LONDON: Empyrean Energy, Conrad Asia Energy Ltd and Coro Energy Plc (together the “Mako Joint Venture partners”) have agreed a binding Gas Sales Agreement (“GSA”) for the sale and purchase of the export portion of natural gas from the Mako gas field with Sembcorp Gas Pte Ltd, a wholly-owned subsidiary of Sembcorp Industries Ltd, a…
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Sembcorp announces divestment completion of water business in Panama
SINGAPORE: Sembcorp Industries (Sembcorp) through its wholly-owned UK subsidiary Sembcorp Holdings Ltd, signed and completed a sale and purchase agreement to divest 100% of its stake in Sembcorp Investments Ltd (SIL), which owns 100% of Aguas de Panama S.A. (APSA), to an affiliate of Seven Seas Water Corporation (SSW). The gross consideration for the sale…
Sembcorp Industries
Sembcorp Industries (Sembcorp) is an energy and urban development company. Sembcorp’s marine division provided a variety of services, including the engineering and construction of offshore platforms for oil extraction, until it was demerged from Sembcorp in 2020 following poor financial performance. Sembcorp currently has an energy portfolio of over 12,600MW, with more than 2,600MW of…