Energy & Offshore
Oiltek applies to transfer to SGX Mainboard
Oiltek applies to transfer to SGX Mainboard
The company has been listed on the Catalyst board since 2022.
Marco Polo Marine’s Q1 2025 revenue drops 11% YoY
The group expects better performance in H2 2025 as recent investments yield returns.
Oiltek’s FY2024 net profit soars 55% to $9m
Earnings per share stood at $0.0629.
Sabana Industrial REIT completes solar project with Keppel EaaS
The project installed solar panels on nine of the REIT’s properties.
Keppel Infrastructure Trust's distributable income falls in 2024
Its distribution and storage segment saw a 35.6% decrease.
Seatrium to build 5,000-tonne heavy lift vessel in Japan
The project will mark Seatrium’s entry into the Japanese offshore wind market.
Sembcorp plugs in 18MWp solar farm at PSA’s Keppel Terminal
It is the first short-term mobile solar project at the terminal.
Sembcorp to set up green hydrogen plant, industrial park in Odisha, India
The company signed MOUs with the government of Odisha.
Rex Int'l records over 13,000 barrels of oil from Norway, Oman operations
Its Norwegian subsidiary contributed 10,571 barrels of oil equivalent per day.
GE Vernova eyes $27.2m gas turbine investment in Singapore
It will leverage artificial intelligence and hire over 100 technical roles.
Geo Energy’s $200m project bags insurance backing from SINOSURE
The insurance coverage will support the development of Geo Energy’s Integrated Infrastructure.
Sembcorp completes tests for Manah II Solar Project
It is Sembcorp’s first greenfield renewable development in the Middle East.
Seatrium, BP Exploration to develop Kaskida project in Gulf of Mexico
The Kaskida FPU is expected to produce 80,000 barrels of crude oil per day from six wells in the first phase of development.
Shell shuts down Pulau Bukom unit to investigate leak
The company estimated that a few tonnes of the refined oil products were leaked.
Wesfarmers to sell Coregas to Nippon Sanso for $653m
The sale is expected to be completed by mid-2025.
XMH Holdings' profit surges by 95% to $12.6m in H1 2024
Its revenue stood at approximately $66.9m, reflecting a 5.8% decline.
Commentary
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