SembMarine bags 2nd Atwood rig job - Sembcorp Marine announced that US drilling firm Atwood Oceanics Pacific has exercised an option to construct a second oil rig with its Jurong Shipyard unit. Contract details are being discussed and a further announcements regarding the value of the deal would be disclosed on a later date.

Penguin placement fully subscribed - Penguin International's offer of 88million new shares in a private placement has been fully subscribed at 15.7 cents each. The placement shares represent 16.7 per cent of the company's enlarged share capital. Penguin said that it intends to use the estimated $13.8 million in net proceeds from the placement as working capital.