Building & Engineering
Swiber achieves US$8.1mln profit on US$84.5mln revenue
Swiber achieves US$8.1mln profit on US$84.5mln revenue
Posts 21.2% gross margin, 9.6% net profit margin and US$839mln order book.
Koh Brothers' profit up 166% to $3mln
Revenue rose 39% to $84.8mln behind improved performance from the Group's Construction & Building Materials division.
Hai Leck profit up 11% to $10.0mln
Attributes growth of profit, revenue for 9 months to solid top-line growth and disciplined expense control.
OKP Holdings profit up 10% to $3.2mln
Group's construction segment maintained its position as highest contributor to group's $40mln revenue.
Sembcorp Marine profit up 24% to $148.8mln
Group expects profit growth to continue next year as outlook for global oil demand soars.
Rotary Engineering profit up 218% to $13.8mln
Company upbeat strong industry fundamentals and rising opportunities in Oil & Gas sector will sustain growth.
Jurong Shipyard to send offshore converted Ghana vessel
FPSO Kwame Nkrumah MV21 will leave for the Jubilee Field located offshore Ghana's western coast.
ST Engineering profit up 9% to $92.8mln
Order book soared to $11.8bln at end of March, $3.2bln to be delivered within next months.
Keppel AmFELS delivers first of four Rowan rigs
Rig delivered on time and within budget with zero incidents.
Solutia announces the acquisition of Novomatrix
Deal expands Solutia's reach in key emerging regions through Novomatrix's presence in Southeast Asia.
Swiber secures contract with South Asia oil operator
Tasks for its third contract in 2010 include engineering, procurement and laying of subsea pipelines.
Singapore's demand for professionals in engineering sector soars
More professionals retrenched during 2009 economic downturn were rehired in the beginning of 2010.
Keppel marine arm to acquire Brazilian shipbuilding yard
US$50mln Keppel Singmarine Brasil eyed to build an average of 8 vessels a year.
Tiong Woon completes CO2 removal project in Batam
1650-ton CO2 Removal Module was company's heaviest heavy haulage and load-out operations to date.
ST Engineering's marine arm obtains upgrade and maintenance contracts
S$55mln contracts from Singapore Navy, New Zealand research agency, and Partnership Ltd secured by ST Marine.
ST Engineering's US shipyard to build two tugs
Contract valued over S$29mln will construct tugs over nest 16 months for Overseas Shipholding Group.
Safran Group awards second contract to Boustead Projects
Safran Electronics Asia tasked Boustead to design-build-and-lease its integrated factory and office facility covering 6,000 square-metres.
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