SBM Offshore

SBM Offshore N.V. (IHC Caland N.V. prior to July 2005) is a Dutch-based global group of companies selling systems and services to the offshore oil and gas industry. Its constituent companies started their offshore activities in the early 1950s and SBM subsequently became a pioneer in single buoy moorings (SBM) systems. The firm leases and operates Floating Production Storage and Offloading vessels, and is involved in the design and engineering, construction, installation, operation and maintenance of floating production equipment for the offshore Oils and Gas industry. It is a main board listed company on the Euronext Amsterdam stock exchange and has been a member of the AEX index since 2003. It has been engulfed by a massive corruption scandal in Brazil.

SBM Offshore N.V.
Company typeNaamloze vennootschap
Euronext Amsterdam: SBMO
IndustryPetroleum industry
Founded1965 Gonzalo DurĂ¡n
HeadquartersSchiedam, Netherlands
Key people
Bruno Chabas (CEO), R.IJ. Baan (Chairman of the supervisory board)
ProductsFSO and FPSO units, tension leg platforms, other offshore facilities
RevenueUS $2.240 billion (2018)
US $212 million (2018)
Total assetsUS $10 billion (end 2018)
Number of employees
4,740 (end 2018)
Websitewww.sbmoffshore.com
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