|Traded as||Euronext: SBMO|
|Bruno Chabas (CEO), Frans Cremers (Chairman of the supervisory board)|
|Products||FSO and FPSO units, tension leg platforms, other offshore facilities|
|Revenue||US $2.240 billion (2018)|
|US $212 million (2018)|
|Total assets||US $10 billion (end 2018)|
Number of employees
|4,740 (end 2018)|
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. 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. It has been engulfed by a massive corruption scandal in Brazil, where it bribed officials in the state oil company Petrobras in order to secure contracts. SBM Offshore has avoided criminal prosecution in the Netherlands by paying a record settlement of $240 million to the Dutch Public prosecutor 'While in Brazil the Petrobras corruption affair — and SBM Offshore’s major role in it — is inexorably building to a climax, the temperature in Netherlands appears to have dropped after a record settlement was reached with the Dutch Public Prosecutor (OM) in November last year. The biggest corruption case in the Dutch history was bought off by SBM for a record $240 million in exchange for which no court case followed and no admission of guilt was entered. To the OM it was important the company had implemented major reforms to prevent re-offending. "We are now a white swan in a pitch-black sea," said a relieved and proud SBM director Sietse Hepkema in an interview with leading Dutch newspaper NRC Handelsblad last December. The man hired to clean up the company said he didn’t expect further fines in Brazil. "I really think we paid our dues, "he said. And "I refuse to be Brazil’s smelly kid in the classroom."' In order to be able to take part in Petrobras contracts in the future, SBM has also agreed to a R$1 billion settlement with the Brazilian government. Nevertheless, many of SBM's executives still face criminal charges in Brazil.
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. 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 technology, developed in collaboration with The Linde Group.
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.
- LMC Atlantia Inc., Houston
- LMC Holding Inc. S.A
- SBM Schiedam B.V.
- SBM Malaysia Sdn. Bhd., Kuala Lumpur
- SBM Production Contractors Inc., Monaco
- Single Buoy Moorings 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.
- Aseng FPSO
- Brasil FPSO
- Capixaba FPSO
- Cidade de Anchieta FPSO
- Cidade de Ilhabela FPSO
- Cidade de Marica FPSO
- Cidade de Paraty FPSO
- Cidade de Saquarema FPSO
- Falcon FPSO
- Kikeh FPSO
- Kuito FPSO
- Marlim Sul FPSO
- Mondo FPSO
- P-57 FPSO
- Saxi-Batuque FPSO
- Serpentina FPSO
- Turritella FPSO
- Xikomba FPSO (under life extension program to be redeployed as FPSO N'Goma)
- Deep Water Installation Vessel - Normand Installer
- Diving Support and Construction Vessel - SBM Installer
- DSV Dynamic Installer (Sold in 2012)
- Yme field — MOPU STOR
- "SBM Offshore 2018 Overview" (PDF). SBMOffshore.com. Retrieved July 26, 2019.
- Cohen, M.L. (2006). "IHC Caland N.V.". International Directory of Company Histories. The Gale Group. Retrieved 2008-12-27.
- "SBM Offshore: Bribery in Brazil - Vrij Nederland". 26 June 2015.
- "Empresa holandesa SBM pagará R$ 1 bilhão à Petrobras". 6 October 2015.
- Davies, Harry (1 January 2016). "Rolls-Royce faces new questions in Brazil corruption investigation". the Guardian.
- Crofts, Dale (11 November 2008). "SBM Offshore Is Likely to Win $69 Million Petrobras Buoy Order". Bloomberg. Retrieved 2008-12-27.
- "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.
- "SBM Offshore - Petro Global News". petroglobalnews.com.
- Davies, Harry (27 September 2015). "Rolls-Royce faces second investigation in Brazil corruption scandal". the Guardian.
- Davies, Harry (20 March 2015). "Petrobras scandal project received hundreds of millions from UK taxpayers". the Guardian.
- Davies, Harry (30 August 2015). "Rolls-Royce cooperating with Brazilian investigation into Petrobras bribery". the Guardian.
- Davies, Harry (30 July 2015). the Guardian https://www.theguardian.com/world/20. Missing or empty