SBM warns of loss

SBM staring at loss: cost overruns on MOPU Yme and Deep Panuke mean large impairment charge for SBM Offshore

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By Eoin O'Cinneide

 28 July 2011 08:36 GMT

SBM Offshore has warned of a net loss in the first half as it drags a pair of clients through the courts over contractual wrangling.

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