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SBM Offshore raises Q3 directional revenue by 26% and lifts EBITDA guidance

SBM Offshore reports Q3 2025 directional revenue of USD 3.6bn (+26% y/y) with a strong contribution from directional turnkey revenue (+90%). The company delivered three large FPSO units, raised its EBITDA guidance to about USD 1.65bn and saw a modest share rise of 2%. Net debt stood at USD 5.8bn; SBM announced strategic partnerships in AI and digital, set cash-return targets for 2025–2030, and is considering an early buy of the One Guyana to reduce debt. » More on de.investing.com