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Ceremony marks handover of offshore rig to Mexican drilling company (The Brownsville Herald)

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The ceremonial smashing of a champagne bottle at the Port of Brownsville on Thursday marked the christening and official handover of the “Tuxpan” offshore drilling rig to Perforadora Central SA de CV, a Mexican oil and gas driller. (more business here…) Related items Sembcorp to deliver third Seadrill semisub (Oil Online) Palm gains to 7-month high (Business Times...
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Sembcorp Marine gets $93 mln contract from Petrobras

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SINGAPORE, March 11 (Reuters) – Sembcorp Marine <SCMN.SI>, the world's second largest offshore oil rig maker, said on Thursday it has secured a S$130 million ($93 million) from a unit of Brazilian state-run oil firm Petrobras. (read more here…) People who looked at this item also looked at… Singapore’s Sembcorp says wins S$130 mln contracts Related items Singapore’s Sembcorp says wins S$130...
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Football: Etoile FC hungry for more after League Cup victory

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SINGAPORE: One goal down at half—time, they came out early after the break. (read more here…) Related items Sembcorp Marine gets $93 mln contract from Petrobras Singapore warns of terror threat in Malacca Strait Singapore says terror attacks planned on oil tankers Yellow River Conservancy Commission is 1st Asian winner of Lee Kuan Yew Water Prize Business leaders express concerns about...
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Trade eyes alternate routes, oil buffers over Malacca risk (Reuters via Yahoo! UK & Ireland News)

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Oil traders are concerned about supply disruptions via the Malacca Strait after the Singapore Navy warned of possible attacks on tankers, but said alternate routes could be used that add slightly to costs while stocks on landed and floating storages offer ample buffer. (read the story…) Related items Singapore says terror attacks planned on oil tankers “singapore news”...
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Singapore, shippers raise security over Malacca threat (Reuters via Yahoo!Xtra News)

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SINGAPORE (Reuters) – Singapore raised alert levels on Friday in the Asian financial centre and beefed up security at its airport and new casinos after a warning by its navy of possible attacks on oil tankers in a key shipping lane. (more…) Related items Singapore boosts security on Malacca straits terror warning (The Malaysian Insider) Las Vegas Sands...
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Singapore boosts security on Malacca straits terror warning (The Malaysian Insider)

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UPDATED SINGAPORE, March 5 — Singapore raised alert levels today in the Asian financial centre and beefed up security at its airport and new casinos after a warning by its navy of possible attacks on oil tankers in a key shipping lane. Singapore, Malaysia and Indonesia have already stepped up sea patrols in the...
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Uniquely Singapore: PAP ministers raising their own pay by a hefty 8.8% ahead of the next election (The Temasek Review)

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OPINION With public anger boiling over its disastrous policies which have affected the livelihoods of many Singaporeans, one will expect the ruling party to reduce or at least freeze the salaries of its ministers to soothe frayed nerves, especially with the next election around the corner. It is therefore most incomprehensible, outrageous and disgusting...
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Oil steady near 7-week highs as economy recovers (Central Chronicle)

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Agencies Singapore, March 4: Oil was steady on Thursday, trading near seven-week highs around $81, as U.S. demand rebounds with a recovering economy, and a weaker dollar helped whet investors’ appetite for risk. (more…) Related items Singapore dollar seen at 1.35/USD end-2010 -c.bank poll (Reuters via Yahoo! Malaysia News) Oil below $80 amid mixed US economy signals (AP...
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Singapore warns of terror threat in Malacca Strait

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Singapore’s Navy warned that a terrorist group is planning attacks on oil tankers in the Malacca Strait, one of the world’s busiest shipping lanes. (read more here…) Related items Singapore says terror attacks planned on oil tankers Patrols stepped up over threat to Malacca Strait shipping Sembcorp Marine gets $93 mln contract from Petrobras Football: Etoile FC hungry for more...
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Singapore says terror attacks planned on oil tankers

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An unidentified terrorist group is planning attacks against oil tankers in the Malacca Strait, one of the world’s busiest shipping lanes, the Singapore Navy and a shipping association said Thursday. (read more here…) Related items Singapore warns of terror threat in Malacca Strait Trade eyes alternate routes, oil buffers over Malacca risk (Reuters via Yahoo! UK & Ireland...
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Euro Trades Near Two-Week High; Asian Commodity Stocks Gain (Bloomberg)

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March 4 (Bloomberg) — The euro traded near a two-week high against the dollar after Greece announced measures to cuts its deficit and Asian stocks fluctuated as mining companies and banks rose after oil and metal prices gained. (read on…) Related items Asian Stocks Advance for Second Day on Banks, Copper, Taiwan (Bloomberg) Euro Falls, Asian Stocks Decline...
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Sembcorp to deliver third Seadrill semisub (Oil Online)

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Sembcorp Marine subsidiary Jurong Shipyard plans to deliver the West Orion , the third in a series of four turnkey ultra-deepwater semisubmersible drilling rigs, to Seadrill Limited in the second quarter of 2010. The announcement follows the official naming of the vessel during a ceremony that took place on 27 February 2010. Upon delivery,...
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