SBM Offshore NV (SBMO.AS)

SBMO.AS on Amsterdam Stock Exchange

14 Dec 2017
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Thu, Nov 30 2017

BRIEF-Sbm Offshore Reaches Resolution With The U.S. Department Of Justice


SBM Offshore settles U.S. bribery case, to pay $238 million

WASHINGTON SBM Offshore NV , a Netherlands-based maker of offshore oil drilling equipment, and its U.S. subsidiary, SBM Offshore USA Inc, agreed to settle criminal charges of bribing officials in five countries and pay a $238 million penalty, the U.S. Justice Department said on Wednesday.

REFILE-Ex-SBM executives plead guilty in U.S. to Petrobras bribe charges

Nov 9 Two former executives at Dutch oil services company SBM Offshore NV have pleaded guilty to U.S. charges that they participated in a scheme to bribe officials at three foreign state-run oil companies, including Brazil's Petrobras.

SBM Offshore hit by rising bill for corruption cases

AMSTERDAM Marine engineering group SBM Offshore said a Brazilian investigation into its role in corruption cases had not been resolved and set aside an additional $238 million provision on Monday to cover costs from an unexpected U.S. inquiry.

UPDATE 2-SBM Offshore hit by rising bill for corruption cases

* Takes additional provision for U.S. settlement (Updates after conference call; shares drop 10 pct)

BRIEF-SBM Offshore says $238 mln provision for legacy issues based on advanced discussions with U.S. DOJ

* SBM Offshore NV-‍provision of $238 million based on advanced discussions with U.S. DOJ in relation to their reopened investigation into legacy issues, Unaoil​ Source text for Eikon: Further company coverage:

SBM Offshore takes $238 mln provision in U.S. investigation

AMSTERDAM, Nov 6 SBM Offshore, the marine engineering firm that paid $240 million to Dutch authorities to settle a Latin American bribery case in 2014, said on Monday it had taken a new $238 million provision to settle a related case with U.S. authorities, as well as another linked to its relationship with Monaco-based Unaoil.

BRIEF-SBM Offshore posts underlying directional earnings of $0.39/shr for H1

* H1 directional revenue of US$835 million, a decrease of 11 pct compared to same period last year

SBM Offshore beats estimates and increases outlook, shares rise

AMSTERDAM, Aug 9 Dutch offshore engineering company SBM Offshore said on Wednesday it beat expectations with first-half results lifted by higher investment in deep sea projects.

UPDATE 1-SBM Offshore, Repsol to get $247 million in Yme insurance settlement

July 17 Dutch oil industry services group SBM Offshore and Spanish energy firm Repsol will share an insurance payment of $247 million, less legal costs, related to a troubled Norwegian offshore project, SBM said on Monday.

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