Energy & Offshore

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.

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.

Rig builders' cancellation woes mount on back of prolonged oil downturn

Earnings will continue to shrink for large-cap shipyards.