Sembcorp Marine News

 

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

Feb 28, 2023

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…

100,000 barrels per day: Shell Starts Production from Vito Offshore Platform in U.S. Gulf of Mexico

Feb 16, 2023

Oil major Shell has started production from its Vito offshore platform in the US Gulf of Mexico (GoM). 'With an estimated peak production of 100,000 barrels of oil equivalent per day, Vito is the company's first deep-water platform in the GoM to employ a simplified…

Transocean Looking to Raise $500M via Senior Secured Notes Offering

Jan 09, 2023

Offshore drilling company Transocean is looking to raise $500 million through a private offering of senior secured notes due in 2028. The offshore drilling contractor said Monday that its subsidiary, Transocean Titan Financing Limited (“Transocean Titan”)…

Sembcorp Delivers 8th-generation Drillship Deepwater Titan to Transocean

Dec 29, 2022

Singapore-based shipbuilder Sembcorp Marine has delivered Deepwater Titan, the world’s second 8th-generation drillship, to Transocean subsidiary Triton Titan GmBH.Deepwater Titan is the second of two new 8th-generation drillships constructed…

Petrobras Starts Production from Itapu Offshore Oil Field via P-71 FPSO

Dec 21, 2022

The Brazilian oil and gas company Petrobras has started oil production from the P-71 FPSO in the Itapu field, in the Santos Basin pre- salt area, 200 km offshore Rio de Janeiro. The P-71 FPSO can process up to 150,000 barrels of oil and 6 million m3 of gas per day…

Offshore Wind: Ørsted Taps Sembmarine for Hornsea 2 Preventative Maintenance

Nov 04, 2022

Singapore-based Sembcorp Marine said Friday its subsidiary Sembmarine SLP had won a Planned Preventative Maintenance (PPM) contract with the Danish offshore wind developer Ørsted for the Hornsea 2 offshore wind farm, one of the world’s largest…

World's First 8th Generation Drillship Starts Maiden Contract

Oct 28, 2022

Offshore drilling company Transocean said Thursday that its Deepwater Atlas, the world's first 8th generation drillship, had started its first contract.The offshore drilling rig, delivered by Singapore's Sembcorp Marine in June, is under a contract with Beacon Offshore Energy in the U…

Sembcorp Marine to Buy Keppel Offshore & Marine for $3.2B, Scraps Merger Plan

Oct 27, 2022

Singapore's Sembcorp Marine (Sembmarine) scrapped a deal to merge with Keppel Corp's offshore and marine unit and form new company, in favour of directly buying the unit for S$4.50 billion ($3.19 billion), the Temasek-backed oil rig builder said on Thursday…

NFE Taps Sembcorp Marine to Convert Offshore Drilling Rigs to FLNG Units

Oct 20, 2022

Singapore's Sembcorp Marine has signed Master Service Agreements with New Fortress Energy Inc. for the engineering and conversion of two Sevan cylindrical drilling vessels into Floating LNG ('FLNG') liquefaction facilities, including the fabrication and integration of LNG topside modules…

Gallery: Itapu Oil Field FPSO Leaves Shipyard (Brazil)

Oct 18, 2022

Estaleiro Jurong Aracruz (EJA), a Brazilian subsidiary of Singapore's Sembcorp Marine, has completed the construction of the P-71 FPSO, integrating topsides on the China-built hull.The new FPSO vessel left the EJA shipyard on Tuesday. It will…

Borr Drilling Sells Jack-up Rig for $120M

Oct 14, 2022

Offshore drilling company Borr Drilling has entered into an agreement to sell the jack-up drilling rig 'Gyme' for a price of $120 million to an unrelated third party.The 'Gyme' is a 2018 PPL Pacific Class 400 located in Singapore. The rig has not been activated or contracted since its delivery…

Sembcorp Marine, Borr Drilling Agree on Rig Payment Delay

Oct 10, 2022

Sembcorp Marine's subsidiary, PPL Shipyard has reached definitive agreements with offshore drilling company Borr Drilling to defer its receivables from Borr Drilling from 2023 to 2025.The definitve agreements follow agreements in principle announced previously…

Petrobras Orders 10th FPSO for Búzios Field

Oct 04, 2022

Brazilian oil and gas company Petrobras has ordered a floating, production, storage, and offloading (FPSO) vessel from Singapore's Sembcorp Marine Rigs & Floaters.The FPSO, named P-82, will be deployed at the giant Búzios oil field, in the Santos Basin pre-salt area…

Report: Shell's Vito Offshore Field to Start Production in Early 2023

Aug 31, 2022

Shell's Vito deepwater oilfield in the U.S. Gulf of Mexico will start production in early 2023, partner Equinor said on Wednesday.'It is in the early stages of being installed with the intent of first production (in) early 2023,' Chris Golden…

Steerprop's Propulsion Package for Maersk's First Offshore Wind Installation Vessel

Aug 16, 2022

Steerprop, a designer and manufacturer of high-performance propulsion systems, has won a major order to supply the complete propulsion package for Maersk Supply Service's recently ordered Wind Installation Vessel (WIV). Singapore-based Sembcorp Marine Ltd…

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