Share Tnvestment Tips:SembMarine’s subsidiary to extend standstill agreement for West Rigel rig .

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Sembcorp Marine says the stop understanding between North Atlantic Drilling (NAD) and Jurong Shipyard (JS), a completely claimed auxiliary of the organization, for the conveyance of the semi-submersible boring apparatus, the West Rigel, has been further reached out to July 6, 2017.

Amid the stop time frame, NAD will keep on marketing the unit for a satisfactory penetrating contract and JS will have the privilege to offer the unit at a worthy cost.

The unit will stay at the JS yard in Singapore amid this period.

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