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SINGAPORE : Sembcorp Marine secures US$291.6m contract

Publish Date : 16-Dec-2011

Singapore\'s Sembcorp Marine, the world\'s second largest rig-builder, said on Thursday that its unit has secured a US$291.6 million worth of contract to build an accommodation semi-submersible rig with options for another two units.

The rig is ordered by a subsidiary of Prosafe SE, a leading owner and operator of semi-submersible accommodation/service rigs.

It is scheduled for delivery in the second quarter of 2014. It will have a capacity to house 450 people and can operate in harsh environments in Norway.

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