Energy & Offshore
Keppel Infrastructure Trust's distributable income falls in 2024
Keppel Infrastructure Trust's distributable income falls in 2024
Its distribution and storage segment saw a 35.6% decrease.
Seatrium to build 5,000-tonne heavy lift vessel in Japan
The project will mark Seatrium’s entry into the Japanese offshore wind market.
Sembcorp plugs in 18MWp solar farm at PSA’s Keppel Terminal
It is the first short-term mobile solar project at the terminal.
Sembcorp to set up green hydrogen plant, industrial park in Odisha, India
The company signed MOUs with the government of Odisha.
Rex Int'l records over 13,000 barrels of oil from Norway, Oman operations
Its Norwegian subsidiary contributed 10,571 barrels of oil equivalent per day.
GE Vernova eyes $27.2m gas turbine investment in Singapore
It will leverage artificial intelligence and hire over 100 technical roles.
Geo Energy’s $200m project bags insurance backing from SINOSURE
The insurance coverage will support the development of Geo Energy’s Integrated Infrastructure.
Sembcorp completes tests for Manah II Solar Project
It is Sembcorp’s first greenfield renewable development in the Middle East.
Seatrium, BP Exploration to develop Kaskida project in Gulf of Mexico
The Kaskida FPU is expected to produce 80,000 barrels of crude oil per day from six wells in the first phase of development.
Shell shuts down Pulau Bukom unit to investigate leak
The company estimated that a few tonnes of the refined oil products were leaked.
Wesfarmers to sell Coregas to Nippon Sanso for $653m
The sale is expected to be completed by mid-2025.
XMH Holdings' profit surges by 95% to $12.6m in H1 2024
Its revenue stood at approximately $66.9m, reflecting a 5.8% decline.
Everbright Water to buy electricity from Everbright Greentech Services
Everbright Greentech must supply electricity 181 million kilo-watts per year.
Continuum Green Energy launches IPO in India at $0.16 per share
The total aggregate value of equity shares stood at $577m (INR36.5b).
Rex Int. records 10,160 barrels per day from Norway and Oman in November
Brage and Yme fields contributed 7,493 boepd; whilst Yumna field contributed 2,667 stb/d.
Cambridge CARES leads two decarbonisation projects with SG universities
The projects will investigate non-fossil fuel-based pathways.
Commentary
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When it comes to AI, there is no such thing as too many chefs
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