The Business Times
business-time-50

Corporate digest

google-preferred-sourceAdd BT as a preferred source
Published Tue, Dec 31, 2019 · 09:50 PM

Mermaid Maritime

AN ASSOCIATE of Mermaid Maritime, Asia Offshore Drilling (AOD), has secured contract extensions for two of its jack-up drilling rigs to serve a client in the Middle East, the oil and gas play announced on Tuesday.

The three-year extensions will continue directly from the current contracts scheduled to expire on April 14, 2020 for its AOD II rig, and Dec 31, 2019 for its AOD III rig. The total contract values are expected to be about US$98 million for AOD II, and US$101 million for AOD III.

mermaid maritimelibra group

TRENDING NOW

Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

The suspension at Manulife comes amid a broader, coordinated crackdown on cross-border wealth channels.

Manulife pulls loan product for rich Hong Kong clients after scrutiny

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More