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Sete Brasil Participacoes SA Company News
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Brazilian Government Plans to Open Talks with Keppel, Sembcorp Marine
Brazil plans to opens talks with Singapore's Keppel Corp. and Sembcorp Marine to find solutions to the challenges they faced in the country, including issues arising from an ongoing corruption probe.
8:00 PM EST | September 04, 2016
Singapore Rig Giant's Man In Brazil Says Managers Backed Bribes
Keppel Corp.'s Brazil problems just keep growing.
8:00 PM EST | August 02, 2016
Keppel Sees Prolonged Dearth Of Oil-Rig Orders Amid Glut
Keppel Corp., the world's largest builder of oil rigs, sees little prospect of an improvement in global demand amid a supply surplus that's caused quarterly profit to fall to the lowest in almost a decade.
8:00 PM EST | July 21, 2016
Sembcorp Marine to Contest EIG Management's Claim in U.S. Legal Suit
Sembcorp Marine and its unit Jurong Shipyard have been served with summons in a legal suit filed by EIG Management in the U.S. over the latter's $221 million investment in Sete Brasil.
8:00 PM EST | June 02, 2016
Industry Needs to Make Tough Call on Deepwater Projects in Challenging Time
Difficult decisions are needed to tackle challenges in the current market as the number of deepwater projects dropped 42 percent in the past year to 122.
8:00 PM EST | May 17, 2016
Sembcorp Marine's 1Q 2016 Net Profit Falls 48% YOY to $41M
Sembcorp Marine's net profit falls 48 percent in the first quarter of 2016 to $41 million, compared to $79 million a year ago amid lower revenue from rig construction.
8:00 PM EST | April 27, 2016
Rig Leaser Sete Brasil To File For Bankruptcy Protection
Brazil's rig leaser Sete Brasil Participacoes SA has decided to file for bankruptcy protection.
8:00 PM EST | April 19, 2016
Asian Yards See Weaker Revenues amid Uncertainty in Brazil
Major Asian yards are bracing for greater turbulence in their earnings as the future of Brazilian construction projects remains unclear.
8:00 PM EST | March 17, 2016
Keppel Updates on Investigations into its Petrobras/Sete Brasil Contracts
Singapore's Keppel Corp. updates on official investigations into contracts signed by its entities with Petrobras and/or Sete Brasil.
7:00 PM EST | February 22, 2016
Keppel O&M Posts 4Q 2015 Net Loss of $42.5M, Updates on Brazil Contracts
Keppel Offshore & Marine posts a net loss of $42.5 million for fourth quarter 2015, down from a net profit of $200.1 million in the previous year.
7:00 PM EST | January 21, 2016
Petrobras Rig Supplier Said Close to Getting $4 Billion Loan
Sete Brasil, the oil rig-supplier embroiled in Brazil’s biggest graft scandal, expects to secure $4 billion in fresh funding to finish work on some rigs, says a person with direct knowledge of the matter.
8:00 PM EST | July 02, 2015