Energy & Offshore
Bankruptcy risks on the rise for smaller offshore players
Bankruptcy risks on the rise for smaller offshore players
The sector is in for more pain if oil falls further.
Battered Ezion turns to buybacks after steep share price crash
Its CEO will further boost his stake.
Liu Lei joins CEFC International as executive director
He has been in oil trading business for 16 years.
Chart of the Day: An inside look at rig builders' dwindling order books
Over half of orders come from Petrobras.
Jurong Aromatics teeters on the brink of bankruptcy
It's in debt restructuring talks.
Swiber dives into the red with $6.4m loss in Q2
Due to dwindling contracts.
Keppel at risk of another sell-off as oil crashes to 14-year low
It’s also struggling with Tianjin woes.
Dyna-Mac struggled with first-ever loss in Q2
It reported a $3.1m loss.
Otto Marine narrows losses to $3.5m in Q2 by slashing salaries and headcount
Administrative expenses fell considerably.
Ezion’s net profit plunges 36.3% to $40.6m in Q2
Blame it on cancelled projects in Australia.
Swissco Holdings appoints Lim Ban Hoe as executive director
He is currently group director for Transport & Logistics & Natural Resources Group of International Enterprise (IE) Singapore with effect from January...
China Aviation Oil Singapore names Lin Wanli as director
He is currently general manager of China Railway Materials Group and chairman of China Railway Materials Company.
Pacific Radiance's net profit plunged 89% to $5.3m in Q2
The industry downturn is to blame.
Nam Cheong’s net profit plunged 83% to $3.7m in Q2
On back of lower shipbuilding revenue.
Chart of the Day: Rig builders in distress as order wins sink to six-year low
Total orders will be at a mere $5b this year.
More divestments on the cards for KepCorp as O&M prospects dim
Will it sell its stake in M1?
Keppel clinches conversion, repair contracts worth $125m
It will convert another FPSO for Bumi Armada.
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