• 2019 October 18 13:12

    SBM Offshore successful bidder for partner’s minority ownership in SBM Offshore operated FPSO companies

    Further to the announcement dated September 30, 2019 confirming its participation in the public sale auction of the equity ownership of Serviços de Petróleo Constellation S.A. (“Constellation”) in the lease and operating companies related to five Brazilian FPSOs (“the entities”), SBM Offshore confirms it has been formally designated as the successful bidder. Completion of the transaction remains subject to various conditions precedent, including consent from client Petrobras and approval by the local antitrust authority CADE (“Conselho Administrativo de Defesa Econômica”). The total consideration for the equity ownership, excluding associated non-recourse project debt, is c. US$150 million.

    The transaction includes the minority stake held by affiliated companies of Constellation in the entities related to the following five FPSOs (with Constellation’s ownership percentage in brackets): Cidade de Paraty (20%), Cidade de Ilhabela (12.75%), Cidade de Marica (5%), Cidade de Saquarema (5%) and Capixaba (20%).

    SBM Offshore is already the majority shareholder of the related entities and operator of these FPSOs.
     
    Corporate Profile

    SBM Offshore N.V. is a listed holding company that is headquartered in Amsterdam. It holds direct and indirect interests in other companies that collectively with SBM Offshore N.V. form the SBM Offshore Group (“the Company”).

    SBM Offshore provides floating production solutions to the offshore energy industry, over the full product lifecycle. The Company is market leading in leased floating production systems delivered to date, with multiple units currently in operation and has unrivalled operational experience in this field. The Company’s main activities are the design, supply, installation, operation and the life extension of floating production solutions for the offshore energy industry.

    As of December 31, 2018, Group companies employ approximately 4,350 people worldwide, including circa 650 contractors, which are spread over offices in key markets, operational shore bases and the offshore fleet of vessels. Group Companies employ a further 400 people, working for the joint ventures with two construction yards.

    The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate entities. In this communication “SBM Offshore” is sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general, or where no useful purpose is served by identifying the particular company or companies.




2019 November 18

17:54 Rosmorport supports 3rd Hydraulic Engineering Structures and Dredging Congress as its General Sponsor
17:35 Columbia Threadneedle Investments and Brittany Ferries reach agreement to acquire Condor Ferries from Macquarie Infrastructure and Real Assets
17:21 Moscow, Saint-Petersburg and Murmansk to host PORA discussion “Development of Water Transport Infrastructure in the Arctic” on Nov'26
17:05 ​Shearwater GeoServices awarded largest-ever 4D campaign in the Asia Pacific region by Woodside
16:35 HYUNDAI Merchant Marine joins “Getting to Zero Coalition”
16:20 Gazprom Neft reports 4.1-pct growth of bunker fuel production to 2.04 million tonnes in 9M’19
16:05 Essar Ports completes work on the Hazira-based Passenger Ferry Terminal
15:41 Epic Gas completes acquisition of 11,000 CBM Epic Sicily
15:37 Gazprom Neft increases net profit by 7% in 9M 2019
15:02 Port of Gdynia prepares to develop acquired land at Węgierskie Quay
14:39 Training for African women working in SAR operations held at Maritime Rescue Coordination Centre in Morocco
14:15 CMA CGM announces FAK rates from Asia to North Europe and Mediterranean
13:36 Container Terminal Saint-Petersburg allocated RUB 10.4 million under its 9M’2019 social and environmental programmes
13:15 MacGregor secures complete piggy-back hatch cover order from Fincantieri Bay Shipbuilding
12:53 Vympel Shipyard delivers Grachonok-class special purpose boat to Federal National Guard Troops Service
12:32 Average wholesale prices for М-100 HFO down to RUB 8,159 in RF spot market
12:09 Kim Heng signs MoU with subsea cable installer for offshore windfarm cable-laying projects in Taiwan
11:51 New national port operator WT Terminal established in the Freeport of Riga
11:09 Stena Line takes delivery of new ferry Stena Estrid
10:54 Series of eighth dry cargo carriers of Project RSD32M completed with delivery of Anatoly Nikolayev
10:33 Bunker sales at the port of Singapore in Jan-Oct’2019 fell by 6.4% Y-o-Y to 38.92 million tonnes
10:19 MABUX: Bunker market this morning, Nov 18
10:15 Port of Singapore throughput in Jan-Oct’2019 declined by 0.6% to 520.7 million tonnes
09:52 DEME and Royal IHC launch TSHD MEUSE RIVER
09:34 Brent Crude futures price is flat at $63.3, Light Sweet Crude – at $57.83
09:32 IMO's working group agrees National Action Plans – draft MEPC resolution
09:20 Baltic Dry Index is down to 1,357 points

2019 November 17

16:12 Port of Dover wins ESPO Award 2019
14:47 Aker Solutions and leading operators join forces to qualify subsea gas separation
14:12 Wight Shipyard Co to build an innovative hybrid CTV for CWind
12:42 PSA Marine and Wartsila join hands to tackle climate emergency
11:38 A.P. Moller-Maersk improves operational profitability
10:15 ABS and Arista launch smart shipping journey

2019 November 16

16:42 Team Tankers International Ltd. announces Q3 2019 results
15:02 GasLog places NOK 900M of senior unsecured bonds due 2024
14:23 BTG and GoodFuels preparing for major investment in bio-refinery to support shipping’s low carbon fuels demands
13:41 Third L-class delivered in China
12:32 Seaspan to purchase a fleet of six containerships on long-term charter for $380 million
11:28 Mammoet inks agreement with Port of Coeymans Marine Terminal to strengthen presence along East Coast
10:18 Metal Sharks delivers pilot boat duo to BCMT

2019 November 15

18:09 Coast Guard medevacs cruise ship Aida Perla passenger just off Ponce, Puerto Rico
17:48 Sovcomflot reports its results for third quarter and nine months of 2019
17:23 Wärtsilä and PSA Marine collaborate to achieve clean energy shipping
17:15 Bollinger Shipyards contracted to build ocean transport barge
17:00 Composit supports 7th International Forum of Dredging Companies as its Sponsor
16:57 Ulstein unveils its concept of the first hydrogen powered offshore vessel
16:36 RF Government separates positions of Deputy Transport Minister and head of Rosmorrechflot
16:14 IMO holds training on impacts of anti-fouling systems and ships’ biofouling on marine environment
15:39 Norway boosts IMO's GreenVoyage-2050 GHG project
15:11 New Wärtsilä Expertise Centre provides value-adding lifecycle support
14:57 LUKOIL commissions phase three facilities at Filanovsky field
14:30 NSR cargo traffic totaled 26 million tonnes year-to-date, up 63.5% YoY
14:13 Georgia Ports Authority up 3.5 percent to 428,400 TEU in October 2019
13:13 Diana Shipping announces direct continuation of time charter contract for m/v Medusa with Cargill
12:51 Multipurpose Reloading Complex reports 4-fold increase of allocations for environment protection to RUB 11.5 million
12:32 ABI Research: Commercial fleets looking to tech to accelerate ROI in the face of rising costs, competition, and uncertainty
12:13 Port of Oakland names Danny Wan Executive Director
11:28 ESL Shipping participates in Intelligence Hunt
11:00 CMA CGM to apply GRI from Canada West Coast to worldwide destinations (Excluding EU, Russia & USA)
10:41 Delft Dynamics, Next Ocean and Damen perform qualification test in North Sea