Energy & Offshore
Profit pinch: Singapore oil and gas stocks down 50% YoY in 1Q15
They are feeling increased selling pressure.
Profit pinch: Singapore oil and gas stocks down 50% YoY in 1Q15
They are feeling increased selling pressure.
Ezion’s net profit down 9.4% to $54.7m in Q1
Due to lower revenue, higher costs.
Otto Marine braces for loss in Q1
Due to the oil and gas downturn.
Hoe Leong bounces back into the black with $1.4m profit in Q1
Thanks to its vessel chartering segment.
Vallianz’s net profit remains stable at $7.3m in 1Q15
Higher profits were offset by admin expenses and finance costs.
Bambang Nugroho retires as Ramba Energy executive director
He was in charge of the technical aspects of the company.
Sembcorp Industries struggles as Singapore power business loses spark
It's banking on overseas utilities for now.
Sembcorp Industries' net profit dropped 23.1% to $142.2m in Q1
Due to weaker marine and utilities business.
Otto Marine dismisses legal dispute as “vexatious”
It has a low chance of succeeding.
KS Energy names Soh Gim Teik as director
He will also be a member of the Audit and Risk Management Committee.
Penguin International names Leow Ban Tat as director
He will also be a member of the Audit Committee and Renumeration Committee.
Universal Resource and Services promotes Wu Chunlan to CEO
He is currently executive director of the group.
Abandon ship: Here’s how Singapore’s largest rig builders fared in Q1
KepCorp and Sembmarine did not escape unscathed.
CH Offshore names James William Noe as director
He is currently COO for marine of Falcon Energy Group.
Sembcorp Marine warns of challenging year ahead after dismal Q1 results
It might delay construction to slash costs.
Sembcorp Marine's net profit plunged 14% to $106m in Q1
Due to lower revenue, higher opex and forex loss.
PACC Offshore Services Holdings names Thai Kum Foon as CFO
She was CFO at The Straits Trading Company.
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