Energy & Offshore
Noble Group finally completes restructuring plans
Noble Group finally completes restructuring plans
A total of $1.09b in new money debt is available to New Noble.
Effective date for Noble's restructuring pushed to 20 December
It was originally set for 19 December.
Daily Briefing: More than 30 en bloc sales failed to find buyers; Bermuda court approves Noble Group's restructuring
And work pass administrative fees will increase in April 2019.
Daily Briefing: Grab clinches US$150m from automaker Yamaha Motor Co.; Finnish biofuel producer Neste plans to inject $2.2b in Singapore's biofuel production
And energy savings firm Barghest Building Performance nabs $45m from investment firm KKR & Co.
China's robust crude appetite may be a boon for exporters in 2019
Crude oil imports surged 15% YoY to a record 42.7 million tonnes in November.
Noble Group secures bid extension for restructuring
It is eyeing for a hearing in a Bermudan court on 14 December.
Noble pushes for restructuring after authorities block re-listing
Authorities cited that New Noble’s net asset value could be adjusted downwards by 40-45% and disable investors to make informed choices.
Noble restructuring could get pushed to 11 December
It is making time for regulators’ probes into its reporting and accounting practices.
Authorities start probe on Noble's disclosure and accounting practices
Suspected breaches were found in its financial statements for 2012 to 2016.
Strong Asian demand may create global LNG deficit by 2022
The continent will account for two-thirds of the overall demand in the coming years.
Keppel O&M bags $30m upgrade contract from KrisEnergy
The production barge will be capable of processing up to 30,000 barrels of fluid per day by its completion.
Sembcorp to build 6.2MWp rooftop solar farm in Singapore
The panels are expected to power more than 1,500 four-room HDB flats for a year.
Indonesian coal producer drops lawsuit against Noble
It covered a breach of a technical services and management consulting agreement in 2015.
Singapore to pilot deployment of energy storage systems
ESS can prevent intermittency of renewable power sources and enhance grid stability.
Keppel Infrastructure's Basslink rejects operational disputes by Hydro Tasmania
Hydro Tasmania claimed that some of Basslink’s facilities did not meet operational requirements.
Keppel bags $111.11m contract for Australia's first waste-to-energy plant
The facility will be able to reduce 90% of the waste that goes to landfills.
Noble gives creditors instructions on restructuring claims
Creditors can risk participate in the US$625m new money debt.
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