Singapore's Sembcorp Marine , the world's second largest offshore oil rig builder, said on Thursday it has bought land for a new shipyard in Brazil.
The freehold site of 825,000 square metres is near the Espirito Santo Basin, which is one of the country's recently discovered offshore giant pre-salt oil basins. Sembcorp Marine declined to reveal the cost of the land.
The freehold site of 825,000 square metres is near the Espirito Santo Basin, which is one of the country's recently discovered offshore giant pre-salt oil basins. Sembcorp Marine declined to reveal the cost of the land.