Press Releases

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Update on Lease and Operate backlog

SBM Offshore reports a contractual lease extension for FPSO Espirito Santo in Brazil and expects a potential increase in the lease duration for FPSOs in Guyana. SBM Offshore will present an updated pro-forma backlog, taking into account the most...

Changes in Supervisory Board

Mrs. Laurence Mulliez and Mr. Andy Brown will step down from the Supervisory Board. After serving 6 years on the Supervisory Board, Mrs. Laurence Mulliez announced that she will step down at the time of the General Shareholder meeting on April 7,...

Update on Legacy

The Deferred Prosecution Agreement SBM Offshore signed with the United States Department of Justice on November 29, 2017 includes, among other things, an obligation to report on the status of the Company’s compliance program. The Company confirms...

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...
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