SBM OFFSHORE N.V. RECEIVES EXTENSION FOR LEASE AND OPERATE CONTRACT FOR FPSO MARLIM SUL


1.     Extension for lease and operate contract for FPSO Marlim Sul

The Company has received an extension of 26 months for the lease and operating contract of the FPSO Marlim Sul from Petrobras. This extension will begin in April 2012, at the end of the initial lease period which was 8 years.

FPSO Marlim Sul is capable to process 100,000 bpd of crude oil production and 2.3 million Sm³/d of gas compression. The produced gas is exported through Campos Basin pipelines. The process plant includes gas treatment and compression, as well as water injection facilities.

Contact person:      Mr. Sebastiaan de Ronde Bresser

Telephone: (+377) 92 05 85 15
Mobile: (+33) 643 919 312
Fax: (+377) 92 05 89 40
E-mail: sebastiaan.derondebresser@sbmoffshore.com
Website: www.sbmoffshore.com

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Attachments

SBM Offshore Press Release
GlobeNewswire

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