EDB sees bright prospects for oil & gas sector
Asia's demand for energy will fuel industry's rapid growth; S'pore-based firms well-placed to ride this
Add BT as a preferred source
Singapore
A SENIOR official of the Singapore Economic Development Board (EDB) has sounded an upbeat note on the prospects for the marine and offshore industry in Singapore, despite short-term global uncertainties and the volatility of oil prices.
Tan Kong Hwee, the EDB's deputy director of transport engineering, said this optimism is being largely driven by rising demand for energy, especially in emerging markets such as China, India and South-east Asia.
TRENDING NOW
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Real estate firm Ohmyhome’s journey over the past 10 years
Could Ohmyhome face Nasdaq delisting after selling its core unit for US$1? Experts weigh in
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
