krisenergy

Keppel to recognise S$318m impairment in H1 due to KrisEnergy exposure

KEPPEL Corporation on Tuesday said it will recognise a loss of S$318 million in respect of its exposure to KrisEnergy in its H1 2021 financial results, after the latter on June 4 said it has submitted...

KrisEnergy submits winding-up petition

KrisEnergy submits winding-up petition

TROUBLED oil and gas group KrisEnergy announced in a regulatory update late on Friday that it has submitted a winding-up petition to the Grand Court of the Cayman Islands.

KrisEnergy restructuring plan no longer viable as Apsara oil field shows 'disappointing' results

KrisEnergy restructuring plan no longer viable as Apsara oil field shows 'disappointing' results

THE CONTINUED "disappointing" results of KrisEnergy's Apsara oil field in Cambodian oil concession Block A means its restructuring plan is no longer viable, the troubled oil and gas group said in a bo...

Two KrisEnergy shareholders call for EGM over restructuring concerns

Two KrisEnergy shareholders call for EGM over restructuring concerns

TROUBLED oil and gas group KrisEnergy has received a requisition notice from two shareholders to convene an extraordinary general meeting (EGM), over concerns about the restructuring of the mainboard-...

Corporate digest

Corporate digest

ELECTRONICS services provider AEM Holdings on Monday said it received in-principle approval from the Singapore Exchange for the listing and quotation of new shares on Saturday, a pre-condition for its...

KrisEnergy creditors vote 'yes' on debt restructuring scheme

KrisEnergy creditors vote 'yes' on debt restructuring scheme

KRISENERGY creditors approved its debt restructuring in a court meeting on Thursday, the upstream oil-and-gas company announced in a bourse filing.

DBS, Keppel extend contract for KrisEnergy's revolving credit facility

DBS, Keppel extend contract for KrisEnergy's revolving credit facility

UPSTREAM oil and gas firm KrisEnergy, which is planning a debt restructuring, has extended the maturity of its revolving credit facility (RCF) from DBS by an initial six months to June 30, 2021.

Hun Sen hails extraction of Cambodia's 'first drop of oil'

Hun Sen hails extraction of Cambodia's 'first drop of oil'

CAMBODIAN premier Hun Sen announced on Tuesday that the kingdom had extracted its first drop of crude oil from its waters, a long-awaited milestone for one of South-east Asia's poorest nations.

Cambodia, KrisEnergy venture starts first crude oil production after years of delays

Cambodia, KrisEnergy venture starts first crude oil production after years of delays

[PHNOM PENH] Cambodia has begun extracting its first crude oil from fields in the Gulf of Thailand, in a venture between Singapore's KrisEnergy and the government, both parties said on Tuesday, bringi...