Press Releases

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FPSO Liza Destiny producing and on hire

SBM Offshore is pleased to announce that FPSO Liza Destiny has produced first oil as of December 20, 2019 and is formally on hire. The FPSO is installed at the Liza field, which is located circa 200 kilometers offshore Guyana in the...

SBM Offshore divests minority interest in FPSO Sepetiba project

Following the announcement on December 11, 2019, with respect to the contract signature for FPSO Sepetiba, SBM Offshore is pleased to announce that it has entered into a shareholder agreement with its long standing business partners Mitsubishi...

SBM Offshore signs FPSO Sepetiba contracts

SBM Offshore is pleased to announce it has signed contracts with Petróleo Brasileiro S.A. (Petrobras) for the 22.5 years lease and operation of FPSO Sepetiba (formerly known as Mero 2). These contracts follow the signing of the binding Letter of...

Floris Deckers to retire as Chairman of the Supervisory Board

At the Annual General Meeting (AGM) of April 8, 2020 Floris Deckers will retire as Chairman of the Supervisory Board after having completed the maximum 12 years of service. It is the intention of the Supervisory Board to appoint Roeland Baan as...

SBM Offshore optimizes FPSO N’Goma project loan

SBM Offshore is pleased to announce the closure of a supplemental non-recourse project loan facility of US$250 million. The facility is related to the entity Sonasing Xikomba Ltd., which owns the FPSO N’Goma operating offshore Angola. The total...
Fast4Ward® MPF

SBM Offshore orders two additional Fast4Ward® hulls, bringing the construction program to a total of five hulls

SBM Offshore is pleased to announce that it has signed contracts for the construction of the Company’s fourth and fifth hulls under its purchase program for Fast4Ward® new build multi-purpose hulls. The contracts were signed with Shanghai...

SBM Offshore and Constellation complete transaction regarding minority ownership in SBM Offshore operated FPSO companies

SBM Offshore and Constellation Oil Services Holding S.A. (“Constellation”) jointly confirm that they have successfully completed the transaction regarding the sale to SBM Offshore of Constellation’s equity ownership in the lease and operating...

SBM Offshore Third Quarter Trading Update

Highlights Increase in full year Directional[1] EBITDA guidance to around US$800 million Increase in full year Directional Revenue guidance to around US$2.1 billion Year-to-date Directional revenue at US$1,470 million Projects...

SBM Offshore Awarded Contracts for ExxonMobil’s Third FPSO in Guyana 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 Floating Production, Storage and...

SBM Offshore successful bidder for partner’s minority ownership in SBM Offshore operated FPSO companies

Further to the announcement dated September 30, 2019 confirming its participation in the public sale auction of the equity ownership of Serviços de Petróleo Constellation S.A. (“Constellation”) in the lease and operating companies related to...
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