Energy & Offshore
Noble to hold August 27 meeting to approve restructuring
The meeting will also discuss the proposed disposal of vessels.
Potential India IPO could seal recovery for Sembcorp Industries
It could boost about $100m to $200m gains for the firm.
Noble raises New Trading Hold Co bonds to US$300m
The bonds will contain the debt of the holding company of New Noble's operator.
Daily Briefing: Singapore's tainted bunkers bolster inquiries for UAE's marine fuel; Hong Kong billionaire's firm eyeing to dual list in SGX
And Grab says fake-booking claims from Philippine rival ‘malicious'.
Noble hit by losses of up to US$140m in Q2
But supply chains income could give it a pre-tax profit of US$50m.
Here's why hyper-competitive auctions may harm Asia's wind power market
Government support may dwindle, a report warns.
Asia's insatiable investment appetite shows no signs of waning: Fitch
Despite lower profits and higher risks.
Sembcorp Marine's order pipeline could hit $3b in 2018
The biggest deal is an FPSO contract for Rosebank’s estimated to be worth US$2b.
Keppel O&M outlook buoyed by contract wins
The momentum for new orders that started in 2017 could continue in 2018.
Keppel O&M's revenue could slip to $2b in 2019
It needs to continue recovery from a declining trend in contract wins.
Keppel O&M suspends business with Viking O&M's entity amidst lawsuit
Viking Offshore is seeking sums over $5m for late construction of a project.
Noble buys additional 52.5% stake in East Energy Resources for $940,428
EER paid a debt worth US$21m to Noble.
Creditors loan Noble US$100m to fund coal and gas trade
It will also work on launching a UK scheme of arrangement after getting backed by 85% of debtors.
2 bondholders drop lawsuit against Noble
The trader is currently in “constructive discussions” with the two.
Goldilocks backs Noble's restructuring plan
They've also teamed up to faciliate Noble's Middle East expansion.
Noble runs into creditor trouble over restructuring deal
Some perpetual bondholders in the UK filed a lawsuit against the company.
Commentary
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