Energy & Offshore
If Keppel is so profitable, then why does it need to restructure?
Its O&M operations are not as solid as it seems.
Iceberg to unleash fourth report on Noble almost a year after first attack
Noble's woes are not yet over after all.
Temasek reportedly mulling major restructuring move for Keppel, Sembcorp
It might divest its M1 stake.
Murky waters await rig builders after Sete Brasil narrowly escapes bankruptcy
Sete’s investors will meet again in February.
SGX unveils LNG derivatives contract
It will be used as a spot price index for Asian LNG.
Vallianz clinches $23.65m deal with China state-owned rail firm
It’s selling 550m shares at $0.043 each.
More job cuts on the cards as oil and gas players struggle to stay afloat
Almost 2 out of five firms want to reduce staff.
Keppel axes over 6,000 O&M workers as contracts dry up
It needs to rightsize to stay afloat.
Sete Brasil is not the only thing Keppel needs to worry about, say analysts
About 12 of 21 rigs are also facing writedowns.
Keppel's FY15 profit crashes 19% to $1.52b
On back of Sete Brasil provisions worth $230m.
Rex International bags offers in five Norway exploration, production licences
Its participating interest ranges from 20 to 50%.
Charisma Energy, Sunseap clinch 140MW solar farm deal in India
It’s the largest Indian project for a Singapore company.
Otto Marine clinches spot as port operator’s preferred service provider
It gives the company potential to boost fleet utilization.
A Keppel-SembMarine mega-merger might be disastrous for Singapore: report
Such a move makes no economic sense, analysts argue.
Forget Sete Brasil: There’s an even bigger cancellation storm ahead for rig builders
Both companies face up to $1b in write-downs.
Swiber Holdings bags 38% stake in Deltatek Offshore worth $68,590
It will be funded by internal resources.
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