SBM Offshore N.V. (SBFFF) Research

SBM Offshore N.V. specializes in providing floating production solutions for the global offshore energy sector. The company's operations are divided into two main areas: Lease and Operate, and Turnkey projects. Its extensive services cover the full lifecycle of floating production storage and offloading (FPSO) vessels, including their design, procurement, installation, ongoing operation, leasing, and life extension. Beyond FPSOs, SBM Offshore's portfolio also includes semi-submersibles, tension leg platforms, liquefied natural gas (LNG) FPSOs, sophisticated turret mooring systems, LNG regasification-to-power vessels, floating offshore wind infrastructure, brownfield developments, and offshore loading terminals. Additionally, the company supplies catenary anchor leg mooring (CALM) or single point mooring (SPM) terminals, and offers tailored solutions for floating unit mooring, flexible flowline deployment, and subsea structure installation. As of December 31, 2021, its operational assets comprised 14 FPSOs and a single semi-submersible unit. Established in 1862, the company, which was known as IHC Caland before its name change in 2005, is based in Schiphol, the Netherlands.

Market snapshot

Symbol
SBFFF
Price
$38.00
Day change
0.00%
Market cap
$6.3B
P/E ratio
6.85x
52-week range
25.29-44.1
Sector
Energy
Industry
Oil & Gas Equipment & Services
Next earnings
in 2 months

Recent news

  • Brazil's Petrobras to sign contract for oil platforms with SBM Offshore, says executive

    Brazil's state-run ​oil firm Petrobras' ‌negotiation with SBM Offshore for two ​floating oil ​and gas production vessels (FPSO) ⁠for its Sergipe ​deepwater project is ​done, an executive from the company said ​on Thursday.

Peer companies

  • Subsea 7 S.A. (ACGYF)
  • Delek Group Ltd. (DLKGF)
  • MODEC, Inc. (MDIKF)
  • Saipem S.p.A. (SAPMF)
  • SBO AG (SBOEY)
  • Seatrium Limited Unsponsored ADR (SMBMY)
  • Subsea 7 S.A. (SUBCY)
  • Worley Limited (WYGPF)

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