Offshore staff

NETHERLANDS -- SBM Offshore NV has received an extension of one of its FPSO lease contracts and a number of turnkey supply orders.

Petrobras has exercised its three-year extension option in the lease contract for the Brasil FPSO, owned and operated through an SBM/MISC Berhad joint venture. The FPSO will continue working in the Roncador field offshore Brazil until May 2012.

New turnkey supply orders include one from Total Cameroon for the supply and the offshore change-out of a CALM buoy and ancillaries at the Kole field offshore Cameroon. The CALM buoy, which was built at the Nigerdock yard in Lagos, is the second structure for the offshore industry built locally by SBM in Nigeria and subsequently exported.

Statoil ASA has contracted with SBM for a large swivel stack comprising high-pressure oil and gas flow paths and hydraulic and electric control swivels. The stack will be installed on the Norne FPSO operating offshore Norway as part of an upgrade of the vessel and tie-in of additional production.

Chinese drilling contractor COSL has placed an order for the basic design package for the construction of two jackup drilling rigs and the supply of leg fixation and drill floor skidding systems for the two units.

2/21/2007