Seatrium wins RigCo contract worth over S$500 million to complete four offshore rigs

Bitget2026/10/25 23:30

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Seatrium to complete four offshore rigs for RigCo under a contract with an estimated value of over S$ 500 million.
RigCo, a wholly owned Keppel subsidiary, will fund construction from existing cash.
The drillship is scheduled for delivery in 2027; the harsh-environment jackup is due in 2028.
Construction plans for the two remaining semisubmersibles are being assessed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seatrium Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: RC27PUZRW5VAG2JM) on October 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Seatrium wins RigCo contract worth over S$500 million to complete four offshore rigs

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