Industry News

SBM Offshore Full Year 2024 Earnings

Amsterdam, February 20, 2025 Record-level results, increasing total shareholder returns Highlights Record Directional1 Revenue of US$6.1 billion (+35%), in line with guidanceRecord Directional EBITDA of US$1.9 billion (+44%), in line with guidanceRecord US$35.1...

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Tenaris Announces 2024 Fourth Quarter and Annual Results

The financial and operational information contained in this press release is based on audited consolidated financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International...

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Weekly share repurchase program transaction details

Amsterdam, February 19, 2025 SBM Offshore reports the transaction details related to its EUR130 million (c. US$140 million) share repurchase program for the period February 13, 2025 through February 19, 2025. The repurchases were made under the EUR65 million share...

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SBM Offshore announces changes in Supervisory Board

Amsterdam, February 19, 2025 SBM Offshore today announces that Bernard Bajolet has, for personal reasons, decided to step down as member of the Supervisory Board after the 2025 Annual General Meeting, following seven years of service. Bernard Bajolet will continue to...

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FPSO Almirante Tamandaré producing and on hire

Amsterdam, February 19, 2025 SBM Offshore announces that FPSO Almirante Tamandaré is formally on hire as of February 16, 2025 after achieving first oil and the completion of a 72-hour continuous production test leading to Final Acceptance. FPSO Almirante Tamandaré is...

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