FPSO TURRITELLA PRODUCING AND ON HIRE

FPSO TURRITELLA PRODUCING AND ON HIRE

ID: 493784

(Thomson Reuters ONE) -


September 9, 2016


SBM Offshore is pleased to announce that FPSO Turritella is formally on hire as
of September 2, 2016 after achieving Commencement of Commercial Production
(CoCP).  The CoCP certificate was issued on September 8, 2016.

The vessel is installed in Shell's Stones development located in 2,896 meters
(9,500 feet) of water approximately 320 kilometres (200 miles) offshore
Louisiana in the Walker Ridge area.  The lease and operate contracts include an
initial period of 10 years with future extension options up to a total of 20
years.

The FPSO is owned and operated by a Joint Venture owned by affiliated companies
of SBM Offshore, Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha in
which SBM Offshore's shareholding is 55%.

Corporate Profile

SBM Offshore N.V. is a listed holding company that is headquartered in
Amsterdam.  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.

As of December 31, 2015, Group companies employed approximately 7,000 people
worldwide.  Full time company employees (4,900) are spread over five regional
centers, 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 http://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, September 8, 2016



+-----------------------------------------------+-------------+------+
| Financial Calendar | Date | Year |
+-----------------------------------------------+-------------+------+
| Trading Update 3Q 2016 - Press Release | November 9 | 2016 |
+-----------------------------------------------+-------------+------+
| Extraordinary General Meeting of Shareholders | November 30 | 2016 |
+-----------------------------------------------+-------------+------+
| Full-Year 2016 Earnings - Press Release | February 8 | 2017 |
+-----------------------------------------------+-------------+------+
| Annual General Meeting of Shareholders | April 13 | 2017 |
+-----------------------------------------------+-------------+------+
| Trading Update 1Q 2017 - Press Release | May 10 | 2017 |
+-----------------------------------------------+-------------+------+
| Half-Year 2017 Earnings - Press Release | August 8 | 2017 |
+-----------------------------------------------+-------------+------+



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
Vincent Kempkes
Head of Communications
Telephone: +31 (0) 20 2363 170

Mobile: +31 (0) 6 25 68 71 67

E-mail: vincent.kempkes(at)sbmoffshore.com

Website: www.sbmoffshore.com




FPSO Turritella Producing and On Hire:
http://hugin.info/130754/R/2041021/761446.pdf



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: SBM Offshore N.V. via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 09.09.2016 - 08:00 Uhr
Sprache: Deutsch
News-ID 493784
Anzahl Zeichen: 5113

contact information:
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Diese Pressemitteilung wurde bisher 215 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"FPSO TURRITELLA 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).

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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 ...

Alle Meldungen von SBM Offshore N.V.



 

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