Shipyards & Oil Services:KEP, SMM refute bribery claims; Sete Brasil BNDES loan suspended
Singapore/Malaysia Offshore & Marine News
Keppel, Sembcorp Marine deny involvement in Petrobras scandal. Keppeland Sembcorp Marine have denied allegations that they paid bribes to securecontracts in Brazil. Brazilian news magazine Veja reported that representativesof both companies paid more than US$6 million ($7.5 million) in bribes toofficials of Petrobras and its unit Sete Brasil. In a statement, Keppel hademphasized that they had conducted due diligence reviews of its Brazil agents,Eagle do Brasil and Zwi Skornicki and the agent agreements have categoricallystate that they shall not make any improper payments. (Bloomberg, Feb 09)·
Petronas' CEO to be determined within 24 hours. While it had been widelyreported recently that Petronas’ current president and CEO, Tan Sri ShamsulAzhar Abbas, will be offered only a 7-month contract extension, nothing hasbeen firmed up yet given that no statement has been made from Petronas at thetime of writing. The last day of his contract is supposed to be today. Four nameshave been speculated to be front runners the role; Datuk Wan Zulkiflee WanAriffin, Datuk Mohd Anuar Taib, Datuk Ahmad Nizam Salleh and Md ArifMahmood. (The Star, Feb 09)
COSCO Corporation (Singapore) Limited is pleased to announce thatCOSCO (Zhoushan) Shipyard Co., Ltd., a subsidiary of the Company’s51% owned subsidiary COSCO Shipyard Group Co., Ltd., has secured acontract from a European company to build a 152,000 DWT shuttle tanker.The shuttle tanker is scheduled for delivery in the 1st quarter 2017. Separately,the contract awarded to COSCO (Dalian) Shipyard Co. to build one 21,000DWT module carrier for a European company has been rendered effective. Thedelivery of the module carrier is scheduled in the 1st quarter of 2017. (CoscoCorp, Feb 06)
At least six leading international subsea contractors or consortia areunderstood to be in the frame for the subsea installation work tendered byIndia’s state-owned Oil & Natural Gas Corporation (ONGC) for the S1 andVashishta gas fields off the country’s east coast. France’s Technip, Italy’sSaipem, Oslo-listed Subsea 7 and Malaysia’s TL Offshore have shown a stronginitial interest and are likely to bid. Larsen & Toubro (L&T) is believed to haveteamed up with McDermott of the US, while Netherlands-based Allseas couldbid in a consortium with Singapore’s Emas. (Upstream, Feb 06)
Pertamina Hulu Energi West Madura Offshore has received responsesfrom at least three companies for the provision of a self-propelled, multipurposeand self-elevating liftboat including operations personnel for twoyears of work beginning in July 2015. The companies include Indonesia’sSwadaya Sarana Berlian, Singapore’s Terras Offshore (Ezion’s Subsidiary)and Dubai-headquartered Gulf Marine Services. The local content for the tenderis a minimum of 35%. (Upstream, Feb 06)