I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

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
Labels:

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

Subscribe to: Post Comments (Atom)
Related Posts with Thumbnails