June 6, 2024
SBM Offshore is pleased to announce that, in partnership with Technip Energies,
and in line with the Front End Engineering and Design (FEED) studies for a
Floating Production, Storage and Offloading vessel (FPSO) for the development
project located in the Block 58 in Suriname with TotalEnergies EP Suriname B.V.,
an affiliate of TotalEnergies, a Fast4Ward(®) hull for the Block 58 development
project has been reserved by TotalEnergies.
The B58 development is the first development within Block 58, circa 150
kilometers offshore Suriname. TotalEnergies is the operator and holds a 50
percent interest in Block 58 with APA Corporation holding the other 50 percent.
The final investment decision is expected in the fourth quarter of 2024, for a
production start-up in 2028.
Corporate Profile
SBM Offshore designs, builds, installs and operates offshore floating facilities
for the offshore energy industry. As a leading technology provider, we put our
marine expertise at the service of a responsible energy transition by reducing
emissions from fossil fuel production, while developing cleaner solutions for
alternative energy sources.
More than 7,400 SBMers worldwide are committed to sharing their experience to
deliver safe, sustainable and affordable energy from the oceans for generations
to come.
For further information, please visit our website at www.sbmoffshore.com
(http://www.sbmoffshore.com).
Financial Calendar Date Year
-------------------------------------------------------------
Half Year 2024 Earnings August 8 2024
Third Quarter 2024 Trading Update November 14 2024
Full Year 2024 Earnings February 20 2025
Annual General Meeting April 9 2025
First Quarter 2025 Trading Update May 15 2025
For further information, please contact:
Investor Relations
Wouter Holties
Corporate Finance & Investor Relations Manager
Mobile: +31 (0) 20 236 32 36
wouter.holties@sbmoffshore.com
E-mail: (mailto:wouter.holties@sbmoffshore.com)
Website: www.sbmoffshore.com (http://www.sbmoffshore.com)
Media Relations
Evelyn Tachau Brown
Group Communications & Change Director
Mobile: +377 (0) 6 40 62 30 34
evelyn.tachau-brown@sbmoffshore.com (mailto:evelyn.tachau-
E-mail: brown@sbmoffshore.com)
Website: www.sbmoffshore.com (http://www.sbmoffshore.com)
Market Abuse Regulation
This press release may contain inside information within the meaning of Article
7(1) of the EU Market Abuse Regulation.
Disclaimer
Some 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.
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
"Float4Wind(®)" are proprietary marks owned by SBM Offshore.
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