted its emphasis to China earlier this decade for its largest FPSO conversions, with the three FPSOs, Maricá, Saquarema and Ilhabela being undertaken at the Chengxi Guangzhou (CXG) yard. The yard also completed refurbishments and some module integration before the vessels sailed to Brazil for the remaining scope. Most recently, SBM began construction of its new-build ‘Multi Purpose Floater’ (MPF) hull for its Fast4Ward™ programme at the SWS yard in Shanghai.