Press Releases

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SBM Offshore awarded Letter of Intent for FPSO Mero 2 lease and operate contracts by Petrobras

SBM Offshore is pleased to announce that it has signed a Letter of Intent (LOI) together with Petróleo Brasileiro S.A. (Petrobras) for a 22.5 years lease and operate of FPSO Mero 2, to be deployed at the Mero field in the Santos Basin offshore...

Completion 2019 Share Repurchase Program

SBM Offshore reports that it has completed its EUR175 million share repurchase program. Between February 14, 2019 and May 20, 2019 a total of 10,422,259 common shares were repurchased, at an average price of EUR16.79 per share. Further detailed...

SBM Offshore First Quarter Trading Update

Highlights Year-to-date Directional­­­­­­­­­­­­[1] revenue of US$456 million in line with expectation Award of second FPSO for Liza project in Guyana confirmed Third Fast4Ward™ hull ordered with a second yard Share...

SBM Offshore Awarded Contracts for ExxonMobil FPSO Liza Unity

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 Liza project in Guyana. Under these contracts,...

Annual General Meeting of Shareholders – 2019 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 10, 2019. These include the reappointments of Mr P.C. Barril and E. Lagendijk as members of the...

SBM Offshore to challenge AFM fine related to timing of disclosures between 2012 and 2014

The Dutch Autoriteit Financiële Markten (AFM) has informed the Company that it is of the opinion that certain public disclosures made by the Company in relation to the Company’s internal investigation into alleged improper sales practices prior...

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 proposes re-appointments Management Board and Supervisory Board

At the Company’s Annual General Meeting of Shareholders (“AGM”) on April 10, 2019, the first term of Philippe Barril as Management Board member and COO and Erik Lagendijk as Management Board member and CGCO expires. During the AGM it will be...

SBM Offshore announces share repurchase

SBM Offshore is pleased to announce a EUR175 million (c. US$200 million) share repurchase program, effective from February 14, 2019. The objective of the program is to reduce share capital and, in addition, to provide shares for regular...

SBM Offshore 2018 Full Year Earnings

Highlights 2018 Guidance delivered: Directional[1] revenue US$1,703 million; Underlying[2] Directional EBITDA US$784 million 2018 Directional EBITDA of US$995 million (including non-recurring items) Underlying 2018 Directional Profit...
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