Singapore’s Sembcorp Marine saw its first half profit chopped on lower contributions from rigbuilding projects, and maintained that provisions made last year for the stalled Sete Brasil contracts remained sufficient.
A world’s largest jack-up rig boasting a maximum drilling depth capacity of 10,000 metres has been delivered to Noble Corporation over the weekend, from Singapore’s Sembcorp Marine.
Singapore’s Sembcorp Marine has acquired a 50% stake in Kanfa Aragon from Sevan Marine at a price of NOK20m ($2.4m).