SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. The company operates through two segments, Lease and Operate, and Turnkey. It is involved in the design, supply, installation, operation, lease, and life extension of floating production, storage and offloading (FPSO) vessels; and semi-submersibles, tension leg platforms, FPSO liquefied natural gas vessels, turret mooring systems, deep water export systems, swivel stack systems, fluid transfer systems, tanker loading and discharge terminals, and solutions for renewable energy. The company also provides after sales services; swivels and mechanical parts; and emergency interventions and rapid response solutions. As of December 31, 2017, it operated a fleet of 14 FPSOs, 2 floating storage and offloading systems, 1 mobile offshore production unit, and 1 semi-submersible unit. The company was formerly known as IHC Caland and changed its name to SBM Offshore N.V. in 2005. SBM Offshore N.V. was founded in 1862 and is headquartered in Amsterdam, the Netherlands. Lloyds forecast: will Lloyds share price return to £1? Third party data forecastWhat’s next for Lloyds amid higher inflation and the start of a potential recessionary cycle in the UK?
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