Green Hydrogen Hype Fades as High Costs Force Projects to Retreat
(Bloomberg) — Climate-friendly hydrogen was one of the most-hyped sectors in green energy. Now the reality of its high cost is taking its toll. In recent months, some of the...
SINGAPORE–Keppel Corp. Ltd. (BN4.SG) Tuesday said it has firmed up contracts to build five additional semisubmersible drilling rigs for Sete Brasil Participacoes SA for US$4.1 billion.
The five rigs will be based on Keppel’s DSS 38E design and are scheduled for delivery in the fourth quarter of 2016, third quarter of 2017, second quarter of 2018, fourth quarter of 2018 and third quarter of 2019, respectively.
The contracts follow a deal signed by Keppel Corp. to build one such rig for Sete Brasil in December.
– Sam Holmes, Dow Jones & Company
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 110,933 members that receive our newsletter.
Have a news tip? Let us know.
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign UpMaritime and offshore news trusted by our 110,933 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up