Energy & Offshore

YTD, Keppel, and Sembcorp secure orders worth $8.1 billion in Q4 2010

And their annual order intake is likely to surpass the peak annual order of S$12.8b in 2007, says DMG.

YTD, Keppel, and Sembcorp secure orders worth $8.1 billion in Q4 2010

And their annual order intake is likely to surpass the peak annual order of S$12.8b in 2007, says DMG.

Keppel and Dynamic Offshore Group ink US$180mn jackup rig deal

Order from Dynamic Offshore Group shows that the KFELS B Class design continues to be the preferred jackup choice for drilling operators.

IE Singapore and KADIN Indonesia tie up to boost investments

The collaboration further opens opportunities for Singapore companies in utilities infrastructure, agri-processing and oil & gas.

Keppel bags US$393mn jackup rig orders from Gulf Drilling

The company attributes successful deal to its Near Market, Near Customer strategy that aims to develop keen understanding of its customers'...

Otto Marine's PATMI plummets 71% YoY for 1Q11

The shipbuilder reported a lower PATMI at S$7.0mln on the back of lower shipbuilding revenue.

Sembcorp Marine's strong 1Q11 margins offset by lower revenue

Gross profit margin soared 23.5% in the first quarter although net profit fell 39% YoY to S$151mln.

Depreciating USD hurts Viking's profit

Although the company's revenue rose 39% YoY to S$23.2mln for 1Q11, the company's gross profit margin was lower at 30% vs. 32.4% in FY10.

Keppel Corp: staying cool in the face of a force majeure

Clients and analysts are not worried despite the company's announcement that the delivery of its first rig for Discovery Offshore will be delayed for...

Consumers can soon choose their power supplier if EMA's plans continue

The Energy Market of Singapore is working towards opening up the entire electricity market to competition.

Siemens/Samsung consortium takes over Island Power combined cycle power plant site

The 800MW plant to house Siemens’ most sophisticated gas turbines and is expected to be completed by the end of 2013.

High coal prices fuel SAR's stock advice upgrade

Now is the best time to buy Straits Asia Resources stocks as valuations and a 276% YoY jump in profit make the company look attractive, DMG Research...

Keppel Corp. makes up for flat 1Q11 revenue with 7.8% rise in net profit

The company's year on year net profit jumped to S$346.2mln for the quarter due to improved infrastructure earnings and stronger contribution from...

Offshore & marine sector net earnings to rise 23% in 1Q 2011

Cosco will lead the pack, generating growth of 88% on higher offshore and shipbuilding sales, said DBS Vickers.

Clarity chosen to implement Singapore’s Intelligent Energy System

Clarity has been accepted by Accenture to implement Phase 1 of the Intelligent Energy System pilot project spearheaded by Singapore’s Energy Market...

Energy efficiency standard implemented for data centres

The Singapore Standard for Green Data Centres - Energy and Environmental Management Systems has been launche to help data centres manage energy use...

Lawrence Wong steps down as Chief Executive of Energy Market Authority, may enter politics

Mr Chee Hong Tat will be appointed as CE, EMA  from 9 May as Mr Wong is reported to be considering running as a PAP candidate in the upcoming...