SG Dealbook: Ezion buys 30% in O&G service provider; AsiaPhos acquires LYR Group; Sincap to acquire Orion Energy ; Abterra to sell 22.8% in loss-making mine; SBI Offshore in JV with Grass Group

Singapore-based energy and resources firms are in the process of a series of acquisitions and divestments, as they negotiate the fragmented markets of the region and consolidate their positions relative to their competitors, in the aftermath of the market shock caused by the downturn in prices.