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Keppel Corp says Keppel O&M's headcount at about 16,000

10:08am BST

Oct 19 (Reuters) - Keppel Corporation Ltd ::‍"There appears to be growing optimism on a nascent recovery in offshore market​".Keppel O&M's headcount now stands at about 16,000, compared to more than 36,000 at start of 2015​."Keppel O&M has secured contracts of slightly more than S$1 billion, year to date"​.‍"Keppel land has made divestments totalling s$400 million this year"​.Expects profit from some 6,330 units of overseas homes sold to be recognised upon completion from 4Q 2017 through to 2019​.

Keppel Corporation's Q3 net profit S$291 mln, up 29 pct

10:08am BST

Oct 19 (Reuters) - Keppel Corporation Ltd -:No ‍dividend recommended for current financial period​.Qtrly revenue S$‍1.617​ billion versus S$1.46 billion.‍For 3q 2017, group net profit was S$291 million, 29% higher​.‍Offshore & Marine division has been rightsizing its operations for what is expected to be an extended slowdown​.

Bergen Group main shareholders propose Hans Petter Eikeland as new chairman of board

Monday, 16 Oct 2017

Oct 16 (Reuters) - BERGEN GROUP ASA ::‍TOR LARS ONARHEIM HAS ANNOUNCED THAT HE WILL RESIGN AS CHAIRMAN AND BOARD MEMBER OF BERGEN GROUP ​.MAIN SHAREHOLDERS ‍PROPOSE HANS PETTER EIKELAND TO BE ELECTED AS NEW CHAIRMAN OF BOARD​.

India's Reliance Naval & Engineering Sept-qtr loss widens

Friday, 13 Oct 2017

Oct 13 (Reuters) - Reliance Naval And Engineering Ltd :Sept quarter loss 1.51 billion rupees versus loss of 1.16 billion rupees year ago.Sept quarter revenue from operations 832.9 million rupees versus 986.5 million rupees rupees year ago.Says approves rights issue of up to 15 billion rupees ‍​.

Borr raises $650 mln in share issue, proceeds with Sembcorp rig deal

Monday, 9 Oct 2017

Oct 9 (Reuters) - Borr Drilling Ltd :Successful completion of equity offering through subscription and allocation of 162,500,000 new shares at a subscription price of usd 4.00 per share, raising gross proceeds of usd 650 million.‍equity offering was substantially oversubscribed. Borr drilling and Sembcorp unit PPL will proceed with sale and purchase of nine jack-up rigs nL4N1MK097nFWN1MJ00X.ABG Sundal Collier ASA, Clarksons Platou Securities AS, DNB Markets, a part of DNB Bank ASA, Fearnley Securities AS, Pareto Securities AS, Skandinaviska Enskilda Banken AB and Sparebank 1 Markets AS acted as Joint Lead Managers and Bookrunners for the Equity Offering.Schlumberger Oilfield Holdings Limited and companies associated with Mr Tor Olav Troeim have, based on pre- subscription agreements, been allocated a participation in the Equity Offering in the amount of USD 50 million and USD 25 million, respectively.

Sembcorp Marine says conditions for unit's sale of jackup drilling rigs fulfilled

Monday, 9 Oct 2017

Oct 9 (Reuters) - Sembcorp Marine Ltd ::Conditions precedent for agreements to be effective of sale by unit of nine pacific class 400 jackup drilling rigs have been fulfilled.Parties will proceed with sale and purchase of rigs​.

Keppel Corp secures FPSO conversion project from SBM Offshore

Thursday, 5 Oct 2017

Oct 5 (Reuters) - Keppel Corporation Limited ::Keppel secures major FPSO conversion project from SBM Offshore.Contract not expected to have material impact on EPS of co for current financial year​.

EU's Moscovici says hopes Italy, France will find solution for Fincantieri-STX deal

Saturday, 2 Sep 2017

Sept 2 (Reuters) - Fincantieri Spa ::European Commissioner for Economic and Financial Affairs Pierre Moscovici says hopes Italy and France will find a solution for Fincantieri's purchase of STX shipyards.

Austal says it is negotiating the potential sale of a catamaran to Fjord Line

Sunday, 20 Aug 2017

Aug 21 (Reuters) - Austal Ltd :Asx alert-commercial ferry contract speculation-asb.ax.Is currently in discussions with Fjord Line AS, a commercial ferry company in norway.Fjord line has made a public statement concerning its purchase of a vessel to be built by austal.Is negotiating potential sale of a 109 metre ropax catamaran to fjord line.Contract will be valued at over $100 million.

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