Sbm Offshore Nv Ord (SBFFF) Q2 2022 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for holding and welcome to the SPM offshore half-year 2022 earnings. At this point, all participants are in listen-only mode. After the presentation, there will be an opportunity to ask questions. Just to remind you, this conference is being recorded. I would like to hand over the conference to Mr. Bruno Chabas. Please go ahead. Thank you very much, operator, and welcome to SBM Offshore, half-year 2022 earnings update call. My name is Bruno Chabas, CEO of SBM Offshore, and I'm joined today by my management board, Oivin Tangen, Chief Operating Officer, Douglas Woods, CFO, and for the last time, Swang Song, Philippe Baril, CTO. As announced following Philippe's departure at the end of August, the structure of the management board would be simplified. The current CTO portfolio being distributed between the management board members. So let me now present SBM Offshore results. Our main achievement for the first half of 2022 and goes through the strategic updates of the company after which Douglas would go through our financials. As always, We welcome your questions after the prepared section of this call. Please note the disclaimer. And now we go to the core of the presentation. SVM Offshore is in the energy transition business. The world needs oil and gas going forward, produced in the most responsible way. Deepwater offers one of the most carbon and cost-efficient sources of oil and gas. As such, SBM Offshore can make the most significant positive impact in creating carbon-efficient technology for new FPSO, while improving our operation with the aim at reducing greenhouse gas emissions from our existing fleet. For the medium term, SVM Offshore develops competitive renewable solutions. We create value through three platforms, through our o...