Thursday, November 29, 2012

SembMarine wins $984m drillship contract

Sembcorp Marine, through its Jurong Offshore's wholly-owned subsidiary, has secured a drillship contract worth US$806.4 million ($984.1 million) from Sete Brasil Participacoes SA (Sete Brasil).

The contract calls for the design and construction of a drillship based on Jurong Shipyard's proprietary Jurong Espadon drillship design.

The unit is scheduled for delivery no later than the third quarter of 2016.

This is the seventh unit of a series of drillships secured by the group since February 2012, SembMarine said.

 

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