Singapore's Keppel Completes $3.34B Sale of Offshore Unit to Sembmarine

Published

(Photo: Keppel Offshore & Marine)
(Photo: Keppel Offshore & Marine)

Singapore's Keppel Corp said on Tuesday that Sembcorp Marine (Sembmarine) has completed a S$4.50 billion ($3.34 billion) buyout of its offshore & marine unit after receiving the necessary shareholder approvals. 

($1 = 1.3484 Singapore dollars) 

(Reuters - Reporting by Jaskiran Singh in Bengaluru; Editing by Savio D'Souza)


Current News

U.S. Oil Production Still has Growth Potential

U.S. Oil Production Still has

Dajin Forms Offshore Wind Alliance with German Port Terminal Operator

Dajin Forms Offshore Wind Alli

EnerMech Hires Former SLB Executive to Lead Energy Solutions Division

EnerMech Hires Former SLB Exec

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

Eni Expands Asian Footprint wi

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine