Energy & Offshore
SG, Brunei ink deals to deepen cooperation in 3 areas
The three areas are energy, the green economy, and food and medical supply resilience.
SG, Brunei ink deals to deepen cooperation in 3 areas
The three areas are energy, the green economy, and food and medical supply resilience.
Establishment of a 100% ammonia direct combustion power plant on Jurong Island eyed
Jurong Port, Mitsubishi Heavy Industries APAC, and Jera Asia will conduct a study on its feasibility.
Borr Drilling repayment to Sembcorp Marine might raise share price
It will repay partially $1.1b (US$0.8b) from 2023 to 2025.
Keppel O&M acquires $3.9b FPSO vessel contract from Brazil oil firm
The vessel is targeted to be completed in over four years.
Keppel to invest $445.3m in German offshore wind farm
The investment will be split between Keppel and its trust unit.
Gov’t edges up expected growth for exports, merchandise trade
This is whilst rising oil prices and high global semiconductor demand continue.
Total merchandise trade up 28.1% in Q2 22
This followed the 20.8% growth in the previous quarter.
Energy price spike powers Sembcorp’s half-year profits
The group reported a 94% surge in profits.
Two local startups receive grants to develop sustainable energy solutions
These are for underwater infrastructure inspection and low-carbon hydrogen production.
Sembcorp Industries' Myanmar subsidiary unharmed by foreign law repayment halt
Its power plant continues to run whilst employees are safe.
Sembcorp Marine secures contract for Australian energy company
The contract is to build and install a gas topside.
Sembcorp Industries expects ‘materially higher’ financial results in 1H22
Its conventional energy segment drove better results for the company.
EMA, SIT launch 2nd grant call for new energy tech proposals
The submission deadline is on 15 October at 12 pm.
EMA, JTC award 3 projects to test-bed clean energy tech on Jurong Island
The projects under the $6m grant which opened for proposals last year.
Will higher oil prices bode well for SG's oil-related stocks?
Oil prices have risen 37% in 2022.
Singapore’s first energy storage system deployed at Pasir Panjang Terminal
It has a 2MW/2MWh capacity and is set to operate in Q3 2022.
Chart of the day: Singapore ranks 2nd in energy FDIs in ASEAN
The country has been part of the top three since 2008.
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