Stay updated with the latest news and articles about offshore oilfield.
In Singapore, Seatrium, a key offshore and marine player, was the STI's biggest loser, plummeting 11.3% to $1.49 despite reporting a profit of $36 million for the first half of the year, a reversal from its previous loss. This drop in Seatrium’s stock significantly contributed to the overall decline of the STI.
Luhut, a prominent figure in Indonesian politics with extensive experience in economic and maritime affairs, is expected to leverage his expertise to drive forward the task force's objectives. Under his leadership, the task force will work to overcome existing challenges in offshore oil and gas operations and capitalize on Indonesia’s vast underutilized resources.
China's inaugural eco-friendly offshore oilfield cluster commenced operations in Beibu Gulf, representing a milestone in sustainable energy.