Why rig builders are shifting their funds from Norwegian market to Singapore

It has 13 units of rigs ordered.

Accordng to CIMB, they have noticed that high rollers from Singapore and second-tier offshore & marine companies are shifting their „funds‟ to speculate on rigs, driven by the tight regulatory and monetary control of properties in Singapore amid a low-yield environment.

CIMB also said that reflecting the global financial market trend, speculative rig-building is seeing a shift from the Norwegian market to Singapore, which currently has 13 units of rigs ordered or 15% of the newbuild market share.

"Swissco Holdings, Falcon Energy and KS Energy are the Singapore-listed O&M plays to watch for in the next two years, with a potential 33% increase in their BV from the sale of rigs. Keppel is the top pick in our coverage," CIMB said.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia