Energy & Offshore

What will Sembcorp do with its $350m SembSita cash hoard?

It could pay out special dividends or make more acquisitions.

Singapore shipbrokers confirm China slowdown as fuel oil-tankers bank up

Fuel-oil ships moored off Malacca looking for buyers as China oil-rut deepens.

Shell unveils two new plants in Jurong Island

Petrochemicals production has more than doubled.

Will Singapore's rig builders ever recover?

Three catalysts could boost their prospects.

Keppel snaps up Cameron's offshore rigs segment for $140m

It will own the LeTourneau suite of jackup rig designs.