Sembcorp Marine on Thursday said it has secured a $346 million contract to build a second semisubmersible well intervention rig for Helix Energy Solutions Group at the companies Jurong Shipyard in Singapore.

Houston-based deepwater well intervention firm, Helix Energy Solutions Group, Inc. (NYSE: HLX), has announced their plans to build the Q7000, their second newbuild semisubmersible well intervention vessel.  Considering their extremely positive second...