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KrisEnergy sees big growth in sales next year

Published Tue, Oct 28, 2014 · 09:50 PM

Singapore

KRISENERGY Ltd expects sales to grow "considerably" next year as the energy-exploration company quadruples oil and gas output in South-east Asia.

The Singapore-based KrisEnergy projects its production to almost double to the equivalent of 15,000 barrels a day in 2015, up from 8,000 now, executive director Richard Lorentz said. The company expects that figure to reach 35,000 by 2017 as new fields come online.

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Companies & Markets

Companies & Markets

KrisEnergy sees big growth in sales next year

Companies & Markets

Meituan to debut in Riyadh as expansion beyond China quickens

Mapletree Industrial Trust to distribute S$13 million of divestment gains over next 4 quarters

K-pop agency Hybe’s internal strife wipes out 1.2 trillion won

Beijing city to subsidise domestic AI chips, targets self-reliance by 2027

Hong Kong bourse regains favour on hopes of a market revival

Chinese sellers go to TikTok school to reach buyers abroad

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