Energy & Offshore

PPL Shipyard to build US$364mln 2 jack-up rigs

PPL Shipyard to build US$364mln 2 jack-up rigs

Deal with options another 3 jack-up rigs from Atwood Oceanics reaffirms confidence in market.

Keppel FELS secures US$101mln contracts for drilling rigs

Completion of Saipem S.p.A’s Scarabeo 9 and upgrading of Ensco plc’s ENSCO 7500 affirms company’s competency.

Falcon Energy proposes 1-for-5 warrants issue

Company is expected to raise S$16.1mln for capital structure expansion and preparation for further growth.

PEC 2010 full-year profit up 96% to S$48.2mln

Jurong Island developments and growth prospects in Asia, Europe and the Middle East, presented opportunities.

Singapore to host Clean Energy Expo Asia 2010

Second annual event will allot 50% more exhibition space to drive sustainable energy growth in region

Swiber profit down 25% to $19.49mln

Higher administrative expenses, other operating expenses and finance costs pulled down profit from $26.03mln.

Keppel to deliver fourth deepwater rig for Ensco

Keppel reaps progressive productivity gains by trimming construction lead time by about 1 million manhours.

MEWR to introduce Energy Conservation Act in 2013

Companies that consume more than the equivalent of 15 GWh of energy annually will be required to monitor and report their energy use to the National...

Keppel forms joint venture company with Seafox

Offshore arm Keppel FELS commercialised its wind turbine installation vessel design to be the basis for Seafox Group’s wind turbine installation...

Keppel delivers Seadrill's 5th KFELS jackup rig

Partnership has yielded a fleet of 14 rigs worth US$1.5bln.

Singapore companies receive 5 top ASEAN energy honors

Joining the renewable energy project competition for the first time, Singapore was recognised for its extensive research and tangible results.

Keppel Corp's Infrastructure Division posts 35% decrease in profit

Keppel Corp improved its net profit by 11%, but review of Group performance revealed pre-tax profit from Infrastructure Division fell to $51 million...

Technics completes delivery platforms contract worth S$40 mln

The topside equipment of BK-14 and BK-15 will be delivered to the “White Tiger” oil field in Vietnam.

A*STAR strikes deal to develop future energy technologies

A*STAR’s Experimental Power Grid Centre initiates cutting-edge R&D to develop Singapore as smart grid solutions laboratory.

Ezra profit up 26% to $54.5mln

Diversified earnings stream fueled revenue as it rose 4% to US$244.3mln, largely from Marine Services Division.

Senoko Energy completes 1,000 days without lost time injury

The latest operating milestone reflects holistic safety programme involving staff and contractors.

REA Group strikes deal with China Datang on wind energy activities

Companies form JV to construct and develop wind farms, as well as manufacture wind turbine components.