Sembcorp Marine: Unit secured rig-building contract worth $596 million

5/27/2013

Sembcorp Marine: Unit secured rig-building contract worth $596 million

BY P R VENKAT
 
SINGAPORE -- Sembcorp Marine said its unit Jurong Shipyard has secured a rig building contract worth $596 million from Noble Corp.

The rig is due for delivery in the 1Q of 2016, the company said in a filing to Singapore Exchange.

The contract isn't expected to have a material impact on earnings per share this year, Sembcorp Marine said.

Dow Jones Newswires

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