SembMarine signs LoI to construct & integrate Shell Offshore’s Vito FPU

SINGAPORE (Dec 5): Sembcorp Marine’s wholly-owned subsidiary, Sembcorp Marine Rigs & Floaters, has signed a letter of intent (LoI) with Shell Offshore for the construction of the hull and topside of, as well as the integration of, a single topside module known as the Vito floating production unit (FPU).

See: Positive news for SembMarine if $1.7 bil Shell Vito project win is true

The final contract award will depend on the project being sanctioned by Shell and its partners.

---

Related Stories

• Trump scores easy win in Iowa with DeSantis a distant second
• Citi to cut 20,000 roles in Fraser’s bid to boost returns
• US and allies launch airstrikes on Houthi targets across Yemen

---