Energy & Offshore
DNV launches wind propulsion practice at Singapore Maritime Week
DNV has introduced a new Recommended Practice (RP) to evaluate the performance of Wind-Assisted Propulsion Systems (WAPS) during Singapore Maritime Week. This initiative seeks to...
Geo Energy reports resilient profits with $37.3m net profit
Geo Energy Resources Limited has announced a net profit of US$37.3 million for the financial year 2024, alongside a final dividend of 0.4 Singapore cents...
Singapore firms plan solar investments amidst carbon concerns
A recent survey by Schneider Electric has revealed that over half of Singaporean companies are planning to invest in clean energy sources, with solar power...
Honeywell launches AI-driven Centre of Excellence in Singapore
Honeywell, in collaboration with the Singapore Economic Development Board (EDB), has announced the establishment of a Centre of Excellence in Singapore. This initiative, powered by...
Seatrium secures major jack-up rig contract
Seatrium Offshore Technology, a leading offshore jack-up designer, has been awarded a significant contract by International Maritime Industries (IMI), the largest shipyard in the Middle...
Singapore explores nuclear energy for clean power future
In a recent Budget speech, Prime Minister Lawrence Wong underscored Singapore's dedication to securing a clean energy future, with a focus on exploring nuclear energy...
Sabana Industrial REIT completes solar panel installations
Sabana Industrial Real Estate Investment Trust (REIT) has successfully completed the installation of solar panels across nine of its multi-tenanted properties in collaboration with Keppel...
Clime Capital invests in Ampotech for Southeast Asia expansion
Clime Capital, a Singapore-based fund manager dedicated to promoting low-carbon transitions, has announced its investment in Ampotech, a Singaporean energy management solutions provider. This strategic...
Seatrium secures contract for Japan’s largest wind vessel
Seatrium Limited has been awarded a significant contract by Japan-based Penta-Ocean Construction to engineer, procure, and construct a 5,000-tonne fully-revolving heavy lift vessel for the...
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