Floating production services provider SBM Offshore N.V. (SBFFY) announced that its chief executive officer Bruno Chabas has been reappointed to serve a second four-year term on the company’s management board.
Chabas was reappointed today during a shareholders meeting for a term running into 2020, designated by the supervisory board to continue as CEO.
Chabas joined SBM as COO in May 2011 and became CEO in January 2012.
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The price of palm oil in Malaysia fell for the third consecutive session on Tuesday due to weak demand from major destination markets.
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Orsted, a Danish company, announced on Wednesday that it had agreed to sell to Taiwanese Cathay Life Insurance a 50% share…
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