Deep Panuke

SBM Offshore Third Quarter 2022 Trading Update

Retrieved on: 
Thursday, November 10, 2022
COO, Quarantine, CET, Investment, Dry, Memorandum of understanding, MPF, Deep Panuke, Technology, Q&A, COVID-19, Lease, Interest, ExxonMobil, Prosperity, Solution, Safety, FPSO, Operate, SBM Offshore, Company, SBM, CFO, Conference, EPCI, Growth, CEO, Airline, Risk management, Renewable energy, Shipbuilding, Medical device, Turnkey

Project teams are working closely with client teams and contractors in seeking to mitigate the impacts on projects execution.

Key Points: 
  • Project teams are working closely with client teams and contractors in seeking to mitigate the impacts on projects execution.
  • SBM Offshore has scheduled a conference call, which will be followed by a Q&A session, to discuss the Third Quarter 2022 Trading Update.
  • Interested parties are invited to register prior to the call using the link: Third Quarter 2022 Trading Update Conference Call
    Please note that the conference call can only be accessed with a personal identification code, which is sent to you by email after completion of the registration.
  • SBM Offshore designs, builds, installs and operates offshore floating facilities for the offshore energy industry.

SBM Offshore Third Quarter Trading Update

Retrieved on: 
Thursday, November 11, 2021
Destiny, Agreement, Economic development, SBM, Project finance, SBM Offshore, Framework agreement, COO, Health, Parent company guarantee, Uptime, Deep Panuke, CEO, MPF, Investment, Growth, COVID-19, Face, FPSO, Annual report, Fatigue, Operate, CFO, Hong Kong Export Credit Insurance Corporation, EBITDA, Travel, Company, Quarantine, Solution, CET, Q&A, Interest, Prosperity, Animal, Renewable energy, Financial services, Risk management, Airline, Shipbuilding

On October 20, 2021, China Export and Credit Insurance Corporation (Sinosure) and SBM Offshore signed a Framework Agreement.

Key Points: 
  • On October 20, 2021, China Export and Credit Insurance Corporation (Sinosure) and SBM Offshore signed a Framework Agreement.
  • SBM Offshore has scheduled a conference call, which will be followed by a Q&A session, to discuss the Third Quarter 2021 Trading Update.
  • SBM Offshore N.V. is a listed holding company headquartered in Amsterdam, the Netherlands.
  • Where references are made to SBM Offshore N.V. and /or its subsidiaries in general, or where no useful purpose is served by identifying the particular company or companies SBM Offshore or the Company are sometimes used for convenience.

SBM Offshore Half Year 2021 Earnings

Retrieved on: 
Thursday, August 5, 2021
Destiny, Company, Chief executive officer, Wind, Investment, Webcast, Solution, Maintenance, Earnings before interest, taxes, depreciation and amortization, Technology, Crown Estate, Share repurchase, Floater, Crown, Electricity, COVID-19, Celtic Sea, Sepetiba, MPF, Intention, Q&A, COO, Operate, Lease, Direction, CEST, Deep Panuke, SBM, Interest, Floating production storage and offloading, SBM Offshore, Chief financial officer, Construction, Renewable energy, Animal, Broadcasting

SBM Offshore has taken a position as co-developer in floating offshore wind projects with the establishment of the joint venture Floventis Energy, a newly established joint venture between SBM Offshore and Cierco Ltd. Floventis Energy seeks to secure seabed rights and relevant permits, to develop and implement state-of-the-art technologies for floating offshore wind activities.

Key Points: 
  • SBM Offshore has taken a position as co-developer in floating offshore wind projects with the establishment of the joint venture Floventis Energy, a newly established joint venture between SBM Offshore and Cierco Ltd. Floventis Energy seeks to secure seabed rights and relevant permits, to develop and implement state-of-the-art technologies for floating offshore wind activities.
  • SBM Offshore has scheduled a conference call together with a webcast, which will be followed by a Q&A session, to discuss the 2021 Half Year Earnings release.
  • SBM Offshore N.V. is a listed holding company headquartered in Amsterdam, the Netherlands.
  • Where references are made to SBM Offshore N.V. and /or its subsidiaries in general, or where no useful purpose is served by identifying the particular company or companies SBM Offshore or the Company are sometimes used for convenience.

SBM Offshore First Quarter Trading Update

Retrieved on: 
Wednesday, May 12, 2021
Petroleum industry, SBM Offshore, Schiedam, Floating production storage and offloading, Deep Panuke, Energy, SBM

b'Underlying Directional revenues for the first quarter of the year came in at US$536 million compared with US$607 million in the first quarter of 2020.

Key Points: 
  • b'Underlying Directional revenues for the first quarter of the year came in at US$536 million compared with US$607 million in the first quarter of 2020.
  • Generally, SBM Offshore does not report Turnkey revenues on Lease and Operate projects that are 100% owned, such as the FPSOs Liza Unity, Prosperity and currently the FPSO Almirante Tamandar\xc3\xa9.
  • Please refer to Post-Period Events section for an update on the Deep Panuke contract.\nCompared with year-end 2020, net debt as at the end of the first quarter increased by c. US$200 million to US$4.3 billion.
  • While Lease and Operate continues to generate strong operating cash flow, with four major projects under construction, SBM Offshore continues to invest in growth.\nConstruction activities for SBM Offshore\xe2\x80\x99s major projects continue to face challenges related to the pandemic.