Energy & Offshore
Geopolitical shifts force climate investment overhaul in Asia
Climate investments in Asia are undergoing a significant transformation, driven by geopolitical factors rather than solely environmental ambitions, according to insights from Fullerton Fund Management....
Strategic Marine formalizes vessel delivery deal
Strategic Marine has signed the Protocol of Delivery and Acceptance (PODA) with Mainprize Offshore for the MO15 and MO16 vessels, marking a significant step in...
Express Powerr delivers RM2.4m profit for Q1 FY26
Express Powerr Solutions (M) Bhd has announced a net profit of RM2.4m for the first quarter of the financial year 2026, ending 31 March. Despite...
ASEAN energy market lags in BESS deployment
The Future Energy Storage & System Integration Alliance (FESSIA) has released a report emphasising the importance of monetising Battery Energy Storage Systems (BESS) to enhance...
BII commits $30m in high-stakes climate bid
British International Investment (BII), the UK's development finance institution, has pledged $30m to the Industrial Transformation Programme (ITP) under the Monetary Authority of Singapore's Financing...
Aster to double ethylene export capacity in Singapore with US$80m investment
Aster Chemicals and Energy has committed US$80m to expand its ethylene export capacity at the Bukom facility in Singapore. The project, which includes the installation...
Seatrium injects S$1.7m into NUS energy research
Seatrium Limited has announced a significant contribution of approximately S$1.7m to the Seatrium Professorship at the National University of Singapore College of Design and Engineering...
Nam Cheong profit jumps 160% on higher vessel utilisation and vessel sale
Nam Cheong Limited, Malaysia's leading Offshore Support Vessel (OSV) provider, has reported a significant 160% year-on-year increase in profit attributable to owners of the parent...
TotalEnergies secures funding for 30 MWac solar project
TotalEnergies, in collaboration with MK Land Holdings Berhad, has reached financial close and commenced construction on a 30 MWac solar power plant in Kulim, Kedah....
EI Power’s Q1 profit hits RM6m amid market pressures
EI Power Berhad, a power engineering solutions provider, has announced a profit after tax (PAT) of RM6m for the first quarter ending 31 March 2026....
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