Press Releases

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SBM Offshore Third Quarter Trading Update

Highlights 2020 Directional[1] EBITDA guidance increased from above US$900 million to around US$950 million despite challenging environment 2020 Directional revenue guidance maintained at around US$2.3 billion Renewable energy: Floating...

SBM Offshore awarded contracts for ExxonMobil FPSO Prosperity

SBM Offshore is pleased to announce that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the next phase of the Payara development project located in the...

SBM Offshore confirms contract negotiation for Petrobras FPSO

As announced today by Petrobras, SBM Offshore confirms it has entered into negotiations with Petrobras for a charter contract for the FPSO Almirante Tamandaré which will operate in the Buzios field which is part of the Santos basin, offshore...

SBM Offshore prepares for sale DSCV SBM Installer

SBM Offshore is the long-term charterer of the diving support and construction vessel (DSCV) SBM Installer under a contract ending in 2026. The Company has 25% equity ownership in the entity holding the vessel, OS Installer Limited (OSI). The vessel...

SBM Offshore Half Year 2020 Earnings

On target despite global disruption Highlights Effective response to COVID-19 and oil price crises Successfully maintaining focus on health and safety of staff and business continuity Adapting the organization to ensure flexibility,...

SBM Offshore completes US$600 million bridge loan for FPSO Sepetiba

SBM Offshore is pleased to announce the closure of a US$600 million bridge loan facility for the financing of the construction of FPSO Sepetiba. The facility was secured by the special purpose company owning FPSO Sepetiba and was agreed with a...

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...
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