SBM Offshore

SBM Offshore signed a USD-400-million production-handling agreement with operator Noble Energy. SBM will produce oil to the Thunder Hawksemisubmersible production unit from the Big Bend and Dantzler fields, both of which are located at water depths of more than 6,000 ft. First oil is expected from Big Bend in late 2015, and from Dantzler in the first quarter of 2016.


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