Media Releases

Sembawang Shipyard, a subsidiary of Sembcorp Marine, wishes to announce that Acergy S.A. (NASDAQ-GS: ACGY; Oslo Stock Exchange: ACY) has acquired the Borealis, a strategic enabler, from Nordic Heavy Lift ASA, Norway.

Sembcorp Marine wishes to announce that its subsidiary PPL Shipyard (PPL) has signed a contract to sell a jack-up rig under construction to Vietsovpetro, the National Oil Company of Vietnam.

Sembawang Shipyard, a wholly-owned subsidiary of Sembcorp Marine, and Kakinada Seaports Limited (Kakinada Seaports), will sign an agreement to form a joint venture (JV) company, Sembmarine Kakinada Ltd (SKL), to establish and operate a marine and offshore facility catering to offshore drilling units and merchant vessels trading or operating in Indian waters.

Singapore Minister for Health Mr Khaw Boon Wan and Mr Liang Bao Hua, Jiangsu Party Secretary, were in Wuxi today to grace the Wuxi-Singapore Industrial Park’s (WSIP) 15th anniversary celebrations.

Sembcorp Industries (Sembcorp) today announced that a joint venture formed between its fully-owned subsidiary Sembcorp Utilities and the Oman Investment Corporation has executed a 15-year contract to supply power and water to the Oman Power and Water Procurement Company, which is wholly-owned by the Government of Oman.

Sembcorp Marine wishes to announce that it has awarded the turnkey construction contract for Phase I of the New Yard Development project to Zhen Hua (S) Engineering Pte Ltd for a total contract value of S$443.25 million.

Sembcorp Marine wishes to announce that its subsidiary, PPL Shipyard (PPL) has exercised its right to acquire the second unit of the jack-up drilling rig, the West Elara from Seadrill Limited (Seadrill) based on mutually beneficial revised terms as agreed by all parties in January 2009 (please refer to Company’s SGX-net announcement dated 9 January 2009).

Sembcorp Industries (Sembcorp) reported a profit after tax and minority interest (PATMI) of S$423.7 million for the first nine months of 2009 (9M2009).

Sembcorp Marine today unveils plans to develop a modern, cost-efficient and integrated New Yard Facility to position the Group for sustainable growth and expansion of its marine and offshore businesses

Sembcorp Marine achieved a record quarter with PATMI at $145 million, the highest quarterly PATMI ever attained.

Sembcorp Marine is pleased to announce that its subsidiary Jurong Shipyard has successfully delivered a second ultra-deepwater semi-submersible rig – the Ocean Valor (previously PetroRig II) - on schedule to Diamond Offshore Drilling Limited.

Sembcorp Marine is pleased to announce that its subsidiary PPL Shipyard Pte Ltd (PPL) has successfully delivered Aquamarine Driller, the 3rd ultra-premium high-specification jack-up rig ordered by Vantage Drilling Company, two months ahead of schedule with payment fully received.

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