Energy & Offshore
Over a dozen LNG tankers idled around Singapore as gas downturn worsens into crisis
Spot LNG prices have fallen by almost 66%.
Over a dozen LNG tankers idled around Singapore as gas downturn worsens into crisis
Spot LNG prices have fallen by almost 66%.
Keppel FELS delivers ultra-harsh jackup rig to Maersk a month ahead of schedule
It will be deployed to the North Sea.
Ezion’s net profit jumped 106.6% to $113.4m in Q4
On back of a $47.3m disposal gain.
Sembcorp Marine’s net profit up 1% to $560m in FY14
On back of higher rig building revenue.
Swiber clinches $422.1m contract from South Asian national oil company
This is the second-largest contract in the group’s history.
Nam Cheong’s net profit up 47% to $113.6m in FY14
On back of strong orders from repeat customers.
Sembcorp to invest $227m in Indian RE company Green Infra
Its share amounts to 60%.
KTL Global's net profit plunged 49% to $665,000 in Q2
Due to weak orders from offshore O&G customers.
KPMG, PwC team up on bankrupt OW Bunker Far East debts
KPMG will be the liquidators while PwC will be the receivers.
A tale of two shipbuilders: Petrobras scandal rocks the boat for Singapore’s largest rig makers
Brazil-related orders account for almost half of their order books.
GRP's half-year net profit plunged 51.7% to $903,000
Due to weaker demand and falling oil prices.
Giant rig builders embroiled in massive Brazilian bribery charge
Both Keppel and SembMarine's order books are at risk.
Singapore’s troubled rig builders sitting in the eye of the storm
It’s not all doom and gloom at the moment, but all bets are off after 2015.
Basil Chan joins SBI Offshore as director
He is founder and managing director of MBE Corporate Advisory.
Spencer Ogden gets funky with its newest trademark space in Singapore
The company invested over $1M to make this signature office possible.
PEC clinches $132m refinery contract in the Middle East
It will be completed by April 2016.
Law Sai Leung resigns as KTL Global CFO and company secretary
He opted to pursue his personal interests.
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