SembMarine unit secures US$166m job on Teekay vessel
Project involves engineering, procurement, construction works to modify, repair FPSO vessel
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Singapore
SUBSIDIARIES of Sembcorp Marine (SembMarine) and Teekay Offshore Partners have signed a US$166 million agreement for engineering, procurement and construction works related to the modification, repair and life extension of Teekay's Petrojarl Varg floating production storage and offloading (FPSO) ship.
The deal - signed by Sembcorp Marine Rigs & Floaters and Teekay's Varg LLC - will see work on the vessel completed in July 2020, SembMarine said in a Singapore Exchange filing on Monday morning.
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