OFFSHORE BUSINESS GROWTH
RZ. Yard expansion appears to be high on the business agenda for a few offshore companies in Singapore, including Sembcorp Marine Ltd., one of the country's biggest two players in the sector, as they equipped themselves to tap a larger slice of business opportunities in Asia and beyond.
The expansion seems timely as the global oil and gas industry is expected to boost capital expenditure on exploration and production (E&P) this year to $723 billion, 6.1 percent higher than last year's $682 billion, Barclay Banks said in a Dec. 9, 2013 equity research report.
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.