Jurong Shipyard has won a contract to build a ultra-deepwater semi-submersible rig for the international offshore drilling contractor, SeaDrill.
The deal is worth US$535.5 million, or some S$817 million.
The semi-submersible rig is scheduled for delivery by April 2010 and is the third semi-submersible rig to be built by Jurong Shipyard for SeaDrill.
With the latest deal, Jurong Shipyard, a unit of SembCorp Marine, has secured S$2.9 billion worth of contracts since the start of the year.
Barring unforeseen circumstances, SembCorp Marine says it expects a positive contribution to its earnings from the contract.
But contract is not expected to have any material impact on the net tangible assets and earnings per share of SembCorp Marine for the year ending December 31, 2007.
The deal is worth US$535.5 million, or some S$817 million.
The semi-submersible rig is scheduled for delivery by April 2010 and is the third semi-submersible rig to be built by Jurong Shipyard for SeaDrill.
With the latest deal, Jurong Shipyard, a unit of SembCorp Marine, has secured S$2.9 billion worth of contracts since the start of the year.
Barring unforeseen circumstances, SembCorp Marine says it expects a positive contribution to its earnings from the contract.
But contract is not expected to have any material impact on the net tangible assets and earnings per share of SembCorp Marine for the year ending December 31, 2007.
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