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Thursday 27 February 2014

Sembcorp Marine nabs $1.08bn in drillship contracts

Bianca Bartucciotto                   
 
 27 February 2014 00:24 GMT

Swiss-based Transocean has awarded two $540 million contracts for a pair of drillships to Sembcorp Marine’s subsidiary Jurong Shipyard in Singapore.

Posted by Createwealth8888 at 08:58
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2 comments:

  1. CreateWealth888827 February 2014 at 08:59:00 GMT+8

    Has been quiet for months and sudden burst of news.

    SML is still okay with more earning visibility.

    So is SCI.

    :-)

    ReplyDelete
  2. CreateWealth888827 February 2014 at 14:26:00 GMT+8

    SEMBCORP Marine's subsidiary Jurong Shipyard has signed two contracts for US$540 million each to build two drillships with options for three additional units from a subsidiary of Transocean Limited.

    Scheduled for delivery in 2Q 2017 and 1Q 2018, the drillships will be built based on Jurong Shipyard's proprietary Jurong Espadon III design that are specifically designed for enhanced drilling operations.

    Transocean currently owns and operates six drilling rigs built by Sembcorp Marine's yards, including three jack-ups and one semi-submersible delivered by PPL Shipyard and two semi-submersibles built by Jurong Shipyard.

    ReplyDelete

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