SBM Offshore N.V. expands on its core floating production capabilities through two primary business segments: Lease and Operate, and Turnkey. The Lease and Operate segment focuses on earning day rates on long-term operating leases for its fleet of Floating Production Storage and Offloading (FPSO) vessels. The Turnkey segment generates revenue from engineering, supply contracts, and after-sales services for large production and mooring systems. In addition to its traditional oil and gas infrastructure, the company provides turret mooring systems, semi-submersibles, and is expanding into renewable energy markets with floating offshore wind solutions. SBM Offshore operates globally, maintaining a significant presence in key offshore regions such as Brazil, Guyana, and West Africa.