SBM Offshore Awarded Turnkey and Lease and Operate Contracts for the ExxonMobil Liza FPSO
(Thomson Reuters ONE) -
June 22, 2017
SBM Offshore is pleased to announce that ExxonMobil has formally confirmed the
award of contracts for the next phase of the Liza project in Guyana. Under these
contracts, SBM Offshore will construct, install, lease and operate a floating
production, storage and offloading vessel (FPSO). This follows completion of
front-end engineering studies and the final investment decision on the project
by ExxonMobil.
The Liza field is located in the Stabroek block, which covers almost 27,000
square kilometers, circa 200 kilometers offshore Guyana. Esso Exploration and
Production Guyana Limited is the operator and holds a 45 percent interest in the
Stabroek block. Hess Guyana Exploration Ltd. holds a 30 percent interest, and
CNOOC Nexen Petroleum Guyana Limited holds a 25 percent interest.
The FPSO is designed to produce up to 120,000 barrels of oil per day, will have
associated gas treatment capacity of circa 170 million cubic feet per day and
water injection capacity of circa 200,000 barrels per day. The converted VLCC
FPSO will be spread moored in water depth of 1525 meters and will be able to
store 1.6 million barrels of crude oil.
SBM Offshore CEO Bruno Chabas commented:
"We are proud that ExxonMobil awarded SBM Offshore the contracts for the Liza
FPSO. The Liza Field offshore Guyana is one of the industry's largest oil
discoveries of the past decade. We look forward to cooperating closely with our
client and partners to make this project a success. This award underlines SBM
Offshore's continued focus on building on our experience, our long term
relationships and FPSO-led strategic vision."
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, 2016, Group companies employ approximately 4,750 people
worldwide. Full time company employees totaling c. 4,250 are spread over five
regional centers, ten operational shore bases and the offshore fleet of vessels.
A further 500 are working for the joint ventures with several construction
yards. For further information, 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, June 22, 2017
+-----------------------------------------+------------+------+
| Financial Calendar | Date | Year |
+-----------------------------------------+------------+------+
| Half-Year 2017 Earnings - Press Release | August 8 | 2017 |
+-----------------------------------------+------------+------+
| Trading Update 3Q 2017 - Press Release | November 7 | 2017 |
+-----------------------------------------+------------+------+
| Full-Year 2017 Earnings - Press Release | February 7 | 2018 |
+-----------------------------------------+------------+------+
| Annual General Meeting of Shareholders | April 11 | 2018 |
+-----------------------------------------+------------+------+
For further information, please contact:
Investor Relations
Bert-Jaap Dijkstra
Investor Relations Director
Mobile NL: +31 (0) 6 2114 1017
Mobile MC: +33 (0) 6 4391 9302
Telephone: +377 9205 1732
E-mail: bertjaap.dijkstra(at)sbmoffshore.com
Website: www.sbmoffshore.com
Media Relations
Vincent Kempkes
Group Communications Director
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
Disclaimer
This press release contains inside information within the meaning of Article
7(1) of the EU Market Abuse Regulation. 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. Nothing in this press release shall be deemed an offer to sell,
or a solicitation of an offer to buy, any securities.
SBM Offshore Awarded Contracts ExxonMobil:
http://hugin.info/130754/R/2114966/804728.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
Unternehmensinformation / Kurzprofil:
Datum: 22.06.2017 - 07:30 Uhr
Sprache: Deutsch
News-ID 549240
Anzahl Zeichen: 7594
contact information:
Town:
Schiedam
Kategorie:
Business News
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