Contracts

Yongnam announces 5 contract wins worth $121 mil in total
SINGAPORE (May 16): Structural steel contractor and specialist civil engineering solutions provider Yongnam Holdings has secured five contracts in Singapore, Hong Kong and India worth a total of $120.8 million. The contracts are expected to provide a significant boost to Yongnam’s order book, which stood at $327 million as at Mar 31, 2019. Three of the contracts are for specialist civil ...
Keppel wins contract for two offshore wind farm substations from Ørsted
SINGAPORE (May 13): Keppel Offshore & Marine’s (Keppel O&M) wholly-owned subsidiary Keppel FELS has secured a contract from Danish renewable energy company Ørsted for two offshore wind farm substations worth more than $150 million. The contract comprises detailed engineering, procurement, construction, testing and commissioning for two offshore wind farm 600MW substations but ...
SembMarine reports 68% lower 1Q earnings; says O&M outlook continues to improve
SINGAPORE (May 3): Sembcorp Marine reported earnings of $1.7 million for 1Q19 ended March, down 67.8% compared to earnings of $5.3 million a year ago. In 1Q19, group revenue totalled $811 million, down 31.3% from $1.18 billion booked in 1Q18. The decline was largely due to lower revenue from rigs and floaters and offshore platform projects, partially offset by higher revenue from repairs and ...
Sunpower wins $49 mil contract from repeat customer CHN Energy
SINGAPORE (Apr 29): Sunpower Group has won a RMB242 million ($48.9 million) Manufacturing and Services (M&S) contract from Shenhua Yulin Energy Chemical Co, a subsidiary of China Energy Investment Co. Sunpower is an environmental protection solutions specialist with an edge in anti-pollution investment projects that generate long-term intrinsic value in the form of recurring income and ...
KSH announces $55.4 mil construction contract win
SINGAPORE (Apr 26): KSH Holdings announced Friday that wholly–owned subsidiary Kim Seng Heng Engineering Construction has been awarded a construction contract worth more than $55.4 million. The new contract is expected to commence in May 2019, and expected to be completed by December 2020. The latest contract win brings KSH’s construction order book in Singapore to more than $486.0 ...
ST Engineering wins US Navy $1 bil contract to build icebreaking cutter
SINGAPORE (Apr 24): ST Engineering has won a contract from the US Department to build a polar icebreaking cutter through its US-based shipbuilder VT Halter Marine. Under the contract, VT Halter Marine will be the prime contractor for the US$746 million ($1 billion) fixed-price incentive-firm contract to design and construction of the US Coast Guard (USCG) Polar Security Cutter (PSC). The ...
Tritech awarded $7.1 mil PUB contract
SINGAPORE (April 22): Tritech Group has been awarded a $7.125 million contract from the Public Utilities Board (PUB) to conduct Deep Tunnel Sewage System (DTSS) Phase 2 Project – Link Sewers. Under the terms of the contract, Tritech will provide instrumentation and monitoring works for the project from June 3, 2019. This includes installing and removing monitoring equipment other than in ...
Keppel wins integration and upgrading contracts worth up to $160 mil
SINGAPORE (Apr 17): Keppel Offshore & Marine (Keppel O&M) has secured integration and upgrading contracts worth a combined value of about $160 million through its wholly-owned subsidiaries. The first contract is between Keppel Shipyard and a leading operator of oil and gas production vessels for fabrication and integration work on a Floating Production Storage and Offloading (FPSO) ...
MeGroup awarded Hyundai dealership in Malaysia
SINGAPORE (Apr 16): Catalist-listed MeGroup has been appointed official distributor of Hyundai automobiles in Malaysia by Hyundai-Sime Darby Motors Sdn Bhd. In its Tuesday filing, MeGroup will be able to operate a Hyundai 3S automobile dealership Bandar Bukit Raja in Klang, Selangor, with the award. Slated to be fully operational in the second half of the calendar year, the dealership will ...
Keppel Infrastructure-led consortium secures $52.5 mil Jurong Island pipelines project
SINGAPORE (Apr 16): Keppel Infrastructure’s wholly-owned subsidiary, Pipenet, as a lead consortium partner together with Asia Projects Engineering, has secured a $52.5 million contract to design and build two 48in crude oil pipelines and ancillary facilities along parts of Banyan Drive, Banyan Avenue and the Jurong Island Highway that will facilitate pipeline connection to the Jurong Rock ...