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SBM Offshore NV

Company Summary

Description

SBM Offshore N.V. is a listed holding company that is headquartered in Amsterdam. It holds direct and indirect interests in other companies that collectively with SBM Offshore N.V. form the SBM Offshore Group (“the Company”).

SBM Offshore provides floating production solutions to the offshore energy industry, over the full product lifecycle. The Company is market leading in leased floating production systems delivered to date, with multiple units currently in operation and has unrivalled operational experience in this field. The Company’s main activities are the design, supply, installation, operation and the life extension of floating production solutions for the offshore energy industry.

As of December 31, 2018, Group companies employ approximately 4,350 people worldwide, including circa 650 contractors, which are spread over offices in key markets, operational shore bases and the offshore fleet of vessels. Group Companies employ a further 400 people, working for the joint ventures with two construction yards.

Website

https://www.sbmoffshore.com

Related Entities

Recent news

  • 3/23/2022 - SBM Offshore Diversifies... (subscriber access)
  • 12/20/2021 - SBM Offshore Secures... (subscriber access)
  • 11/30/2021 - SBM Offshore Signs... (subscriber access)
  • 6/28/2021 - SBM Offshore Closes on... (subscriber access)
  • 10/1/2020 - SBM Offshore Awarded... (subscriber access)

Company Transactions

Date: 10/18/2019
Type: Acquisition

BUYERS:
  • SBM Offshore NV
  • DETAILS:

    COST: 150 $MM

    NOTES:
    SBM Offshore has been the designated winning bidder in an auction for minority ownership of Serviços de Petróleo Constellation S.A. (Constellation) at a cost of $150 million. The firm will be involved in lease and operations for five Brazilian FPSO's.
    REGIONS:
  • South America
  • Date: 1/15/2018
    Type: Acquisition

    NOTES:
    Shell will purchase the Turritella FPSO for $1 billion.
    REGIONS:
  • Gulf of Mexico