Energy & Offshore
It’s all downhill from here for Singapore’s largest rig builders
It’s all downhill from here for Singapore’s largest rig builders
Big threats remain even if oil prices recover.
SembMarine takes Marco Polo spat to Singapore High Court
It wants to get paid for the cancelled rig.
SembMarine warns of 4Q net loss amid Marco Polo contract cancellation tussle
It blamed a tough operating environment for the loss.
Slugfest continues as Marco Polo takes rig fiasco with SembMarine to mediation stage
More cracks had allegedly been found.
Domestic fuel consumption to slow as construction, transport demand wanes
Weak transport and shipping sectors will compound the problem.
Here’s why the cancellation fiasco paints a bigger picture than just SembMarine vs. Marco Polo
The downturn is taking its toll on rig builders.
Avic bags $3m deal for world's first handysize bulk carrier
It will design two vessels.
Singapore oil players scrambling to avert catastrophic debt defaults
They’re wooing creditors to amend debt covenants.
Marco Polo sets sail on legal action against SembMarine on contract cancellation scuffle
It’s asking for a US$21.4m refund.
KrisEnergy gets government’s nod for Rossukon Production Area
This is its fifth producing field in the Gulf of Thailand.
PUB mulls installation of solar panels in reservoirs
Ten reservoirs will be reviewed.
How Nam Cheong turned from market darling to dreaded heartbreaker
Can it tide through the downturn?
Surprisingly dismal Q3 earnings point to choppier seas for offshore players
Experts are more bearish now.
Here’s why a takeover may be on the cards for Ezion
It’s incredibly cheap and attractive.
Linc Energy mulling sale of South Australian shale oil assets
It has already inked an MOU with a potential buyer.
Opportunistic private equity firms preying on bombed-out offshore players
Some listed firms might be forced to exit the market.
Could the Marco Polo scuffle trigger a dreary domino effect for SembMarine?
It’s the first formal cancellation for SMM.
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