Marco Polo Marine Expands into Offshore Drilling With Latest Order

Singapore-based marine logistics group, Marco Polo Marine is expanding their business into the offshore drilling sector with their latest order today with PPL Shipyard for a Pacific Class 400 jack-up rig. The company's current involvement in the offshore sector is limited to the chartering of their fleet of anchor handling tugs and one crewboat in the SE Asia … [Read more...]

Perisai Petroleum Orders Third Jack-Up from PPL Shipyard

Sembcorp Marine’s subsidiary PPL Shipyard announced today the signing of a repeat order to build a third Pacific Class 400 jack-up rig for Perisai (L) Inc, a wholly-owned subsidiary of Perisai Petroleum Teknologi Bhd. This latest order, worth USD $211.5 million, follows a similar order placed by Perisai in February, although at a slightly higher rate. Scheduled for … [Read more...]

Oro Negro Makes it Six with Latest Jack-Up Order from PPL Shipyard

Singapore-based rig-builder Sembcorp Marine announced today that they have signed newbuild orders for two jack-up rigs from Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V. (Oro Negro).  According to an emailed statement, the newbuild contracts are worth a combined value of US$417 million and the rigs are scheduled for delivery at the end of July 2015 and end of … [Read more...]

PPL Shipyard Wins Jack-Up Rig Order from Japanese Consortium

Sembcorp Marine’s subsidiary PPL Shipyard secured a USD $220.5 million contract to build a Pacific Class 400 jack-up rig from a BOT Lease Co., Ltd (BOTL), a subsidiary of Mitsubishi UFJ Financial Group, in collaboration with Japan Drilling Co. Ltd. Japan Drilling will be the co-ordinator in the project and will provide the project management team during the rig … [Read more...]

Oro Negro Orders Two More Pacific Class 400 Jack-Ups from PPL Shipyard

Sembcorp Marine’s subsidiary PPL Shipyard announced today they have secured orders from repeat customer Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V (Oro Negro) for two additional Pacific Class 400 Jack-up rigs.  These turnkey contracts have a combined value of US$417 million and brings the total number of jack-ups ordered by Oro Negro to four … [Read more...]