Sembcorp Marine Confirms Changes to Seadrill's Jackup Construction Contact

PPL Shipyard, a subsidiary of Sembcorp Marine and Seadrill have agreed to revised terms on the two jackup rigs ordered by Seadrill in June 2008. These terms are mutually beneficial to all parties.

The contract value of the two jackup rigs remains the same at US $430 million. The above is not expected to have any material impact on the net tangible assets and earnings per share of Sembcorp Marine for the year ending December 31, 2009.
 

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Mechanical Assembler
Expertise: Maintenance Technician
Location: Odessa
 
Pipeline Technician - Arrow
Expertise: Heavy Machinery Operator|Pipeline Services|Piping Technician
Location: Keene, ND
 
United States Odessa: Electrical/Mechanical Technician II
Expertise: Electrical Technician|Mechanical Technician
Location: Odessa, TX
 
search for more jobs

Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
Updated in last 24 hours