36 Followers SGX:SK3 - KrisEnergy Ltd KrisEnergy
Sector: Energy, Industry: Oil & Gas Exploration & Production
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Keppel Corp to raise stake in KrisEnergy to 67.33 per cent

3 Nov 2016 - Business Times Breaking News
KEPPEL Corporation is planning to raise its stake in KrisEnergy to as high as 67.33 per cent through a preferential share offering, as it transfers its shares in the upstream oil and gas player from a wholly owned indirect subsidiary Devan International to Keppel Oil and Gas (KOG). KOG, also a wholly ...
sgx:sk3 sgx:bn4

Keppel to raise stake in KrisEnergy to 67.33%

3 Nov 2016 - Singapore Business Review
It will be done through a preferential share offering. Keppel Corp is raising its stake in KrisEnergy to up to 67.33% through a preferential share offering as it transfers its shares from a wholly owned indirect subsidiary Devan International to Keppel Oil and Gas (KOG). KrisEnergy has proposed non-renounceable ...
sgx:sk3 sgx:bn4

Here's why Keppel need not divest in the near term

21 Sep 2016 - Singapore Business Review
Realised losses could outweigh generated cash. MayBank KimEng assessed if Keppel needs more cash, whether it could sell non-core assets or take on more debt. It found out out that other than possibly selling M1 and the T27 data centre, it sees low odds of Keppel divesting traditional suspects near term. ...
sgx:lh4u sgx:sk3 sgx:bn4 sgx:ajbu sgx:cc3 sgx:b2f sgx:k71u sgx:z74

The 4 Ways Keppel Corporation Limited Makes Its Money

20 Sep 2016 - The Motley Fool Singapore
Keppel Corporation Limited (SGX: BN4) is a conglomerate with four major business segments, namely, Offshore & Marine, Property, Infrastructure, and Investments. Since the start of 2014, Keppel Corp’s stock price has declined significantly by over 50%. In the past six months alone, the company’s shares ...
sgx:sk3 sgx:bn4 sgx:b2f

The Week In Numbers: Singapore Airlines Flying On Cheap Oil

6 Feb 2016 - The Motley Fool Singapore
Try telling Singapore Airlines (SGX: C6L) that low oil prices are a bad thing. The award-winning Singapore flag carrier posted a 36% jump in third-quarter profits, thanks to plunging oil prices. Currently, oil prices are hovering around US$30 a barrel. But some “experts” believe that the price of oil ...
sgx:sk3 sgx:bn4 sgx:c6l sgx:ajbu sgx:b2f

Rig builders turn to major divestments to combat thinning funds

31 Jan 2016 - Singapore Business Review
Capital injection is necessary to stay afloat. With oil prices likely to stay low for longer, Singapore's two largest rig builders might have to sell some of their lucrative listed assets in order to ride out the downturn. A report by OCBC stated that major divestments will be the Keppel Corporation's ...
sgx:lh4u sgx:sk3 sgx:bn4 sgx:ajbu sgx:s51 sgx:k01 sgx:no4 sgx:u96 sgx:b2f sgx:k71u

KrisEnergy reports sharp growth in production and reserves

4 Jan 2016 - Singapore Business Review
Production rates more than doubled. Independent upstream oil and gas company KrisEnergy reported a sharp increase oil and gas production and preliminary reserve estimates for the year-end 2015. The group’s working interest production of oil and gas stood at 19,935 barrels of oil equivalent per day (boepd) ...
sgx:sk3

KrisEnergy kicks off Sakti well exploration

7 Dec 2015 - Singapore Business Review
Drilling will last about 20 days. KrisEnergy’s jack-up rig KS Java Star began drilling of the Mustika-1 exploration well in the company-operated contract Sakti-production sharing contract (PSC), according to a press release by the company. Drilling is expected to take around 20 days. Mustika-1 is aiming ...
sgx:sk3

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