Energy & Offshore
COSCO looks to offshore for its comeback
COSCO looks to offshore for its comeback
With its shipping segment in a major revenue slump, the firm will pin its hopes on higher margin offshore deals.
Sembcorp acquires power assets in China for US$85.5 million
The acquisition includes a 49% stake in four wind power assets and a coal-fired power plant.
Indonesia's energy subsidy a boon to public finance?
Reforms in fuel and electricity subsidies could free up funds for a much needed investment in physical and human capital.
Sembcorp opens its first energy-from-waste plant on Jurong Island
The S$34m woodchip-fuelled biomass steam production plant is capable of producing 20 tonnes per hour of process steam.
Keppel Energy enters gas sales agreement with Petronas
The contract value is estimated to be about US$2.2b.
JJSEA completes solar panel project in Tuas
The solar panels are projected to generate 154 MWh of electricity a year.
Energy Conservation Bill passes, poses new mandates
Industry and transport companies, for one, have to hire a dedicated manager to optimize energy use and efficiency.
Spike in oil price accelerates growth in Vietnam's motorcycle engine oil market
The country’s four biggest local brands Mekong Oil, Prolimex, Vilube and Mipec have grown substantially from 7 percent in 2010 to 11 percent in 2011...
New regulations for carbon management changing the game in Asia-Pacific?
Enterprises are still urged to invest in energy management tools despite tough opposition from the business community.
Higher electric demand lifts Sembcorp Industries
Its first quarter results will see robust revenues from its utilities business, says Phillip Securities.
Lower fuel prices on the horizon?
With impending elections in US and France, strategic oil reserves to be released as a political move to placate voters.
Mermaid Maritime Public's General Manager resigns
James McGhee Nico was in charge of managing and overseeing the day-to-day operations of the offshore tender rig drilling and accommodation barge...
Mermaid Maritime Public appoints Nathan Williams as Group Operations Director
Mr Williams is seen to contribute to the Company’s strategy of streamlining and enhancing the operations with his extensive experience in the...
Chemoil Energy's CFO and COO resigns
Mats Henrik Berglund was hired as CEO of Pacific Basin Shipping Ltd in Hong Kong.
Demand for “clean gas” to boost offshore marine growth in Asia
Hear the fishes clap their fins.
Why India's power sector reforms are not a cure-all
Sure new tariff guidelines could raise credit quality as early as two years, but other endemic problems remain unaddressed.
SBI Offshore appoints M.Sharifuz Zaman as Engineering Director
M.Sharifuz Zaman has over 20 years in the design and engineering of marine, on-shore and offshore projects.
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