SBM Offshore N.V. is a Dutch

Netherlands

The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...

-based global group of companies selling systems and services to the offshore oil and gas industry

Petroleum industry

The petroleum industry includes the global processes of exploration, extraction, refining, transporting , and marketing petroleum products. The largest volume products of the industry are fuel oil and gasoline...

. Its constituent companies started their offshore activities in the early 1950s and SBM subsequently became a pioneer in single point mooring

Single buoy mooring

Single Point Mooring is a loading buoy anchored offshore that serves as a mooring point and interconnect for tankers loading or offloading gas or liquid products. SPMs are the link between geostatic subsea manifold connections and weathervaning tankers...

 (SPM) systems. The firm leases and operates Floating Production Storage and Offloading

Floating Production Storage and Offloading

A floating production, storage and offloading unit is a floating vessel used by the offshore industry for the processing of hydrocarbons and for storage of oil. A FPSO vessel is designed to receive hydrocarbons produced from nearby platforms or subsea template, process them, and store oil until it...

 vessels, and is involved in the design and engineering of dynamically positioned

Dynamic positioning

Dynamic positioning is a computer controlled system to automatically maintain a vessel's position and heading by using its own propellers and thrusters...

 drilling vessels

Drillship

A drillship is a maritime vessel that has been fitted with drilling apparatus. It is most often used for exploratory offshore drilling of new oil or gas wells in deep water or for scientific drilling. The drillship can also be used as a platform to carry out well maintenance or completion work such...

, jack-up drilling rigs

Jackup rig

A jack-up rig is a type of mobile platform that is able to stand still on the sea floor, resting on a number of supporting legs. The most popular designs use 3 independent legs, although some jackups have 4 legs or more...

 and heavy offshore crane

Crane (machine)

A crane is a type of machine, generally equipped with a hoist, wire ropes or chains, and sheaves, that can be used both to lift and lower materials and to move them horizontally. It uses one or more simple machines to create mechanical advantage and thus move loads beyond the normal capability of...

s. It is a main board listed company on the Euronext Amsterdam

Euronext

Euronext N.V. is a pan-European stock exchange based in Amsterdam and with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. In addition to equities and derivatives markets, the Euronext group provides clearing and information services...

 stock exchange and has been a member of the AEX index

AEX index

The AEX index, derived from Amsterdam Exchange index, is a stock market index composed of Dutch companies that trade on Euronext Amsterdam, formerly known as the Amsterdam Stock Exchange. Started in 1983, the index is composed of a maximum of 25 of the most actively traded securities on the exchange...

 since 2003.

Operations

The company was the first to offer an integrated oil and gas production service through the investment in a Floating Production Storage and Offloading

Floating Production Storage and Offloading

A floating production, storage and offloading unit is a floating vessel used by the offshore industry for the processing of hydrocarbons and for storage of oil. A FPSO vessel is designed to receive hydrocarbons produced from nearby platforms or subsea template, process them, and store oil until it...

 (FPSO) unit. The lease and operation of FPSOs has become a large component of the company's activity and SBM Offshore now owns and operates the world's largest fleet. Other activities include design

Design

Design as a noun informally refers to a plan or convention for the construction of an object or a system while “to design” refers to making this plan...

 and engineering

Engineering

Engineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of...

, turnkey

Turnkey

A turn-key or a turn-key project is a type of project that is constructed by a developer and sold or turned over to a buyer in a ready-to-use condition.-Common usage:...

 supply, and specialised services such as maintenance

Maintenance, Repair and Operations

Maintenance, repair, and operations or maintenance, repair, and overhaul involves fixing any sort of mechanical or electrical device should it become out of order or broken...

 and offshore installation. The most recent addition to the product line is liquefied natural gas

Liquefied natural gas

Liquefied natural gas or LNG is natural gas that has been converted temporarily to liquid form for ease of storage or transport....

 FPSOs, produced in collaboration with The Linde Group

The Linde Group

The Linde Group, registered as Linde AG is an international industrial gases and engineering company founded in Germany in 1879. Linde shares are traded on all the German stock exchanges and also in Zürich, and the Linde share price is included in the DAX 30 index...

.

The firm operates from four main execution centres: the global headquarters in Schiedam

Schiedam

Schiedam is a city and municipality in the province of South Holland in the Netherlands. It is part of the Rotterdam metropolitan area. The city is located west of Rotterdam, east of Vlaardingen and south of Delft...

, Monaco

Monaco

Monaco , officially the Principality of Monaco , is a sovereign city state on the French Riviera. It is bordered on three sides by its neighbour, France, and its centre is about from Italy. Its area is with a population of 35,986 as of 2011 and is the most densely populated country in the...

, Kuala Lumpur

Kuala Lumpur

Kuala Lumpur is the capital and the second largest city in Malaysia by population. The city proper, making up an area of , has a population of 1.4 million as of 2010. Greater Kuala Lumpur, also known as the Klang Valley, is an urban agglomeration of 7.2 million...

, and Houston. The company employs over 4,400 individuals worldwide.

On 18 August 2009, SBM Offshore announced the signing of a framework agreement with Shell

Royal Dutch Shell

Royal Dutch Shell plc , commonly known as Shell, is a global oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the fifth-largest company in the world according to a composite measure by Forbes magazine and one of the six...

 for the supply of turret mooring systems for Shell's floating liquified natural gas (FLNG) project. The deal covers the supply of turret mooring systems for a period of up to 15 years. The 3.5-million-tonne-per-annum FLNG facility will produce liquefied natural gas

Liquefied natural gas

Liquefied natural gas or LNG is natural gas that has been converted temporarily to liquid form for ease of storage or transport....

offshore and will be moored with an internal and permanently connected freely weather-vaning turret mooring system.

SBM Offshore said the turret mooring system is expected to be the largest in terms of diameter with capability to handle mooring loads in excess of current systems.

Group companies

• Single Buoy Moorings Group of Companies
• SBM Atlantia Inc., Houston
• Gusto B.V.
• Marine Structure Consultants (MSC) B.V.
• GustoMSC Inc.
• SBM Malaysia Sdn. Bhd., Kuala Lumpur

FPSO's

• Aseng FPSO (in build Singapore, deployment Offshore Equatorial Guinea 2012, long wet let to Noble Energy)
• Brasil FPSO
• Capixaba FPSO
• Espadarte FPSO
• Espirito Santo BC-10 FPSO
• Falcon FPSO
• Kikeh FPSO
• Kizomba A FPSO
• Kizomba B FPSO
• Kuito FPSO
• Marlim Sul FPSO
• Mondo FPSO
• P-57 FPSO
• Saxi-Batuque FPSO
• Serpentina FPSO
• Xikomba FPSO