Press Releases

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SBM Offshore Reaches Final Settlement of its Yme Insurance Claim

SBM Offshore is pleased to announce full and final settlement of its insurance claim related to the Yme project. The agreement now reached with remaining insurers of the Yme project follows partial settlements announced on July 17, 2017, August 11,...

Agreement Signed Between SBM Offshore and Brazilian Public Prosecutor

Following the announcement by the Company of July 26, 2018 of a Leniency Agreement with Brazilian Authorities CGU (Ministério da Transparência e Controladoria-Geral da União– "CGU") and AGU (Advocacia Geral da União – "AGU") and Petróleo...

SBM Offshore 2018 Half-Year Earnings

Faster Forward SBM Offshore continues to deliver solid results. Turnkey is ramping up on the back of recent order wins in a market where recovery is gaining momentum. Both major projects in Turnkey, the Castberg turret mooring system and FPSO...

Leniency Agreement Signed Between SBM Offshore, Brazilian Authorities and Petrobras

Leniency Agreement signed between SBM Offshore, CGU, AGU and Petrobras on July 26, 2018 taking immediate effect. SBM Offshore and Petrobras will normalize business relations in respect of tenders, with SBM Offshore now able to effectively...

Update on Legacy Issues in Brazil

As announced by the Company on December 22, 2017, the Federal Prosecutor’s Office (Ministério Público Federal – “MPF”) filed a claim based on the Brazilian Improbity Act with the Federal Court in Rio de Janeiro against, among others, SBM...

SBM Offshore Awarded Contracts for ExxonMobil’s Second Liza FPSO Based on its Fast4Ward Program

SBM Offshore is pleased to announce that ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) has awarded the Company contracts to perform Front End Engineering and Design (FEED) for a second Floating Production, Storage and...

SBM Offshore First Quarter Trading Update

Highlights Year-to-date 2018 Directional[1] revenue of US$385 million in line with Management expectations Fast4WardTM hull progressing per plan; first steel cut in March 2018 Increased dividend for 2017 of US$0.25 per share paid in Euros...

Annual General Meeting of Shareholders – 2018 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 11, 2018. These include the appointments of Mr R.IJ. Baan and Mr B. Bajolet and the reappointment...

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 Crowne Plaza Hotel...

Roeland Baan and Bernard Bajolet proposed as members of the Supervisory Board SBM Offshore

SBM Offshore announces that during the Annual General Meeting of Shareholders (AGM) to be held on April 11, 2018, it will be proposed to appoint Roeland Baan and Bernard Bajolet as members of the Supervisory Board as per that date. During the AGM,...
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