SBM Offshore chief executive Bruno Chabas said the company recognized the anxiety in the market, but said the company was confident about its forward plan.
“Management would like to emphasize that 90% of the Company's $21.8 billion backlog, as of the end of September 2014, consists of future lease and operate income with day rates that are not dependent on oil prices or on production levels, which will continue to generate income and liquidity for many years to come,” he said.
The
