offshore and marine

Broker's Calls

UOB Kay Hian, noting 'stronger' offshore and marine dynamics, keeps 'buy' call on Seatrium

'In the near term, the key re-rating catalyst is the completion of the investigation by the MAS/CAD,' says UOB Kay Hian's Adrian Loh

Offshore & Marine

Electric blue runs in Seatrium's veins

'Seatrium is at the start of its growth,' says CEO Chris Ong

SGX Research Series: 10 in 10

Mermaid Maritime rides on trends in offshore oil and gas, shift towards renewables

Shareholders can anticipate several positive developments from Mermaid Maritime in the near to medium term

kopi-C: the Company brew

We went from near-bankruptcy to having a record order book: Dyna-Mac’s CEO

To save the business, Lim took a different approach to customers and contracts.

Broker's Calls

OCBC reiterates 'buy' on Dyna-Mac, sees recent drop a 'buying opportunity'

The long-term fundamentals for the offshore oil and gas (O&G) industry remain sound.

SGX Research Series: 10 in 10

Marco Polo Marine voyages into a sustainable future

Marco Polo Marine successfully weathered the O&G crisis in 2017

Offshore & Marine

Atlantic Navigation Holdings acquires marine vessel for US$5.5 mil

As at April 30, the group has 19 vessels with an average age of around 7.8 years in its fleet.

Contracts

Keppel delivers first of three rigs originally built for Borr Drilling to ADNOC, collects payment of US$160 mil

Keppel expects to receive at least US$352 million for all three rigs between 2022 and 2023

Contracts

Keppel cancels contracts worth more than US$500 mil

Keppel maintains its right to sell the vessels.

Just when you thought Singapore’s O&G woes were over, they’ve surfaced again

SINGAPORE (March 21): Maybank Kim Eng Research believes profits for all three of Singapore’s main banks may fall by 3-8% this FY17E, given the estimated $217-748 million of total claims and borrowings to the beleaguered oilfield services firm, Ezra Hold
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