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Offshore and Marine (O&M)
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O&M players to gain from higher rates on demand
Year-to-date, average offshore rig utilisation, a proxy for oil and gas (O&G) production activity, remains high at 80% and is forecasted to reach 88% by 2028.
December 13, 2024
Delistings
Falcon Energy to delist on Nov 15
Shares in Falcon Energy last traded at 2.7 cents before it requested for a trading suspension on Oct 30.
November 01, 2024
Offshore & Marine
O&M players hitch a ride on offshore wind
The offshore wind industry has largely remained sheltered from global macroeconomic uncertainty as countries continue to pursue 2030 energy targets.
October 31, 2024
Company in the news
Mermaid Maritime’s COO: ‘The oil and gas industry remains vital’
Whiley says his background in the military has helped in planning Mermaid's movements.
August 15, 2024
Offshore & Marine
Marco Polo Marine: Anchoring in diversification
Marco Polo Marine has begun taking on more renewable energy projects, particularly in the offshore wind sector.
August 08, 2024
Offshore & Marine
Greener waters the way to go for Kim Heng
Kim Heng CEO Thomas Tan hopes that the company's continued performance will result in a better share price.
August 08, 2024
Offshore & Marine
Mermaid Maritime hunts new opportunities in O&M space
Mermaid Maritime COO Paul Whiley sees the decommissioning of offshore oil rigs as a 'sunrise business' in the next 30 to 40 years.
August 08, 2024
Offshore & Marine
O&M industry: Floating on unstoppable oil
Offshore and marine companies have rallied with the stability of oil prices, but a clean energy future looks the way forward.
August 07, 2024
Offshore & Marine
Samudera Shipping navigates market volatility with higher productivity, efficiency
Amid the uncertain global situation and freight rates, CEO Bani believes that FY2024 will continue to be a “dynamic year”.
June 20, 2024
Delistings
Swiber Holdings receives nod from SGX-ST to delist
The SGX-ST’s decision is not an indication of the merits of the proposed delisting, says Swiber.
June 19, 2023