Press Releases

SBM Offshore First Quarter Trading Update

Highlights Responding to COVID-19 challenges to safeguard health and safety of staff and protect our assets Ensuring continuous operation of projects and fleet (uptime of 99.3%) in the current environment Cost reduction to mitigate...

Annual General Meeting of Shareholders: SBM Offshore Company Update and 2020 Resolutions

Today, the Company held its Annual General Meeting of Shareholders. This release contains the results of that meeting, as well as an update on COVID-19 related matters.  Company Update SBM Offshore’s priority is the health and safety of its...

Completion 2020 Share Repurchase Program

SBM Offshore reports that it has completed its EUR150 million 2020 share repurchase program. Between February 13, 2020 and April 3, 2020 a total of 12,094,623 common shares were repurchased, at an average price of EUR12.40 per share. Further...

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...

SBM Offshore announces share repurchase

SBM Offshore is pleased to announce a EUR150 million (c. US$165 million) share repurchase program, effective from February 13, 2020. The objective of the program is to reduce share capital and, in addition, to provide shares for regular...

SBM Offshore 2019 Full Year Earnings

Guidance delivered, doubling dividend, share repurchase and backlog up 40% Highlights 2019 guidance delivered: Directional[1] revenue US$2,171 million; reported Directional EBITDA US$921 million Underlying[2] Directional EBITDA US$832...

SBM Offshore to nominate Supervisory Board members

SBM Offshore announces that during the Annual General Meeting of Shareholders to be held on April 8, 2020 (AGM), it will be proposed to appoint Andy Brown and Jaap van Wiechen as members of the Supervisory Board as per that date. During the AGM, it...