OIL AND GAS SECTOR

Rex International has $98m war chest; plans to monetise Oman asset by end-2019

SINGAPORE - Oilfield services firm Rex International Holding on Monday (Aug 19) said it has a war chest of about US$70.8 million (S$98.1 million) comprising cash, cash equivalents and quoted...

Rex unit acquires 30% interest in two Norwegian Sea licences

SINGAPORE - Rex International's 90 per cent-owned subsidiary Lime Petroleum AS inked an agreement on June 21 with DEA Norge to acquire 30 per cent interest each in two drilling licences, PL838 and...

Singapore looking to tighten controls in marine fuels supply chain

SINGAPORE (REUTERS) - Singapore authorities are looking to apply stricter control measures across the marine fuels sector supply chain, a spokeswoman for the government agency Enterprise Singapore...

Ace investor Tan Chin Hwee can't resist pull of mentoring

You sit down to talk business with a champion investor like Mr Tan Chin Hwee and before you know it, he has guided the conversation to his favourite topic, mentoring.