SINGAPORE, Nov 25 (Reuters) – Singapore plans to offer financial assistance to its liquidity-hit marine and offshore engineering companies that could help them raise as much as S$1.6 billion ($1.1 billion) in loans. The two-year downturn in oil prices has forced several firms, including oilfield services firm Swiber, oil and gas service provider Swissco Holdings […]
The post Singapore Readies Up to $1.1 Billion for Oil & Gas-Linked Firms appeared first on gCaptain.