SBM OFFSHORE ANNOUNCES SALE OF A DIVING SUPPORT AND CONSTRUCTION VESSEL (DSCV) November 11, 2013
(Thomson Reuters ONE) -
DSCV SBM Installer sold to Daya Vessels Limited
SBM Offshore has agreed to the sale of the DSCV SBM Installer, a newbuild Diving
Support and Construction Vessel (DSCV), to Daya Vessels Limited, a subsidiary of
Daya Offshore Construction Sdn Bhd, for US$180 million in cash. Both parties
have signed a memorandum of agreement, subject to the buyer securing transaction
financing, and expect to close the transaction in Q1 2014. No regulatory
approvals are required and Board approval for the sale has been obtained by both
parties.
Bruno Chabas, CEO of SBM Offshore commented:
"We are pleased to have reached an agreement with Daya Vessels Limited to sell
the DSCV SBM Installer. Today's announcement is in line with SBM Offshore's
stated strategy to refocus on its core business of FPSOs and associated products
and services while continuing to dispose of non-core assets."
The DSCV SBM Installer is a state of the art multi-purpose Diving Support and
Construction Vessel (DSCV), based on the MT-6024 design from Marin Teknikk in
Norway and built to DNV rules and international regulations. Built by Keppel
Singmarine in Singapore, the vessel features the SBM Offshore patented 'double-
deck' design, which improves safety as well as providing significantly more deck
space. The vessel is equipped with a class III DP system as well as a fully
integrated 12-man saturation diving system capable of operating in up to 300
metres of water. A 250 tonne knuckle boom crane and 150 tonne winch will enable
the vessel to carry out offshore construction and installation work in water
depths of up to 1,500 metres.
Corporate Profile
SBM Offshore N.V. is a listed holding company that is headquartered in Schiedam.
It holds direct and indirect interests in other companies that collectively with
SBM Offshore N.V. form the SBM Offshore group ("the Company").
SBM Offshore provides floating production solutions to the offshore energy
industry, over the full product life-cycle. The Company is market leading in
leased floating production systems with multiple units currently in operation,
and has unrivalled operational experience in this field. The Company's main
activities are the design, supply, installation and operation of Floating
Production, Storage and Offloading (FPSO) vessels. These are either owned and
operated by SBM Offshore and leased to its clients or supplied on a turnkey sale
basis.
Group companies employ over 7,400 people worldwide, who are spread over five
execution centers, eleven operational shore bases, several construction yards
and the offshore fleet of vessels. Please visit our website at
www.sbmoffshore.com.
The companies in which SBM Offshore N.V. directly and indirectly owns
investments are separate entities. In this communication "SBM Offshore" is
sometimes used for convenience where references are made to SBM Offshore N.V.
and its subsidiaries in general, or where no useful purpose is served by
identifying the particular company or companies.
The Board of Management
Schiedam, November 11, 2013
For further information, please contact:
Investor Relations
Nicolas D. Robert
Head of Investor Relations
Telephone: +377 92 05 18 98
Mobile: +33 (0) 6 40 62 44 79
E-mail: nicolas.robert(at)sbmoffshore.com
Website: www.sbmoffshore.com
Media Relations
Anne Guerin-Moens
Group Communications Director
Telephone: +377 92 05 30 83
Mobile: +33 (0) 6 80 86 36 91
E-mail: anne.guerin-moens(at)sbmoffshore.com
Website: www.sbmoffshore.com
Disclaimer
Some of the statements contained in this release that are not historical facts
are statements of future expectations and other forward-looking statements based
on management's current views and assumptions and involve known and unknown
risks and uncertainties that could cause actual results, performance, or events
to differ materially from those in such statements. Such forward-looking
statements are subject to various risks and uncertainties, which may cause
actual results and performance of the Company's business to differ materially
and adversely from the forward-looking statements. Certain such forward-looking
statements can be identified by the use of forward-looking terminology such as
"believes", "may", "will", "should", "would be", "expects" or "anticipates" or
similar expressions, or the negative thereof, or other variations thereof, or
comparable terminology, or by discussions of strategy, plans, or intentions.
Should one or more of these risks or uncertainties materialize, or should
underlying assumptions prove incorrect, actual results may vary materially from
those described in this release as anticipated, believed, or expected. SBM
Offshore NV does not intend, and does not assume any obligation, to update any
industry information or forward-looking statements set forth in this release to
reflect subsequent events or circumstances
To see the complete version of this press release, please click on the link
below.
SBM Offshore Press Release:
http://hugin.info/130754/R/1741991/585454.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#1741991]
Unternehmensinformation / Kurzprofil:
Datum: 11.11.2013 - 07:30 Uhr
Sprache: Deutsch
News-ID 314746
Anzahl Zeichen: 6721
contact information:
Town:
Schiedam
Kategorie:
Business News
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