Market Overview – November 2011 Singapore - SBM Offshore
Market Overview – November 2011 Singapore - SBM Offshore
Market Overview – November 2011 Singapore - SBM Offshore
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Local content: <strong>SBM</strong>’s way to do business<br />
Partnership or investment in local yards: PAENAL (Angola) and MAUA (Brazil)<br />
P 57: 65 % of local content, first FPSO achieving this level in Brazil<br />
Local workforce<br />
80.00%<br />
70.00%<br />
60.00%<br />
50.00%<br />
40.00%<br />
30.00%<br />
20.00%<br />
10.00%<br />
0.00%<br />
Percentage of national crew in <strong>SBM</strong> <strong>Offshore</strong><br />
fleet at year- end 2010<br />
Brazil Angola Malaysia Overall<br />
Long term business partners are key to our performance , ability to<br />
invest and deliver<br />
page 29
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