SembMarine secures two Mexican jack-up contracts worth $417 million

3/17/2013

SembMarine secures two Mexican jack-up contracts worth $417 million

BY P R VENKAT

SINGAPORE -- Sembcorp Marine said its unit PPL Shipyard has secured two jack-up rig building contracts worth $417 million from Petroleros Oro Negro, an oilfield services contractor in Mexico. In a filing to the Singapore Exchange, SembMarine said that the rigs are due for delivery at the end of the Q4 next year and Q1 of 2015.

Dow Jones Newswires

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