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…
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…
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…
Alan Thorpe recently paid a visit to Singapore’s shipyards. He gives a rundown of some of the current floating production and storage unit conversions underway in Singapore and in Malaysia. The…
The N'Goma FPSO is now on hire to Eni after achieving a 72-hour continuous production test in early December and receiving a Production Readiness Notice (PRN). The N’Goma FPSO is operating on the West Hub, on Block 15/06 offshore Angola…
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…
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 launching two companies, Imodco Terminals S.A. and Imodco Services S.A., to meet challenges of the CALM Terminals and after sales services. Building upon SBM’s terminals technology, the two new companies will operate independently from the rest of SBM Offshore…
Italian giant Eni began production of first oil from its West Hub Development project in Block 15/06, offshore Angola. N’Goma. From SBM Offshore. Block 15/06 covers about 2984sq km…
Petrobras hit first oil with the floating production and storage offloading unit (FPSO) Cidade de Ilhabela in the Sapinhoá field in the pre-salt Santos basin, offshore Brazil. Cidade de Ilhabela. From BG Group…
SBM Offshore discusses some of the company’s developing technologies and how it is working toward unlocking reserves in the Gulf of Mexico. Exploration for fields further offshore and in deeper waters is leading to the development of more complex reservoirs…
Noble Energy awarded Dutch services provider SBM Offshore a contract for the Big Bend and Dantzler fields in the Gulf of Mexico. Thunder Hawk from SBM Offshore The two companies signed a…
SBM Offshore’s Paula Farquharson-Blengino provides an inside look at the company’s Angola shipyard, a joint venture between partners Sonangol and DSME. Paenal is the first yard in West Africa with the capacity to facilitate mega FPSO vessels…
Stein Rasmussen, SBM Offshore’s new managing director of the Houston execution center, says he had a natural affinity with water since he was a child growing up in Norway. It’s fitting since he has spent his entire career working with floaters at companies such as Technip…
SBM Offshore is using the TrustLube automatic lubrication system for Shell’s Prelude. According to TrustLube, its system consists of an explosion-proof grease cabinet to lubricate the radial wheel, axial boogie and axial boogie guiding of the world’s largest turret…
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