Jurong Shipyard Signs Acceptance Notice for P-54 Project

SembCorp Marine's subsidiary, Jurong Shipyard has signed and accepted the Notice of Award from Petrobras Netherlands BV (PNBV) on June 17, 2004 in to convert the VLCC Bar o De Mauá into a Floating Production Storage Offloading (FPSO) platform, the P-54 for US$628.8 million (S$1.068 billion).

With this award, the current total order book for SembCorp Marine stands at S$2.2 billion.