SBM Offshore completes the Share Purchase Agreements with MISC Berhad
SBM Offshore has completed two significant transactions with MISC Berhad as announced on September 6, 2024. The company has acquired MISC Berhad's complete equity interest in the lease and operating entities of FPSO Espirito Santo in Brazil, while simultaneously divesting its equity interest in the lease and operating entities of FPSO Kikeh in Malaysia to MISC Berhad.
This strategic move aligns with SBM Offshore's portfolio rationalization strategy to 'maintain focus and excellence' in operations. The company, as a global deepwater ocean-infrastructure expert, continues to focus on delivering cleaner energy production solutions and expanding into new blue economy markets with over 7,400 employees worldwide.
SBM Offshore ha completato due importanti transazioni con MISC Berhad, come annunciato il 6 settembre 2024. L'azienda ha acquisito il completo interesse azionario di MISC Berhad nelle entità di locazione e operazione di FPSO Espirito Santo in Brasile, mentre ha contemporaneamente ceduto il suo interesse azionario nelle entità di locazione e operazione di FPSO Kikeh in Malesia a MISC Berhad.
Questa mossa strategica è in linea con la strategia di razionalizzazione del portafoglio di SBM Offshore per 'mantenere la concentrazione e l'eccellenza' nelle operazioni. L'azienda, esperta globale in infrastrutture oceaniche in acque profonde, continua a concentrarsi sulla fornitura di soluzioni per la produzione di energia più pulita ed espandendosi in nuovi mercati dell'economia blu con oltre 7.400 dipendenti in tutto il mondo.
SBM Offshore ha completado dos transacciones significativas con MISC Berhad, como se anunció el 6 de septiembre de 2024. La compañía ha adquirido el interés patrimonial completo de MISC Berhad en las entidades de arrendamiento y operación de FPSO Espirito Santo en Brasil, mientras que simultáneamente ha vendido su interés patrimonial en las entidades de arrendamiento y operación de FPSO Kikeh en Malasia a MISC Berhad.
Este movimiento estratégico se alinea con la estrategia de racionalización del portafolio de SBM Offshore para 'mantener el enfoque y la excelencia' en las operaciones. La compañía, como experta global en infraestructura oceánica en aguas profundas, continúa centrada en ofrecer soluciones para la producción de energía más limpia y expandiéndose en nuevos mercados de la economía azul, con más de 7,400 empleados en todo el mundo.
SBM Offshore는 2024년 9월 6일 발표된 바와 같이 MISC Berhad와 두 가지 중요한 거래를 완료했습니다. 이 회사는 브라질의 FPSO Espirito Santo의 임대 및 운영 법에서 MISC Berhad의 전체 지분을 인수했으며, 동시에 말레이시아의 FPSO Kikeh 임대 및 운영 법에서의 지분을 MISC Berhad에 매각했습니다.
이 전략적 조치는 SBM Offshore의 포트폴리오 합리화 전략과 일치하며, '운영의 집중과 우수성을 유지하기' 위한 것입니다. 이 회사는 글로벌 심해 해양 인프라 전문 기업으로서, cleaner energy production 솔루션 제공 및 새로운 블루 경제 시장으로의 확장에 주력하고 있으며, 전 세계적으로 7,400명 이상의 직원이 있습니다.
SBM Offshore a complété deux transactions significatives avec MISC Berhad comme annoncé le 6 septembre 2024. L'entreprise a acquis l'intégralité de l'intérêt equity de MISC Berhad dans les entités de location et d'exploitation de FPSO Espirito Santo au Brésil, tout en cédant simultanément son intérêt equity dans les entités de location et d'exploitation de FPSO Kikeh en Malaisie à MISC Berhad.
Ce mouvement stratégique s'inscrit dans la stratégie de rationalisation du portefeuille de SBM Offshore pour 'maintenir le focus et l'excellence' dans les opérations. L'entreprise, en tant qu'experte mondiale en infrastructure océanique en eaux profondes, continue de se concentrer sur la fourniture de solutions pour une production d'énergie plus propre et sur l'expansion de nouveaux marchés de l'économie bleue avec plus de 7 400 employés dans le monde entier.
SBM Offshore hat zwei bedeutende Transaktionen mit MISC Berhad abgeschlossen, wie am 6. September 2024 angekündigt. Das Unternehmen hat die vollständige Beteiligung von MISC Berhad an den Miet- und Betriebseinheiten von FPSO Espirito Santo in Brasilien erworben und gleichzeitig seine Beteiligung an den Miet- und Betriebseinheiten von FPSO Kikeh in Malaysia an MISC Berhad verkauft.
Dieser strategische Schritt steht im Einklang mit der Portfoliorationalisierungsstrategie von SBM Offshore, um 'Fokus und Exzellenz' in den Operationen aufrechtzuerhalten. Das Unternehmen, ein globaler Experte für Tiefsee-Ozean-Infrastruktur, konzentriert sich weiterhin darauf, Lösungen für eine sauberere Energieproduktion bereitzustellen und sich in neue Märkte der blauen Wirtschaft auszudehnen, mit über 7.400 Mitarbeitern weltweit.
- Strategic acquisition of full control over FPSO Espirito Santo operations in Brazil
- Portfolio optimization through strategic asset rationalization
- Reduction in Malaysian market presence through FPSO Kikeh divestment
Amsterdam, January 31, 2025
SBM Offshore confirms it has completed the transactions related to the Share Purchase Agreements announced on September 6, 2024 with its partner MISC Berhad for:
i) the acquisition of MISC Berhad’s entire effective equity interest in the lease and operating entities related to the FPSO Espirito Santo in Brazil; and
ii) the full divestment to MISC Berhad of SBM Offshore’s effective equity interest in the lease and operating entities of the FPSO Kikeh in Malaysia.
This transaction furthers SBM Offshore’s efforts to rationalize our portfolio to 'maintain focus and excellence' of our operations.
Corporate Profile
SBM Offshore is the world’s deepwater ocean-infrastructure expert. Through the design, construction, installation, and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more, we unlock new markets within the blue economy.
More than 7,400 SBMers collaborate worldwide to deliver innovative solutions as a responsible partner towards a sustainable future, balancing ocean protection with progress.
For further information, please visit our website at www.sbmoffshore.com.
| Financial Calendar | Date | Year | |
| Full Year 2024 Earnings | February 20 | 2025 | |
| Annual General Meeting | April 9 | 2025 | |
| First Quarter 2025 Trading Update | May 15 | 2025 | |
| Half Year 2025 Earnings | August 7 | 2025 | |
| Third Quarter 2025 Trading Update | November 13 | 2025 |
For further information, please contact:
Investor Relations
Wouter Holties
Corporate Finance & Investor Relations Manager
| Phone: | +31 (0)20 236 32 36 |
| E-mail: | wouter.holties@sbmoffshore.com |
| Website: | www.sbmoffshore.com |
Media Relations
Giampaolo Arghittu
Head of External Relations
| Phone: | +31 (0)6 212 62 333 / +39 33 494 79 584 |
| E-mail: | giampaolo.arghittu@sbmoffshore.com |
| Website: | www.sbmoffshore.com |
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Disclaimer
Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. These statements may be identified by words such as ‘expect’, ‘should’, ‘could’, ‘shall’ and similar expressions. Such forward-looking statements are subject to various risks and uncertainties. The principal risks which could affect the future operations of SBM Offshore N.V. are described in the ‘Impact, Risk and Opportunity Management’ section of the 2023 Annual Report.
Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company’s business may vary materially and adversely from the forward-looking statements described in this release. SBM Offshore does not intend and does not assume any obligation to update any industry information or forward-looking statements set forth in this release to reflect new information, subsequent events or otherwise.
This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS. Further information on these APMs is included in the Half-Year Management Report accompanying the Half Year Earnings 2024 report, available on our website https://www.sbmoffshore.com/investors/financial-disclosures.
Nothing in this release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities. The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities. In this release “SBM Offshore” and “SBM” are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used where no useful purpose is served by identifying the particular company or companies.
"SBM Offshore®", the SBM logomark, “Fast4Ward®”, “emissionZERO®” and “F4W®” are proprietary marks owned by SBM Offshore.
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FAQ
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