Welcome to our dedicated page for Sbm Offshore news (Ticker: SBFFY), a resource for investors and traders seeking the latest updates and insights on Sbm Offshore stock.
SBM Offshore (SBFFY) provides cutting-edge floating production systems and offshore energy solutions worldwide. This news hub offers investors and industry professionals centralized access to official updates, strategic developments, and operational milestones.
Track critical announcements including FPSO contract awards, project commissioning updates, and technology innovations shaping offshore energy infrastructure. The curated feed includes earnings reports, partnership agreements, and sustainability initiatives relevant to deepwater engineering markets.
All content undergoes strict verification to ensure compliance with financial disclosure standards. Users gain efficient access to operational updates without speculative commentary, maintaining focus on verifiable company activities.
Bookmark this page for streamlined monitoring of SBM Offshore's global engineering projects and market positioning. Regular updates provide actionable insights for stakeholders tracking offshore energy sector developments.
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.
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