- CEO
- Oivind Tangen
- Full Time Employees
- 6,851
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Address
- Evert van de Beekstraat 1-77 Schiphol NH Netherlands 1118 CL
- IPO Date
- Apr 6, 2009
- Business
- SBM Offshore N.V. (SBFFY) provides floating production solutions to the offshore energy industry worldwide through its lease and operate, and turnkey segments; it designs, supplies, installs, operates and maintains floating production storage and offloading (FPSO) vessels, semi-submersibles, tension leg platforms, floating storage and offloading (FSO) units, catenary anchor leg mooring (CALM) and single point mooring (SPM) systems, turret mooring systems, floating offshore wind solutions, brownfield and offshore loading terminals, and floating energy hubs; additional offerings encompass offshore oil and gas production services, construction and installation contracting, specialized engineering for drill ships, semi-submersible and jack-up drilling platforms, large-capacity offshore cranes, elevating and lifting systems, crane vessels, and mid-scale LNG FPSOs with Nitrogen expansion liquefaction technology; the company operates a fleet of 14 FPSOs and one semi-submersible unit, with ongoing construction of FPSOs Jaguar for ExxonMobil Guyana, GranMorgu for TotalEnergies, and FSO Chalchi for Woodside, alongside two Fast4Ward multi-purpose floaters (MPF) hulls supporting tendering activities. Founded in 1862 and headquartered in Schiphol, the Netherlands, SBM Offshore employs over 7,800 people across execution centers in the Netherlands, Monaco, Malaysia, the United States, India and Brazil, targeting deepwater oil and gas operators in regions including Guyana, Brazil, Suriname, Namibia and the North Sea. Recent developments include an exclusive digital alliance with SLB in October 2025 to create an AI-powered ecosystem for FPSO digital asset management enhancing uptime and reducing costs; a strategic collaboration agreement with Microsoft in March 2025 for AI-powered floating power solutions with carbon capture and storage targeting the UK and Norway; completion of a minority equity investment in Ocean-Power in early 2025 for lower-emission power solutions; formation of joint venture Ekwil with Technip Energies in 2024 to bolster floating offshore wind capabilities; signing of an operations and maintenance contract with TotalEnergies EP Suriname in June 2025 for an FPSO covering readiness and at least two years post-first oil; achievement of first oil for FPSOs Almirante Tamandaré and Alexandre de Gusmão in 2025; and completion of FPSOs Prosperity and Liza Destiny in late 2024 alongside a 13.5% divestment to CMFL.