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The Malaysian Insider

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Sembcorp Marine wins US$792.5m Brazilian drillship contract

February 06, 2012

SINGAPORE, Feb 6 — Sembcorp Marine , the world's second largest rig-builder, said today it has secured a US$792.5 million (RM2.38 billion) contract to build a drillship for Sete Brasil, a unit of state-oil firm Petrobras SA .

The contract came after Sembcorp's rival, Keppel Corp, secured a contract from Sete Brasil worth around US$809 million to build a semi-submersible rig. — Reuters