568 views

Sembcorp Marine secures contract for Australian energy company

The contract is to build and install a gas topside.

Sembcorp Marine has been awarded a contract to build a gas topside for a major Australian energy company.

The contract was made through its wholly owned subsidiary, Sembcorp Marine Offshore Platforms Pte. Ltd. The contract is for engineering, procurement, construction and installation of a gas topside.

A topside refers to parts of an offshore drilling platform that are above the waterline.

READ MORE: Will higher oil prices bode well for SG's oil-related stocks?

Construction is estimated to last for four years.

Sembcorp Marine said the contract is not expected to have any material impact on the net tangible assets and earnings per share of the Group for the year ending 31 December 2022.
 

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!