Sembcorp Marine has been picked by Shell to build the floating production unit (FPU) for the Whale field in the US Gulf of Mexico.
The Energean Power hull has undocked from the COSCO shipyard, in Zhoushan, China, and floated out.
Engineering and construction firm Sembcorp Marine has inked a £125 million deal to refurbish an installation which will serve in the UK North Sea.
Sembcorp Marine has completed the £30m acquisition of the intellectual property rights of Sevan Marine.
Maersk Oil’s landmark North Sea project is “bang on schedule” with contracts for hook-up and commissioning expected to be awarded “in the next couple of months”.
Sembcorp Marine has successfully delivered the Maersk Highlander to Maersk Drilling.
Sembcorp Marine Ltd., which posted its first loss in more than a decade in the fourth quarter, saw its shares jump by the most in nearly a month amid talk that the company could be taken private.
Sembcorp Marine has posted a loss of $536.9million for the fourth quarter of last year amid the decline in oil price.