Tuesday, July 3, 2018
Maritime News

SBM Offshore Wins Order for New Exxon Mobil FPSO

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...

July 3, 2018
Total Views: 3

Thursday, November 30, 2017
Offshore News

SBM Offshore to Pay $238 Million in Bribery Case Spanning Five Countries

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...

November 30, 2017
Total Views: 7

Wednesday, February 8, 2017
News

SBM Offshore Expects Revenue to Fall for Third Straight Year

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...

February 8, 2017
Total Views: 0

Wednesday, August 10, 2016
Brasa shipyard FPSO Cidade de Ilhabela
Maritime News

SBM Offshore Axing More Jobs Due to Weak Oil

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...

August 10, 2016
Total Views: 16

Monday, July 18, 2016
News

SBM Offshore Reaches Leniency Deal in Brazil

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...

July 18, 2016
Total Views: 0

Wednesday, February 10, 2016
News

SBM Offshore Says U.S. Re-Opens Bribery Probe

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...

February 10, 2016
Total Views: 2

Thursday, December 17, 2015
News

Brazil Charges 12 in SBM Offshore Bribery Scheme

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...

December 17, 2015
Total Views: 0

Thursday, May 7, 2015
News

SBM Offshore to Cut 300 More Jobs

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.

May 7, 2015
Total Views: 0

News

SBM Offshore to Cut 300 More Jobs

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.

May 7, 2015
Total Views: 0

Monday, May 4, 2015
ARCA chain connector
News

SBM Offshore’s Super Special Chain Connector

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...

May 4, 2015
Total Views: 33

Thursday, December 11, 2014
sbm offshore
News

SBM Offshore Announces Layoffs, Relocation of HQ

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...

December 11, 2014
Total Views: 6

Wednesday, December 3, 2014
bribery money laundering corruption
News

Petrobras’s $100 Million Man Tops Graft Haul in Corruption Probe

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.

December 3, 2014
Total Views: 20

Monday, December 1, 2014
News

SBM Installer Sold, Long Term Charter Signed

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...

December 1, 2014
Total Views: 13

Monday, October 20, 2014
calm buoy sbm offshore
News

SBM Offshore Brings Back Imodco Brand

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...

October 20, 2014
Total Views: 56

Tuesday, September 16, 2014
FPSO Cidade de Ilhabela sbm offshore
News

SPOTD: FPSO Cidade de Ilhabela Departs Brasa

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%),...

September 16, 2014
Total Views: 4

Tuesday, July 22, 2014
N’Goma FPSO Paenal shipyard Angola
News

After 3-Year Refit, FPSO N’Goma Installation Underway Offshore Angola

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...

July 22, 2014
Total Views: 19

Monday, July 7, 2014
Brasa shipyard FPSO Cidade de Ilhabela
News

Petrobras Says End of SBM Contracts Could Cut Profit by $15 Billion

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

July 7, 2014
Total Views: 0

Thursday, May 8, 2014
FPSO Turritella sbm offshore stones
News

Enabling Production from the Lower Tertiary: SBM Offshore’s Very High Pressure Swivel

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...

May 8, 2014
Total Views: 57

Wednesday, April 2, 2014
FPSO Cidade de Paraty sbm offshore
News

SBM Offshore Says Agents May Have Bribed Officials In Africa

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...

April 2, 2014
Total Views: 24

Tuesday, January 14, 2014
Brasa shipyard FPSO Cidade de Ilhabela
News

FPSO Cidade de Ilhabela Arrives in Brazil for Topsides Integration

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...

January 14, 2014
Total Views: 15