SBM Offshore NV 2016 AR2
The report highlights SBM Offshore's achievements in 2016, including the successful delivery of three leased FPSOs (Cidade de Marica, Cidade de Saquarema, and Turritella), which increased the fleet's oil production capacity by 25%. Financially, the company met its revenue targets, resumed dividend payments, and completed a EUR 150 million share repurchase program. On the sustainability front, SBM Offshore reduced gas flaring under its account by 21% per production and was recognized as an Industry Leader in the Dow Jones Sustainability Index. The company also advanced its Fast4Ward standardization project and expanded its offshore renewable energy solutions.
Company: SBM Offshore NV
Sector: Mining & quarrying
Country: Netherlands
Year: 2016
Type: AR2
Pages: 277
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SBM Offshore NV
Annual Report
The report highlights SBM Offshore's achievements in 2016, including the successful delivery of three leased FPSOs (Cidade de Marica, Cidade de Saquarema, and Turritella), which increased the fleet's oil production capacity by 25%. Financially, the company met its revenue targets, resumed dividend payments, and completed a EUR 150 million share repurchase program. On the sustainability front, SBM Offshore reduced gas flaring under its account by 21% per production and was recognized as an Industry Leader in the Dow Jones Sustainability Index. The company also advanced its Fast4Ward standardization project and expanded its offshore renewable energy solutions.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Total Waste
Workplace Fatalities
Employees