Keppel, Sembcorp Marine strike deals with embattled Brazil firm over oil rigs

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SINGAPORE: Singapore firms Keppel and Sembcorp Marine said on Monday (Oct 7) they had reached settlements with indebted Brazilian firm Sete Brasil over long-standing contracts to build drillships and rigs. Sete, which leased oil rigs to Brazil’s state oil firm Petroleo Brasileiro (Petrobras) …