Media Releases

PT SMOE Indonesia, a subsidiary of SembCorp Marine has been awarded its first turnkey contract by TOTAL E&P Indonesie for the construction of two offshore platforms worth a total of US$ 80 million. PT SMOE Indonesia is a subsidiary of SMOE Pte Ltd, a fully-owned subsidiary of SembCorp Marine Ltd.

SMOE, a fully owned subsidiary of SembCorp Marine has secured a contract worth about US$300 million from Carigali-PTTEPI Operating Company Sdn Bhd (CPOC), Malaysia for the construction of an offshore platform integrated deck.

SembCorp Industries is pleased to announce that the full year 2006 financial results will be released on Friday, 16 February 2007 after trading hours.

SembCorp Utilities’ (SembUtilities) standing as a utilities supplier of choice on Jurong Island has been given a resounding vote of confidence with the award of a prestigious new long-term contract by Lucite International.

Jurong Shipyard, a wholly-owned subsidiary of SembCorp Marine, has secured a repeat order to build a deepwater semi-submersible drilling rig at US$524 (S$802) million for PetroRig III Pte Ltd, a subsidiary of PetroMena AS of Norway. This is the third newbuild deepwater semi-submersible drilling rig that the owner has placed with Jurong Shipyard.

SembCorp Industries wishes to announce that its dormant wholly-owned subsidiary, Sembawang Leisure Private Limited (“SLPL”) and its inactive wholly-owned subsidiary, Sembawang Engineering Investments Pte Ltd (“SEI”) have been placed under Members’ Voluntary Liquidation. Mr Teo Ban Seng has been appointed as the liquidator for SLPL and Mr Robert Yam Mow Lam has been appointed as the liquidator for SEI.

PPL Shipyard, a subsidiary of SembCorp Marine, has secured a repeat rig building contract from Offshore Group Corp. worth US$190 million for the construction of a Baker Marine Pacific Class 375 Deep Drilling Offshore Jack-up Rig. This is the second rig that the owner, Offshore Group Corp. has placed with PPL Shipyard.

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