Energy & Offshore
Sembcorp Marine extends rig delivery to North Atlantic Drilling by three months
Sembcorp Marine extends rig delivery to North Atlantic Drilling by three months
The unit will remain at Jurong shipyard.
Jurong Port launches world’s largest port-based solar energy facility
It has an annual generation capability of 12 million kWh.
Swiber secures new projects in Qatar and SE Asia for US$215m
The deals bump its order book up to US$1.2b.
Is a cash call on the cards for beleaguered SembMarine?
Asset impairment could reach up to $633m.
Here's why the oil price rebound will not help distressed shipbuilders
Contract wins will remain few and far between.
Keppel denies charges in Petrobras-related lawsuit
The allegations are “baseless”, says Keppel.
Noble CEO resigns as group gears up to divest American energy business
Alireza will leave due to family reasons.
US-based investment firm files suit against Keppel, SembMarine for Brazil bribery scandal
The bidding process was rigged from the start, says EIG Management.
What is the future of Singapore's Shipping and Offshore sectors?
With the annual Singapore Maritime Week now a distant memory, it is worth reflecting on the health of the local Maritime sector. Agreed, 2016 hasn’t...
Keppel O&M inks joint venture agreement with Russia’s top oil company
A design and engineering centre will be established.
Fitch slashes Noble’s credit rating to junk over shifting debt structure
It’s moving towards short-term financing.
Here’s why there’s still light at the end of the tunnel for Keppel
Its net gearing is well below peers’.
Noble Group's net profit tumbles 62% to US$40.5m in Q1
Blame it on weaker margins.
Vard bounces back to black with NOK37m net profit in Q1
On back of a huge forex gain.
Ezion’s net profit slips 62.2% to US$15.5m in Q1
Due to fewer projects, higher costs.
Keppel, Lloyd’s team up to upgrade semi-submersible designs
Improved safety and performance are key goals.
Noble's financial flexibility compromised as it loads up on short-term debt: Fitch
It will focus on short term debt to lower financing costs.
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