By CARINE LEE
Sembcorp Marine on Tuesday said its subsidiary, Jurong Shipyard, has secured a US$385.5 million contract from Helix Energy Solutions Group Inc.
Under the contract, Jurong Shipyard will build a semi-submersible well intervention rig based on Bassoe Technology's naval architectural design with Helix's equipment layout.
The rig is scheduled for delivery in January 2015 and is not expected to have any effect on the group's financials for the year ending Dec 31, 2012.
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