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.

Probe on Sembmarine subsidiary linked to Brazil’s Operation Car Wash

The company also clarified that there are no administrative charges filed against them.

1 day ago

Probe on Sembmarine subsidiary linked to Brazil’s Operation Car Wash

The company also clarified that there are no administrative charges filed against them.

1 day ago

Daily Markets Briefing: STI up 0.29%, DBS takes the lead

The top stocks are DBS, Sembcorp Marine, and UOB.

Sembmarine taps Keppel O&M exec as COO

The COO has oversight over the execution of Sembmarine’s projects.

Chris Ong Leng Yeow appointed as CEO of Keppel O&M-Sembcorp Marine entity

He will also serve as a member of the transformation committee.

Sembmarine declares request for trading halt

It called for a trading halt past 8 a.m.

Sembmarine cuts net loss by 77% in H2 22

Its EBITDA improved to $12m in the second half of 2022.

Amidst merger, Sembmarine says net debt to equity ratio improved

Its net debt to equity ratio enhanced to 0.26 times from 0.53 times.

EGM on KOM merger to be held on 16 February

Shareholders’ approval on the merger will be sought in the meeting.

SGX grants approval in-principle on proposed combination on Keppel, Sembcorp Marine

Sembcorp Marine said they received the approval in-principle from the bourse.

Almost 100% votes cast for Keppel, Sembmarine proposed merger

The voting was conducted on 8 December 2022 during the meeting.

More large rig orders for SG shipyards expected next year

It will also be supported by oil prices.

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

They will pass several resolutions proposed as ordinary resolutions.

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.