Sembcorp Marine Secures Engineering, Procurement, Construction and Installation Contract for a Gas Topsides Project from a Major Energy Company in Australia
Tuesday 19 July 2022
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 31 December 2022.