Energy & Offshore
SembMarine hit with trading query after sharp share price spike
Its share price surged after a massive loss.
Sembcorp Marine plunges into the red with $290m net loss in FY15
Blame massive provisions for deferred rigs.
Technics Oil & Gas resumes trading after major divestment deal falls through
A reverse takeover will no longer occur.
Noble Group's top LNG traders jump ship to rival Glencore
But Noble will continue to trade LNG.
Investors are terrified of Noble Group's debt
The market thinks it's going to default.
Swiber successfully installs world’s southernmost platform project in South America
It was completed amid challenging weather conditions.
Technics Oil & Gas raises alarm for Q1 profits
It’s expecting an operating net loss.
Choppier seas ahead for local rig builders as giant Chinese rivals merge
Will this trigger a deal between Keppel and SembMarine?
Investors too bearish on ST Engineering: analysts
It expects $1.2b of orders in 4Q15.
Singapore firms fear defaults from battered energy players in 2016
O&G firms are in a “precarious” position, says Moody’s.
Rig builders turn to major divestments to combat thinning funds
Capital injection is necessary to stay afloat.
Chemical logistics firm Bertschi launches $45m Jurong Island facility
It will also invest an additional $20m in Singapore.
Sembcorp Utilities sells 60% stake in gas manufacturing unit for $4m
It has also transferred a plant on Jurong Island.
SCI faces shareholder backlash if SembMarine privatisation pushes through: OCBC
It simply doesn’t make sense, analysts say.
Ezion likely facing $700m in write-downs over next two years
They’ll be necessary to bring values to reality.
Keppel O&M, BG Group nab licence to supply LNG in Port of Singapore vessels
They’re forming a JV to deliver bunkering solutions.
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