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    SBMO   NL0000360618

SBM OFFSHORE N.V

(SBMO)
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SBM Offshore N : Liza Unity FPSO project reaches milestone with completion of topsides lifting campaign

03/16/2021 | 09:22am EDT

The topsides lifting campaign for the Liza Unity FPSO was recently completed and a major project milestone was achieved. Thanks to the efforts of the integrated team, over 26,000 tons of topsides were safely lifted in position at Keppel Shipyard in Singapore, since the vessel came out of dry-dock in October of last year.

All efforts are now focused on further progressing and completing the integration activities and gradually ramping-up the onboard commissioning activities.

The FPSO Liza Unity represents SBM Offshore's first Fast4Ward® design, benefitting from standardization of the project`s execution plan and using a fully completed and commissioned MPF hull, which sets the benchmark for future FPSO projects. The project continues to target first oil in 2022 in line with client planning.

Disclaimer

SBM Offshore NV published this content on 16 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 March 2021 14:21:01 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 2 431 M - -
Net income 2021 111 M - -
Net Debt 2021 5 652 M - -
P/E ratio 2021 26,5x
Yield 2021 6,57%
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Number of Analysts 9
Last Close Price 14,52 $
Average target price 23,22 $
Spread / Average Target 59,9%
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Managers and Directors
Bruno Yves Raymond Chabas Chief Executive Officer
Douglas H. M. Wood Chief Financial Officer
Roeland Ijsbrand Baan Chairman-Supervisory Board
Philippe Barril Chief Operating Officer
Erik Lagendijk Chief Governance & Compliance Officer
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