SBM Offshore NV

SBM Offshore NV dates back to 1862 and is headquartered in Schiedam, the Netherlands. The company is focused on producing floating production solutions for the offshore energy industry, mainly through the design, supply, installation, operation and life extension of floating, storage and offloading (FPSO) vessels. SBM Offshore has five execution centres located in Brazil, Houston, Kuala Lumpur, Monaco, and Schiedam. Group companies employ 4,350 people around the world and an additional 400 people who work for the company’s joint ventures. Notable activities by the company in 2018 included three first-steel cuts, building its presence and developing its experience in China, winning a joint technology award with Shell in recognition of Turritella FPSO and a positive step in pursuing the energy transition to renewables with ABS design approval for the company’s wind floater. In its annual report for fiscal 2018, SBM reported directional revenue of $1,703 million, representing an increase of 2%. Find SBM Offshore NV price updates and additional relevant information regarding SBMO.NV stocks on eToro.