Annual Report 2010 - SBM Offshore

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For smaller gas-supply rates, the Company proposes LNG Carrier conversion-based FSRUs, or the Company’s patented Gas Link TM arrangement. This system is designed to supply LNG to small and isolated markets, allowing consumers currently running on diesel to use cheaper and cleaner LNG without the need for large upfront investments. The Gas Link TM arrangement provides additional opportunities for the Companydeveloped cryogenic hoses and swivels. Jack-up and Crane Technologies The Company further developed its core technology of the 'pin-in-hole'-type hydraulic cylinder jacking system, into a patented continuous-motion version. The Company has also extended the space-saving ‘crane around the jack-up leg’ concept by incorporating the bogie-based bearing, allowing an increase in leg diameter, increased bearing capacities, and more benefits for integration and maintenance. This bearing concept has already been applied in the large offshore cranes as well as at the core of the Company’s largest internal turret moorings. A series of designs for self-propelled jack-up vessels, the NG series, with associated jacking systems and cranes, have been developed and sold for the installation of offshore bottom fixed wind turbines with capacities ranging upwards from 2,500 tonnes per leg. The most recent development is the NG9000 with a capacity of 9,000 tonnes per leg. This latest unit features both the new continuous hydraulic jacking system and the space-saving crane around the leg. Report of the Board of Management Renewable Energy Systems The Company is currently developing a wave energy converter based on existing engineering and technological expertise transferred for use in marine renewable energy systems. Significant efforts are planned for wave energy conversion over the coming years, focusing on producing a prototype wave energy converter based on breakthrough technologies. These renewable energy initiatives are described in greater detail in the Company’s Sustainability Report. SBM Offshore – Annual Report 2010 71
Report of the Board of Management 72 SBM Offshore – Annual Report 2010 Top: Deep Panuke Production Field Centre in Abu Dhabi Bottom: Deep Panuke Production Field Centre in Abu Dhabi
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Annual Report 2010
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Financial Review / Financial Statem
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1 2 Overview 11 Message from the CE
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Semi-Submersible Drilling Rig Tensi
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Deck view of the FPSO Espirito Sant
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I am pleased to report that the Com
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In addition to these main centres,
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Highlights 2010 Financial • Turno
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Shareholders As the shares are bein
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Corporate Strategy In line with the
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Annual Report 2010 - SBM Offshore

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