SBM Offshore - FRAM FPSO update

SBM Offshore - FRAM FPSO update

ID: 232055

(Thomson Reuters ONE) -


SBM Offshore confirms it has been notified by Shell, that in light of unexpected
well results, they have decided to reassess the development plan for the Fram
oil and gas field in the UK North Sea and not to continue with several key
contracts associated with this development including the FPSO.

SBM Offshore has been working on an FPSO solution for this field under a letter
of interim award (LoIA) announced on 15 June 2012. As the project was awaiting
contract finalisation, it had not been included in SBM Offshore's project
portfolio and backlog as published on 14 February 2013.

For further information, please contact:

Investor Relations
Sebastiaan de Ronde Bresser
Investor Relations Officer

Telephone: (+377) 92 05 85 15

Mobile: (+33) 643 919 312

E-mail: sebastiaan.derondebresser(at)sbmoffshore.com

Website: www.sbmoffshore.com


Media Relations
Anne Guerin-Moens
Group Communications Director

Telephone: (+377) 92 05 30 83

Mobile: (+377) 680 863 691

E-mail: anne.guerin-moens(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/1680250/548950.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#1680250]






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Bereitgestellt von Benutzer: hugin
Datum: 21.02.2013 - 18:39 Uhr
Sprache: Deutsch
News-ID 232055
Anzahl Zeichen: 2048

contact information:
Town:

Schiedam



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 155 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"SBM Offshore - FRAM FPSO update"
steht unter der journalistisch-redaktionellen Verantwortung von

SBM Offshore N.V. (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

SBM OFFSHORE CHANGE IN BOARD OF MANAGEMENT ...

SBM Offshore N.V. announces that Mr. Dick van der Zee will retire and leave the Board of Management on 31 December 2009. Mr. van der Zee joined SBM Offshore (formerly IHC Caland N.V.) in 1996 as Managing Director of subsidiary Company IHC Gusto ...

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