The Offshore Technology Conference (OTC), which takes place May 4-7 in Houston, has announced 17 technologies that will receive the Spotlight on New Technology SM Award. The 2015 awards will be presented May 4, in the NRG Center Rotunda Lobby…
SBM Offshore is pleased to announce the appointment of Philippe Barril as Chief Operating Officer (COO) effective March 1, 2015. Philippe's appointment as a member of the Management Board is subject to approval at the Annual General Meeting of Shareholders to be held on April 15…
Impact of $50 oil and Petrobras implosion on contracting in the floating production sector The drop in oil/gas prices and ongoing implosion in Petrobras have combined to create a perfect storm in the deepwater sector. More than 170 projects…
Dutch oil platform leasing company SBM Offshore is cutting 1,200 jobs, or slightly more than 11 percent of its global workforce, as part of a cost-saving programme.The company, which settled a bribery case with Dutch prosecutors for a record $200 million payment last month…
Caterpillar Marine informed that its Cat® power and propulsion solutions have been selected to power four AHTS vessels for Grupo CBO, headquartered in Rio de Janeiro, Brazil. Each AHTS vessel will be equipped with 4 x 6 M 32 C propulsion…
SBM Offshore has entered into an agreement to sell the DSCV SBM Installer, a Diving Support and Construction Vessel (DSCV), to OS Installer AS for US$150 million in cash.OS Installer AS is a newly established joint venture between Ocean Yield ASA (75%) and SBM Offshore (25%)…
Van Oord has reached agreement on the acquisition of the activities of Ballast Nedam Offshore. The acquisition consists of the assets of Ballast Nedam Offshore, the dedicated EPCI staff (Engineering, Procurement, Contracting and Installation)…
SBM Offshore is pleased to announce FPSO Cidade de Ilhabela is formally on hire after achieving first oil and completing a 72 hour continuous production test leading to Production Acceptance Notice (PAN). The FPSO will operate under a twenty year charter and operate contract with Petrobras S…
With regards news reports involving SBM Offshore, Petrobras wishes to clarify the following:The company established an Internal Investigation Commission on February 13, 2014, the same day it became aware of the news about the alleged payment of bribes by SBM to Petrobras employees…
SBM Offshore today reached an out-of-court settlement ex Article 74 of the Dutch Criminal Code with the Dutch Public Prosecutor's Office (Openbaar Ministerie) over the inquiry into alleged improper payments. Furthermore, the United States…
Decom North Sea (DNS), the offshore oil and gas decommissioning forum, is hosting a “lunch and learn” event to give supply chain companies the opportunity to present their offshore decommissioning capabilities and encourage knowledge share among members…
North America’s energy revolution is starting to have a profound impact on the maritime and offshore sectors.North America is undergoing a gradual revolution in energy production, and the transformation has begun to have a profound impact on the maritime and offshore sectors…
Opportunities for Shipbuilders and Repair Yards In a Huge & Growing MarketSince the beginning of this year, orders have been placed for 17 floating production systems. The combined value of the fabrication contracts exceeds $16 billion.…
Bechtel, the global engineering, construction, and project management company, has created a revolutionary design for ports that could transform shipping in Africa. The Multi-User Offshore Hub is designed for two or more users and consists of an offshore…
Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced that Latin America Sales Manager, Juan Guarin, will present the EXMAR FLRSU project at the Offshore Colombia Forum on May 6.Wison Offshore & Marine was…
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