Keppel O&M takes jack-up haircut, agrees to Saudi deal
Keppel Offshore & Marine (O&M) has signed up to provide two more jack-up rigs to ADES Saudi, under a contract worth $155 million for the builder.
Temasek
Temasek defends green goals after backing Singapore polluters
It might seem contradictory to invest in carbon-emitting polluters while pledging to be an eco-trailblazer, but that’s exactly what Singapore state investor Temasek Holdings, which owns shares in two of the world’s largest rig builders, is attempting to do.
Rig builders Keppel and Sembcorp confirm merger talks
Singaporean rig builders Keppel Corporation and Sembcorp Marine have confirmed they are in talks over a merger of their offshore and marine (O&M) businesses.
BlackRock and Temasek launch decarbonization investment partnership
BlackRock and Temasek have agreed to launch a series of investment funds focused on advancing decarbonization solutions to accelerate global efforts to achieve net zero by 2050.
Malaysia’s Tenaga bags foothold in Vietnam’s booming solar market
TNB Renewables, a subsidiary of Malaysian national electricity provider Tenaga Nasional Berhad (TNB), will buy a 39% share in five solar rooftop projects from Singapore’s Sunseap Group in Vietnam.