SFO secures £1.2million from owner of luxury London home who bribed Petrobras
The Serious Fraud Office (SFO) has secured £1.2million from the owner of a luxury London apartment bought after bribing Brazilian state oil firm Petrobras.
SBM Offshore
Revenues up 16% for SBM Offshore thanks to Guyana and Brazil FPSOs
Dutch shipbuilder SBM Offshore has seen underlying revenues increase by 16% thanks to major orders for FPSO vessels in Guyana.
Former Unaoil boss jailed for bribes to win $1.7bn contracts in war-torn Iraq
A former Unaoil executive has been jailed for more than three years for paying bribes to win $1.7bn of contracts in post-occupation Iraq.
TechnipFMC, SBM celebrate deals as Exxon sanctions latest Guyana development
US oil major ExxonMobil has made a final investment decision to develop the $9 billion, 600 million barrel Payara field off Guyana.
Aberdeen oil boss bribery case ‘straddled lockdown like no other’ says SFO chief
The head of the Serious Fraud Office (SFO) has said a case that saw the conviction of an Aberdeen oil man for bribery “straddled the lockdown period like no other”.
SBM completes financing of FPSO for Exxon’s Liza field
SBM Offshore has completed financing of $1.14billion (£886m) to pay for the vessel which will serve ExxonMobil’s giant Liza field off Guyana.
SBM to provide production vessel for Liza project
ExxonMobil has awarded SBM Offshore contracts to carry out front end engineering work on a second floating production vessel for the Liza development off Guyana.
Fresh bribery charges against Unaoil over £555million pipeline contract
The Serious Fraud Office (SFO) has brought fresh bribery charges against Unaoil in relation to a £555million contract.
SBM cuts first steel on Liza FPSO
Dutch ship builder SBM Offshore has cut first steel on the vessel which will serve ExxonMobil’s Liza field offshore Guyana.
Shell wraps up takeover of Turritella FPSO
Dutch oil and gas vessel builder SBM Offshore has completed the sale of the Turritella FPSO to Shell.
SBM Offshore completes $720m financing FPSO
SBM Offshore today confirmed the successful financing of its FPSO Liza, totaling $720million.
SBM reaches settlement with insurers over Yme platform fiasco
Dutch oil service firm SBM Offshore said today it had reached a settlement with insurers for the Yme platform, which had to be scrapped amid structural concerns.
SBM Offshore revenues down 11% in first half as clients remain cautious
Dutch oil service firm SBM Offshore said today that its first-half revenues were in line with guidance and that it had managed to integrate three new FPSOs into its fleet.
SBM, Repsol agree huge settlement with insurers
Dutch firm SBM Offshore and Spanish energy giant Repsol will share the proceeds of a $247 million pay-out from insurers.
Exxon awards Liza FPSO to SBM Offshore
ExxonMobil has confirmed the award of contracts for the next phase of the Liza project in Guyana – including one for SBM Offshore.
SBM Offshore nets EDF pilot floating windfarm contract
SBM Offshore has won a contract with EDF for work on a pilot floating windfarm for its Provence Grand Large project.
SBM Offshore snap up former Shell CFO for new role
SBM Offshore has snapped up oil major Shell's current chief financial officer for a new role with the company.
Video: SBM Offshore marks first oil from Cidade de Saquarema FPSO
SBM Offshore has marked a milestone after achieving first oil from its floating, production, storage and offloading (FPSO) vessel offshore Brazil.
Arnlea Systems wins first fleet deal with SBM Offshore
Arnlea Systems won its first fleet deal with SBM Offshore.
SBM chief executive settles with Brazilian prosecutors
SBM Offshore’s chief executive has avoided an admission of guilt after settling with Brazilian prosecutors over “personal favouritism” charges.
SBM Offshore backs chief executive as Brazilian probe continues
SBM Offshore has said there is no impediments to its current chief executive continuing in his role after a number of charges were made against the company by Brazilian prosecutors. Last week it was announced 12 people had been charged in connection with an alleged bribery scheme involving SBM Offshore and Petrobras.
SBM Offshore invited to tender for Brazilian vessels
SBM Offshore has been invited by Petrobras to tender for the provision of two FPSOs.
SBM Offshore hires former Technip president
SBM Offshore has reintroduced its chief operating officer position with the appointment of a former Technip president. Philippe Barril has also been appointed as a member of the company’s management board. Mr Barril served in a number of different roles with Technip including as executive vice president and as chief operating officer of both onshore and offshore.