SBM OFFSHORE ANNOUNCES DEPARTURE OF COO
SCHIEDAM, Netherlands, Nov. 7, 2013 (GLOBE NEWSWIRE) --
SBM Offshore confirms that effective immediately Bruno Chabas, CEO, has
temporarily taken over the role of COO following the dismissal of Jean-Philippe
Although no further comments can be made at this time regarding the
circumstances leading up to his dismissal, the company can reassure the market
it is not related to the operational performance of the projects in hand.
The Company's 3Q 2013 trading update is scheduled to be released next Thursday,
November 14, 2013 at 07:30 Central European time.
SBM Offshore N.V. is a listed holding company that is headquartered in Schiedam.
It holds direct and indirect interests in other companies that collectively with
SBM Offshore N.V. form the SBM Offshore group ("the Company").
SBM Offshore provides floating production solutions to the offshore energy
industry, over the full product life-cycle. The Company is market leading in
leased floating production systems with multiple units currently in operation,
and has unrivalled operational experience in this field. The Company's main
activities are the design, supply, installation and operation of Floating
Production, Storage and Offloading (FPSO) vessels. These are either owned and
operated by SBM Offshore and leased to its clients or supplied on a turnkey sale
Group companies employ over 7,400 people worldwide, who are spread over five
execution centers, eleven operational shore bases, several construction yards
and the offshore fleet of vessels. Please visit our website at
The companies in which SBM Offshore N.V. directly and indirectly owns
investments are separate entities. In this communication "SBM Offshore" is
sometimes used for convenience where references are made to SBM Offshore N.V.
and its subsidiaries in general, or where no useful purpose is served by
identifying the particular company or companies.
The Board of Management
Schiedam, November7, 2013
For further information, please contact:
Nicolas D. Robert
Head of Investor Relations
Telephone: +377 92 05 18 98
Mobile: +33 (0) 6 40 62 44 79
Group Communications Director
Telephone: +377 92 05 30 83
Mobile: +33 (0) 6 80 86 36 91
To see the complete version of this press release, please click on the link
SBM Offshore Press Release: http://hugin.info/130754/R/1741453/585115.pdf
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