Sembcorp Marine ends October with fresh US$300m contract

The FSO contract in Indonesia lifts SMM’s YTD order win to S$3.25b.

The deal, which is Sembcorp Marine’s third major contract for October, also pulled up its current net order book of S$6.3b.

The FSO project was awarded by Mobil Cepu, a unit of Exxon Mobil, to a consortium arrangement between Sembawang Shipyard, a wholly owned unit of SMM, and PT Scorpa Pranedya, an Indonesian ship owning and ship management company.

Under the contract, SMM is responsible for the engineering, procurement, construction, commission and hook up of a VLCC-sized floating storage and offloading (FSO) vessel for the Banyu Urip project in Indonesia.

The project, which will take 27 months to complete from the awarding of the contract, is seen to be completed in January 2014.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia