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SBM Offshore NV (SBM Offshore NV) Accounts Payable & Accrued Expense for Financial Companies


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What is SBM Offshore NV Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


SBM Offshore NV (SBM Offshore NV) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SBM Offshore NV (OTCPK:SBFFF) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Address
Evert van de Beekstraat 1-77, Schiphol, Amsterdam, NH, NLD, 1118 CL
SBM Offshore NV provides floating production solutions to the offshore energy industry both in hydrocarbon and renewable markets. Its main activities are the design, supply, installation, operation, and life extension of Floating Production Storage and Offloading (FPSO) vessels. The company is also working on floating offshore wind, wave energy and research and development of products for future energy markets. It has dedicated product lines to provide specific floating equipment and products such as Turret Mooring Systems (TMS) and offshore (off)loading Terminals. The Company has two segments: Lease and Operate segment includes all earned day rates on operating lease and operate contracts, and The turnkey segment includes revenues from Turnkey supply contracts and after-sales services.