SINGAPORE (Jan 21): The offshore and marine (O&M) sector is kept at “market weight” by UOB Kay Hian, as analysis by the research house on the global oil and gas (O&G) sector and the global rig market indicated that while there have been some positive developments, a new rig-building upc...

SEMBCORP Marine has secured two offshore platform contracts worth more than S$550 million to fabricate platforms at two oil fields.

SINGAPORE (Dec 26): Capital goods – which are used in producing other goods, rather than being bought by consumers – are on the cusp of a “strong recovery” in earnings growth, market watchers say. CGS-CIMB Research and RHB Group Research both have “overweight” ratings on the capital goo...

SINGAPORE (Dec 24): Although macroeconomic uncertainties remain, RHB Research remains optimistic on a “broad-based earnings recovery” which will see all sectors report y-o-y earnings growth.  As such, the research house has highlighted six large cap stocks which it reckons could be key benefic...

SEMBCORP Marine (SembMarine) has secured two offshore platform contracts worth over S$550 million to carry out redevelopment work at two fields, it said in a bourse filing on Thursday.

SINGAPORE (Dec 26): Sembcorp Marine, the engineering solutions provider to the global offshore, marine and energy industries, has announced the win of two new offshore platform contracts worth over $550 million. The first contract will see SembMarine will team up with customer North Oil Company (NO...

SINGAPORE's sizeable offshore and marine (O&M) sector may not have lived up to the much-hyped recovery that many investors had expected this year following a prolonged slowdown since the oil slump in 2014 but its two major players - Keppel Corp and Sembcorp Marine - did pull the...

Submitted By:  Staff Reporter Case Study:  No Revenue has already surged 40% to $1.04b thanks to three projects. Sembcorp Marine’s floaters segment revenue we...

SINGAPORE (Nov 14): Following a wider net loss incurred by its listed subsidiary Sembcorp Marine, Sembcorp Industries announced a weak set of results for 3Q19 ended Sept 30. During the quarter, the company reported a 19% y-o-y decline in revenue to $2.45 billion, due to weaker revenue contributions...

DESPITE Sembcorp Marine's best efforts to manage expectations a few months ago, the offshore and marine giant still fell short of analysts' expectations on Wednesday and rattled investors after reporting a wider-than-expected loss of S$53 million in the third quarter from a S$30 mi...