Ramunia says in talks for oil rigs orders

Ramunia Holdings said on Sept 14 that it was in talks with European oil and gas drilling firms for orders to build semi-submersible drilling rigs and that it hoped to win an order soon.

A semi-submersible order could range between US$500 million (RM1.83 billion) to around a US$1 billion and would place Ramunia in direct competition with some of the world’s top offshore rig-builders like Keppel Corp and SembCorp Marine in Singapore and Samsung Heavy Industries and Daewoo Shipbuilding in South Korea.