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Keppel and Seatrium end share arrangement
11 Apr 2025 04:00 GMT
Following this development, Keppel said it no longer has liability.
Keppel Ltd. and Seatrium Limited have agreed to terminate their segregated account arrangement.
In a bourse filing, Keppel said this arrangement with Seatrium is pursuant to the …
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Shell Taps Subsea7 To Install Sparta Production Unit
07 Apr 2025 23:00 GMT
Subsea7 won the contract to transport and install Shell’s Sparta floating production semisubmersible off the coast of Louisiana.
In its 4 April announcement, the company said that it would immediately begin project management and engineering activities at …
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Here are the biggest losers among Singapore stocks in Trump tariff sell-off
07 Apr 2025 05:14 GMT
Singapore’s Straits Times Index (STI) extended its losing streak on April 7.PHOTO: THE BUSINESS TIMES
SINGAPORE - Singapore’s Straits Times Index (STI) extended its losing streak on April 7, plunging more than 325 points, or 8.5 per cent, when trading …
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Keppel Offshore and Marine concludes Brazilian corruption case with $65m fine
20 Dec 2022 08:05 GMT
Keppel Offshore and Marine (KOM) has finally fully resolved …
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Sembcorp Marine Proposes Name Change Following Merger with Keppel Offshore & Marine
03 Apr 2023 15:52 GMT
April 3, 2023
©Sembmarine (File photo)
/AdobeStock
Singapore-based Sembcorp Marine said Monday it was proposing to change its name from “Sembcorp Marine Ltd” to “Seatrium Limited."
This follows the completion of the combination of the company' …
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Sembcorp Marine undertaking strategic review post Keppel Offshore & Marine acquisition
02 Mar 2023 11:17 GMT
Singapore’s Sembcorp Marine has embarked on an in-depth strategic review having on Tuesday completed the S$4.5 billion (US$3.34 billion) acquisition of compatriot and long-time rival Keppel Offshore & Marine, with results of the exercise expected in …
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Sembcorp Marine says integrating with Keppel Offshore & Marine is no easy task
28 Feb 2023 06:48 GMT
Singapore’s offshore and marine heavyweight Sembcorp Marine envisages major gains with synergies from integrating its business with that of compatriot Keppel Offshore & Marine, but also expects to experience challenges along the way. With the multi- …
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Sembcorp Marine says integrating with Keppel Offshore & Marine is no small task
28 Feb 2023 00:04 GMT
Singapore’s offshore and marine heavyweight Sembcorp Marine envisages challenges integrating its business with that of compatriot Keppel Offshore & Marine — a multi-billion dollar merger deal that is expected to complete today (28 February). “On …
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Sembcorp Marine, Keppel Offshore & Marine tie-up scheduled to complete on 28 February
17 Feb 2023 05:58 GMT
Sembcorp Marine’s multi-billion dollar takeover of Keppel Offshore & Marine, dubbed the proposed combination, which will create a Singapore mega-offshore and marine contractor, is expected to complete on 28 February — almost four months to the day that …
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It's a 'Yes': Sembcorp Marine shareholders approve $3.37 billion acquisition of Keppel Offshore & Marine
16 Feb 2023 10:36 GMT
Sembcorp Marine’s shareholders on Thursday morning local time voted resoundingly in favour of the Singapore contractor’s long-anticpated acquisition of compatriot Keppel Offshore & Marine. A total of 95.28% of the votes cast at the 16 virtual …
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