{"id":8098,"date":"2025-02-19T17:06:02","date_gmt":"2025-02-19T17:06:02","guid":{"rendered":"https:\/\/www.sbmoffshore.com\/?p=8098"},"modified":"2025-02-19T17:06:02","modified_gmt":"2025-02-19T17:06:02","slug":"fpso-almirante-tamandare-producing-and-on-hire","status":"publish","type":"post","link":"https:\/\/www.sbmoffshore.com\/newsroom\/fpso-almirante-tamandare-producing-and-on-hire\/","title":{"rendered":"FPSO Almirante Tamandar\u00e9 producing and on hire"},"content":{"rendered":"

SBM Offshore announces that FPSO Almirante Tamandar\u00e9 <\/em>is formally on hire as of February 16, 2025 after achieving first oil and the completion of a 72-hour continuous production test leading to Final Acceptance.<\/p>\n

FPSO Almirante Tamandar\u00e9<\/em> is the largest oil producing unit in Brazil with\u00a0a processing capacity of 225,000 barrels of oil and 12 million m3<\/sup>\u00a0of gas per day. This FPSO has an\u00a0estimated greenhouse gas (GHG) emission intensity below 10 kgCO2e\/boe[1]<\/a> and benefits from emission reduction technologies such as the closed flare technology which increases gas utilization, preventing it from being burnt into the atmosphere. FPSO Almirante Tamandar\u00e9<\/em> is the first unit in Brazil to receive a Sustainability-1 Notation[2]<\/a> certification reflecting the Company\u2019s efforts to reduce emissions over the lifecycle of the vessel.<\/p>\n

FPSO Almirante Tamandar\u00e9 <\/em>is owned and operated by special purpose companies owned by affiliated companies of SBM Offshore (55%) and its partners (45%). The FPSO will operate under a 26.25-year charter and operation services contracts with Petr\u00f3leo Brasileiro S.A. (Petrobras).<\/p>\n

FPSO Almirante Tamandar\u00e9<\/em> is installed at the B\u00fazios unitized field located in the Santos Basin, approximately 180 kilometers offshore Rio de Janeiro in Brazil. The B\u00fazios unitized field is operated by Petrobras (88.99%) in partnership with CNODC (3.67%) and CNOOC (7.34%).<\/p>\n

 <\/p>\n

 <\/p>\n

Corporate Profile<\/p>\n

SBM Offshore is the world\u2019s 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.<\/p>\n

More than 7,400 SBMers collaborate worldwide to deliver innovative solutions as a responsible partner towards a sustainable future, balancing ocean protection with progress.<\/p>\n

For further information, please visit our website at www.sbmoffshore.com<\/a>.<\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n
Financial Calendar <\/strong><\/td>\n\u00a0<\/strong><\/td>\nDate<\/strong><\/td>\nYear<\/strong><\/td>\n<\/tr>\n
Full Year 2024 Earnings<\/td>\n<\/td>\nFebruary 20<\/td>\n2025<\/td>\n<\/tr>\n
Annual General Meeting<\/td>\n<\/td>\nApril 9<\/td>\n2025<\/td>\n<\/tr>\n
First Quarter 2025 Trading Update<\/td>\n<\/td>\nMay 15<\/td>\n2025<\/td>\n<\/tr>\n
Half Year 2025 Earnings<\/td>\n<\/td>\nAugust 7<\/td>\n2025<\/td>\n<\/tr>\n
Third Quarter 2025 Trading Update<\/td>\n<\/td>\nNovember 13<\/td>\n2025<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

For further information, please contact:<\/p>\n

Investor Relations<\/p>\n

Wouter Holties<\/p>\n

Corporate Finance & Investor Relations Manager<\/p>\n\n\n\n\n\n
Phone:<\/td>\n+31 (0)20 236 32 36<\/td>\n<\/tr>\n
E-mail:<\/td>\nwouter.holties@sbmoffshore.com<\/a><\/td>\n<\/tr>\n
Website:<\/td>\nwww.sbmoffshore.com<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Media Relations<\/p>\n

Giampaolo Arghittu<\/p>\n

Head of External Relations<\/p>\n\n\n\n\n\n
Phone:<\/td>\n+31 (0)6 212 62 333 \/ +39 33 494 79 584<\/td>\n<\/tr>\n
E-mail:<\/td>\ngiampaolo.arghittu@sbmoffshore.com<\/a><\/td>\n<\/tr>\n
Website:<\/td>\nwww.sbmoffshore.com<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Market Abuse Regulation<\/u><\/p>\n

This press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.<\/p>\n

 <\/p>\n

Disclaimer<\/u><\/p>\n

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\u2019s 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 \u2018expect\u2019, \u2018should\u2019, \u2018could\u2019, \u2018shall\u2019 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 \u2018Impact, Risk and Opportunity Management\u2019 section of the 2023 Annual Report.<\/p>\n

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company\u2019s 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.<\/p>\n

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<\/a>.<\/p>\n

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 \u201cSBM Offshore\u201d and \u201cSBM\u201d 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.<\/p>\n

“SBM Offshore\u00ae<\/sup>“, the SBM logomark, \u201cFast4Ward\u00ae<\/sup>\u201d, \u201cemissionZERO\u00ae<\/sup>\u201d and \u201cF4W\u00ae<\/sup>\u201d are proprietary marks owned by SBM Offshore.<\/p>\n

 <\/p>\n

[1]<\/a> Calculated based on nameplate capacity.<\/p>\n

[2]<\/a> This sustainability certification from Bureau Veritas recognizes the Company\u2019s efforts in minimizing environmental impacts over the lifecycle of the FPSO, from design to construction and operations.<\/p>\n","protected":false},"excerpt":{"rendered":"

SBM Offshore announces that FPSO Almirante Tamandar\u00e9 is formally on hire as of February 16, 2025 after achieving first oil and the completion of a 72-hour continuous production test leading to Final Acceptance. 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