Energy & Offshore
Sembcorp Marine’s thinning orderbook threatens to sink profits: analysts
Net orderbook is currently estimated at $4.7b.
Sembcorp Marine’s thinning orderbook threatens to sink profits: analysts
Net orderbook is currently estimated at $4.7b.
China Aviation Oil’s H1 profits soar 48.6% to about $64.56m
Thanks to higher trading volumes, raised JV contributions.
Keppel’s net profit plummets by 48% to $205.8m
On back of the its anemic O&M business.
Liquidity crunch said to push Noble into ditching European power, gas by end-2016
Traders, support staff have been leaving the firm.
Sembmarine delivers world’s largest jack-up rig to Noble
It will be deployed in the North Sea.
Ezra sinks into maelstrom as it suffers a net loss of US$239.2m in 3Q
On back of a one-off loss and the O&G downturn.
Will China Aviation Oil's stake in an exclusive refueller save its bacon in 2016?
It accounted for 63% of 2015's net profits.
Keppel inks joint venture with Shell to establish LNG bunkering business
Each party has a 50% stake.
Keppel offshore and marine arm secures $120m worth of new contracts
The four contracts were all from repeat customers.
Ezion banks on Chinese offshore windfarm market as oil and gas sector continues rough patch
Diversifying away from the sector is necessary, analysts say.
PACC Offshore clinches deal to provide accommodation support for world's largest offshore facility
The 750-pax POSH Arcadia will be deployed to the Shell Prelude FLNG project.
Noble Group shareholders approve $500m rights issue
It garnered 98.87% of votes.
Gone with the wind: Ezion banks on offshore windfarms as oil and gas industry flounders
It has three rigs being converted into windfarm units.
Rig builders' cancellation woes mount on back of prolonged oil downturn
Earnings will continue to shrink for large-cap shipyards.
Here's why diversification won't rescue Singapore's struggling rigbuilders
Newbuild demand has simply vanished.
Escalating oil & gas default risks won’t sink Singapore’s largest banks: Fitch
They have a combined exposure of around $49 billion.
Otto Marine's chairman rolls out $68m privatisation bid
He's offering 32 cents per share.