Energy & Offshore
Geo Energy unit divests Indonesian coal assets for $23m
Geo Energy unit divests Indonesian coal assets for $23m
Upon completion, both SBJ and BEK will no longer be part of the Geo Energy group.
Sheffield Green acquires training services business in Spain
The acquisition is part of its geographical expansion.
Keppel Infrastructure Trust sells 24.62% stake in Ventura Motors for $109m
It will retain a 73.06% stake in Ventura after the sale.
Oiltek promotes its financial controller to CFO
Goh Chee Yong was recommended by the audit and risk committee and the CEO.
Regional grid may unlock 25GW in renewables: report
The regional grid strategy aims not only to decarbonise Singapore’s power sector but also shield it from volatile global gas prices.
RGE and TotalEnergies win licence to import solar power to SG
The deal involves the import of up to 1GW of solar energy from Indonesia to Singapore.
H2G Green taps Pek Hak Bin as its new CEO
His appointment will take effect on 1 June.
Rex Int'l records over 11,438 barrels of oil from Norway, Oman operations
Its Norwegian subsidiary contributed 9,442 barrels of oil equivalent per day.
Geo Energy’s income jumps 63% in Q1
Sales doubled during the same period.
Huawei, Keppel to boost solar and BESS adoption in Asia
They will develop energy technologies for specific projects.
Johor-Singapore ecozone needs stable marketplace for energy credits
This is expected to drive investment in cross-border electricity trade.
GenZero join Mitsubishi, ACEN, and Keppel to explore Philippine coal transition
The partnership aims to evaluate the feasibility of leveraging Transition Credits.
Rex Int'l unit signs key contracts for Benin oil project
The Mobile Production Unit will be converted from a medium-sized drilling rig.
Mooreast completes MBM upgrade project off Gulf of Thailand
It expects to recognise approximately $8.8m in revenue from the project in the first half of 2025.
KIT posts 27.7% increase in distributable income for Q1
It was driven by new acquisitions and strategic capital recycling.
Oiltek bags new $18.4m contracts
The group’s current order book stands at $119.9m.
Singapore strengthens grid to balance demand, emissions goals
Authorities are prioritising grid resilience and energy imports.
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