SOURCE: SBM Offshore N.V.

September 17, 2010 12:13 ET

SBM OFFSHORE N.V. AWARDED LETTER OF AGREEMENT FOR LEASE OF DeepDraft®; SEMI PRODUCTION FACILITY HUB FOR THE GOM

SCHIEDAM, NETHERLANDS--(Marketwire - September 17, 2010) -



1. DeepDraft® Semi-Submersible Production Facility for Tubular Bells field in the GOM

A letter of agreement has been signed for the provision, lease and operation of a semi-submersible production facility for the Tubular Bells field in the Gulf of Mexico (GOM). The agreement allows SBM Offshore to start engineering and commit substantial hardware investment in the facility until final sanction which has been scheduled for the second quarter of 2011.

The final lease and operate contract will be based on a production handling agreement for the facility for an initial 5 years period.

The initially committed value is limited to US$ 170 million and SBM Offshore will design, construct, install, and operate the production facility.



To see the complete pdf version of this press release, please click on the link below:


[HUG#1445175]


SBM Offshore press release: http://hugin.info/130754/R/1445175/388610.pdf

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

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(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: SBM Offshore N.V. via Thomson Reuters ONE

Contact Information

  • Contact persons: Mr. Sebastiaan de Ronde Bresser

    Telephone: (+377) 92 05 85 15

    Mobile: (+33) 643 919 312

    Fax: (+377) 92 05 89 40

    E-mail: Email Contact

    Website: www.sbmoffshore.com


    Or Mr. Mark Miles

    Telephone: (+377) 92 05 15 29

    Mobile: (+33) 643 919 314

    E-mail: Email Contact