SBM Offshore

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SBM Offshore N.V.
Type Naamloze vennootschap
Traded as EuronextSBMO
Industry Petroleum industry
Founded 1965
Headquarters Schiedam, Netherlands
Key people Bruno Chabas (CEO), Heinz Rothermund (Chairman of the supervisory board)
Products FSO and FPSO units, tension leg platforms, other offshore facilities
Revenue US $3.157 billion (2011)[1]
Operating income US $(340.6) million (2011)[1]
Profit US $(440.6) million (2011)[1]
Total assets US $5.290 billion (end 2011)[1]
Total equity US $1.349 billion (end 2011)[1]
Employees 6,220 (end 2011)[1]
Website www.sbmoffshore.com

SBM Offshore N.V. (IHC Caland N.V. prior to July 2005) is a Dutch-based global group of companies selling systems and services to the offshore oil and gas industry. Its constituent companies started their offshore activities in the early 1950s and SBM subsequently became a pioneer in single point mooring (SPM) systems.[2] The firm leases and operates Floating Production Storage and Offloading vessels, and is involved in the design and engineering, the construction, the installation, the operation and the life extension of floating production solutions for the offshore Oils and Gas industry. It is a main board listed company on the Euronext Amsterdam stock exchange and has been a member of the AEX index since 2003.

Operations[edit]

The company was the first to offer an integrated oil and gas production service through the investment in a Floating Production Storage and Offloading (FPSO) unit. The lease and operation of FPSOs has become a large component of the company's activity and SBM Offshore now owns and operates the world's largest fleet.[3] Other activities include design and engineering, turnkey supply, and specialised services such as maintenance and offshore installation. The most recent addition to the product line is midscale LNG (liquefied natural gas) FPSOs for a capacity in the range of 1 and 2 MTPA (Million Tonne Per Annum) with Nitrogen expansion liquefaction technlogy, developed in collaboration with The Linde Group.[4]

The firm operates from four main execution centres: the global headquarters in Schiedam, Monaco, Kuala Lumpur, and Houston. The company employs over 8,000 individuals worldwide.

On 18 August 2009, SBM Offshore announced the signing of a framework agreement with Shell for the supply of turret mooring systems for Shell's floating liquified natural gas (FLNG) project. The deal covers the supply of turret mooring systems for a period of up to 15 years. The 3.5-million-tonne-per-annum FLNG facility will produce liquefied natural gas offshore and will be moored with an internal and permanently connected freely weather-vaning turret mooring system. SBM Offshore said the turret mooring system is expected to be the largest in terms of diameter with capability to handle mooring loads in excess of current systems.

Group companies[edit]

  • LMC Holding Inc. S.A
  • Single Buoy Moorings Inc., Monaco
  • LMC Atlantia Inc., Houston
  • SBM Schiedam B.V.
  • SBM Malaysia Sdn. Bhd., Kuala Lumpur
  • SBM Production Contractors Inc., Monaco

In November 2012 SBM sold offshore design company GustoMSC B.V. in Schiedam, the Netherlands, to investment firm Parcom Capital, a subsidiary of ING Group Capital.

FPSOs[edit]

  • Aseng FPSO
  • Brasil FPSO
  • Capixaba FPSO
  • Cidade de Anchieta FPSO
  • Cidade de Ilhabela FPSO (under construction)
  • Cidade de Paraty FPSO
  • Espirito Santo BC-10 FPSO
  • Falcon FPSO
  • Kikeh FPSO
  • Kuito FPSO
  • Marlim Sul FPSO
  • Mondo FPSO
  • P-57 FPSO
  • Saxi-Batuque FPSO
  • Serpentina FPSO
  • Stones FPSO (contract award)
  • Cidade de Marica FPSO (under construction)
  • Xikomba FPSO (under life extension program to be redeployed as FPSO N'Goma)
  • Cidade de Saquarema FPSO (under construction)

Vessels[edit]

  • Deep Water Installation Vessel - Normand Installer
  • Diving Support and Construction Vessel - SBM Installer
  • DSV Dynamic Installer (Sold in 2012)

See also[edit]

References[edit]

  1. ^ a b c d e f "Annual Report 2011". SBM Offshore. Retrieved 1 April 2012. 
  2. ^ Cohen, M.L. (2006). "IHC Caland N.V.". International Directory of Company Histories. The Gale Group. Retrieved 2008-12-27. 
  3. ^ Crofts, Dale (11 November 2008). "SBM Offshore Is Likely to Win $69 Million Petrobras Buoy Order". Bloomberg. Retrieved 2008-12-27. 
  4. ^ "SBM Offshore has been pioneering the development of the FLNG (or LNG FPSO) for a number of years. This new technology is now gaining wide acceptance, and the first FLNG project was sanctioned in 2011.". SBM Offshore. 26 March 2013. Retrieved 2013-03-26. 

External links[edit]