Monday, February 6, 2012

Sembcorp Marine wins $987m Brazilian drillship contract

Sembcorp Marine , the world’s second largest rig-builder, said it has secured a US$792.5 million ($987 million) contract to build a drillship for Sete Brasil, a unit of state-oil firm Petrobras SA.

The contract came after Sembcorp’s rival, Keppel Corp, secured a contract from Sete Brasil worth around US$809 million to build a semi-submersible rig.

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