Sembcorp Marine expects big loss as supply chain squeezed, costs overrun
Singapore yard Sembcorp Marine expects to make “significant losses” in the second-half 2021 as a supply chain crunch and project delays bite.
Sembcorp Marine
Tyra topsides complete 10,000-mile journey from Singapore
The first set of new topsides for the TotalEnergies Tyra redevelopment in Denmark have completed their 10,000-mile voyage from Singapore.
Struggling Sembcorp Marine to raise $1.1 billion
Singapore offshore and marine giant Sembcorp Marine will raise S$1.5 billion (US$1.1 billion) in funds from a rights issue to support the company’s operations. The rig builder has been struggling with rising costs and delays to projects being built at its yards.
Substations for Orsted’s Hornsea Two offshore wind farm set sail from Singapore
Sembcorp Marine has completed the fabrication of two topsides for Orsted’s Hornsea Two offshore wind farm.
Sailaway: Tyra topsides leave Singapore for TotalEnergies North Sea project
The platform topsides for the TotalEnergies-operated Tyra redevelopment have left Singapore for the North Sea.
Rig builders Keppel and Sembcorp confirm merger talks
Singaporean rig builders Keppel Corporation and Sembcorp Marine have confirmed they are in talks over a merger of their offshore and marine (O&M) businesses.
Singapore yards in trading halt, possibly merging offshore marine businesses
Singaporean rig builders Keppel Corporation and Sembcorp Marine this morning requested a halt in the trading of their shares pending announcements.
Sembcorp ‘back on track’ on Cambo FPSO for Siccar Point
Sembcorp Marine has said it is “back on track” with work on the Cambo FPSO for Siccar Point Energy.
Shell to trial first hydrogen fuel cells for ships in Singapore
Shell is carrying out a feasibility study with partners to trial the use of hydrogen fuel cells for ships in Singapore, the first such move for the supermajor and the Southeast Asian city state.
Heerema seals North Sea offshore wind contract
Heerema Marine Contractors has signed a contract with Singapore's Sembcorp Marine to carry out work at a North Sea wind farm.
Shell picks Sembcorp for Whale platform job
Sembcorp Marine has been picked by Shell to build the floating production unit (FPU) for the Whale field in the US Gulf of Mexico.
Energean FPSO undocks in China
The Energean Power hull has undocked from the COSCO shipyard, in Zhoushan, China, and floated out.
Sembcorp picked for £125m revamp of FPSO for Cheviot field
Engineering and construction firm Sembcorp Marine has inked a £125 million deal to refurbish an installation which will serve in the UK North Sea.
Sembcorp wraps up £30m Sevan Marine IP deal
Sembcorp Marine has completed the £30m acquisition of the intellectual property rights of Sevan Marine.
Culzean on track for first oil in 2019, contracts still up for grabs
Maersk Oil’s landmark North Sea project is “bang on schedule” with contracts for hook-up and commissioning expected to be awarded “in the next couple of months”.
Sembcorp Marine delivers newbuild Maersk Highlander for North Sea’s Culzean field
Sembcorp Marine has successfully delivered the Maersk Highlander to Maersk Drilling.
Sembcorp Marine surges on talk of potential privatization
Sembcorp Marine Ltd., which posted its first loss in more than a decade in the fourth quarter, saw its shares jump by the most in nearly a month amid talk that the company could be taken private.
Sembcorp Marine posts fourth quarter loss
Sembcorp Marine has posted a loss of $536.9million for the fourth quarter of last year amid the decline in oil price.