Temasek Holding's $3 billion bid to acquire a controlling stake in Keppel Corp will be under scrutiny on Thursday as a big quarterly profit drop at the conglomerate could raise the risk of the state investor dropping its proposal, analysts said…
Singapore's Sembcorp Marine Offshore Platforms has awarded the early works contract to Iv-Offshore & Energy for the engineering of the offshore wind farm Sofia high voltage direct current (HVDC) platform.Once operational, the RWE-operated Sofia…
Heerema Marine Contractors' giant heavy-lift vessel Sleipnir has broken a record for the largest single lift jacket removal. HMC said Monday that the record was broken in the Norwegian North Sea, where Sleipnir removed the 8100-tonne Jotun-B jacket for client Vår Energi…
German renewables giant RWE has selected a GE Renewables/Sembcorp Marine JV as the supplier for high voltage direct current (HVDC) electrical transmission system for the 1.4 gigawatt (GW) Sofia Offshore Wind Farm, off the UK.The wind farm will be located on Dogger Bank…
Singapore's Temasek Holdings stepped in on Monday to support a S$2.1 billion ($1.5 billion) rights issue by Sembcorp Marine as the state investor moves to help the city-state's struggling rig-building sector.Following the deal, loss-making Sembcorp Marine…
Work on Energean's Energean Power FPSO in Singapore has begun as Sembcorp Marine Admiralty Yard, Singapore, reopened on June 2, after the COVID-19 lockdown.The FPSO hull arrived from China in April for topside integration works in Singapore…
Shares in Sembcorp Marine and Sembcorp Industries remained halted for a second day on Friday, prompting speculation among some analysts about a potential deal between the Singapore rig builder and its parent company.'Given the concurrent nature of the trading halts…
Heerema Marine Contractors' giant semi-submersible crane vessel Sleipnir has completed its first offshore decommissioning project.The vessel, which has been around for almost a year, has so far mostly conducted installation works, such as the…
The Mediterranean-focused oil and gas company Energean has said that the hull of its Energean Power FPSO has reached Singapore.The China-built hull is expected to be fitted with the topside modules built in Singapore at the Sembcorp Yard, before setting sail to the Karish offshore field in Israel…
Mediterranean Sea-focused oil and gas company Energean Oil and Gas has informed that its Energean Power FPSO Hull sailed away from the COSCO yard in China on Friday, April 3, 2020.The hull will now be towed to the Sembcorp Marine Admiralty Yard in Singapore…
Singapore-based offshore rig builder Sembcorp Marine has said that its former consultant in Brazil has been sentenced to 19 years and four months in prison.SembMarine said Friday that Guilherme Esteves de Jesus (“GDJ”), had been convicted by…
The global marine and offshore engineering group Sembcorp Marine and Singapore's Agency for Science, Technology and Research (A*Star) have agreed to deepen their research and development (R&D) collaboration for the offshore marine and clean energy sectors…
Brazilian oil company Petrobras has informed that an arbitration tribunal has ruled in its favor in a case related to the Sete Brasil rig orders.Petrobras said that the arbitration tribunal rejected a claim made by an investor in Sete Brasil Participações S…
Singapore's Sembcorp Marine is in talks to sell two drillships previously ordered by Brazil's Sete Group.Sete was established in the early 2010s as a drilling contractor that would lease rigs to Petrobras. Petrobras had committed to charter 28 offshore drilling rigs at the time…
Offshore rig builder Sembcorp Marine has said that its Brazil subsidiary Estaleiro Jurong Aracruz's former director has been charged for corruption and money laundering. A former Sembcorp Marine consultant has also been charged.SembcorpMarine…
