Sembcorp Marine

Sembcorp Marine provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the group has close to 60 years of track record in the design and construction of rigs, floaters, 
offshore platforms and specialised vessels, as well as in the repair, upgrading and conversion of different ship types. 
See below for the Latest Sembcorp Marine News, Analysis, Profit Results, Share Price Information, and Commentary. 

More large rig orders for SG shipyards expected next year

It will also be supported by oil prices.
in 7 hours

More large rig orders for SG shipyards expected next year

It will also be supported by oil prices.
in 7 hours

Meeting on Keppel, Sembmarine merger resolutions to be held on 8 December

They will pass several resolutions proposed as ordinary resolutions.
3 days ago

Sembcorp Marine's net order book hits $7.11b

This consists of $6.80b of projects under execution.

Sembmarine unit bags maintenance contract for Hornsea 2 Offshore Wind Farm

The unit will undertake the servicing the wind farm’s low voltage and ancillary systems.

Keppel inks revised deal on merger of its O&M division with Sembcorp Marine

The revised deal will accelerate the completion of the merger.

Sembcorp Marine bags $4.25b FPSO contract from Petrobras

The company won the tender for the Buzios field.

Borr Drilling repayment to Sembcorp Marine might raise share price

It will repay partially $1.1b (US$0.8b) from 2023 to 2025.

Sembcorp Marine narrows net loss to $143m in H122

In H121, the company recorded a net loss of $647m.

Public opinion sought on Sembcorp Marine and Keppel O&M merger

The competition authority is assessing whether the merger infringes the Competition Act 2004.

Sembcorp Marine secures contract for Australian energy company

The contract is to build and install a gas topside.

Sembcorp Marine's Ropax ferry 'Dragsvik' sets sail to Norled

The battery-powered vessel can operate at a speed of 10 knots.

Sembcorp Marine granted $200m contract to build vessel for Brazilian Navy

The vessel will be built for scientific research deployment in the Antarctic.

Sembcorp Marine's net order book hits $1.75b in Q122

Of the total net orders, $1.51b were projects under execution.

After merger, Keppel, Sembcorp Marine to see long-term, short-term benefits

Keppel will focus on asset-light businesses whilst Sembcorp will be more competitive.