LogIn LogOut

Singapore's Keppel Completes $3.34B Sale of Offshore Unit to Sembmarine

February 28, 2023

(Photo: Keppel Offshore & Marine)
(Photo: Keppel Offshore & Marine)

Singapore's Keppel Corp said on Tuesday that Sembcorp Marine (Sembmarine) has completed a S$4.50 billion ($3.34 billion) buyout of its offshore & marine unit after receiving the necessary shareholder approvals. 

($1 = 1.3484 Singapore dollars) 

(Reuters - Reporting by Jaskiran Singh in Bengaluru; Editing by Savio D'Souza)




Current News

Samsung Heavy Industries Taps GTT for Tank Design of New FLNG Unit

Samsung Heavy Industries Taps GTT for Tank Design of New FLNG Unit

Perdana to Supply Accommodation Work Barge to Petronas Carigali

Perdana to Supply Accommodation Work Barge to Petronas Carigali

Pertamina Confirms Deaths and Missing Crew Member in Oil Tanker Fire

Pertamina Confirms Deaths and Missing Crew Member in Oil Tanker Fire

China Plans to Use Renewable Energy to Help Boost Oil & Gas Production

China Plans to Use Renewable Energy to Help Boost Oil & Gas Production

Japan's JERA to Buy Belgium's Top Offshore Wind Firm for $1.7B

Japan's JERA to Buy Belgium's Top Offshore Wind Firm for $1.7B

Valeura Energy Completes Modification of MT Jaka Tarub Vessel for Wassana Offshore Oil Field

Valeura Energy Completes Modification of MT Jaka Tarub Vessel for Wassana Offshore Oil Field

NYK's First Domestic CTV Named "Rera As"

NYK's First Domestic CTV Named "Rera As"
photo

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com