SBM Offshore NV is engaged in the provision of floating production solutions to the offshore energy industry. It operates through the Lease & Operate and Turnkey segments. The Lease & Operate segment is focused on all earned day-rates on long-term operating lease and operate contracts. The Turnkey segment consists of revenues from Turnkey supply contracts and after-sales services, which includes large production systems, large mooring systems, deep water export systems, fluid transfer systems, tanker loading and discharge terminals, design services and supply of special components, and proprietary designs and equipments. The company was founded in 1965 and is headquartered in Schiphol, the Netherlands.