SBM Offshore first-quarter revenues slip on weaker turnkey business

Modec

12/05/2021 06:13

May 11 (Reuters) - Oil and gas services firm SBM Offshore
 SBMO.AS  on Wednesday reported a drop in first-quarter
revenues, mainly due to a lower contribution from its turnkey
business.
    The Dutch company, which supplies floating oil and gas
production vessels, posted revenues of $513 million in the
quarter, down from $607 million a year earlier.

 (Reporting by Juliette Portala. Editing by Mark Potter)
 ((juliette.portala@thomsonreuters.com ; +48 698 901 454))