SembMarine’s yard cans rig construction contracts with Perisai

PPL Shipyard, a subsidiary of the Singapore-based rig builder Sembcorp Marine, has terminated two contracts with the subsidiaries of the Malaysian oil and gas services provider Perisai Petroleum Teknologi for the construction of two jack-up rigs. The contracts for the construction of the two rigs were terminated following the expiry of the existing deferment agreements, Sembcorp Marine […]

Read full original article »