Offshore

PPL Shipyard cancels two jack-up contracts

AUGUST 31, 2017 — Singapore’s Sembcorp Marine Ltd reports that its wholly-owned subsidiary, PPL Shipyard Pte Ltd, has terminated two contracts with the subsidiaries of Perisai Petroleum Teknologi Bhd, for the construction

Baku Shipyard completes sea trials of SCV

AUGUST 28, 2017 — Azerbaijan’s Baku Shipyard reports that its first newbuild, the Subsea Construction Vessel (SCV) Khankendi, has successfully completed sea trials. Ordered in April 2014 under a US$378 million from