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SBM Offshore reappoints CEO

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LNG Industry,

SBM Offshore N.V. has announced that Mr B.Y.R. Chabas has been reappointed as a member of the Management Board for a second term of four years, following the Extraordinary General Meeting of Shareholders on 4 November 2015.

Mr Chabas will remain in this role until the Annual General Meeting of Shareholders in 2020. Mr Chabas has been designated by the Supervisory Board to continue his role as Chief Executive Officer of the Company.

SBM Offshore provides floating production solutions to the offshore energy industry. The Group’s main activities are the design, supply, installation, operation and the life extension of floating production, storage and ofloading (FPSO) vessels. These are either owned and operated by SBM Offshore and leased to its clients or supplied on a turnkey sale basis.

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