Why Sembcorp Marine is well poised for more unit deals with Helix

Could the joint design be the reason?

According to DBS, Sembcorp Marine (SMM)’s Jurong Shipyard has secured a contract to build a second Semi-submersible Well Intervention Rig at US$346m for Helix Energy Solutions, a market leader in subsea well intervention services.

This is SMM's second specialised platform with well intervention and subsea capabilities.

Here's more from DBS:

The contract price is 10% lower than the first one (US$385.5m) secured in Mar-2012, as it is a smaller unit.

While the first unit is built based on Bassoe Technology's naval architectural design, the second one will be based on a design jointly developed by SMM's R&D arm - Sembcorp Marine Technology Pte Ltd, and Helix.

With the joint design, we believe SMM is poised to secure more of such units from Helix in the future.

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