Welcome to our dedicated page for Sbm Offshore news (Ticker: SBFFF), a resource for investors and traders seeking the latest updates and insights on Sbm Offshore stock.
SBM Offshore (SBFFF) delivers cutting-edge floating production solutions for the global energy sector. This page provides investors and industry professionals with centralized access to official announcements, financial disclosures, and operational updates.
Track key developments including FPSO contract awards, earnings reports, and strategic partnerships. Our curated news feed ensures timely updates on engineering milestones, regulatory compliance achievements, and market positioning shifts specific to SBM Offshore's offshore energy operations.
Discover updates across critical categories: quarterly financial results, new project deployments, technology innovations in floating production systems, and sustainability initiatives. All content is verified through primary sources to maintain accuracy and relevance for decision-makers.
Bookmark this page for streamlined monitoring of SBM Offshore's operational progress and industry leadership in FPSO solutions. Check regularly for unfiltered access to the company's latest official communications and technical advancements.
SBM Offshore has successfully conducted its Annual General Meeting on April 13, 2023, with all resolutions adopted. Key outcomes include the appointment of Allard Castelein to the Supervisory Board and shareholder approval for a cash dividend of US$1.10 per ordinary share. The dividend will be disbursed in Euros at a conversion rate of 1.1045, amounting to €0.9959 per ordinary share, payable on May 11, 2023, to shareholders recorded by April 18, 2023. ABN AMRO will manage the dividend payment and offers a Dividend Reinvestment Plan (DRIP) for shareholders who wish to reinvest their dividends into company shares. For more details, visit SBM Offshore's website.
SBM Offshore has successfully secured project financing of US$1.63 billion for the FPSO Almirante Tamandaré, aided by a consortium of 13 international banks and covered by 4 Export Credit Agencies (ECA). The financing encompasses five facilities with a weighted average cost of debt around 6.3% and a maturity period of 14 years post-completion. The FPSO, designed with SBM Offshore’s Fast4Ward® hull, will be Brazil's largest oil-producing unit, boasting a capacity of 225,000 barrels of oil and 12 million m³ of gas per day. It will operate under a 26.25-year contract with Petrobras at the Búzios field.