PROCUREMENT NEWS

BRAZIL : Sembcorp Marine wins US$792.5m Brazilian drillship contract

Published 07 Feb 2012

Sembcorp Marine, the world\'s second largest rig-builder, said on Monday it has secured a US$792.5 million 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.

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