UPDATE ON YME MOPUSTOR PLATFORM
(Thomson Reuters ONE) -
1. Yme MOPUstor Platform
As stated on 11 January 2012, SBM Offshore is facing increased challenges with
the hook up and commissioning of the Yme platform. Continuing intransigence and
unreasonable client demands, which are being aggressively resisted, are
contributing significantly to the very low productivity and increased scope of
work, all of which are the subject of arbitration proceedings with the client.
This is further exacerbated by continuing bad weather.
The revised financial consequences will be released at the earliest feasible
point and are expected to lead to a significant additional adverse impact on the
Company's 2011 results, with the eventual outcome dependant upon resolution of
ongoing disputes with the client.
Contact person: Mr. Sebastiaan de Ronde Bresser
Telephone: (+377) 92 05 85 15
Mobile: (+33) 643 919 312
Fax: (+377) 92 05 89 40
E-mail: sebastiaan.derondebresser(at)sbmoffshore.com
Website: www.sbmoffshore.com
To see the full version of this press release please click on the link below:
SBM Offshore Press Release:
http://hugin.info/130754/R/1579604/493089.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: SBM Offshore N.V. via Thomson Reuters ONE
[HUG#1579604]
Unternehmensinformation / Kurzprofil:
Datum: 24.01.2012 - 07:30 Uhr
Sprache: Deutsch
News-ID 106937
Anzahl Zeichen: 1910
contact information:
Town:
Schiedam
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 264 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"UPDATE ON YME MOPUSTOR PLATFORM"
steht unter der journalistisch-redaktionellen Verantwortung von
SBM Offshore N.V. (Nachricht senden)
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