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Annual Report 2010 - SBM Offshore

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In addition to these main centres, the Company is present<br />

in several countries for regional marketing and<br />

sales, local management of offshore operations and construction<br />

activities.<br />

In respect of the Company’s activities, including both<br />

the supply of facilities on a sale basis and the lease and<br />

operate activities, there is a Group Management System<br />

defining the Company’s procedures. The Company’s<br />

Corporate Engineering Standards ensure a common<br />

design approach in the four centres and facilitate the<br />

optimal use of the skills and global resources available<br />

for the execution of large and complex projects.<br />

The Company sells or leases offshore facilities generally<br />

by outsourcing all hardware components and<br />

construction services. Therefore, it does not own any<br />

manufacturing plant, construction yard or shipyard with<br />

the exception of a partially owned construction yard in<br />

Angola, which will be developed into an FPSO integration<br />

facility. One of the Company’s strengths is that it<br />

possesses all the engineering, project management and<br />

Company Organisation Chart<br />

Lease &<br />

Operate<br />

Corporate Functions<br />

Schiedam, Marly, Monaco<br />

<strong>SBM</strong> <strong>Offshore</strong> N.V.<br />

Netherlands<br />

Turnkey<br />

Systems<br />

offshore installation competencies in-house to execute<br />

large complex systems, without having to rely on external<br />

resources, except for the liquefaction techno logy<br />

related to LNG FPSO topsides.<br />

Future focus<br />

The Company’s business direction is characterised by<br />

market-oriented technology innovation. The Company<br />

is a trendsetter in the development of new, cost effective,<br />

technologically fit-for-purpose solutions which<br />

optimally respond to clients’ changing needs. Today,<br />

the Company’s focus is on providing solutions for ultradeep<br />

water production, arctic environment floating<br />

production and Floating LNG (FLNG) developments.<br />

The Company is also engaged in development work<br />

for renewable energy systems in the marine environment.<br />

In order to protect and expand its leading market<br />

position, the Company devotes significant attention<br />

to research, development, and the protection of<br />

Intellectual Property.<br />

Turnkey<br />

Services<br />

Overview<br />

<strong>SBM</strong> <strong>Offshore</strong> – <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong> 13

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