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Significant Events SIGNIFICANT EVENTS FEBRUARY MARCH APRIL JUNE JULY SEPTEMBER Sembcorp strengthens its Sembcorp Marine's Sembawang Tan Sri Mohd Hassan Marican Sembcorp hosts China’s Sembcorp sponsors Singapore’s Sembcorp Marine announces a presence in India’s power market Shipyard secures a S$25 million succeeds Goh Geok Ling as Minister for Water Resources, Festival of Biodiversity to inspire S$222 million investment to set by acquiring 45% of NCC Power contract to revitalise the Chairman of Sembcorp Marine, Chen Lei, at its operations on greater awareness of nature up a state-of-the-art, automated Projects for Rs 848 crores 137,276-gross tonnage cruise with Mr Goh’s retirement from Jurong Island, Singapore. and conservation. steel fabrication facility at the (approximately S$175 million). ship Voyager of the Seas, the Sembcorp Marine board. Sembmarine Integrated Yard @ NCC Power Projects is as part of Royal Caribbean Sembcorp Marine signs a Sembcorp increases its stake in Tuas, Singapore. The 34.5-hectare developing a 1,320-megawatt International’s ongoing fleet US$4 million agreement to acquire Thermal Powertech Corporation second phase of the yard, which coal-fired supercritical power revitalisation programme. MAY 12% of GraviFloat, which designs India to 65%. has commenced construction in plant in Andhra Pradesh. and operates re-deployable, early 2014, will also include three Sembcorp commences Ajaib Haridass and gravity-based, modularised Sembcorp wins Best Managed new drydocks. Sembcorp announces a construction of its largest energy- Neil McGregor join the board liquefied natural gas (LNG) and Board and Best Annual Report RMB454.9 million (approximately from-waste facility in Singapore. of Sembcorp Industries. liquefied petroleum gas terminals. at the Singapore Corporate Sembcorp Marine’s Jurong S$94.4 million) expansion to Worth over S$250 million, it will Awards 2014, for companies Shipyard signs a US$21 million increase the capacity of its be the first to produce steam for Sembcorp increases its stake Sembcorp acquires an existing with market capitalisation of agreement to acquire the key Huanghua wind power assets in companies on Jurong Island using in NCC Power Projects to 49%. wastewater treatment plant S$1 billion and above. business assets of Houston-based Hebei, China, to 147 megawatts. industrial and commercial waste. at the Lianyungang Lingang Sembcorp Group President & SSP Offshore. These include Sembcorp Marine’s Jurong Chemical Industrial Park in CEO Tang Kin Fei also wins proprietary technology and Sembcorp announces a Sembcorp is named Leader Shipyard secures a US$236 million Jiangsu, China, for RMB130 million Best CEO in the same category. designs for innovative floating RMB65.2 million (approximately in Wastewater Treatment for contract to build a Friede & (approximately S$26.1 million). production and drilling solutions. S$13.5 million) expansion to Chemical Industrial Parks at Goldman JU 2000E jack-up rig The plant will be reconfigured Sembcorp Marine’s Sembawang double its industrial water the China Water Industry for Hercules North Sea. and upgraded to ensure Shipyard secures a S$600 million Sembcorp Development’s capacity in Nanjing Chemical Annual Award 2013 ceremony. compliance with stringent contract from Saipem to Vietnam Singapore Industrial Park Industrial Park, Jiangsu, China, The award recognises Sembcorp’s Sembcorp Marine’s Sembawang discharge regulations. convert two very large crude (VSIP) is named Best Industrial / to 240,000 cubic metres per day. achievements in providing Shipyard secures an exclusive, carriers (VLCCs) into floating Warehouse Developer in industrial wastewater treatment long-term favoured customer Sembcorp is named Asia’s production, storage and Vietnam at the Euromoney Sembcorp Marine’s PPL Shipyard to chemical industrial parks in contract from GasLog LNG leading private sector developer offloading (FPSO) vessels. Liquid Real Estate Awards. secures a US$214.3 million China over the past decade. Services to provide ship repair, by Project Finance International VSIP is the first Asian company contract to build a Pacific refurbishment, upgrading and (PFI) at its inaugural PFI Asia to win the award for three Class 400 jack-up rig for The governments of China and related marine services for its Best Practice citations. consecutive years since 2012. Marco Polo Marine. Singapore designate Sembcorp’s LNG carriers docking in Singapore. Changzhi total water Sembcorp Salalah Power Sembcorp Marine’s Jurong management plant in Shanxi and Water Co is named Shipyard secures contracts worth province as a joint showcase for one of Oman’s Best Performing close to US$1.1 billion to build integrated water management. Companies in the category of two Jurong Espadon III drillships companies with large market for Transocean. capitalisation at the Alam al-Iktisaad Wal A’mal Awards. 44 BUILDING A GLOBAL COMPANY SEMBCORP INDUSTRIES ANNUAL REPORT 2014 45 SIGNIFICANT EVENTS Sembcorp signs a conditional Sembmarine SLP and Jurong NOVEMBER joint venture agreement with a Shipyard secure two offshore subsidiary of Chongqing Energy energy related contracts worth Sembcorp Marine’s PPL Shipyard Investment Group to collaborate S$222 million. These consist of a secures a US$240 million on a RMB6 billion (approximately contract from Siemens Transmission contract to build a second Pacific S$1.2 billion) mine-mouth & Distribution to design and build Class 400 jack-up drilling rig for coal-fired power project. an offshore substation platform BOT Lease Co. The agreement includes the for a wind farm, as well as a acquisition of a 49% stake contract from MODEC Offshore Sembcorp receives recognition in an existing 300-megawatt Production Systems (Singapore) for its support of environmental coal-fired power plant and the to complete the repair and life conservation, with Singapore’s joint development of an adjacent extension of a VLCC and convert National Parks Board naming a 1,320-megawatt coal-fired power it into an FPSO vessel. 100-year-old heritage tree after plant in Chongqing, China. the company. Sembcorp Marine wins Sembcorp Marine’s Sembawang Shipyard of the Year at the Sembcorp incorporates Sembcorp Shipyard forms three subsidiaries 2014 Lloyd’s List Asia Awards. Renewables, a wholly-owned in collaboration with Ecospec subsidiary of Sembcorp Utilities, Global Technology to develop, Sembcorp opens its second to hold renewable energy assets. manufacture and market green gas-fired cogeneration plant products to the marine, offshore on Jurong Island, increasing and onshore industries. its power capacity in Singapore DECEMBER by 400 megawatts. Sembcorp Marine’s SMOE secures Sembcorp Marine’s SMOE a US$190 million contract Sembcorp opens the Sembcorp Indonesia sets up a new from Bechtel to fabricate LNG Technology & Innovation Centre subsidiary, SMOE Singgar processing modules for a resource on Singapore’s Jurong Island for Mulia Engineering, in Indonesia project in Western Australia. the development and testing of to provide engineering services. innovative processes and emerging energy and water technologies. OCTOBER The company also announces two collaborations with the Sembcorp Marine’s Jurong Energy Market Authority: the Shipyard secures a formation of a S$10 million fund US$696 million contract to to support the commercialisation convert a shuttle tanker into an of new technologies for the FPSO vessel for a joint venture energy industry and a nationwide between Brazil’s Odebrecht Oil competition on energy & Gas and Teekay Offshore. for students. Sembcorp Cogen @ Banyan on Jurong Island, Singapore 46 BUILDING A GLOBAL COMPANY SEMBCORP INDUSTRIES ANNUAL REPORT 2014 47.
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