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Yahoo
27-05-2025
- Business
- Yahoo
FPSO Alexandre de Gusmão producing and on hire
Amsterdam, May 27, 2025 SBM Offshore announces that FPSO Alexandre de Gusmão is formally on hire as of May 24, 2025 after achieving first oil and the completion of a 72-hour continuous production test leading to Final Acceptance. FPSO Alexandre de Gusmão has a processing capacity of 180,000 barrels of oil and 12 million m3 of gas per day. FPSO Alexandre de Gusmão is owned and operated by special purpose companies owned by affiliated companies of SBM Offshore (55%) and its partners (45%). The FPSO will operate under 22.5-year charter and operation services contracts with Petróleo Brasileiro S.A. (Petrobras). The FPSO is installed at the Mero unitized field located in the Santos Basin, approximately 160 kilometers offshore Rio de Janeiro in Brazil. The Mero unitized field is operated by Petrobras (38.6%), in partnership with Shell Brasil (19.3%), TotalEnergies (19.3%), CNPC (9.65%), CNOOC (9.65%) and Pré-sal Petróleo S.A. – PPSA (3.5%), representing the government in the non-contracted area. FPSO Alexandre de Gusmão follows the start-up of FPSO Almirante Tamandaré, which is on hire since February 16, 2025 and is the fifth Fast4Ward® FPSO entering operation. Corporate Profile SBM Offshore is the world's deepwater ocean-infrastructure expert. Through the design, construction, installation, and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more, we unlock new markets within the blue economy. More than 7,800 SBMers collaborate worldwide to deliver innovative solutions as a responsible partner towards a sustainable future, balancing ocean protection with further information, please visit our website at Financial Calendar Date Year Half Year 2025 Earnings August 7 2025 Third Quarter 2025 Trading Update November 13 2025 Full Year 2025 Earnings February 26 2026 Annual General Meeting April 15 2026 First Quarter 2026 Trading Update May 7 2026 For further information, please contact: Investor Relations Wouter HoltiesCorporate Finance & Investor Relations Manager Phone: +31 (0)20 236 32 36 E-mail: Website: Media Relations Giampaolo ArghittuHead of External Relations Phone: +31 (0)6 212 62 333 / +39 33 494 79 584 E-mail: Website: Market Abuse RegulationThis press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. DisclaimerSome of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. These statements may be identified by words such as 'expect', 'should', 'could', 'shall' and / or similar expressions. Such forward-looking statements are subject to various risks and uncertainties. The principal risks which could affect the future operations of SBM Offshore N.V. are described in the 'Impacts, Risks and Opportunities' section of the 2024 Annual Report. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company's business may vary materially and adversely from the forward-looking statements described in this release. SBM Offshore does not intend and does not assume any obligation to update any industry information or forward-looking statements set forth in this release to reflect new information, subsequent events or otherwise. This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS. Further information on these APMs is included in the 2024 Annual Report, available on our website Annual Reports - SBM Offshore. Nothing in this release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities. The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities. In this release 'SBM Offshore' and 'SBM' are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used where no useful purpose is served by identifying the particular company or companies. "SBM Offshore®", the SBM logomark, 'Fast4Ward®', 'emissionZERO®' and 'F4W®' are proprietary marks owned by SBM Offshore. Attachment FPSO Alexandre de Gusmao producing and on hire
Yahoo
27-05-2025
- Business
- Yahoo
FPSO Alexandre de Gusmão producing and on hire
Amsterdam, May 27, 2025 SBM Offshore announces that FPSO Alexandre de Gusmão is formally on hire as of May 24, 2025 after achieving first oil and the completion of a 72-hour continuous production test leading to Final Acceptance. FPSO Alexandre de Gusmão has a processing capacity of 180,000 barrels of oil and 12 million m3 of gas per day. FPSO Alexandre de Gusmão is owned and operated by special purpose companies owned by affiliated companies of SBM Offshore (55%) and its partners (45%). The FPSO will operate under 22.5-year charter and operation services contracts with Petróleo Brasileiro S.A. (Petrobras). The FPSO is installed at the Mero unitized field located in the Santos Basin, approximately 160 kilometers offshore Rio de Janeiro in Brazil. The Mero unitized field is operated by Petrobras (38.6%), in partnership with Shell Brasil (19.3%), TotalEnergies (19.3%), CNPC (9.65%), CNOOC (9.65%) and Pré-sal Petróleo S.A. – PPSA (3.5%), representing the government in the non-contracted area. FPSO Alexandre de Gusmão follows the start-up of FPSO Almirante Tamandaré, which is on hire since February 16, 2025 and is the fifth Fast4Ward® FPSO entering operation. Corporate Profile SBM Offshore is the world's deepwater ocean-infrastructure expert. Through the design, construction, installation, and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more, we unlock new markets within the blue economy. More than 7,800 SBMers collaborate worldwide to deliver innovative solutions as a responsible partner towards a sustainable future, balancing ocean protection with further information, please visit our website at Financial Calendar Date Year Half Year 2025 Earnings August 7 2025 Third Quarter 2025 Trading Update November 13 2025 Full Year 2025 Earnings February 26 2026 Annual General Meeting April 15 2026 First Quarter 2026 Trading Update May 7 2026 For further information, please contact: Investor Relations Wouter HoltiesCorporate Finance & Investor Relations Manager Phone: +31 (0)20 236 32 36 E-mail: Website: Media Relations Giampaolo ArghittuHead of External Relations Phone: +31 (0)6 212 62 333 / +39 33 494 79 584 E-mail: Website: Market Abuse RegulationThis press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. DisclaimerSome of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. These statements may be identified by words such as 'expect', 'should', 'could', 'shall' and / or similar expressions. Such forward-looking statements are subject to various risks and uncertainties. The principal risks which could affect the future operations of SBM Offshore N.V. are described in the 'Impacts, Risks and Opportunities' section of the 2024 Annual Report. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company's business may vary materially and adversely from the forward-looking statements described in this release. SBM Offshore does not intend and does not assume any obligation to update any industry information or forward-looking statements set forth in this release to reflect new information, subsequent events or otherwise. This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS. Further information on these APMs is included in the 2024 Annual Report, available on our website Annual Reports - SBM Offshore. Nothing in this release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities. The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities. In this release 'SBM Offshore' and 'SBM' are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used where no useful purpose is served by identifying the particular company or companies. "SBM Offshore®", the SBM logomark, 'Fast4Ward®', 'emissionZERO®' and 'F4W®' are proprietary marks owned by SBM Offshore. Attachment FPSO Alexandre de Gusmao producing and on hireError while retrieving data Sign in to access your portfolio Error while retrieving data
Yahoo
19-02-2025
- Business
- Yahoo
SBM Offshore announces changes in Supervisory Board
Amsterdam, February 19, 2025 SBM Offshore today announces that Bernard Bajolet has, for personal reasons, decided to step down as member of the Supervisory Board after the 2025 Annual General Meeting, following seven years of service. Bernard Bajolet will continue to be involved with the Company as advisor. Roeland Baan says: 'We thank Bernard Bajolet for the valuable contribution to the Company as Supervisory Board member and look forward to his continued involvement as advisor.' Corporate Profile SBM Offshore is the world's deepwater ocean-infrastructure expert. Through the design, construction, installation, and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more, we unlock new markets within the blue economy. More than 7,400 SBMers collaborate worldwide to deliver innovative solutions as a responsible partner towards a sustainable future, balancing ocean protection with further information, please visit our website at Financial Calendar Date Year Full Year 2024 EarningsFebruary 20 2025 Annual General MeetingApril 9 2025 First Quarter 2025 Trading UpdateMay 15 2025 Half Year 2025 EarningsAugust 7 2025 Third Quarter 2025 Trading UpdateNovember 13 2025 For further information, please contact: Investor Relations Wouter HoltiesCorporate Finance & Investor Relations Manager Phone: +31 (0)20 236 32 36 E-mail: Website: Media Relations Giampaolo ArghittuHead of External Relations Phone: +31 (0)6 212 62 333 / +39 33 494 79 584 E-mail: Website: Market Abuse RegulationThis press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. DisclaimerSome of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. These statements may be identified by words such as 'expect', 'should', 'could', 'shall' and similar expressions. Such forward-looking statements are subject to various risks and uncertainties. The principal risks which could affect the future operations of SBM Offshore N.V. are described in the 'Impact, Risk and Opportunity Management' section of the 2023 Annual one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company's business may vary materially and adversely from the forward-looking statements described in this release. SBM Offshore does not intend and does not assume any obligation to update any industry information or forward-looking statements set forth in this release to reflect new information, subsequent events or otherwise. This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS. Further information on these APMs is included in the Half-Year Management Report accompanying the Half Year Earnings 2024 report, available on our website in this release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities. The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities. In this release 'SBM Offshore' and 'SBM' are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used where no useful purpose is served by identifying the particular company or companies."SBM Offshore®", the SBM logomark, 'Fast4Ward®', 'emissionZERO®' and 'F4W®' are proprietary marks owned by SBM Offshore. Attachment SBM Offshore announces changes in Supervisory BoardSign in to access your portfolio
Yahoo
31-01-2025
- Business
- Yahoo
SBM Offshore completes the Share Purchase Agreements with MISC Berhad
Amsterdam, January 31, 2025 SBM Offshore confirms it has completed the transactions related to the Share Purchase Agreements announced on September 6, 2024 with its partner MISC Berhad for: i) the acquisition of MISC Berhad's entire effective equity interest in the lease and operating entities related to the FPSO Espirito Santo in Brazil; and ii) the full divestment to MISC Berhad of SBM Offshore's effective equity interest in the lease and operating entities of the FPSO Kikeh in Malaysia. This transaction furthers SBM Offshore's efforts to rationalize our portfolio to 'maintain focus and excellence' of our operations. Corporate Profile SBM Offshore is the world's deepwater ocean-infrastructure expert. Through the design, construction, installation, and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more, we unlock new markets within the blue economy. More than 7,400 SBMers collaborate worldwide to deliver innovative solutions as a responsible partner towards a sustainable future, balancing ocean protection with further information, please visit our website at Financial Calendar Date Year Full Year 2024 Earnings February 20 2025 Annual General Meeting April 9 2025 First Quarter 2025 Trading Update May 15 2025 Half Year 2025 Earnings August 7 2025 Third Quarter 2025 Trading Update November 13 2025 For further information, please contact:Investor Relations Wouter HoltiesCorporate Finance & Investor Relations Manager Phone: +31 (0)20 236 32 36 E-mail: Website: Media Relations Giampaolo ArghittuHead of External Relations Phone: +31 (0)6 212 62 333 / +39 33 494 79 584 E-mail: Website: Market Abuse RegulationThis press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. DisclaimerSome of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. These statements may be identified by words such as 'expect', 'should', 'could', 'shall' and similar expressions. Such forward-looking statements are subject to various risks and uncertainties. The principal risks which could affect the future operations of SBM Offshore N.V. are described in the 'Impact, Risk and Opportunity Management' section of the 2023 Annual Report. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company's business may vary materially and adversely from the forward-looking statements described in this release. SBM Offshore does not intend and does not assume any obligation to update any industry information or forward-looking statements set forth in this release to reflect new information, subsequent events or otherwise. This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS. Further information on these APMs is included in the Half-Year Management Report accompanying the Half Year Earnings 2024 report, available on our website Nothing in this release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities. The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities. In this release 'SBM Offshore' and 'SBM' are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used where no useful purpose is served by identifying the particular company or companies. "SBM Offshore®", the SBM logomark, 'Fast4Ward®', 'emissionZERO®' and 'F4W®' are proprietary marks owned by SBM Offshore. Attachment SBM Offshore completes the Share Purchase Agreements with MISC BerhadSign in to access your portfolio