Annual Report 2010 - SBM Offshore

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Financial Review / Financial Statements 2010 Technology Creating Value SBM Offshore – Annual Report 2010 3
1 2 Overview 11 Message from the CEO 12 Company Profile 14 Snapshot 2010 15 Highlights 2010 16 Shareholder Information 18 Business Drivers and Competitive Position 19 Corporate Strategy 23 World Map of SBM Offshore Report of Supervisory Board 27 Introduction and Meetings of the Supervisory Board Committees 33 Remuneration Report 44 Information regarding the Supervisory Board members
Page 1 and 2: Annual Report 2010
Page 3: Financial Review / Financial Statem
Page 7 and 8: Semi-Submersible Drilling Rig Tensi
Page 9: Deck view of the FPSO Espirito Sant
Page 12 and 13: I am pleased to report that the Com
Page 14 and 15: In addition to these main centres,
Page 16 and 17: Highlights 2010 Financial • Turno
Page 18 and 19: Shareholders As the shares are bein
Page 20 and 21: Corporate Strategy In line with the
Page 22 and 23: Lease and Operate The lease and ope
Page 24 and 25: World Map of SBM Offshore Project E
Page 27 and 28: Report of Board of Management Repor
Page 29 and 30: Report of Board of Management Compo
Page 31 and 32: Report of Board of Management requi
Page 33 and 34: Report of Board of Management In co
Page 35 and 36: Report of Board of Management Remun
Page 37 and 38: Report of Board of Management Secti
Page 39 and 40: Report of Board of Management was a
Page 41 and 42: Report of Board of Management Actua
Page 43 and 44: Report of Board of Management With
Page 45 and 46: Report of Board of Management Infor
Page 47: Disconnectable Turret of the FPSO O
Page 50 and 51: Introduction The relatively high oi
Page 52 and 53: Turnkey Systems A major highlight o
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Top: Deep Panuke Production Field C
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Report of the Board of Management 0
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At the start of 2010, the Company o
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SBM Offshore employees on board an
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contract will be based on a product
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Semi-Submersible Drilling Rigs The
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Semi-Submersible drilling rig 'Delb
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Top: SBM Services repairing the Sof
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y a large buoyant structure when di
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For smaller gas-supply rates, the C
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Corporate Governance Corporate Gove
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If either the GM or the Supervisory
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Appointment and Remuneration Commit
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of the Supervisory Board are meant
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Notice to convene a meeting The not
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Routine inspection on the Yme MOPUs
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• no agreement has been concluded
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Risk Management Risk Management ope
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Strategic Irregular order intake In
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the consequences of the Deepwater H
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Funding risk Success in obtaining n
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Supervisory Board and has been disc
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Michael Wyllie British, 1958 Chief
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Financial Review / Financial Statem
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Annual Report 2010 - SBM Offshore

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