Tag: SBM Offshore

News

SBM Offshore preparing Suriname

SBM Offshore preparing Suriname 

February 19, 2025

First Promising Offshore Oil Project eyesonsuriname Amsterdam, 19 feb. 2025– SBM Offshore is taking the lead in developing Suriname’s first offshore oil project. The company is already fully engaged in training local talent, well before the first Floating Production Storage and Offloading unit (FPSO) becomes operational in 2028 for TotalEnergies’ GranMorgu project. “We started three years earlier than…
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Reducing AFM Fine for SBM Offshore

Reducing AFM Fine for SBM Offshore

February 19, 2025

Bribery Case eyesonsuriname Amsterdam, Feb.19th 2025–The fine imposed by the Dutch Financial Markets Authority (AFM) on SBM Offshore has been substantially reduced from 2 million to 675,000 euros. This penalty, which was imposed in 2019 for failing to timely inform investors about bribery issues in Brazil, was significantly lowered after legal opposition by the Trade…
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