Energy & Offshore

Energy sector to lead 2025 bonuses with firms pledging one month or more

Energy sector to lead 2025 bonuses with firms pledging one month or more

It is followed by the transport, logistics, and automotive sector (98%) and the communication services sector (94%).

Singapore told not to be a test bed for small modular reactors

There are other power sources that are easier and cheaper to deploy, experts said.

Seatrium and Cochin Shipyard ink MoU for jack-up rigs solutions in India

The collaboration aims to capitalise on Mobile Offshore Drilling Units (MODUs).

Mooreast appoints Eirik Ellingsen as CEO

He will replace Mooreast Founder, Sim Koon Lam.

SEAS, KPMG launch AI-powered decarbonisation platform for businesses

The platform will support funding and solutions for decarbonisation projects.

Rex International records 10,027 barrels per day from Norway and Oman in October

Brage and Yme fields contributed 7,637 boepd; whilst Yumna field contributed 2,555 stb/d.

Seatrium delivers final rig to Borr Drilling

It can drill to depths of up to 35,000 feet.

Tuan Sing Holdings subsidiary to apply for mixed-use redevelopment in Melbourne

The project plans to transform part of the property for high-end retail and F&B.

Sheffield Green opens training centre for offshore wind power in Taiwan

The training centre is located at Machohou Industrial Park in Chiayi County.

Geo Energy Resources’ Q3 net profit dwindles 39% to $9.3m

The decline was due to lower sales and selling prices as well as finance costs from loans.

Singapore commits US$500M for Asia-wide decarbonization efforts

The fund will be used to raise US$5b to support green transition in Asia.

Singapore to collaborate with Indonesia on energy and food security

The parties will particularly work on clean energy and sustainability.

AsiaPhos expects Q3 and 9M 2024 recovery

The sale of subsidiaries helped push AsiaPhos toward a rebound.

Falcon Energy Group to delist on 15 November

Deloitte & Touche LLP were appointed as liquidators.

KIT and MPIC to sell 100% stake in PCSPC for $598m

The parties will sell their shares to affiliates of I Squared Capital.