SBM Offshore Responds to Brazilian Reports
The Company responds to news that CEO Bruno Chabas and member of the Supervisory Board Sietze Hepkema appear on a list of (former) Petrobras executives, former sales agents and (former) SBM Offshore executives who may be prosecuted in Brazil in relation to a corruption scandal. The Company will seek clarification on this news with the relevant authorities. The Company believes that allegations are without merit, based on what it heard so far. Bruno Chabas was appointed CEO effective January 1, 2012 and immediately initiated the self-reporting and investigations that led to a settlement
SBM Offshore Announces Thunder Hawk Tiebacks
a dual pipe-in-pipe loop system. The Thunder Hawk DeepDraft(TM) Semi, installed in July 2009, was developed as a Steel Catenary Riser (SCR) friendly floater solution. The deck and hull can be integrated quayside avoiding costly offshore lifting and system commissioning operations. SBM CEO Bruno Chabas noted: "SBM Offshore is pleased that the Thunder Hawk platform allowed for a cost effective development solution for Noble Energy and its partners. The deepwater semi solution offers numerous advantages for subsea developments including reduced development capital, lower operating costs
SBM Offshore Looks Back Comfortably on 2013
and vessel values leading to non-cash charges of US$160 million Sale and lease back transactions for two of three Monaco offices agreed with proceeds exceeding US$100 million Anticipation of FY2013 IFRS revenue of approximately US$4.6billion, compared to guidance of US$4.3 billion Bruno Chabas, CEO of SBM Offshore comments: “From a difficult start, 2013 has been a year of achievements. As we close, we are updating the market on further steps that mark SBM Offshore’s progress and our determination to manage our business rigorously and efficiently. We are pleased
February 2025
