SBM Offshore NV engages in the provision of floating production solutions to the offshore energy industry. It operates through the Lease and Operate; and Turnkey segments. The Lease and Operate segment includes all earned day-rates on long-term operating lease and operate contracts. The Turnkey segment includes Monaco, Houston, Schiedam, Kuala Lumpur, and Rio regional centers that derive revenues from turnkey supply contracts and after-sales services. The company was founded in 1965 and is headquartered in Schiedam, the Netherlands.