Energy & Offshore
Sheffield Green unit explores potential acquisition of European energy company
Sheffield Green unit explores potential acquisition of European energy company
The total consideration for the purchase is $1.73m (EUR1m).
Rex Int'l records over 11,897 barrels of oil from Norway, Oman operations
Its Norwegian subsidiary contributed 9,743 barrels of oil equivalent per day.
Oiltek outlines proposed bonus issue in circular to shareholders
The bonus issue will be distributed on a two-for-one basis to existing shareholders.
Rex International unit signs rig contract with Borr Gerd
It will be used for a 120-day drilling campaign in Benin.
ASEAN’s clean electricity growth struggling to keep pace with rising demand
The region has a large untapped solar potential, exceeding 30,000 gigawatts.
Oiltek secures SGX approval to shift listing to Mainboard
The board also cautioned that there is no certainty the transfer or new constitution will be finalised.
SG, AU to fund eight maritime decarbonisation projects
A $20m joint initiative will support the selected projects.
Geo Energy inks road use agreement
It has also signed an MoU with key shareholder Resource Invest AG.
Industry told to brace for increased demand for offshore wind engineers
Floater designers will be needed under Singapore’s offshore energy plan.
Sheffield Green enters JV to open training centre in Malaysia
The group will own a 45% share in the JV company.
Oiltek plans 2 for 1 bonus share issue
It aims to reflect business growth and reward shareholders.
Rex International cuts losses to $67.7m in FY 2024
Higher revenue contributed to loss reduction.
Geo Energy's net profit drops 40% YoY in FY2024
The group’s revenue of $541.5m (US$401.9m) marked a 17.8% YoY decrease.
Over half of Singaporean businesses plan solar investments by 2030
This is partly driven by the need to reduce electricity-related emissions.
Everbright Water’s profit falls 14% in FY 2024
Basic earnings per share stood at $0.06 (HK$0.3564), falling 14% YoY.
Oiltek, KPI form JV to build sustainable fuel facility in Indonesia
The partners will explore alternative feedstocks to replace Crude Palm Oil (CPO)
BUDGET 2025: Singapore commits to explore nuclear energy viability
Authorities will reorganize to provide greater emphasis to this work, said Wong.
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