THE former president of Sembcorp Marine's (SembMarine) wholly-owned Brazilian subsidiary Estaleiro Jurong Aracruz (EJA), Martin Cheah Kok Choon, has been charged by the Public Prosecutor's Office...

KEPPEL Corp's third quarter net profit fell 30 per cent to S$159 million from a restated S$227 million a year ago in the absence of a divestment gain and higher net interest expense that was...

OFFSHORE SETTLEMENTS

KEPPEL Corp and Sembcorp Marine (SembMarine) have reached long-awaited settlements with Sete Brasil for drillship and rig-building contracts worth more than US$10 billion that were frozen after...

NEWS ANALYSIS

SINGAPORE's giant rigbuilders Keppel Corp and Sembcorp Marine (SembMarine) are poised to put the pain arising from Brazil's corruption saga behind them after pulling off settlement deals on multi-...

SEMBCORP Marine joined Keppel Corp on Monday in announcing a long-awaited settlement with Sete Brasil for rig-building contracts worth billions of dollars that were frozen after the Brazilian...

KEPPEL Corporation's offshore and marine unit has reached a long-awaited settlement agreement with Sete Brasil, its former biggest customer now under bankruptcy protection, over six uncompleted...

SINGAPORE'S rig builder Sembcorp Marine has yet to put the fallout from Brazil's mammoth corruption scandal behind it as renewed fears over potential fines sent the stock skidding after the...