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Offshore and Marine (O&M)
Broker's Calls

CGS International initiates coverage on Nam Cheong
CGS International value Nam Cheong at $1.87, representing a 68 cents or 57% upside from its Jan 30 closing price of $1.19.
5 days ago
Oil & Gas
Slew of announcements should buoy spirits of Rex International shareholders
The company has announced hydrocarbon discovery for Brage Field in Norway and the commencement of production for Seme Field in Benin.
5 days ago
Broker's Calls

DBS upgrades ‘undervalued gem’ Nam Cheong target price to $1.60
DBS increased its target price for Nam Cheong to $1.60 while reiterating is "buy" call.
8 days ago
Offshore & Marine

Seatrium is making ‘steady progress’ towards its 2028 targets, says CEO Chris Ong
For the 3QFY2025, Seatrium’s net order book stood at $16.6 billion which comprised 24 projects with deliveries extending through 2031. Citi's Luis Hilado has maintained his "buy" call and TP of $2.65.
November 13, 2025
Investing ideas

O&M players to gain from higher rates on demand
Year-to-date, average offshore rig utilisation, a proxy for oil and gas (O&G) production activity, remains high at 80% and is forecasted to reach 88% by 2028.
December 13, 2024
Delistings

Falcon Energy to delist on Nov 15
Shares in Falcon Energy last traded at 2.7 cents before it requested for a trading suspension on Oct 30.
November 01, 2024
Offshore & Marine

O&M players hitch a ride on offshore wind
The offshore wind industry has largely remained sheltered from global macroeconomic uncertainty as countries continue to pursue 2030 energy targets.
October 31, 2024
Company in the news

Mermaid Maritime’s COO: ‘The oil and gas industry remains vital’
Whiley says his background in the military has helped in planning Mermaid's movements.
August 15, 2024
Offshore & Marine

Marco Polo Marine: Anchoring in diversification
Marco Polo Marine has begun taking on more renewable energy projects, particularly in the offshore wind sector.
August 08, 2024
Offshore & Marine

Greener waters the way to go for Kim Heng
Kim Heng CEO Thomas Tan hopes that the company's continued performance will result in a better share price.
August 08, 2024









