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Latest Forum Topics / Seatrium    Last:0.091 --  Post Reply
Sembmarine_Green is the new gold_a better future
Wordee
Senior
07-Jan-2022 09:28     
 
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 Alert Admin 		looming rights issue

weekaykee      ( Date: 07-Jan-2022 09:22) Posted:

Jan 2022 and still no new major contracts.

Nerve-wrecking for shareholders.

Chagataii      ( Date: 06-Jan-2022 23:41) Posted:

Can deliver the completed projects and get new ones the Most Important thing is .. Profit and Profit margins. Even get back 1 billion from I.O.U in 2-3 yrs still risk running out of cash ever so often ever for sure


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weekaykee
Master
07-Jan-2022 09:22     
 
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 Alert Admin 		Jan 2022 and still no new major contracts.

Nerve-wrecking for shareholders.

Chagataii      ( Date: 06-Jan-2022 23:41) Posted:

Can deliver the completed projects and get new ones the Most Important thing is .. Profit and Profit margins. Even get back 1 billion from I.O.U in 2-3 yrs still risk running out of cash ever so often ever for sure

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Chagataii
Veteran
06-Jan-2022 23:41     
 
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 Alert Admin 		Can deliver the completed projects and get new ones the Most Important thing is .. Profit and Profit margins. Even get back 1 billion from I.O.U in 2-3 yrs still risk running out of cash ever so often ever for sure
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better
Elite
06-Jan-2022 23:39     
 
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 Alert Admin 		Keppel OM and SCM are leaders in Jack-up rigs and Semisubmersibles. 


Large floating production units are usually built by the Korean yards. Keppel OM has much experience integrating the topsides of FPSO, but not building it from scratch.

naoshingo      ( Date: 06-Jan-2022 22:46) Posted:

I am definitely not an expert.
However, I would expect the world' s no.#2 rig builder should be able to build FPU.
Didn' t think that  Koreans have caught up and is more superior....

better      ( Date: 06-Jan-2022 22:28) Posted:

Most importantly, this project is delivered on time (after the first schedule amendment), likely because it was given top priority by SCM mgt.
 

Sembcorp Marine Delivers Vito Floater to Shell



OE Staff  January 6, 2022
Photo: SCM

Photo: SCM


Singapore' s Sembcorp Marine said Thursday it had completed the construction of the Vito floating production facility, bound for deployment in the U.S. Gulf of Mexico for Shell.

The integration of Vito&rsquo s topside structure with its hull was executed by a pair of goliath cranes with 30,000-tonne combined lifting capacity and 100-meter hook height in Tuas Boulevard Yard in Singapore. 

" The yard&rsquo s ability to perform this type of mega-block lifting enabled the Vito topsides and living quarters to be fabricated and assembled at ground level to minimize work-at-height risks, before integration with the four-column FPU hull in a single lift," Sembcorp Marine said.

The Vito FPU was delivered to Shell on December 27, 2021, and the platform departed Tuas Boulevard Yard for Singapore&rsquo s anchorage to prepare for loadout and its sailaway to the Gulf of Mexico in the United States.

Vito will be Shell&rsquo s 11th deep-water project in the area, and will be located 240 kilometers (150 miles) southeast of New Orleans, in a water depth of 1,219 meters (4,000 feet). The platform will produce 100,000 barrels of oil equivalent (boe) per day at peak production.

Photo: SCM 

Wong Weng Sun, Sembcorp Marine President & CEO, said: &ldquo The successful construction and delivery of Vito FPU is a key milestone in our newbuilding track record and a testament to Sembcorp Marine&rsquo s proven expertise and differentiated capabilities in the construction of turnkey projects for the offshore, marine and energy industries. We would like to thank Shell for their strong teamwork and steadfast support in overcoming the challenges and constraints brought on by COVID-19. We look forward to continuing this partnership with Shell for the Whale Host Facility (WHF).&rdquo

Sembcorp Marine is currently building a second FPU project for Shell, involving the fabrication and integration of the FPU topsides, living quarters, and hull,  for the Whale development located in the United States Gulf of Mexico.

The Whale floating production unit will, when it comes to the hull, be a 99% replica of the Vito project. The topside will be an 80% replication of the topsides from Vito.


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better
Elite
06-Jan-2022 23:22     
 
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 Alert Admin 		Hey Starship, it is not proven in the last 3 months.

 

Chagataii      ( Date: 06-Jan-2022 22:59) Posted:

Caution wait Low can go lower this has been proven many times
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Chagataii
Veteran
06-Jan-2022 22:59     
 
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 Alert Admin 		Caution wait Low can go lower this has been proven many times
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ahbui8
Master
06-Jan-2022 22:50     
 
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 Alert Admin 		😂 20cts, do you know how much SM worth if reach 20cts, is over 6B market cap. It' s seem totally not possible in a year or two, unless miracle happen like suddenly can win multiple billions contracts which increase the order book to at least 5B. 

better      ( Date: 06-Jan-2022 22:15) Posted:

The merger is not likely to happen until SCM is at least 20 cents...


The key point is " First Floating Production Unit Newbuild" . So far, only the 3 Korean yards (Hyundai, Samsung and Daewoo) had built new Floating Production unit from scratch.  An important barometer to be a tier one yard.  yes


Wait for Straits Times and BT to report tomo.  They have been very SCM friendly of late.  laugh
 

naoshingo      ( Date: 06-Jan-2022 21:24) Posted:

Very interesting that the Comms team still do this.
Because if the merger going to take place, I think company name change is inevitable.then I'm unsure if the whole newsletter layout has to change..as new name will have new logo and color schemw..just my speculation
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naoshingo
Elite
06-Jan-2022 22:46     
 
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 Alert Admin 		I am definitely not an expert.
However, I would expect the world' s no.#2 rig builder should be able to build FPU.
Didn' t think that  Koreans have caught up and is more superior....

better      ( Date: 06-Jan-2022 22:28) Posted:

Most importantly, this project is delivered on time (after the first schedule amendment), likely because it was given top priority by SCM mgt.
 

Sembcorp Marine Delivers Vito Floater to Shell



OE Staff  January 6, 2022
Photo: SCM

Photo: SCM


Singapore' s Sembcorp Marine said Thursday it had completed the construction of the Vito floating production facility, bound for deployment in the U.S. Gulf of Mexico for Shell.

The integration of Vito&rsquo s topside structure with its hull was executed by a pair of goliath cranes with 30,000-tonne combined lifting capacity and 100-meter hook height in Tuas Boulevard Yard in Singapore. 

" The yard&rsquo s ability to perform this type of mega-block lifting enabled the Vito topsides and living quarters to be fabricated and assembled at ground level to minimize work-at-height risks, before integration with the four-column FPU hull in a single lift," Sembcorp Marine said.

The Vito FPU was delivered to Shell on December 27, 2021, and the platform departed Tuas Boulevard Yard for Singapore&rsquo s anchorage to prepare for loadout and its sailaway to the Gulf of Mexico in the United States.

Vito will be Shell&rsquo s 11th deep-water project in the area, and will be located 240 kilometers (150 miles) southeast of New Orleans, in a water depth of 1,219 meters (4,000 feet). The platform will produce 100,000 barrels of oil equivalent (boe) per day at peak production.

Photo: SCM 

Wong Weng Sun, Sembcorp Marine President & CEO, said: &ldquo The successful construction and delivery of Vito FPU is a key milestone in our newbuilding track record and a testament to Sembcorp Marine&rsquo s proven expertise and differentiated capabilities in the construction of turnkey projects for the offshore, marine and energy industries. We would like to thank Shell for their strong teamwork and steadfast support in overcoming the challenges and constraints brought on by COVID-19. We look forward to continuing this partnership with Shell for the Whale Host Facility (WHF).&rdquo

Sembcorp Marine is currently building a second FPU project for Shell, involving the fabrication and integration of the FPU topsides, living quarters, and hull,  for the Whale development located in the United States Gulf of Mexico.

The Whale floating production unit will, when it comes to the hull, be a 99% replica of the Vito project. The topside will be an 80% replication of the topsides from Vito.

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naoshingo
Elite
06-Jan-2022 22:41     
 
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 Alert Admin 		Fingers crossed  yes

better      ( Date: 06-Jan-2022 22:15) Posted:

The merger is not likely to happen until SCM is at least 20 cents...


The key point is " First Floating Production Unit Newbuild" . So far, only the 3 Korean yards (Hyundai, Samsung and Daewoo) had built new Floating Production unit from scratch.  An important barometer to be a tier one yard.  yes


Wait for Straits Times and BT to report tomo.  They have been very SCM friendly of late.  laugh
 

naoshingo      ( Date: 06-Jan-2022 21:24) Posted:

Very interesting that the Comms team still do this.
Because if the merger going to take place, I think company name change is inevitable.then I'm unsure if the whole newsletter layout has to change..as new name will have new logo and color schemw..just my speculation
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better
Elite
06-Jan-2022 22:28     
 
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 Alert Admin 		Most importantly, this project is delivered on time (after the first schedule amendment), likely because it was given top priority by SCM mgt.
 

Sembcorp Marine Delivers Vito Floater to Shell



OE Staff  January 6, 2022
Photo: SCM

Photo: SCM


Singapore' s Sembcorp Marine said Thursday it had completed the construction of the Vito floating production facility, bound for deployment in the U.S. Gulf of Mexico for Shell.

The integration of Vito&rsquo s topside structure with its hull was executed by a pair of goliath cranes with 30,000-tonne combined lifting capacity and 100-meter hook height in Tuas Boulevard Yard in Singapore. 

" The yard&rsquo s ability to perform this type of mega-block lifting enabled the Vito topsides and living quarters to be fabricated and assembled at ground level to minimize work-at-height risks, before integration with the four-column FPU hull in a single lift," Sembcorp Marine said.

The Vito FPU was delivered to Shell on December 27, 2021, and the platform departed Tuas Boulevard Yard for Singapore&rsquo s anchorage to prepare for loadout and its sailaway to the Gulf of Mexico in the United States.

Vito will be Shell&rsquo s 11th deep-water project in the area, and will be located 240 kilometers (150 miles) southeast of New Orleans, in a water depth of 1,219 meters (4,000 feet). The platform will produce 100,000 barrels of oil equivalent (boe) per day at peak production.

Photo: SCM 

Wong Weng Sun, Sembcorp Marine President & CEO, said: &ldquo The successful construction and delivery of Vito FPU is a key milestone in our newbuilding track record and a testament to Sembcorp Marine&rsquo s proven expertise and differentiated capabilities in the construction of turnkey projects for the offshore, marine and energy industries. We would like to thank Shell for their strong teamwork and steadfast support in overcoming the challenges and constraints brought on by COVID-19. We look forward to continuing this partnership with Shell for the Whale Host Facility (WHF).&rdquo

Sembcorp Marine is currently building a second FPU project for Shell, involving the fabrication and integration of the FPU topsides, living quarters, and hull,  for the Whale development located in the United States Gulf of Mexico.

The Whale floating production unit will, when it comes to the hull, be a 99% replica of the Vito project. The topside will be an 80% replication of the topsides from Vito.
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better
Elite
06-Jan-2022 22:15     
 
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 Alert Admin 		The merger is not likely to happen until SCM is at least 20 cents...


The key point is " First Floating Production Unit Newbuild" . So far, only the 3 Korean yards (Hyundai, Samsung and Daewoo) had built new Floating Production unit from scratch.  An important barometer to be a tier one yard.  yes


Wait for Straits Times and BT to report tomo.  They have been very SCM friendly of late.  laugh
 

naoshingo      ( Date: 06-Jan-2022 21:24) Posted:

Very interesting that the Comms team still do this.
Because if the merger going to take place, I think company name change is inevitable.then I'm unsure if the whole newsletter layout has to change..as new name will have new logo and color schemw..just my speculation.

better      ( Date: 06-Jan-2022 19:32) Posted:

www.sembmarine.com/scm2016/wp-content/uploads/2021/12/Dolphin_December-2021_FA_highres_1.pdf


For those interested about the deals SCM secured in the last few months, can read their Dec publication
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naoshingo
Elite
06-Jan-2022 21:24     
 
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 Alert Admin 		Very interesting that the Comms team still do this.
Because if the merger going to take place, I think company name change is inevitable.then I'm unsure if the whole newsletter layout has to change..as new name will have new logo and color schemw..just my speculation.

better      ( Date: 06-Jan-2022 19:32) Posted:

www.sembmarine.com/scm2016/wp-content/uploads/2021/12/Dolphin_December-2021_FA_highres_1.pdf


For those interested about the deals SCM secured in the last few months, can read their Dec publication.

naoshingo      ( Date: 06-Jan-2022 18:55) Posted:

I think the sub-headline could be from the new ID, Patrick Daniel  devil

Vito Regional Production Facility (Vito RPF) &ndash the first Floating Production Unit (&ldquo FPU&rdquo ) newbuild delivery by Sembcorp Marine &ndash is a further testament to the Group&rsquo s proven capabilities in the turnkey construction of offshore projects The integration of Vito&rsquo s RPF topside structure with its hull was performed safely and efficiently in a single lift &ndash enabled by Tuas Boulevard Yard&rsquo s gamechanging 30,000-tonne lifting capacity goliath cranes 
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Stocky901
Supreme
06-Jan-2022 20:52     
 
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 Alert Admin 		They have to settle first a new legal action with $76m lawsuit.. careful ah 🤐 🤐

Chagataii      ( Date: 06-Jan-2022 20:28) Posted:

I still maintain Wait and Caution too many challenges ahead
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Chagataii
Veteran
06-Jan-2022 20:28     
 
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 Alert Admin 		I still maintain Wait and Caution too many challenges ahead
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MANFREDTMK
Master
06-Jan-2022 20:12     
 
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 Alert Admin 		Thank you, bro. You light up my life🙏 🙏 🙏

better      ( Date: 06-Jan-2022 19:32) Posted:

www.sembmarine.com/scm2016/wp-content/uploads/2021/12/Dolphin_December-2021_FA_highres_1.pdf


For those interested about the deals SCM secured in the last few months, can read their Dec publication.

naoshingo      ( Date: 06-Jan-2022 18:55) Posted:

I think the sub-headline could be from the new ID, Patrick Daniel  devil

Vito Regional Production Facility (Vito RPF) &ndash the first Floating Production Unit (&ldquo FPU&rdquo ) newbuild delivery by Sembcorp Marine &ndash is a further testament to the Group&rsquo s proven capabilities in the turnkey construction of offshore projects The integration of Vito&rsquo s RPF topside structure with its hull was performed safely and efficiently in a single lift &ndash enabled by Tuas Boulevard Yard&rsquo s gamechanging 30,000-tonne lifting capacity goliath cranes 
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better
Elite
06-Jan-2022 19:32     
 
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 Alert Admin 		www.sembmarine.com/scm2016/wp-content/uploads/2021/12/Dolphin_December-2021_FA_highres_1.pdf


For those interested about the deals SCM secured in the last few months, can read their Dec publication.

naoshingo      ( Date: 06-Jan-2022 18:55) Posted:

I think the sub-headline could be from the new ID, Patrick Daniel  devil

Vito Regional Production Facility (Vito RPF) &ndash the first Floating Production Unit (&ldquo FPU&rdquo ) newbuild delivery by Sembcorp Marine &ndash is a further testament to the Group&rsquo s proven capabilities in the turnkey construction of offshore projects The integration of Vito&rsquo s RPF topside structure with its hull was performed safely and efficiently in a single lift &ndash enabled by Tuas Boulevard Yard&rsquo s gamechanging 30,000-tonne lifting capacity goliath cranes 

bystander1965      ( Date: 06-Jan-2022 17:25) Posted:



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naoshingo
Elite
06-Jan-2022 18:55     
 
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 Alert Admin 		I think the sub-headline could be from the new ID, Patrick Daniel  devil

Vito Regional Production Facility (Vito RPF) &ndash the first Floating Production Unit (&ldquo FPU&rdquo ) newbuild delivery by Sembcorp Marine &ndash is a further testament to the Group&rsquo s proven capabilities in the turnkey construction of offshore projects The integration of Vito&rsquo s RPF topside structure with its hull was performed safely and efficiently in a single lift &ndash enabled by Tuas Boulevard Yard&rsquo s gamechanging 30,000-tonne lifting capacity goliath cranes 

bystander1965      ( Date: 06-Jan-2022 17:25) Posted:


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ahbui8
Master
06-Jan-2022 17:46     
 
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 Alert Admin 		ultimately still need actual contract win which still no sight yet. Imagine when full year result report, order book with less than 1billion 🤦 🏻 &zwj ♂ ️
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better
Elite
06-Jan-2022 17:38     
 
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 Alert Admin 		Ka-Ching!  Can hear the sound of the money collected for this mega delivery.


Johan Castberg and Formosa 2 coming right up.

bystander1965      ( Date: 06-Jan-2022 17:25) Posted:


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bystander1965
Supreme
06-Jan-2022 17:25     
 
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Yells: "What I say is just my assessment. DYODD"
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 Alert Admin 		Sembcorp Marine Completes First Floating Production Unit
Newbuild - the Vito Regional Production Facility
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