Energy & Offshore

Sembcorp Marine's subsidiary clinched US$182mln contract

PPL Shipyard signed another turnkey contract to build a jack-up rig with Atwood Oceanics Pacific Limited.

Sembcorp Marine's subsidiary clinched US$182mln contract

PPL Shipyard signed another turnkey contract to build a jack-up rig with Atwood Oceanics Pacific Limited.

Singapore rigbuilders to see tripling in orders

The potential award of the long awaited Petrobas tenders will help get offshore yards back in the limelight.

Keppel secures US$360mln contract with Asia Offshore Drilling

The options for the additional two rigs may bring the total contract value to above US$720mln.

A*STAR to position Singapore as an innovation hub for oil and gas equipment sector

A*STAR and local universities collaborate to develop R&D capabilities in oil and gas equipment sector to support local marine and offshore industry.

Technics' subsidiary clinches S$25.6m contract

Norr Systems Pte Ltd, a 51% owned subsidiary of the compression systems provider, will construct two turnkeys and service two vessels for the next...

Keppel launches premier marine & offshore facility in Qatar

New shipyard signs service arrangements with eight major fleet owners.

Ezra to invest US$130m in fleet expansion

Positive outlook for offshore O&G sector prompts the company to fortify its key offshore support, deepwater subsea and engineering services units for...

Kreuz scores US$6.2M subsea installation contract in South Asia

The deal is the subsea service provider’s second contract win in less than four months since its SGX listing.

Ezra buys US$250mln fabrication facility in Houston

Well-equipped 650,000 sq.ft. yard in the US allows the company to expand engineering activities in the West.

Swiber's 3Q gross profit surges 79.9% to US$26.5m

The offshore construction services provider reported a 27.5% increase in revenue to US$122.4, taking into consideration the contributions arising...

SGX listing benefits Kreuz Holdings; 3Q revenue jumps 6%

The subsea solutions company raked in US$13.6m for the quarter while its gross profit margin doubled to 34.9%.

Hiap Seng first half profit down 34.6% to S$10.2mln

The group still has strong balance sheet with cash and cash equivalents of S$52.9mln despite incurring higher cost in executing projects.

Island Power proceeds construction of S$1.2bln power plant

Work on 800MW plant has started while SP PowerAssets will build interconnection to enable Island Power to export power to the Transmission Network.

Rotary Engineering posts record revenues of S$544.7m for 3Q10

The EPCM company’s income exceeded last year’s figure of S$404.9m by 35% and turned in profit after tax of S$37.8 million, up 35% from S$28.1 million...

Carbon reduction – can it be that simple?

Buildings responsible for at least 40% of the world’s greenhouse gas emissions can implement some simple tried-and-tested actions—some costing less...

Singapore at the forefront of smart energy economy

Experts urge Singapore to keep open to nuclear energy as policy uncertainties worldwide cast doubt on the pace of energy investments.

Singapore taps ST Electronics and Accenture for its intelligent energy project

The initiative will test and evaluate new applications and technologies aimed to deploy a smart grid throughout Singapore.