11 Apr 2006

Noble Drilling Hulls to Arrive in Jurong Shipyard For Conversion Activities

Jurong Shipyard, a subsidiary of SembCorp Marine has signed an agreement with Noble Drilling to undertake the conversion and outfitting of two of its semi-submersible hulls, Noble Danny Adkins and Noble Bingo 9000 Rig 4 respectively. A firm contract is expected to be finalised by the third quarter of this year with delivery of the first hull by the first quarter of year 2009.

The first hull, Nobel Danny Adkins left China last week and is under wet tow to Jurong Shipyard where it will be completed to satisfy a firm four-year commitment from Shell received last November to work in the Gulf of Mexico.

When completed, the unit will have a living quarter for 200 men and is capable of drilling to a total depth of 35,000 feet.

Jurong Shipyard is a leading shipyard offering integrated services and customized solutions in ship repair, shipbuilding, ship conversion, rig building and offshore engineering. Apart from its proven track record in the building and servicing of jack-up and semi-submersible rigs, Jurong Shipyard is also a global leader in the EPC conversion of tankers to floating, production, storage and offloading units FPSOs), floating storage tankers (FSOs) and floating production units (FPU).

For media & analysts enquiries, please contact:

Judy Han (Ms)
Senior Vice President
Investor Relations & Communications
Tel No : (65) 6262 7203
Fax No : (65) 6261 0738
Email : judy@sembcorpmarine.com.sg