FPSO CIDADE DE MARICÁ PRODUCING AND ON HIRE

FPSO CIDADE DE MARICÁ PRODUCING AND ON HIRE

ID: 450997

(Thomson Reuters ONE) -



February 16, 2016


SBM Offshore is pleased to announce that FPSO Cidade de Maricá is formally on
hire as of February 7, 2015 after achieving first oil and the completion of a
72-hour continuous production test leading to Final Acceptance.

The vessel is installed in the Lula field (BM-S-11 contract) in the pre-salt
province offshore Brazil.  The FPSO will operate under a 20-year charter with
Tupi BV as well as an operations contract with the BM-S-11 consortium.  The BM-
S-11 block is under concession to a consortium comprised of PETROBRAS (65%), BG
E&P Brasil Ltda - a Royal Dutch Shell subsidiary (25%) and Petrogal Brasil S.A.
(10%).

The FPSO is owned and operated by a Joint Venture owned by affiliated companies
of SBM Offshore, Mitsubishi Corporation, Nippon Yusen Kabushiki Kaisha, and
Queiroz Galvão Óleo e Gás S.A. in which SBM Offshore's shareholding is 56%.


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 approximately 7,000 people worldwide.  Full time company




employees totaling 4,900 are spread over five regional centres, eleven
operational shore bases and the offshore fleet of vessels.  A further 2,100 are
working for the joint ventures with several construction yards.  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
Amsterdam, The Netherlands, February 16, 2016


+-----------------------------------------+-------------+------+
| Financial Calendar | Date | Year |
+-----------------------------------------+-------------+------+
| Publication of AGM Agenda | February 24 | 2016 |
+-----------------------------------------+-------------+------+
| Annual General Meeting of Shareholders | April 6 | 2016 |
+-----------------------------------------+-------------+------+
| Trading Update 1Q 2016 - Press Release | May 11 | 2016 |
+-----------------------------------------+-------------+------+
| Half-Year 2016 Earnings - Press Release | August 10 | 2016 |
+-----------------------------------------+-------------+------+
| Trading Update 3Q 2016 - Press Release | November 9 | 2016 |
+-----------------------------------------+-------------+------+



For further information, please contact:

Investor Relations
Nicolas D. Robert
Head of Investor Relations

Telephone: +31 (0) 20 2363 126

Mobile: +31 (0) 6 5461 2410

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.

FPSO CIDADE DE MARICÁ PRODUCING AND ON HIRE:
http://hugin.info/130754/R/1986531/728844.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#1986531]




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Bereitgestellt von Benutzer: hugin
Datum: 16.02.2016 - 18:00 Uhr
Sprache: Deutsch
News-ID 450997
Anzahl Zeichen: 6689

contact information:
Town:

Schiedam



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 269 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"FPSO CIDADE DE MARICÁ PRODUCING AND ON HIRE"
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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