Energy & Offshore
Chart of the Day: Are Singapore’s oil and gas stocks reaching a capitulation point?
Brent crude fell 2% yesterday.
Offshore and marine firms brace for massive losses as fourth quarter results roll in
But this is just the tip of the iceberg.
Sino Construction inks JV with PSSFL to produce electricity from biofuel
It owns a 70% stake in the new firm.
Hai Leck warns of “significant drop” in net profit for 2Q15
On back of lower revenue.
Keppel FELS on track to deliver Floatel’s fourth accommodation rig
A fifth rig is also in the pipeline.
Ezra’s subsea services division clinches $87.92m worth of contracts
From independent oil majors and contractors globally.
Jin Haojie quits as Chiwayland International head of sales, marketing and development
He chose to pursue other career opportunities.
Ezra, Swiber struggle to refinance debt amid oil rout
The turmoil may force them to resort to private placement.
Pacific Radiance’s order wins to take a hit on back of lacklustre DSV demand
Expect weak results in Q4.
Rex International braces for massive impairment loss in FY14
Due to its investment in FRAM.
Ezion’s share price plunged 42% from peak with investors spooked over deployment delays
It’s laying its bets on liftboats.
Austerity measures: Nam Cheong hit by Malaysia’s steep capex cuts
Its margins will ease considerably.
Rex International Holding names Dr Karl Helge Tore Lidgren as executive director
He is the brother of Hans Lidgren, a substantial shareholder of the company.
Viking Offshore and Marine appoints Low Jooi Kok as COO
He will replace Ng Yeau Chong, who has been appointed as the managing director of the company's wholly owned subsidiary, Viking Airtech.
Chiwayland International names Sun Weihou as head of project costing
He will replace Wang Lei who remains as vice director of purchase department in the group.
Keppel Corp’s weak order wins to persist in spite of $330m contract win
Can the shipping giant weather the storm?
Read Here
Advertise
Sign Up
