Sembcorp Marine's subsidiary Jurong Shipyard penned a letter of intent with Prosafe to construct a semi-submersible accommodation rig, Seatrade Asia online reports.
Financial terms of the contract were not disclosed.
The rig, presently under construction in Jurong Shipyard, will be built to comply with Norwegian regulations.
In addition, Jurong Shipyard has granted two options for further new builds, giving Prosafe options for three more new builds.
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