DSCV SBM INSTALLER SOLD TO OS INSTALLER AS
(Thomson Reuters ONE) -
December 1, 2014
SBM Offshore is pleased to announce that it has entered into an agreement to
sell the DSCV SBM Installer, a Diving Support and Construction Vessel (DSCV), to
OS Installer AS for US$150 million in cash.
OS Installer AS is a newly established joint venture between Ocean Yield ASA
(75%) and SBM Offshore (25%). Both parties have signed a memorandum of
agreement, and SBM Offshore will charter the vessel under a long-term bareboat
charter for a fixed period of 12 years. The Company will have certain options
to acquire the vessel during the bareboat charter period, with the first option
exercisable after five years.
The transaction is expected to close before the end of 2014 and is subject to
final agreement on bank financing.
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 in 2013, the vessel features the 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, operation and the life
extension 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 10,500 people worldwide, who are spread over five
execution centres, eleven operational shore bases, the joint ventures with
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 Management Board
Schiedam, The Netherlands, December 1, 2014
| Financial Calendar | Date | Year |
+----------------------------------------+-------------+------+
| Full-Year 2014 Results - Press Release | February 5 | 2015 |
+----------------------------------------+-------------+------+
| Publication of AGM Agenda | March 3 | 2015 |
+----------------------------------------+-------------+------+
| Annual General Meeting of Shareholders | April 15 | 2015 |
+----------------------------------------+-------------+------+
| Trading Update Q1 2015 - Press Release | May 8 | 2015 |
+----------------------------------------+-------------+------+
| Half-Year 2015 Results - Press Release | August 6 | 2015 |
+----------------------------------------+-------------+------+
| Trading Update Q3 2015 - Press Release | November 12 | 2015 |
+----------------------------------------+-------------+------+
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/1875459/660866.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#1875459]
Unternehmensinformation / Kurzprofil:
Datum: 01.12.2014 - 07:00 Uhr
Sprache: Deutsch
News-ID 356075
Anzahl Zeichen: 7385
contact information:
Town:
Schiedam
Kategorie:
Business News
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