1、Table of Contents 1 Overview11.1 Message from the CEO11.2 Group Profile31.3 Snapshot 201261.4 Stakeholders Information81.5 Corporate Strategy111.6 Corporate Management Systems&ComplianceTable172 Report of the Supervisory Board202.1 Supervisory Board Report202.2 Remuneration Report312.3 Information r
2、egarding the Supervisory BoardMembers423 Report of the Board of Management453.1 Report of the Board of Management-Introduction453.2 Main Activities in Chronological Order543.3 Product and Technology Development593.4 Corporate Governance633.5 Risk Management773.6 Compliance903.7 HSSE933.8 Human Resou
3、rces1023.9 Sustainable Initiatives1083.10 Information regarding the Board of Management1134 Financial Report 20121164.1 2012 Overview1164.2 Financial Statements1344.3 Other Information2134.4 Independent Auditors Report2154.5 Key Figures2175 Performance Indicators2185.1 Reporting Scope2185.2 Performa
4、nce Indicators2215.3 Notes231 1 Overview 1.1 Message from the CEO 2012 was a tough year for SBM Offshore,perhaps the toughest in our history.But we can be proud of someimportant achievements.In several vital respects,SBM is a Company transformed.And we are on route toclosure of the legacy projects t
5、hat mar our financial performance.Before I review 2012,I want to take a step back,to look at what SBM stands for,and to describe the prize we arepursuing.The global oil&gas industry is heading offshore.From Brazil,to West and East Africa,and the Arcticthe future lies in deep-water developments in ch
6、allenging sea states.In 2000 there were 44 deep-water fields inproduction.By the end of 2013,the figure is expected to exceed 450,with many development plans envisagingFPSOs as a 30 year plus,life-of-field,production solution.Industry capex is accelerating commensurately withthese shifts.At this tim