Energy & Offshore
Seatrium nabs FPSO topside integration deal for Guyana project
Seatrium nabs FPSO topside integration deal for Guyana project
The contract involves the installation of modules onboard FPSO Errea Wittu.
Keppel Infrastructure Trust’s income hit by distribution and storage segment setback
Distributable income fell 29.1% YoY to $50.9m in 1Q24.
Seatrium initiates $100m share buyback programme
The programme could take over a year to complete.
Seatrium, Shell partner on Floating Production Systems
The parties are pushing for standardisation and replication of FPS.
Seatrium awards crane contract to Norway's Motus
The crane will be for Equinor’s Empire Wind 1 Offshore Substation.
Mooreast wins anchor supply order for Eolmed project
The order marks Mooreast's 15th offshore wind-related project.
Lower costs push City Energy to cut gas tariff for households to $0.2312 per kWh
The new tariff will apply from 1 April to 30 June.
Sembcorp unit inks $74m revolving credit facility with DBS Hong Kong
The facility can be extended by two years.
Keppel, KIT propose 10-year extension on capacity trolling agreement for KMC Plant
The parties plan to extend the agreement until 2040.
Singapore charges 2 former Sembcorp Marine officials with corruption over alleged Brazil bribery
One of them was also charged with obstruction of justice.
Tighter energy standards for water heaters and refrigerators in 2025
The standards will take effect on 1 April 2025.
ACEN, Marubeni partners to develop an offshore wind project in Australia
The partnership is expected to invest $218.3 to the project.
Geo Energy's FY23 net profit drops 62% YoY
The company attributed the decline to its lower gross profit.
Pavilion Energy deploys 1st ship-to-ship LNG bunkering to Rio Tinto
It delivered 1,970 metric tonnes of LNG to a Rio Tinto-charted bulk carrier.
Sembcorp Industries’ net profit up 11% to $942m in FY2023
Net profit for gas and renewables segments rose.
Singapore expands energy efficiency grant
The government also identified two tiers of support under the grant.
Seatrium, GE Vernova to develop 3rd offshore wind project in the Netherlands
Works on the project will begin on 1 June 2024.
Read Here
Advertise
Sign Up
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape