Search results for: singapore

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  • 4 March 2013
    Business & Finance

    Temasek, from Singapore, has acquired the treasury shares currently held by Repsol, amounting to 5.04% of the company’s stock. The agreement comprises the purchase of 64.7 million Repsol shares from the company’s treasury stock, at 16.01 euros per share, representing a 1.036 billion euro payment to Repsol. Together with existing share holdings in Repsol, Temasek […]

  • 5 March 2012
    Business & Finance

    Ezra Holdings Limited a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announces two further contract awards worth a total of  approximately US$131.5 million. Ezra’s fabrication division, recently rebranded as TRIYARDS, has been awarded a US$76.5 million contract to fabricate and deliver a self-elevating mobile […]

  • 25 August 2015

    The world’s biggest bunkering port Singapore has recorded a major fall in prices of heavy fuel oil closing in on ten-year lows from 2015. The nosedive in marine fuel prices follows suit of dwindling oil prices that stand at below $40 per barrel. Namely, Singapore 380 cst bunker fuel stood at $209 per metric tonne […]

  • 28 July 2016
    Business & Finance

    Singapore’s offshore services company Swiber Holdings has made an application to wind up the company following demands from creditors.  The company said it made an application to Singapore’s High Court on Wednesday, July 27, 2016, with the hearing set for August 19, 2016. Additionally, the company had also filed an application to place the company in […]

  • 18 July 2016
    Business & Finance

    Unique Group, an integrated subsea and offshore solution provider, has completed the acquisition of Oceanvision PTE and Oceanvision Equipment Services PTE. The acquisition was done through Unique’s subsidiary, Unique Maritime Group (SEA) PTE. Oceanvision will now be part of the Unique Group of companies and is the third acquisition that Unique has made in the […]

  • 25 August 2015

    The world’s biggest bunkering port Singapore has recorded a major fall in prices of heavy fuel oil closing in on ten-year lows from 2015. The nosedive in marine fuel prices follows suit of dwindling oil prices that stand at below $40 per barrel. Namely, Singapore 380 cst bunker fuel stood at $209 per metric tonne […]

  • 20 March 2017
    Business & Finance

    Singapore’s Ezra Holdings has filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code. The company, together wth its subsidiaries EMAS IT Solutions Pte Ltd and Ezra Marine Services Pte. Ltd, filed the petition on Saturday in order to facilitate the financial restructuring. Ezra explained that the filing is intended to optimize the […]

  • 1 July 2019
    Business & Finance

    MPA suspended the licence after an enforcement check on a bunker tanker operated by the company.