Energy & Offshore
RH Petrogas nabs operatorship of Indonesia PSC from PetroChina
It now has an aggregate 60% working interest.
RH Petrogas nabs operatorship of Indonesia PSC from PetroChina
It now has an aggregate 60% working interest.
All of the lights: Expect leaner electric bills for 1Q16, says SP Electric
Electricity tariffs will decrease by 4.2% compared to 4Q15.
KrisEnergy reports sharp growth in production and reserves
Production rates more than doubled.
Pacific Andes launches probe into why unit went into provisional liquidation
It has established an independent review committee.
Keppel’s offshore arm clinches contracts worth $125m from repeat customers
It secured four contracts in total.
Heftier losses await struggling Singapore shipyards in 2016
Oil prices will drop to unprecedented levels.
MMP Resources rejected from SGX-ST Catalist Board
Its ability to continue operations is on rocky ground.
Triyards clinches $31m contract for two oil barges to end 2015
They’re slated for delivery in 2Q18.
Sembcorp energises China business with coal-fired power project in Chongqing
The plant will commence operations in 2017.
Mencast Holdings scores contract renewal with oil supermajor
It includes environmental remediation for another three years.
AusGroup clinches contracts worh AUD100 million
Despite the oil price downturn.
SGX nullifies 91 erroneous trades of New Silkroutes shares
Involving 52.3 million shares.
Ezra poised to nab EMAS Offshore’s Perisai shares for US$56m
It’s a 500% premium compared to current listing price.
PACC Offshore sounds alarm for profit loss in 2015
Blame it on an impairment in goodwill.
New technology by NTU to slash electricity bills by 10%
Semi-conductor manufacturers will likely benefit.
Vard slapped with contract termination of two LPG carriers
They are the last two of eight for delivery.
XMH’s net profit surged 69.3% to $3.6m in H1
Thanks to strong results from Z-Power Automation.