|Bid||0.1420 x 0|
|Ask||0.1430 x 0|
|Day's range||0.1410 - 0.1440|
|52-week range||0.0820 - 0.1510|
|Beta (5Y monthly)||1.18|
|PE ratio (TTM)||N/A|
|Earnings date||12 Aug 2022|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||25 Apr 2018|
|1y target est||0.13|
Singapore's Sembcorp Marine (Sembmarine) scrapped a deal to merge with Keppel Corp's offshore and marine unit and form new company, in favour of directly buying the unit for S$4.50 billion ($3.19 billion), the Temasek-backed oil rig builder said on Thursday. The new structure also lowers the value of Keppel's unit by S$378 million from the S$4.87 billion valuation it got according to the terms of the previous S$8.7 billion merger agreement struck in April, Sembmarine said. This deal gives Sembmarine's shareholders a bigger stake –– of 46% stake, compared with 44% in the previous deal –– in the combined firm and shortens the time required to complete the deal by up to two months, Sembmarine said.
Singapore's Sembcorp Marine said on Wednesday its unit secured a $3.1 billion contract to build a vessel from Brazilian oil and gas producer Petroleo Brasileiro SA Petrobras. The P-82 Floating, Production, Storage and Offloading (FPSO) vessel will be delivered to the state-owned company in the first half of 2026, the specialised shipbuilding firm said, with a production capacity of 225,000 barrels of oil per day and 12 million cubic meters of gas processing per day. The unit, which will be deployed off the coast of Rio de Janeiro, will also be equipped with water injection capacity of 250,000 barrels per day and a storage capacity of two million barrels of oil, Sembcorp Marine said.
Brazilian state-run oil firm Petrobras said on Tuesday it has signed a contract with Singapore's Sembcorp Marine for the assembly of a platform to be located in the Buzios oilfield in the pre-salt of the Santos Basin. Petroleo Brasileiro SA, as the company is formally known, said the floating production storage and offloading (FPSO) P-82 platform will be able to produce up to 225,000 barrels of oil and process up to 12 million cubic meters of gas per day. Petrobras did not provide financial details of the deal, which comes a few days after the oil giant had announced an agreement with Keppel Shipyard for it to assemble its P-83 platform.