Renewable energy developer Quantum Power Asia agreed to advance a potential $5 billion plan to export electricity generated from solar in Indonesia to Singapore as the city-state attempts to accelerate its use of renewables and cut its reliance on imported liquefied natural gas (LNG).
Singapore yard Keppel Offshore & Marine (Keppel O&M) is terminating jack-up rig construction contracts signed with an affiliate of Clearwater Capital Partners, and Fecon International, in October 2013 and February 2014, respectively. Significantly, the yard will keep the drilling units and is exploring the sale and charter of the rigs.
A multi-national partnership aims to establish what could be the first green e-methanol plant in Southeast Asia. The partnership, which includes Thailand’s PTT Exploration & Production (PTTEP), aims to establish Asia’s first green e-methanol plant which converts captured biogenic carbon dioxide (CO2) into green e-methanol, a low carbon fuel.
JERA, the world’s largest buyer of liquefied natural gas (LNG), has established a new subsidiary JERA LNG Portfolio Strategy in Singapore, which offers a strategic base to maximise the value of JERA’s LNG portfolio.
An agreement on the proposed merger between Singapore shipyard giants Keppel Offshore & Marine (Keppel O&M) and Sembcorp Marine should be struck by the end of April 2022. However, while significant progress has been made in advancing the deal that would create a mega-yard group, the pair said yesterday there “is no guarantee that definitive agreements will be executed.”
Two workers died this week in an accident at a shipyard run by Singapore’s Keppel Corporation (SGX:BN4). The Bangladeshi men, aged 30 and 42, were reported to have fallen from a vessel in dry dock at a Tuas shipyard and were pronounced dead at the scene by paramedics.
Shipbuilding company Sembcorp Marine has been picked to construct a “next generation” wind turbine installation vessel (WTIV).
Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard), has been awarded contracts worth around S$250 million ($186 million) for the conversion of a Floating Storage and Regasification Unit (FSRU), integration of a Floating Production Storage and Offloading (FPSO) vessel, and the enlargement of two Trailing Suction Hopper Dredgers (TSHD).
Tributes have been paid to John Westwood, founder of the namesake energy market analytics firm, who has died aged 76.
The Johan Castberg production vessel is to set sail for Norway next month after it left the dock in Singapore.
Singapore’s Sembcorp Marine said it has successfully completed the Vito regional production facility (RPF) for Shell that will operate in the US Gulf of Mexico.
FueLNG, a bunkering joint venture between Keppel O&M and Anglo-Dutch major Shell, is driving the adoption of liquefied natural gas (LNG) in Singapore with over 460 operations carried out in 2021, comprising ship-to-ship (STS) and truck-to-ship bunkering, and truck-to-industry operations. FueLNG will also start servicing BHP. This will help bolster Singapore’s efforts to establish itself as a global LNG bunkering hub.
Singapore’s Pavilion Energy will supply 0.5 million tonnes per year (t/y) of liquefied natural gas (LNG) to China’s Zhejiang Hangjiaxin Clean Energy as the Southeast Asian city state aims to become a regional LNG trading hub.
Borr Drilling has reached agreements with its largest creditors, the Singaporean yards, to refinance and defer a combined $1.4 billion debt maturities and delivery instalments from 2023 to 2025.
Australia’s Woodside (ASX:WPL) is studying the technical and commercial feasibility of a liquid hydrogen supply chain from Western Australia to Singapore and potentially Japan.
Singapore’s Sembcorp Marine (SGX:S51) will perform module assembly for the second liquefied natural gas (LNG) train to be built at Woodside’s Pluto development in Australia following a contract award from engineering company Bechtel.
Singapore LNG (SLNG) and Linde have signed a memorandum of understanding to collaboratively explore the feasibility and development of a carbon dioxide (CO2) liquefaction and storage facility in what could be a first in Asia.
Singapore’s Keppel Offshore & Marine (Keppel O&M) has signed a global framework agreement with giant offshore wind developer Orsted to potentially undertake future offshore substation (OSS) projects.
Keppel Offshore & Marine has been awarded work for the conversion of a floating storage and regasification unit (FSRU) and the integration of a floating production storage and offloading vessel (FPSO).
Shipbuilder Keppel FELS has demanded more than half a billion pounds from Awilco Drilling over the cancellation of two major oil rig orders.
Singapore is seeking proposals for up to a total of four gigawatts (GW) of low-carbon electricity imports by 2035 as part of the Southeast Asian city state’s efforts to decarbonise its power sector.
Singapore yard Sembcorp Marine expects to make “significant losses” in the second-half 2021 as a supply chain crunch and project delays bite.
French power company EDF Group (EPA:EDF) has signed a memorandum of understanding with Singapore government-owned utilities company SP Group to jointly develop a subsea transmission cable to enable renewable energy imports from Indonesia to Singapore.
Chiyoda, Mitsubishi, and Sembcorp Industries, have signed a memorandum of understanding to explore the feasibility of setting up a hydrogen supply chain in Singapore.
Singapore's international reputation as a trusted shipping and bunkering hub has been tarnished after nine members of a criminal syndicate were jailed for cheating buyers of marine fuel oil by using magnets to tamper with the mass flow meters on two bunker tankers.