Angolan yard Paenal, a joint venture between SBM Offshore, Daewoo Shipbuilding & Marine Engineering (DSME) and Sonangol, has become the first yard in Africa to build and install a topside module aboard an FPSO, making it the continent's "first and...
SBM Offshore has signed a memorandum of agreement with Daya Offshore Construction to sell the newbuild diving support and construction vessel (DSCV) SBM Installer for $180m.
SBM Offshore's coo, Jean-Philippe Laures, has been sacked, with the company declining to comment on the reasons for his dismissal.
Keppel has secured two contracts for conversions of two Floating Production Storage and Offloading (FPSO) with a combined worth of $190m, for SBM Offshore and M3nergy Offshore.
SBM Offshore has been awarded contracts by Shell Offshore to supply and lease a floating production storage and offloading vessel (FPSO) for the Gulf of Mexico.
Floating production specialist SBM Offshore has reported a rise in consolidated revenues of 35% to $1bn in the first quarter of 2013.