SBM Offshore inks Petrobras FPSO bid

December 16, 2015

Amsterdam-based SBM Offshore announced that it received from Petrobras the formal invitation to tender for the Sépia and Libra FPSOs (floating production, storage and offloading), as referenced in the company’s Q3 trading update of 11 November, 2015. 

SBM Offshore will now apply its normal tender review process.  Awarding of new contracts by Petrobras to SBM Offshore remains conditional upon the conclusion of a settlement agreement between SBM Offshore and the Brazilian authorities in the compliance investigation.

SBM Offshore provides floating production solutions to the offshore energy industry, over the full product life-cycle.  SBM Offshore has leased floating production systems with multiple units currently in operation and has operational experience in this field.  The group’s main activities are the design, supply, installation, operation and the life extension of FPSO vessels.  These are either owned and operated by SBM Offshore and leased to its clients or supplied on a turnkey sale basis.

The group companies employ over 9000 people worldwide.  Full time group employees totaling 5700 are spread over four regional centers, 11 operational shore bases and the offshore fleet of vessels.  A further 3300 are working for the joint ventures with several construction yards.  



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