Oil and gas SGX roundup

) Cosco Corporation (Singapore) Limited is a Singapore-based investment holding company. The Company has ship repair, ship building and offshore marine engineering operations in China. The Company also operates in dry bulk shipping, shipping agency and other sectors. The Company has operations in ship repair, ship building and offshore marine engineering. During the year ended December 31, 2009, the Company completed the construction of 11 new vessels comprising eight bulk carriers, one heavy lift ship, one accommodation and work barge and one offshore driller.
  Wright Quality Rating: BCA1 $1.85 $2899mil

2) KS Energy Services Limited (KS Energy) is a Singapore-based energy services provider to the global oil and gas, marine and petrochemical industries. Its principal activities include trading in hydraulic products, instrumentation and equipment for the shipbuilding, marine and oil and gas industries, trading in hardware products and oilfield equipment, and investment holding. It operates in two segments: Distribution and others, which includes sales of hydraulic products, hardware products and tools and equipment and provision of design engineering, project management and fabrication of systems equipment for industrial applications to the marine and oil and gas industries, and Capital equipment and related services, which includes provision of capital equipment and related services to the oil and gas industry. During the year ended December 31, 2009, it acquired the remaining 50% interest in United Oilfield Services Pte. Ltd. and remaining 60% interest in Landrig 5 (BVI) Ltd.
  Wright Quality Rating: CBNN $1.04 $489mil

3) Ezra Holdings Limited (Ezra) is a Singapore-based company. The principal activities of the Company are those of investment holding and provision of management services. It is organized into three operating divisions: Offshore Support Services, which is engaged in the owning, chartering and the management of offshore support vessels serving the oil and gas industry; Marine Services, which is engaged in the provision of management services, supply of marine gas and oil, provision of engineering, design and fabrication works, and Energy Services, which is engaged in providing drilling and well intervention related works. In July 2009, it disposed 50% interest in United Oilfield Services Pte. Ltd. In September 2010, it incorporated a wholly owned subsidiary, Lewek Crusader Shipping Pte. Ltd. In October 2010, the Company incorporated Emas Offshore Angola Pte. Ltd., a wholly owned subsidiary in Singapore.
  Wright Quality Rating: CCB1 $1.75 $491mil

4) Swiber Holdings Limited (Swiber) is engaged in investment holding and provision of corporate services. It offers a range of offshore engineering, procurement, construction and installation (EPIC) and marine support services to support the a range of offshore oil and gas exploration projects. Swiber consists of four business units: Swiber Offshore Construction Services, Kreuz Offshore Marine Services, Kreuz Offshore Subsea Services and Equatorial Offshore Development Services. Swiber Offshore Construction Services provides a suite of offshore construction services. Kreuz Offshore Marine Services offers a spread of offshore marine support services that are complementary to its offshore EPIC services. Kreuz Offshore Subsea Services provides commercial saturation and air diving services. Equatorial Offshore Development Services provides offshore wind farm engineering, transportation and installation services. In September 2010, it incorporated a subsidiary, SWIBER INTERNATIONAL PTE. LTD.
  Wright Quality Rating: CBNN $1.02 $570mil

Oil price and Collapse the movie

Oil prices peaked at over $150 USD per barrel. Then it collapsed. But what is the significance of this short collapse today?

The movie Collapse is about how oil plays a major role in every aspect of the modern human being's life. We cannot get untangled. Its alas, all linked up. Michael Ruppert's investigation and in depth analysis goes a long way and drives in the irrepressible fact that this finite source of stored-energy will be depleted. The process of depleting it is continuously exponential, the various solutions prove to be futile, and the chase to "increase a nation's GDP" is not sustainable. Before the end of the line, chaos would have reigned and brought in Armageddon before the last 10 barrels of oil will be ever used.

The significance for us: Now USD is going on a steep downtrend. 20 years or so ago, 1 USD bought 2.70 ringgit (Malaysian Ringgit or MYR). It went to a high of 5.00 ringgit, and then fixed at 3.80 for a decade, and now retracing back to 3.00. Every item - inversely like Midas - is almost a by-product of oil and its derivatives. Connect these words and a factual financial sentence will form.

Food - pesticides - fertilizers - trucks - plastic containers - garbage bags.
Toys - plastic - trucks - driving to work - bags.
Car - interior - -plastic - oil - petrol - plastic casings.
Having a shower - soap, shampoo, mat, water knob.
Having a vacation.

That plastic chair you're seating. Oil. Petroleum base product.
That spoon you used for the creme brule. Fetch here by trucks - oil consumed.
Going to school. School bus. Tapes. Make-up. Clothing. Packaging.
Your house. Colourful paint for your home. Alarm system.

Therefore: this insatiable demand will rise exponentially again. 3 years - 5 years? 10 years. Think of oil companies and oil related. Such as Ezra, CNOOC, Petronas, China OilField, KS Energy.