AMSTERDAM, July 3 (Reuters) – Dutch marine engineer SBM Offshore has won a contract to supply a new production vessel for oil major Exxon Mobil in Guyana, setting its shares...

Netherlands-based offshore company SBM Offshore and its U.S. subsidiary SBM Offshore USA have reached an agreement to pay a criminal penalty of $238 million to resolve criminal charges in the...

Feb 8 (Reuters) – SBM Offshore expects 2017 revenue to fall 15 percent as the world’s top oil production ship leasing company said it sees early signs of stabilisation in the offshore...

By Alan Charlish Aug 10 (Reuters) – SBM Offshore’s first-half results lagged analysts’ expectations on Wednesday as challenging conditions persisted in the oil industry and the Dutch oil services company...

By Elco van Groningen (Bloomberg) — SBM Offshore NV, a Dutch oil-services provider, rose the most in nine months in Amsterdam trading after reaching a leniency deal with Brazilian authorities...

By Anthony Deutsch AMSTERDAM, Feb 10 (Reuters) – SBM Offshore, the world’s top oil production ship leasing company, said on Wednesday that U.S. authorities had re-opened an inquiry into bribery...

RIO DE JANEIRO, Dec 17 (Reuters) – Brazilian prosecutors on Thursday charged 12 people with a bribery scheme involving Dutch firm SBM Offshore NV, the world’s top leaser of oil...

SBM Offshore said on Thursday it was cutting 300 jobs in addition to the 1,200 redundancies it announced last year, saying the low oil price had led clients to postpone investment decisions.

SBM Offshore said on Thursday it was cutting 300 jobs in addition to the 1,200 redundancies it announced last year, saying the low oil price had led clients to postpone investment decisions.

Anchoring a floating production facility such as an FPSO in deep water is not a trivial thing to do by any means considering the vessel has to remain there firmly...

SBM Offshore announced today approximately 600 contractor staff and an equal number of permanent staff will be laid off over the next year. Chief Executive Bruno Chabas commented in an emailed...

Brazil’s biggest money laundering and corruption scandal just got bigger with a high-level executive’s pledge to return $100 million and testify against colleagues including his former boss at state-run Petroleo Brasileiro SA.

SBM Offshore announced today they have sold their new Diving Support and Construction Vessel (DSCV) SBM Installer for US$150 million in cash, however it’s not exactly going far.  The vessel...

Monoco-based single point mooring and offshore engineering specialist SBM Offshore is bringing back their Imodco brand under which their CALM (Catenary Anchor Leg Mooring) Terminal business will now reside.  This business...

The FPSO Cidade de Ilhabela sailed away from the Niteroi-Rio based Brasa shipyard yesterday, enroute to block BM-S-9 at the Sapinhoá Field offshore Brazil to fulfill a 20-year contract for Petrobras (45%),...

She was once the FPSO Xikomba, and prior to that she was known as the tanker Mosocean, and prior still as ESSO Bonn, a crude oil tanker owned by Exxon.  As of last week...

Profit at Petrobras, Brazil's state-led oil company, could be reduced by $15 billion between 2014 and 2018 if it had to suspend oil platform contracts with Holland's SBM Offshore NV

The word swivel probably doesn’t conjure up an image in your head of something amazing or all that interesting, however for those that work on, or operate ship-shaped floating production...

The use of the word "bribe" makes it seem like some sort of shady, awkward proposal made in the corner of a dimly lit room. There must be a better word for it in West Africa...

After a 10,625 nautical mile voyage from China, SBM Offshore’s Floating Production Storage and Offloading (FPSO) vessel Cidade de Ilhabela berthed safely at the Niteroi-Rio based Brasa yard this past Sunday. SBM...