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Monday, September 8, 2008

Sembcorp Marine wins US$425m rig order

September 8, 2008, 5.30 pm (Singapore time)

SINGAPORE - Singapore rig-maker Sembcorp Marine said on Monday that its unit PPL Shipyard has won a US$425 million contract to build two jackup rigs for Egyptian Offshore Drilling Company.

The first unit will be delivered by the end of 2010 and the second by early 2011, the company said in a statement. -- REUTERS
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