SBM Offshore divests minority interest in FPSO Almirante Tamandaré project
25 January 2022 - 5:30PM
SBM Offshore divests minority interest in FPSO Almirante Tamandaré
project
January 25, 2022
Following the announcement on July 27, 2021 with
respect to the signature of the contracts for the FPSO Almirante
Tamandaré, SBM Offshore is pleased to announce that it has entered
into a shareholder agreement with its long standing business
partners Mitsubishi Corporation (MC) and Nippon Yusen Kabushiki
Kaisha (NYK).
MC and NYK have acquired a respective 25% and
20% ownership interest in the special purpose companies related to
the lease and operation of the FPSO Almirante Tamandaré. SBM
Offshore is the operator and will remain the majority shareholder
with 55% ownership interest.
FPSO Almirante Tamandaré is currently under
construction. The FPSO will be deployed at the Búzios field in the
Santos Basin approximately 180 kilometers offshore Rio de Janeiro
in Brazil, under a 26.25 year lease and operate contract with
Petróleo Brasileiro S.A. (Petrobras). First oil is expected in the
second half of 2024. Petrobras is operating the Búzios field in
partnership with CNODC and CNOOC.
Corporate
Profile
The Company’s main activities are the design,
supply, installation, operation and the life extension of floating
production solutions for the offshore energy industry over the full
lifecycle. The Company is market leading in leased floating
production systems, with multiple units currently in operation.
As of December 31, 2020, the Company employs
approximately 4,570 people worldwide spread over offices in our key
markets, operational shore bases and the offshore fleet of
vessels.
SBM Offshore N.V. is a listed holding company
headquartered in Amsterdam, the Netherlands. It holds direct and
indirect interests in other companies.
Where references are made to SBM Offshore N.V.
and /or its subsidiaries in general, or where no useful purpose is
served by identifying the particular company or companies “SBM
Offshore” or “the Company” are sometimes used for convenience.
For further information, please visit our
website at www.sbmoffshore.com.
The Management BoardAmsterdam, the Netherlands,
January 25, 2022
Financial Calendar |
Date |
Year |
Full Year 2021 Earnings |
February 10 |
2022 |
Annual General Meeting |
April 6 |
2022 |
First Quarter 2022 Trading Update |
May 12 |
2022 |
Half Year 2022 Earnings |
August 4 |
2022 |
Third Quarter 2022 Trading Update |
November 10 |
2022 |
For further information, please contact:
Investor RelationsBert-Jaap
DijkstraGroup Treasurer and IR
Mobile: |
+31 (0) 6 21 14 10 17 |
E-mail: |
bertjaap.dijkstra@sbmoffshore.com |
Website: |
www.sbmoffshore.com |
Media RelationsVincent
KempkesGroup Communications Director
Mobile: |
+377 (0) 6 40 62 87 35 |
E-mail: |
vincent.kempkes@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 divests minority interest in FPSO Almirante
Tamandare project
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