SBM Offshore - Operations

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 (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 and engineering, turnkey supply, and specialised services such as maintenance and offshore installation. The most recent addition to the product line is midscale LNG (liquefied natural gas) FPSOs for a capacity in the range of 1 and 2 MTPA (Million Tonne Per Annum) with Nitrogen expansion liquefaction technlogy, developed in collaboration with The Linde Group.

The firm operates from four main execution centres: the global headquarters in Schiedam, Monaco, Kuala Lumpur, and Houston. The company employs over 6,200 individuals worldwide.

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

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