Trafigura divests stake in Russia’s Vostok Oil
The transaction included Trafigura’s 10% non-operational stake in Vostok Oil and the related non-recourse bank debt.
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China led Asia’s refinery CDU capacity
In Asia, 19 countries had active refineries.
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South Korea led Asia’s refinery condensate splitter units capacity
South Korea witnessed the highest capacity growth during 2016 to 2021, with an AAGR of 2.7%.
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China led Asia’s refining capacity growth during 2016 to 2021
Asia's refining capacity increased at an AAGR of 1.8% between 2016 and 2021.
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Keppel agrees to merge O&M unit with Sembcorp Marine
Keppel will own 56% of the combined entity while Sembcorp Marine’s shareholders will own a 44% stake.
Keppel O&M wins contracts valued at nearly $250m
Last November, Keppel Shipyard signed a Limited Notice to Proceed for a conversion project.
SBM Offshore’s Liza Unity awarded world’s first SUSTAIN notation
The Liza Unity FPSO has been recognised for its sustainable design, documentation, and operational procedures
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Keppel and Sembmarine in talks to merge offshore and marine units
The merged entity will be a listed company and Keppel will receive shares and a cash consideration of up to…
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