Sete Brasil

Broker's Calls

Sembcorp Marine faces murky outlook, but not without reprieve

SINGAPORE (Aug 1): Brokerage houses DBS Vickers Securities, KGI Fraser and OCBC Investment Research are lowering their expectations of Sembcorp Marine’s (SMM) earnings in the next couple of financial years to come, after the Singapore-based drilling rig

Results

SembMarine declares dividend despite 70% drop in 1H earnings

SINGAPORE (July 28): Rigbuilder Sembcorp Marine announced revenues amounting to $1.83 billion for the first six months of the year, a 27% year-on-year drop as customers deferred taking delivery of their orders and new contracts dwindled on the back of low
Sembcorp Marine

Sembcorp and SembMarine face lawsuit linked to Sete Brasil

SINGAPORE (May 25): Sembcorp Industries (SCI) and Sembcorp Marine (SembMarine) have been named as defendants in a lawsuit filed by EIG Management Company, a fund management company based in Washington, US.
Sembcorp Marine

Sembcorp and SembMarine face lawsuit linked to Sete Brasil

SINGAPORE (May 25): Sembcorp Industries (SCI) and Sembcorp Marine (SembMarine) have been named as defendants in a lawsuit filed by EIG Management Company, a fund management company based in Washington, US.

Investing strategies

Oil & Gas sector kept at 'market weight' by UOB as Sete Brasil’s financial lifeline comes together

SINGAPORE (June 19): Both Keppel Corp and SembMarine (SMM) are reportedly joining a queue to pony up some $300 to $350 million in working capital, to help finance the capital expenditure of their Brazilian customer Sete Brasil.
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