atans1

Go long Keppel and Semb Marine?

In Energy on 06/09/2018 at 6:03 am

Rig drilling Transocean has bid US$2.7bn deal for deepwater rival Ocean Rig.

Remember oil is now close to US$80, so oil drilling and services industry expects it will soon be able to raise the prices

Btw, Shell said last month that deepwater drillingwas making a comeback after the 2014 oil crash as falling costs and higher crude prices was making it competitive again.

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  1. You want an investment to write about how about the new cashless machines at NTUC. Hundreds of them, the tab is in the multi millions and for what? The ones they replaced were better than the new ones and the older (infants in terms of commercial machinery) were working fine. Who got the contract for the new inferior machines at NTUC? There is a snake somewhere involving multi millions,could be government connection? nephews company? Dig and ye shall find..

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