Industry News

EMGS awarded Contract for Survey in India

Electromagnetic Geoservices ASA ("EMGS" or the "Company") is pleased to announce that the Company has signed a Contract with an undisclosed client for a CSEM survey in India.The survey is expected to have a contract value of approximately USD 10 million, including...

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SBM Offshore completes US$1.5 billion financing of Jaguar

Amsterdam, November 21, 2024 SBM Offshore announces it has completed the project financing of FPSO Jaguar for a total of US$1.5 billion.  The project financing was fully secured by a consortium of 16 international financial institutions. The Company expects to draw...

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Weekly share repurchase program transaction details

November 20, 2024 SBM Offshore reports the transaction details related to its EUR130 million (c. US$140 million) share repurchase program for the period November 14, 2024 through November 20, 2024. The repurchases were made under the EUR65 million share repurchase...

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