SBM Offshore received a formal invitation from Brazilian giant Petróleo Brasileiro (Petrobras) to tender for the Sépia and Libra floating production storage and offloading units (FPSOs). Brasa shipyard…
Global FPSO orders have fallen off a cliff in 2015. But, SBM Offshore is weathering the storm and there’s more to the company than FPSOs, says its Schiedam managing director. Saskia Kunst, Managing Director of SBM Offshore’s Dutch base in Schiedam…
SBM Offshore has divested a 45% stake in the FPSO Turritella to Mitsubishi Corp. (MC) and Nippon Yusen Kabushiki Kaisha (NYK Line). MC purchased 30% stake and NYK Line purchased 15% stake in the joint venture companies incorporated for the purpose of owning and operating the vessel…
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 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…
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…
Watch as Eni shows the journey of the N’Goma FPSO as it sails away from Singapore and arrives at the Paenal yard for module lifting. SBM Offshore discussed the makings of its Paenal Shipyard in OE's October 2014 issue. The vessel…
SBM Offshore is selling its DSCV SBM Installer, a diving support and construction vessel (DSCV) to joint venture OS Installer AS for US$150 million in cash. The SBM Installer. From SBM Offshore. Both…
Dutch floating platform leaser SBM Offshore NV will not participate in the upcoming Petrobras Tartaruga Verde and Libra tenders, the company announced 12 June, adding that the decision resulted from conversations held between the two giants on 28 May…
EnergyMakers' Russ Capper interviews SBM Offshore's Group Technology Director Michael Wyllie about the company's very high pressure (VHP) fluid swivel technology. The swivel earned SBM Offshore a Spotlight award at the 2014 Offshore Technology Conference in Houston…
Keppel Shipyard Ltd (Keppel Shipyard) has secured two FPSO conversion contracts worth a combined value of S$190 million (US$154.54 million). The contracts are from SBM Offshore N.V. (SBM Offshore) and M3nergy Offshore Ltd. (M3nergy Offshore)…
SBM Offshore is pleased to announce that it has received a Letter of Intent (LOI) for the twenty year charter and operation of two (2) FPSOs from BM-S-11 subsidiary Tupi BV on 22 March 2013.The FPSOs will be deployed at the Lula field in the pre-salt province offshore Brazil…
Leased floating production firm SBM Offshore has agreed a $470million settlement deal with operator Talisman which will see the troubled Yme platform scrapped.Completion of the mobile offshore production unit (MOPU) had suffered delays after…
SBM Offshore has agreed to the sale and transfer of GustoMSC to private equity group Parcom Capital for a consideration of approximately $185 million, to be paid in cash at closing. The sale is a first step in the divestment of some $400 million worth of non-core assets announced this summer…
SBM Offshore has signed a commercial development agreement with modular gas to liquid solutions provider CompactGTL to work exclusively together on the marketing and execution of projects involving associated gas challenges for offshore oil fields…
Subscribe
