Energy & Offshore
Australia greenlights US$13.5b project to ship solar energy to Singapore
Australia greenlights US$13.5b project to ship solar energy to Singapore
The solar energy will be transported via a 4,300km subsea cable.
DBS grants $92m green loan for wind turbine farm project in China
The project will generate renewable energy to power 90,000 households.
Sembcorp inks deal to export green ammonia from India to Japan
Nippon Yusen Kabushiki Kaisha will facilitate the export.
ACEN, GenZero and Keppel join hands to catalyse retirement of coal-fired plants in Southeast Asia
The three companies have signed a Memorandum of Understanding (MOU) to jointly explore the origination and utilization of Transition Credits (TCs) to...
Singapore and the Philippines ink MOU on carbon credits
The parties will exchange best practices and knowledge of carbon markets.
Seatrium delivers fourth rig to Borr Drilling
It can drill to depths of up to 35,000 feet.
Keppel enters JV to boost Thailand’s cooling sector
By 2025, the JV will expand Keppel’s cooling-as-a-service design capacity in Thailand by 50%
Seatrium and NTU open new lab for marine energy innovation
The lab will research ammonia use in offshore and marine applications.
Yangzijiang Shipbldg’s H1 net profit soars 77.2% to $571m
Gross profit rose 65.1% to $626m.
Sembcorp suspends operations at Myanmar Power Plant due to civil unrest
This follows the escalating civil unrest in the region.
Singapore and Ghana enhance trade and carbon credit cooperation
MTI vowed to expedite the Singapore-Ghana Implementation Agreement.
Geo Energy’s revenue drops 29% in H1 2024
Net profit declined 2% to $35.5m (US$26.8m).
ST Telemedia GDC replaces conventional diesel with vegetable oil to power data centres
50,000 litres were initially deployed.
Geo Energy signs USD150m contract for integrated infrastructure development
The project will bring the company’s road haulage capacity to 40-50 million tonnes per year.
Sembcorp's net profit up 2% despite segment declines
Net profit after exceptional items (EI) was $540m.
Geo Energy acquires majority stake in coal infrastructure developer
A $13m integrated infrastructure project was also signed.
Singapore, US ink nuclear cooperation agreement
They have been collaborating on nuclear issues over the past decade.
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