SBM Offshore Company Description
SBM Offshore's essential business centers on offshore drilling. SBM is the managing holding company of a group of international businesses that provide supplies and construction services for the worldwide offshore oil and gas drilling industry. The company has pioneered and patented numerous technologies related to offshore drilling and dredging operations, especially single point mooring (SPM) systems for offshore loading of oil tankers. The company was known as IHC Caland until 2005, when it divested its shipyard operations as a separate company called IHC Holland Merwede.
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The Company Description provides a historical perspective of SBM Offshore's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of SBM Offshore's evolution in the marketplace.
