Energy & Offshore

Ezra buys US$250mln fabrication facility in Houston

Well-equipped 650,000 sq.ft. yard in the US allows the company to expand engineering activities in the West.

Ezra buys US$250mln fabrication facility in Houston

Well-equipped 650,000 sq.ft. yard in the US allows the company to expand engineering activities in the West.

Swiber's 3Q gross profit surges 79.9% to US$26.5m

The offshore construction services provider reported a 27.5% increase in revenue to US$122.4, taking into consideration the contributions arising...

SGX listing benefits Kreuz Holdings; 3Q revenue jumps 6%

The subsea solutions company raked in US$13.6m for the quarter while its gross profit margin doubled to 34.9%.

Hiap Seng first half profit down 34.6% to S$10.2mln

The group still has strong balance sheet with cash and cash equivalents of S$52.9mln despite incurring higher cost in executing projects.

Island Power proceeds construction of S$1.2bln power plant

Work on 800MW plant has started while SP PowerAssets will build interconnection to enable Island Power to export power to the Transmission Network.

Rotary Engineering posts record revenues of S$544.7m for 3Q10

The EPCM company’s income exceeded last year’s figure of S$404.9m by 35% and turned in profit after tax of S$37.8 million, up 35% from S$28.1 million...

Carbon reduction – can it be that simple?

Buildings responsible for at least 40% of the world’s greenhouse gas emissions can implement some simple tried-and-tested actions—some costing less...

Singapore at the forefront of smart energy economy

Experts urge Singapore to keep open to nuclear energy as policy uncertainties worldwide cast doubt on the pace of energy investments.

Singapore taps ST Electronics and Accenture for its intelligent energy project

The initiative will test and evaluate new applications and technologies aimed to deploy a smart grid throughout Singapore.

Keppel Merlimau Cogen starts 800 MW expansion

The company’s S$900mln investment in the project will boost its generation capacity to 1,300 MW.

PowerSeraya opens 800MW Co-Generation Combined Cycle Plant

Completion of S$800million facility strengthens competitiveness of Jurong Island as Singapore’s petrochemical hub.

Keppel seals S$341mln deal for UK energy-from-waste project

Runcorn plants to have capacity to treat 750,000 tonnes of waste yearly and generate 70MW electricity.

Kreuz secures US$7.6mln contract for subsea installation

Deal to be added to company's US$132mln order book attributed to aggressive marketing and bidding.

PPL Shipyard to build US$364mln 2 jack-up rigs

Deal with options another 3 jack-up rigs from Atwood Oceanics reaffirms confidence in market.

Keppel FELS secures US$101mln contracts for drilling rigs

Completion of Saipem S.p.A’s Scarabeo 9 and upgrading of Ensco plc’s ENSCO 7500 affirms company’s competency.

Falcon Energy proposes 1-for-5 warrants issue

Company is expected to raise S$16.1mln for capital structure expansion and preparation for further growth.

PEC 2010 full-year profit up 96% to S$48.2mln

Jurong Island developments and growth prospects in Asia, Europe and the Middle East, presented opportunities.