1.2About SBM Offshore and Global Presence

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 a remarkable operational experience in this field.

Company Organization Chart (simplified version)

Ownership and Operating Structure

The Company’s main activities are the design, supply, installation, operation and 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. Other products include: semi-submersibles, TLPs, FPSO LNGs, turret mooring systems, brownfield and offshore (off)loading terminals. With its own fleet of ten FPSOs, two FSOs, one MOPU, one Semi-submersible in operation worldwide at year end and over 271 years of cumulative FPSO operational experience within the industry, the Company is considered a market leader in providing leased production floating systems.

With its statutory seat in Rotterdam in the Netherlands, SBM Offshore employees total almost 5,000 and are spread over five regional centres, eleven operational shore bases and the offshore fleet of vessels. Group companies employ over 7,000 people worldwide, which includes 2,100 working for the joint venture construction yards.

SBM Offshore Global Presence