Energy & Offshore

Keppel more likely to win drilling contracts from Azerbaijan NOC

Find out how much is the potential boost to order book of Keppel. Read ››

Swiber Holdings off to a great start with US$216m worth of contracts in 2012

Its Middle East joint venture has also secured a contract win amounting to over US$38 million. Read ››

EMS Energy names Lim Beng Hwee Gavin as General Manager

Gavin brings with him years of experience in the marine and offshore industry. Read ››

Ezion cements $93.5M service rig contract

This latest deal to deploy a service rig in North America may boost multi-year EPS, says DMG. Read ››

What's the 2012 battle plan for Keppel Corp?

CEO Choo Chiau Beng shares the conglomerate's strategies after a stellar 2011. Read ››

Ezion bags $94m charter contract in North America

It will be providing a service rig to a national oil major in the region. Read ››

Van Der Horst Energy appoints Chen Yonghua as Executive Chairman and Executive Director

Mr Chen will represent the Company in its further expansion in Greater China. Read ››

Van Der Horst Energy’s Executive Director and Chief Executive Officer resigns

Cheng Lim Kong has called it quits to pursue personal interest. Read ››

Interra Resources appoints Sugi Handoko as Vice President of Operations

He was tasked to manage the petroleum exploration and production operations of the Group. Read ››

Outlook murky for Hyflux despite Galaxy joint venture

As it had underperformed the broader market last year, plunging 48% versus the STI’s 17% slide. Read ››

Keppel secures US$809mn deal from Sete Brasil

The new DSS™ 38E semi deal brings Keppel Offshore & Marine’s new orders for the year-to-date to S$9.8bn. Read ››

Indian private power firms on shaky credit?

Operational cash flows and number of long-term contracts found wanting by Fitch. Read ››

Manhattan Resources appoints Lee Hui Gek as Chief Financial Officer

She will be respomsible for overseeing the overall financial activities of the Group. Read ››

CSE Global stays strong with S$487m worth of orders as of September

Its revenue has grown at a compounded growth rate of 15% for the past 8 years. Read ››

A*STAR R&D arm moves to spur growth of eco-friendly industries.

SIMTech, is spearheading a slew of R&D initiatives in green technologies in collaboration with Nanyang Technological University (NTU) and National University of Singapore (NUS). Read ››

SP AusNet profit down 11.9% to A$146.2m

Increased half-year revenues and profit before tax were offset by a higher income tax expense. Read ››

Is Singapore’s over dependence on gas a boon or bane?

Experts believe that gas will account for almost 90% of total electricity produced by 2020, but is Singapore prepared to face various supply risks? Read ››

A*STAR’s Experimental Power Grid Centre to spur future energy and smart grid solutions

The centre provides compelling value propositions for research partnerships with public and private sectors to tackle global energy challenges. Read ››

R H Energy appoints Xiao Desheng as Executive Director

His past experiences and qualifications convinced the Board that he is fit to undertake the position. Read ››

PEC bags S$70mn projects

The Group’s latest wins strengthen its position in the process industry. Read ››

Eureka!: RH Petrogas discovers new gas reserves in Indonesia

The discovery was made in the North Klalin field, located close to its subsidiaries’ production fields. Read ››

Keppel appoints Loh Chin Hua as new Chief Financial Officer

Loh replaces Teo Soon Hoe, who will continue to serve as Senior Executive Director and remain on the Board. Read ››

Loyz Energy appoints Gopal Pallipuram Srinivasan as Managing Director

He has 27 years experience in the upstream oil and gas industry in India and overseas. Read ››

Not so happy new year: Margins seen to shrink for O&M firms in FY 12-13

EBIT margins for Sembcorp Marine and Keppel Corp are seen to drop from 21% in FY11 to 15% next year. Read ››

Sembcorp Marine subsidiary clinches $100mln contract for Aussie LNG firm

SMOE inks deal with Bechtel Overseas for the module assembly at the LNG facility on Curtis Island, Queensland, Australia. Read ››

Vogt Power to provide heat recovery generators to Jurong power plant

Vogt Power has received an order from Siemens to supply heat recovery steam generators  and associated equipment for the GMR Energy Power Plant project in Jurong Island. Read ››

China Aviation Oil appoints Jean Teo Lang Lang as Chief Operating Officer

Teo was a senior trader of distillates products at Cargill International and Lead Trader of Light Distillates at BP Singapore. Read ››

Shell to keep refinery shut during investigations

And it won’t be opened until Shell is confident that it is safe to do so. Read ››

China Aviation Oil to invest in Malaysian greenfield oil storage terminal

Johor terminal with total storage capacity of 380,000m3 to be built specifically for CAO’s use. Read ››

Sembcorp Industries’ utilities business to grow 8% in FY12

Despite threats of a recession, CIMB still expects growth for SCI’s utilities business, thanks to long-term contracts and the unabated demand for power and water. Read ››

Silver lining: Bukom fire to benefit contractors

Order flows potentially await contractors that provide civil engineering, construction, equipment rental and/or structural steel works services. Read ››

Shell Singapore to pay for undelivered cargoes

Unable to deliver because of the Bukom fire last week, Shell offered to pay clients to effectively buy back the orders. Read ››

Pulau Bukom fire started during maintenance preparation work

Preliminary investigation by the Ministry of Manpower showed that the fire broke out at a Pump House. Read ››

Crude market reacts to Bukom blaze, shows unusual volatility in price spread

This as the fire caused Shell to cancel the lifting of 4 million barrels of crude. Read ››

Keppel FELS bags US$199mn order for Safin’s first KFELS B Class jackup rig

The deal will enable Safin to meet the needs of its customers and launch the programme of its premium rig fleet. Read ››

SBI Offshore names Loh Chua Meng as General Manager

Loh is tasked to assist the company’s Chief Executive Officer and Executive Director. Read ››

Sembcorp Marine appoints Tan Sri Mohd Hassan Marican as Board Director

He is the former President & CEO of Petronas. Tan Sri Mohd Hassan Marican has been appointed as an independent Director on the Board of Sembcorp Marine with effect from 1 October 2011. Read ››

Shell declares force majeure

Force majeure has been declared on customers after the blaze at Bukom which shut down Shell’s 500,000 barrels-a-day refinery. Read ››

No toxic gases so far on the mainland from Shell refinery fire

The blaze had been extinguished but those with respiratory problems are advised to avoid the western part of Singapore near Bukom. Read ››

Kreuz bags total contracts worth over US$100mn

48% of the company’s 2011 contract wins are from third-party customers. Read ››