Maersk: Singapore’s SembMarine Wins $220 Mln Rig Contract

Sembcorp Marine said on Monday that its unit PPL Shipyard has won a contract to build a $220 million jack-up rig for the Egyptian Drilling Company.
    This is the second rig that PPL is building for the oil firm, a joint venture between the Egyptian General Petroleum Corp and Denmark’s AP Moeller Maersk, and is scheduled for delivery in mid-2010, SembMarine said in a statement.
    The first rig, under construction, is due for delivery in December 2009, it said.

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