Tuesday, March 19, 2013

Singapore's Sembcorp Marine gets $417 mln order for 2 rigs

SINGAPORE, March 18 (Reuters) - Singapore's Sembcorp Marine

, the world's second largest builder of offshore oil

rigs, said on Monday its subsidiary PPL Shipyard has secured

orders for two jack-up rigs worth $417 million.

The orders are from Mexico's Integradora de Servicios

Petroleros Oro Negro, S.A.P.I. de C.V (Oro Negro), which has

ordered two similar rigs previously.

The new rigs are scheduled for delivery at the end of the

fourth quarter of 2014 and end of the first quarter 2015,

Sembcorp Marine said in a stock market filing.

(Reporting by Kevin Lim; Editing by Himani Sarkar)

Source: http://news.yahoo.com/singapores-sembcorp-marine-gets-417-mln-order-2-234024693--sector.html

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