SBM Offshore News

Shell’s 4D optimizes Brazil waterflood project

Aug 01, 2015

Shell’s second waterflood monitor survey offshore Brazil shows technical success. Jeannie Stell reports. SBM Offshore’s Espirito Santo FPSO can produce up to 100,000 bo/d and inject up to 75,000 b/d of water…

SBM updates FPSO status

Jul 22, 2015

In this video SBM Offshore shows an overview of the floating production and storage offloading (FPSO) units the company has been working on, including a tally of their current project and offerings.

Prelude turret reaches milestone

Jul 06, 2015

Drydocks World the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors marked a major milestone in successfully completing the world’s largest turret mooring system. At almost 100m-high, weighing more than 11…

OTC15: SBM Offshore introduces ARCA

May 06, 2015

SBM Offshore released this video demonstrating its new ARCA (articulated rod connecting arm) chain connector. The ARCA won accolades at this year’s Offshore Technology Conference’s Spotlight on Technology Awards. SBM Offshore was…

FPSO market to reach US$8.65 billion in 2015

Jun 11, 2015

The global capital spending on newbuild and converted floating production storage and offloading (FPSO) vessels could reach US$8.65 billion this year, according to consultancy firm Visiongain.  The largest spend will be focused on offshore…

Extending asset operational lifetimes

May 19, 2015

Aging offshore production systems and infrastructures can be given extended lifecycles with today’s creative methods of remediation, standardization, and preventative techniques, say a group of engineers presenting at the recently held Offshore Technology Conference in Houston…

Spotlight on the Gulf

May 01, 2015

Ultra-HPHT, other technologies advance despite oil price drop, but actual deployment in Gulf of Mexico could slow. Bruce Nichols puts it in perspective. Anadarko’s Lucius Truss Spar, located in 7100ft of water…

Eni starts production of Cinguvu off Angola

Apr 29, 2015

Italian energy company Eni started production two weeks ahead of schedule at the deep offshore Cinguvu oil field in the West Hub development project in Block 15/06 offshore Angola. The development is sited 350km northwest of Luanda and 130km west of Soyo…

OTC Spotlight Awards reward technological advances

Apr 29, 2015

This year’s OTC Spotlight Awards showcases innovation in offshore seismic, drilling, subsea operations, inspection, performance maintenance and monitoring, and more. Congratulations to the recipients!   MultiNode…

Bracing for bankruptcy

Mar 11, 2015

While most oil and gas operators and service companies are reducing expenses to keep costs down, some companies are beginning to falter due to financial distress. This month alone, two Houston-based companies, BPZ Energy (which trades under the name BPZ Resources) and Cal Dive International…

SBM able to weather oil price plummet

Dec 17, 2014

SBM Offshore CEO Bruno Chabas has said the firm is well positioned to weather the current down-turn in oil prices thanks to 90% of its backlog consisting of lease and operate income with dayrates not dependent on oil prices or production levels…

SBM poaches Technip exec

Jan 30, 2015

Technip's president and chief operating officer (COO) is joining Netherlands-based floating production specialists SBM Offshore as COO. Philippe Barril (pictured) will start on 1 March. Barril had joined Technip five years ago and had been named president and COO in January last year…

SBM to cut 1200 jobs

Dec 11, 2014

Floating production and mooring specialists SBM Offshore is cutting 1200 jobs and relocating its headquarters from Monaco to Amsterdam, the firm announced this morning.  SBM said: 'In light of market conditions and in order to optimize the company's cost base…

Conversion work

Feb 04, 2015

Alan Thorpe recently paid a visit to Singapore’s shipyards. He gives a rundown of some of the current floating production and storage unit conversions underway in Singapore and in Malaysia. The…

N'Goma now formally on hire

Jan 15, 2015

The N'Goma FPSO is now on hire to Eni after achieving a 72-hour continuous production test in early December and receiving a Production Readiness Notice (PRN). The N’Goma FPSO is operating on the West Hub, on Block 15/06 offshore Angola…

Current News

Shell Greenlights Waterflood Project to Bolster Production in Gulf of America

Shell Greenlights Waterflood P

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Dräger to Supply Gas Detection, Monitoring Tech to North Sea Operator

Dräger to Supply Gas Detection

NKT Expands Swedish Cable Accessories Plant Amid Rising Demand

NKT Expands Swedish Cable Acce

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