Home
Login Register
Seatrium    Last:0.091   -

SembCorp Marine- The new Frontier.

 Post Reply 17041-17060 of 17131
 
better
    20-Dec-2020 14:55  
Contact    Quote!
3 key synergy between Sembmarine and Keppel O and M if combined:

1) Sembmarine has stronger presence in Europe (UK and Norway) while Keppel OM has stronger presence in US and gulf of Mexico. (through their subsidiaries)
2) Sembmarine is stronger in offshore wind substation while Keppel OM is more effective in high spec rigs.
3) Sembmarine is stronger in LNG bunkering solution while Keppel is more effective in high spec vessels.

Both are equally matched in other offshore engineering solutions like FPSO, FSU etc and have strong presences in South America through their brazillian subsidiaries. 

Their combined reputation will be unmatched. The Chinese can catch up if given the opportunity. However, the Americans and Europeans are not likely to give the Chinese the opportunity for political reasons.

Finally, Sembmarine has close to S$2billion of cold hard cash, equivalent to 16 cents per share of cash.

18 days more to D day. Time running out, for the man behind the curtain  a.k.a the PLAYER, to hold SMM' s share price down.


 
 
 
alleyboy
    20-Dec-2020 14:06  
Contact    Quote!
It will surge to 17 again

DummyA      ( Date: 20-Dec-2020 13:33) Posted:

last chance to load below $0.150
even my remisiters are also buying

 
 
ADS2200
    20-Dec-2020 13:56  
Contact    Quote!
The Gallaf Project is a multi-phase development for maintaining Al Shaheen&rsquo s production capacity at a plateau of 300,000 barrels of oil per day (bopd).
oil is surging @ $52 a barrel 300,000 barrels of oiul per day which is $5.7b

 

Abe8888      ( Date: 20-Dec-2020 13:18) Posted:

Thanks for all the reassuring info!
Hope to have turkey for Christmas... but kampong chicken is also good! :)))

better      ( Date: 20-Dec-2020 12:43) Posted:

Competition heating up in Qatar' s Gallaf bid race for third phase. 

Sembmarine is likely one of the leading contenders as they had won the second phase. (See below)
 

26 Dec 2019
  Print

Sembcorp Marine bags two offshore platform projects valued over S$550 million

  • The Group will take on fabrication and offshore brownfield integration works for two well-head platforms, under North Oil Company&rsquo s Gallaf Batch 2 Project to maintain production capacity at Al Shaheen oil field in Qatar
  • Separately, Sembcorp Marine will also fabricate certain platforms and related bridges for the Tyra field redevelopment project in Danish North Sea


 

Singapore, Dec 26, 2019: Sembcorp Marine Offshore Platforms Pte. Ltd. has clinched two offshore platform contracts worth over S$550 million that support redevelopment efforts at the Al Shaheen and Tyra fields, located respectively in Qatari waters and the Danish North Sea.

Sembcorp Marine will team up with customer North Oil Company (NOC) to fabricate two well-head platforms for the NOC-operated Al Shaheen oil field, which will be bridge-linked to the field&rsquo s existing facilities.


 


 

 
DummyA
    20-Dec-2020 13:33  
Contact    Quote!
last chance to load below $0.150
even my remisiters are also buying
 
 
Abe8888
    20-Dec-2020 13:18  
Contact    Quote!
Thanks for all the reassuring info!
Hope to have turkey for Christmas... but kampong chicken is also good! :)))

better      ( Date: 20-Dec-2020 12:43) Posted:

Competition heating up in Qatar' s Gallaf bid race for third phase. 

Sembmarine is likely one of the leading contenders as they had won the second phase. (See below)
 

26 Dec 2019
  Print

Sembcorp Marine bags two offshore platform projects valued over S$550 million

  • The Group will take on fabrication and offshore brownfield integration works for two well-head platforms, under North Oil Company&rsquo s Gallaf Batch 2 Project to maintain production capacity at Al Shaheen oil field in Qatar
  • Separately, Sembcorp Marine will also fabricate certain platforms and related bridges for the Tyra field redevelopment project in Danish North Sea


 

Singapore, Dec 26, 2019: Sembcorp Marine Offshore Platforms Pte. Ltd. has clinched two offshore platform contracts worth over S$550 million that support redevelopment efforts at the Al Shaheen and Tyra fields, located respectively in Qatari waters and the Danish North Sea.

Sembcorp Marine will team up with customer North Oil Company (NOC) to fabricate two well-head platforms for the NOC-operated Al Shaheen oil field, which will be bridge-linked to the field&rsquo s existing facilities.


 

 
 
better
    20-Dec-2020 12:43  
Contact    Quote!

Competition heating up in Qatar' s Gallaf bid race for third phase. 

Sembmarine is likely one of the leading contenders as they had won the second phase. (See below)
 

26 Dec 2019
  Print

Sembcorp Marine bags two offshore platform projects valued over S$550 million

  • The Group will take on fabrication and offshore brownfield integration works for two well-head platforms, under North Oil Company&rsquo s Gallaf Batch 2 Project to maintain production capacity at Al Shaheen oil field in Qatar
  • Separately, Sembcorp Marine will also fabricate certain platforms and related bridges for the Tyra field redevelopment project in Danish North Sea


 

Singapore, Dec 26, 2019: Sembcorp Marine Offshore Platforms Pte. Ltd. has clinched two offshore platform contracts worth over S$550 million that support redevelopment efforts at the Al Shaheen and Tyra fields, located respectively in Qatari waters and the Danish North Sea.

Sembcorp Marine will team up with customer North Oil Company (NOC) to fabricate two well-head platforms for the NOC-operated Al Shaheen oil field, which will be bridge-linked to the field&rsquo s existing facilities.


 
 

 
better
    20-Dec-2020 12:35  
Contact    Quote!
Guess who built the first FPSO for Equinor at the Barents Sea based on its proprietary circular hull design??

 
 
better
    20-Dec-2020 12:32  
Contact    Quote!
Yes, indeed. More business in the LNG bunkering arena, the next big thing as more ships get powered by LNG.

In the meantime, Sembmarine is bidding for the $1.2 billion Wisting contracts from Equinor in Norway. Very prestigious contracts to build topsides and hull for Equinor' s challenging project in Norway' s Barents Sea.
 
Equinor is planning for a similar unit (as below) to Vaar Energi' s Goliat FPSO for its Wisting oil field. 

 

ADS2200      ( Date: 19-Dec-2020 10:17) Posted:

better, this is indeed a significant achievement and breakthrough for scm - abe8888 titled " new frontier" is so apt.
guys have a good weekend 🙏 🤗

 
 
SureStrike
    19-Dec-2020 11:32  
Contact    Quote!
Wow! Good news! SCM Is set, ready & goooo from Monday. Good luck to all who long. 👊 😃
 
 
ADS2200
    19-Dec-2020 10:17  
Contact    Quote!
better, this is indeed a significant achievement and breakthrough for scm - abe8888 titled " new frontier" is so apt.
guys have a good weekend 🙏 🤗
 

 
ADS2200
    19-Dec-2020 10:13  
Contact    Quote!

Leading Safety and Risk Management Advisor 



Safety,  risk  and integrity management are  at the core of what  we do. ABS  Group  began providing non-classification marine technical services in 1971. Over the decades, our range of services expanded to support the diverse industrial and government clients that power, fuel and regulate our world.

Today, ABS Group provides data-driven risk and reliability solutions and technical services that help our clients confirm the safety, integrity, quality and environmental efficiency of their critical assets and operations.

Discover the breadth and depth of our  technical advisory and certification services  for high-performance assets and operations in the  Marine and OffshoreOil, Gas and ChemicalLNGIndustrial Manufacturing  and  Government  sectors. In addition, we deliver  custom training solutions  to a variety of  global process industries

ABS Group is an independent subsidiary of our parent organization,  American Bureau of Shipping (ABS), one of the world' s leading marine and offshore classification societies founded in 1862.

Our Mission



ABS Group strives to be a leading global provider of technical services that better enable our clients to operate safely, reliably, efficiently and in compliance with applicable regulations and standards. We are focused on adding value to the global industries we serve and strategically capturing synergies with ABS.
 
 
better
    18-Dec-2020 20:45  
Contact    Quote!
Sembmarine in the news:

Trio wraps up joint development projects for LNG bunkering

December 18, 2020, by  Bojan Lepic


Classification and technical advisory body ABS, Sembcorp Marine and A*STAR&rsquo s Institute of High-Performance Computing (IHPC) have completed joint development projects in LNG bunkering and the use of LNG as a marine fuel.

ABS said that the projects arose out of a memorandum of understanding  signed by the trio in 2018  to advance the use of LNG as a marine fuel and to make LNG more accessible, reliable, and safer for the industry.

The joint development projects brought together engineers with diverse backgrounds and expertise to study a range of key issues including leakage during LNG bunkering, boil-off rate management for Type C tanks, and the heat transfer between LNG containment and surrounding structures.

Gu Hai, ABS VP at the Singapore innovation and research centre, said: &ldquo Through this collaboration, the partners have made headway in research and development that can help drive greater adoption of LNG as a bridging fuel, through innovative solutions for the transfer and containment of LNG.

&ldquo The success of these projects demonstrates ABS&rsquo commitment to collaborating with industry partners to develop sustainable solutions&rdquo .

According to ABS, simulation methodologies developed in the joint projects will facilitate advances in mitigation measures for containing gas leaks, Type C Tank design, through better prediction of boil-off rates, and insulation design for cryogenic storage systems.

Lim Keng Hui, executive director at IHPC, added: &ldquo We are committed to creating new value for our partners through the translation of R& D into positive outcomes for the offshore, marine and energy sectors.

&ldquo IHPC&rsquo s multidisciplinary core capabilities have been applied to address industry challenges and encourage the adoption of LNG as a sustainable fuel&rdquo .

Simon Kuik, head of R& D at Sembcorp Marine, stated: &ldquo Recognized as the cleanest form of fossil fuel, LNG is suitable to be used as an interim source of fuel for the coming decade. Sembcorp Marine has a strong track record of providing LNG-ready solutions that ensure the safe, reliable and cost-effective adoption of this fuel.

&ldquo This collaboration with ABS and IHPC leverages on Sembcorp Marine Tuas Boulevard Yard as a living lab for our engineers and partners to test-bed and validate R& D outcomes in line with our continuing mission to innovate, enhance and expand our product solutions&rdquo .
 
 
camelhump
    18-Dec-2020 19:16  
Contact    Quote!
how is 20 Days derived. merge with Kepp so soon after major decision. reason uob downgraded is due to upcoming llarger losses soon... 
 
 
better
    18-Dec-2020 18:11  
Contact    Quote!
Seems like there was a last minute surge in volume on a small price gain into the Friday close.

In itself, that is a bullish sign. May gap up to above 15 cents on Monday morning. Let' s see.

20 days  to DECISION day!    smiley  All up to Temasek now, whether they are willing to pay to faciliatte the marriage.
 
 
alleyboy
    18-Dec-2020 16:56  
Contact    Quote!
Still weak...

trademaster      ( Date: 18-Dec-2020 16:13) Posted:

--- Post Removed by User ---

 

 
ADS2200
    18-Dec-2020 11:10  
Contact    Quote!
the engagement is fierce. what better said is true, not about the silly report but rather something fishy is going on .... no doubt you can say no price movement.  accumulation/distribution is happening now 

better      ( Date: 16-Dec-2020 23:02) Posted:

Essentially, UOB KH/s report is saying thatSMMt should be trading at 0.64x book value or 12+ cents per share.

So when SMM is trading at 12 cents in November, they say the price is just about right, so HOLD.

When SMM is trading at 17 cents last week, it is much higher than their calculated fair value, so SELL.

They are entitled to have their opinion, just like anyone else. The only issue of couse is that the anayst did not get the Book value per share right.

But so be it. The last 2 days selling has got nothing to do with the UOB KH report.

 
 
better
    18-Dec-2020 10:48  
Contact    Quote!
Thanks Adrian Loh for your help. Just collected a bunch at 14.6 cents.
 
 
FATABA
    18-Dec-2020 10:46  
Contact    Quote!
How ?    Will all boycott and stop trading w them ? I dont even hv any account w them

lorann      ( Date: 18-Dec-2020 09:40) Posted:

UOBKH very orsim for the misleading mistake and for their own benefit.   Make sure UOBKH suffer

delonlaw      ( Date: 18-Dec-2020 09:12) Posted:

announcement coming. UOB mistakes is an opp to loaded.


 
 
redbull888
    18-Dec-2020 10:45  
Contact    Quote!
when?

delonlaw      ( Date: 18-Dec-2020 09:12) Posted:

announcement coming. UOB mistakes is an opp to loaded.

 
 
newbie19
    18-Dec-2020 10:28  
Contact    Quote!
Not sure whether they will announced officially it's a careless mistakes?

delonlaw      ( Date: 18-Dec-2020 10:24) Posted:

useless analyst :Adrian Loh

lorann      ( Date: 18-Dec-2020 09:40) Posted:

UOBKH very orsim for the misleading mistake and for their own benefit.   Make sure UOBKH suffe


 
Important: Please read our Terms and Conditions and Privacy Policy .