Russian authorities on Monday ordered the shutdown of two-thirds of offshore oil loading capacity at a Black Sea tanker ...

SBM Offshore secured a 20-year lease contract for the Trion project in the Gulf of Mexico and ordered two new MPF hulls to optimize tendering activities, reflecting confidence in the robust FPSO ...

SBM Offshore reports the transaction details related to its EUR130 million (c. US$140 million) share repurchase program for ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

NET Enterprise is targeting new opportunities in India's deepwater engineering and PMC markets, managing director Ashwin ...

Record Directional 1 Revenue of US$6.1 billion (+35%), in line with guidance Record Directional EBITDA of US$1.9 billion (+44%), in line with guidance Record US$35.1 billion Directional backlog; ...

Commissioned by SBM Offshore for ExxonMobil Guyana, the One Guyana FPSO is designed to produce around 250,000 barrels of oil per day (bopd). It will also have a gas treatment capacity of around ...

Deal aims for development of ’standardised’ AI-enabled, floating gas power units, with initial deployment targeted for UK and Norwegian waters ...

On Monday, Barclays (LON:BARC) adjusted its stance on SBM Offshore NV shares, downgrading the company’s stock rating from Overweight to Equal Weight. The new price target has been set at EUR25.00. The ...