SBM Offshore N.V.
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Publicatie datum
06 aug 2014 - 18:00
Statutaire naam
SBM Offshore N.V.
Titel
SBM OFFSHORE HALF-YEAR RESULTS 2014 Revenue up 6%; Outlook confirmed August 6, 2014
Bericht
SBM OFFSHORE HALF-YEAR RESULTS 2014
Revenue up 6%; Outlook confirmed
August 6, 2014
SBM Offshore's execution of projects on hand in the first six months of the year led to better than expected revenue growth. The Company is making progress towards resolving its compliance issue, as evidenced by the US$240 million provision, secured US$1.45 billion of financing for Cidade de Maricá and signed the Operations & Maintenance contract for FPSO Turritella. Directional1 Backlog stands at US$21.5 billion. SBM Offshore continued to achieve over 99% uptime across the fleet. The Company delivered the Kikeh brownfield extension project on time and on budget while also reaching a settlement of claims arising from the Deep Panuke project.
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