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Seatrium Limited (SGX: S51) is a Singaporean state-owned company. Formed in 2023, from the merger of Sembcorp Marine and Keppel Offshore & Marine, the company is listed on the Singapore Exchange (SGX). Sembcorp Marine was a subsidiary of Sembcorp until 2020, when the companies demerged following Sembcorp Marine's poor financial performance.
Sembcorp Industries is a Singaporean state-owned energy and urban development company. [1] Sembcorp's marine division provided a variety of services, including the engineering and construction of offshore platforms for oil extraction , until it was demerged from Sembcorp in 2020 following poor financial performance. [2]
The company was founded in 1968 as Keppel Shipyard at the Keppel Harbour situated in Tanjong Pagar before moving its operations to Jurong, where the company focused on offshore and marine activities. Keppel Offshore & Marine was the world's largest oil rig builder before its sale to Sembcorp Marine on 28 February 2023. Keppel Land is the world ...
Sembcorp Marine and Keppel Offshore and Marine merged in 2023 to form Seatrium, which is in talks to pay $110 million in a deferred prosecution agreement regarding the bribery case in Brazil, they ...
When Sembcorp Marine Ltd (SGX:S51) announced its most recent earnings (31 December 2017), I compared it against two factor: its historical earnings track record, and the performance of its ...
Helix Signs Agreement with Sembcorp Marine's Jurong Shipyard to Build Q7000 Semisubmersible Well Intervention Vessel HOUSTON--(BUSINESS WIRE)-- Helix Energy Solutions Group, Inc. (NYS: HLX ...
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Floating sheerleg. A floating sheerleg (also: shearleg) is a floating water vessel with a crane built on shear legs. Unlike other types of crane vessel, it is not capable of rotating its crane independently of its hull. There is a huge variety in sheerleg capacity. The smaller cranes start at around 50 tons [which?] in lifting capacity, with ...