Sembcorp Marine
Sembcorp Marine provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the group has close to 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types.
See below for the latest Sembcorp Marine news, analysis, profit results, share price information, and commentary.
Almost 100% votes cast for Keppel, Sembmarine proposed merger
The voting was conducted on 8 December 2022 during the meeting.
Almost 100% votes cast for Keppel, Sembmarine proposed merger
The voting was conducted on 8 December 2022 during the meeting.
More large rig orders for SG shipyards expected next year
It will also be supported by oil prices.
Meeting on Keppel, Sembmarine merger resolutions to be held on 8 December
They will pass several resolutions proposed as ordinary resolutions.
Sembcorp Marine's net order book hits $7.11b
This consists of $6.80b of projects under execution.
Sembmarine unit bags maintenance contract for Hornsea 2 Offshore Wind Farm
The unit will undertake the servicing the wind farm’s low voltage and ancillary systems.
Keppel inks revised deal on merger of its O&M division with Sembcorp Marine
The revised deal will accelerate the completion of the merger.
Sembcorp Marine bags $4.25b FPSO contract from Petrobras
The company won the tender for the Buzios field.
Borr Drilling repayment to Sembcorp Marine might raise share price
It will repay partially $1.1b (US$0.8b) from 2023 to 2025.
Sembcorp Marine narrows net loss to $143m in H122
In H121, the company recorded a net loss of $647m.
Public opinion sought on Sembcorp Marine and Keppel O&M merger
The competition authority is assessing whether the merger infringes the Competition Act 2004.
Sembcorp Marine secures contract for Australian energy company
The contract is to build and install a gas topside.
Sembcorp Marine's Ropax ferry 'Dragsvik' sets sail to Norled
The battery-powered vessel can operate at a speed of 10 knots.
Sembcorp Marine’s order book to hit $1.95bn with delivery of two drill ships
The drill ships were built for Transocean.
Sembmarine delivers world’s first 8th-gen drillship to Transocean subsidiary
More than 200 crewmen can fit in the drillship.
Sembcorp Marine unveils metrics for proposed combination with Keppel O&M
Amongst these metrics is an order book of $6.4b.
Sembcorp Marine granted $200m contract to build vessel for Brazilian Navy
The vessel will be built for scientific research deployment in the Antarctic.
Sembcorp Marine's net order book hits $1.75b in Q122
Of the total net orders, $1.51b were projects under execution.
Commentary
Contract 'of' or 'for' Service? Or a New Legal Creature? The Singapore Platform Worker’s Bill