Asia

Sembcorp scores $417m double rig deal

 

Singapore: Sembcorp Marine’s PPL Shipyard has won a contract for the construction of two jack-up rigs from regular customer Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V.
 
The rigs, with a value of US$417 million, are scheduled for delivery at end of 2014 and first quarter 2015, and will be built based on PPL Shipyard’s proprietary Pacific Class 400 design. The deal brings the total number on order from Oro Negro to four, after it ordered two of the same rigs at $434m last December.
 
Douglas Tan, md at PPL Shipyard said “The repeat order of two additional Pacific Class 400 jack-ups signals Oro Negro’s confidence and endorsement of PPL Shipyard’s design capabilities, efficient project execution, and track record for quality and timely deliveries.” [18/03/13]
 
 
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