Energy & Offshore
Singapore’s largest newbuild jack-up rig by Jurong Shipyard bound for the North Sea
The rig has secured a five-year contract from leading energy company Statoil for deployment to the Norwegian Continental Shelf.
Singapore’s largest newbuild jack-up rig by Jurong Shipyard bound for the North Sea
The rig has secured a five-year contract from leading energy company Statoil for deployment to the Norwegian Continental Shelf.
Ezion secures US$73m contract with Maersk Oil
They will be acquiring a cold-stacked rig, and converting it to an accommodation-purpose rig with 140 single man-cabins, says CIMB.
ST Engineering seals S$171m contract with Swire Pacific Offshore Operations
The contract is for the construction and outfitting of 4 Anchor Handling Tug Supply vessels, DBS reports.
Keppel Offshore & Marine appoints Chow Yew Yuen as managing director
He will be reporting directly to CEO Tong Chong Heong.
Keppel seals $175m deal with Seadrill
This latest order for a semisubmersible drilling tender brings Keppel's order book t a whopping $9.9billion.
Singapore's first liquefied natural gas terminal to open in 2013
Hiap Seng Engineering sealed the $31.2 million contract for the terminal's construction.
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.
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