SBM Offshore lifts 2026 revenue outlook as first quarter revenue triples

SBM Offshore NV

07/05/2026 06:16

May 7 (Reuters) - Dutch floating production specialist SBM Offshore SBMO.AS raised its 2026 revenue guidance on Thursday after first-quarter directional revenue more than tripled, driven mainly by its turnkey business and the sale of FPSO ONE GUYANA.

The Amsterdam-listed company said year-to-date directional revenue rose 216% to $3.49 billion from $1.10 billion a year earlier, and lifted its full-year directional revenue outlook to above $6.9 billion from around $6.5 billion.

 (Reporting by Hugo Lhomedet)

 ((hugo.lhomedet@thomsonreuters.com))