Energy & Offshore
Mermaid Maritime strengthens Middle Eastern foothold by raising stake in Subtech Saudi Arabia
Its shareholding interest jumped from 70% to 95%.
Mermaid Maritime strengthens Middle Eastern foothold by raising stake in Subtech Saudi Arabia
Its shareholding interest jumped from 70% to 95%.
BBR Holdings clinches 20-year solar photovoltaic system installation lease contract from HDB
20,000 solar panels will be installed in Ang Mo Kio.
Giang Sovann quits as SBI Offshore executive director
He tendered his resignation due to health reason.
EMAS Offshore’s secondary SGX listing today to expand oil, gas and services sector by 4.4%
The company is currently worth S$532m.
Singapore to report monetary policy decision and third quarter GDP on 14 Oct
Find out what to expect.
Chart of the Day: Take a look at how costly offshore oil has become
Meanwhile, onshore oil is depleting.
Yongnam Holdings to sell Malaysian plant for $60m
The deal will be completed before the end of 2014.
Loyz Energy launches $250m multicurrency medium-term note programme
It will be used for investments and refinancing existing borrowings.
KrisEnergy taps into Cambodia after acquisition
It now owns Chevron Overseas Petroleum.
SGX grabs remaining EMC shares for $23m
It’s now a subsidiary of SGX.
Linc Energy promotes Peter Bond to executive chairman
He was CEO and managing director of the company.
Pavilion Gas clinches LNG supply contract from BP
It has a tenure of 20 years.
SBI Offshore to raise $16.2m via new share placement to four investors
A total of 62m shares are put up at 26.05 cents each.
XinRen clinches 55% of Chinese coal mine for $18.23m
It will provide coal for its IPPs.
Loyz Energy summoned for failing to repay $4m loan
They say it’s not true.
EDB partners with NEC to develop local smart energy solutions
It affirms Singapore’s position as Asia’s Cleantech hub.
Lim Kuan Yew resigns as Magnus Energy Group managing director
He intended to pursue his personal ventures and businesses.
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