SBM Offshore N.V.
SBM Offshore N.V. is a pioneer in the offshore oil and gas industry Worldwide. Our activities include the engineering, supply, and offshore installation of most types of offshore terminals or related equipment. In addition, SBM Offshore owns and operates its own fleet of Floating (Production) Storage and Offloading units. SBM Offshore has a track record of developing innovative, cost-effective solutions for the ever-changing needs of its Clients. Each company of the group contributes its technical expertise, making SBM Offshore a market leader.
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- Business Type:
- Industry Type:
- Oil, Gas & Refineries
- Market Focus:
- Globally (various continents)
- Over 1000
At SBM Offshore, our people have unrivaled experience and understanding of the needs of the global offshore energy industry. Our product development is driven by evolving market demand.
SBM Offshore believes the oceans will provide the world with safe, sustainable and affordable energy for generations to come. We share our experience to make it happen. With two thirds of the world’s cities near a shoreline, the oceans contain the key to our energy future. Knowing how to harness the energy in and below the world’s waters is what positions SBM Offshore as a company with an important role to play in the global energy development. From today’s oil and gas to tomorrow’s wind and wave, we are uniquely positioned to facilitate the energy transition.
The Company’s main activities are the design, supply, installation, operation and the life extension of floating production solutions for the offshore energy industry over the full lifecycle. The Company is market leading in leased floating production systems, with multiple units currently in operation.
The Group is committed to conducting business in a sustainable way over the long-term by developing close relationships with local people, communities and businesses in host countries, and by safeguarding the natural environment.
It is our goal and driving ambition to be the trusted partner of choice, delivering reliable, complete floating production solutions that create value for SBM Offshore’s clients, by sustainably and passionately leveraging the Company’s technology and operating experience.
The Company employs approximately 4,450 people worldwide spread over offices in our key markets, operational shore bases and the offshore fleet of vessels.
SBM Offshore believes the oceans will provide the world with safe, sustainable and affordable energy for generations to come. We share our experience to make it happen.
To be able to achieve this vision, the development of SBM Offshore’s strategy is based on the analysis of energy supply and demand, feedback from stakeholders, trends in the market, the Company’s capabilities to perform in its markets.
SBM Offshore’s ambition towards 2030 is to grow and create long-term value for its stakeholders. Part of the targets is to further strengthen the position of the Company in the gas and renewables market (25% of the Company’s revenue by 2030).
SBM Offshore’s strategy has been built on three strategic pillars:
Optimize core business activities and be the Best-in-Class to deliver backlog. Includes relying on the talent of our people to create value.
Transform the industry by leveraging our Fast4Ward program and Digital Transformation to improve project economics and quality in a sustainable manner, unlocking value for our clients.
Innovate as a way to maintain SBM Offshore’s technology leadership position and to evolve its product portfolio in line with market needs and expectations, in particular for the energy transition to floating gas and renewable energy solutions.
These are our Company values which are considered the key elements that will drive the successful implementation of the Company’s strategy:
We have an entrepreneurial mindset in everything we do. We deliver innovative and fit for purpose solutions with passion. In doing so we aim to exceed our clients’ expectations and proactively achieve sustainable growth. We balance risks and rewards.
We respect and care for each other and our community. We value teamwork and diversity. We listen to all our stakeholders. Health, Safety, Security and the Environment are paramount to everything the Company does.
We act professionally and in an ethical, honest and reliable manner. Transparency, doing the right thing and consistency are essential in the way we behave towards all our stakeholders.
We are all accountable to deliver on our commitments and pursue our objectives with energy and determination. Quality is of the essence to us. We say what we do and do what we say
To our clients
Whatever your floating production needs, we will deliver.
We understand the offshore production business in its entirety and can leverage our unrivalled experience and expertise to supply exactly what our clients need, whatever the demands of the offshore environment
To our shareholders
We will use our expertise and technological know-how to create significant value.
We are the most experienced solutions provider in the offshore energy production market – a position that gives us a ‘preferred supplier’ status, and enables us to deliver superior financial returns whilst maintaining a good risk/reward balance
To our business partners
Building long-term partnerships will remain key to our performance and ability to deliver.
We are dedicated to building deep long-term relationships with our business partners so, together, we can confidently supply the needs of all our clients through the whole product lifecycle.
To our employees
A safe and stimulating working environment.
We aim to attract and retain a diverse set of highly talented people, and will maximise their opportunities for success by providing stimulating challenges, excellent training and high levels of work satisfaction – all in an incident free workplace.
To society and the environment
We care for people and environments wherever we operate,
We care for the lives of the people where we operate – we are committed to being globally aware, promoting local development and operating with integrity – and we understand our responsibilities to run a safe operation and to protect the environment.