Energy & Offshore

Sembcorp Industries eyes a clean energy acquisition

It wants to achieve double-digit ROE in five years and renewables business growth amongst others.

Sembcorp Industries eyes a clean energy acquisition

It wants to achieve double-digit ROE in five years and renewables business growth amongst others.

Noble's outgoing boss bagged US$20m amidst US$5b loss

The remuneration is more than the US$15m than Noble has offered to pay its perpetual bondholders.

China Aviation Oil profit crashed 21.7% to $18.51m in Q4

It blamed the expansion of its global trading business that is subject to higher tax rates.

Noble plunged into US$4.94b loss in 2017

It blamed the US$3.24b non-cash reserve losses on fair value gains of commodity contracts.

For Abu Dhabi-based Goldilocks, Noble's debt restructuring plan is just not right

It warned Noble's losses will erode the little cash it has left.

China and India renewable power use to explode over next decade

Renewables capacity expansion in China and India will serve as strong tailwinds.

Noble sells marketing and offtake deal for $13.32m

It is expected to lose $8.96m as the asset was underpriced.

Sembcorp Industries profits crashed 84.6% to $22.8m in Q4

It was hit by a $35m loss due to the poor performance of its marine rig business.

Sembcorp Industries to launch Indian IPO

It will sell utilities assets that are expected to yield $500m, adding to the proceeds of the IPO.

What now for Sembcorp Marine after first loss in over a decade?

The shipbuilder reported wider than expected losses which could refloat privatisation rumours.

Nearly US$5b loss looms for Noble

No thanks to the disposal of its global oil and North American unit.

Noble gets 3-year US$700m loan

It is also in talks with stakeholders to launch its restructuring plan.

DNV GL launches 3D printing lab in Singapore

This is to drive the adoption of 3D printing in O&G and O&M sectors. DNV GL launched its Global Additive Manufacturing Centre of Excellence in...

Noble rejects majority stakeholder's request to disclose talks

Goldilocks accused Noble of sending out a misleading statement about its restructuring.

7 in 10 O&G professionals to embrace digitalisation for higher profits

But an old-fashioned culture remains the biggest barrier.

Former Keppel bosses arrested amidst bribery case probe

Keppel O&M previously paid $422m to end investigations.