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Offshore and Marine (O&M)
Offshore & Marine
Seatrium secures contact for offshore projects worth $500 mil
The platforms, upon their completion, will be operated by Equinor.
May 05, 2023
Offshore & Marine
Sembmarine shows recovery signs but is smaller now
Just as the orderbook is rising and business conditions are improving, Sembmarine will be merging with Keppel O&M
May 18, 2022
Broker's Calls
Keppel Corp still a 'buy' as O&M division plans to add headcount for first time in years
SINGAPORE (Apr 23): OCBC Investment Research is keeping its “buy” call on Keppel Corporation and raising its fair value estimate to $7.83, after the offshore and marine (O&M), property, infrastructure and asset management conglomerate turned in a set
April 23, 2019
Crude Oil
Oil prices expected to face volatility in near term
SINGAPORE (July 10): Phillip Securities Research says oil prices are expected to fluctuate widely in the near term as the oil market embraces higher volatility.
July 10, 2018
Broker's Calls
Smaller O&M players still face choppy waters ahead, says CIMB
SINGAPORE (Jan 12): Even as valuations for small- and mid-cap offshore and marine (O&M) companies are currently undemanding after significantly underperforming the benchmark Straits Times Index in 2017, CIMB Research says it is not yet time to hop on to t
January 12, 2018
Shareholders in Brazil demand Petrobras match US$3 bil US settlement
RIO DE JANEIRO (Jan 5): Brazilian shareholders of state-controlled Petroleo Brasileiro SA are petitioning a Brazilian court to be paid on similar terms as those given to US shareholders in a US$2.95 billion ($3.9 billion) settlement, a lawyer told Reuters
January 05, 2018
Startups, Entrepreneurs, Digital economy
Sembcorp Marine in joint industry collaboration to boost O&M sector
SINGAPORE (Nov 9): Sembcorp Marine, DNV GL, A*STAR’s Institute of Manufacturing Technology (SIMTech) and National Additive Manufacturing Innovation Cluster (NAMIC) today signed a memorandum of understanding (MoU) to boost Singapore’s offshore and mari
November 09, 2017
Keppel moots idea of repurposing offshore assets for fishy business
SINGAPORE (Sept 14): Keppel Corporation is looking into diversifying and repurposing its offshore technologies by introducing, among others, an offshore aquaculture facility.
September 14, 2017
Broker's Calls
These 2 O&M stocks are exposed to the Seadrill fallout. Which to buy?
SINGAPORE (Sept 14): CIMB Research is maintaining its “neutral” call on the local offshore & marine (O&M) sector after Seadrill filed for Chapter 11 restructuring in the US.
September 14, 2017