integrated energy player

For the last half decade or so, Sembcorp Marine (Sembmarine) has been hit by declining revenue and several annual losses amid a severe slump in the oil industry. As a result, the consolidation of its weak performance has been a drag o

About two years ago, Sembcorp Indus­tries unveiled a bold, new strategy to reduce its dependency on the oil services industry. Its key focus was to expand its utilities business (now known as the energy business), and thereby, transf