Sembcorp Marine secures contract for Australian gas topsides project from a major energy company
Sembcorp Marine Ltd, through its wholly owned subsidiary, Sembcorp Marine Offshore Platforms Pte. Ltd. (SMOP), has entered into an Engineering, Procurement, Construction and Installation (EPCI) contract with a major energy company for a gas topsides project in Australia.
Work on the Topsides will be for four years. The contract is not expected to have any material impact on the net tangible assets and earnings per share of the Group for the year ending Dec. 31.