SBM Offshore2008年年度报告.pdf

1、Disclaimer Some of the statements contained in this report that are not historical facts are statements of future expectations and other forwardlooking statements based on managements current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results,

2、performance,or events to differ materially from those in such statements.Such forwardlooking statements are subject to various risks and uncertainties,which may cause actual results and performance of the Companys business to differ materially and ad-versely from the forwardlooking statements.Should

3、 one or more of these risks or uncertainties materialize,or should underlying assumptions prove incorrect,actual results may vary materially from those described in this Report as anticipated,believed,or expected.SBM Offshore N.V.does not intend,and does not assume any obligation,to update any indus

4、try information or forwardlooking statements set forth in this Report to reflect subsequent events or circumstances.SBM OffshoreAnnual Report 20082SBM Offshore Annual Report 2008/Overview3SBM Offshore Annual Report 2008/OverviewMessage from the CEOLooking back,2008 has been a year with both positive

5、s and negatives.We have seen record turnover and our order backlog reached a new high.The lease fleet and our services business continued to provide excellent results,however,our net profit was disappointing as two of our major FPSO projects incurred cost and schedule overruns during their finalisat

6、ion phase.These projects faced problems essentially caused by an overheating market for equipment and construction services which diverged significantly from the market conditions assumed in the bid proposal and was incompatible with contractual requirements.Much focus has been placed on understandi