Search results for: £4.4billion

202137 results

A list of search results

  • 6 November 2013

    Centrica plc, the parent company of British Gas, today announced it has entered into a 4 ½ year LNG supply agreement with Qatargas for the purchase of up to 3 million tonnes per annum of liquefied natural gas (LNG). The £4.4billion deal builds on Centrica’s existing agreement with Qatargas, signed in February 2011, and could […]

  • 10 February 2011

      Encana Corporation achieved strong 2010 operating and financial performance despite another year of low benchmark NYMEX natural gas prices, which averaged about US$4.40 per thousand cubic feet (Mcf) for the year. Encana generated cash flow of $4.4 billion, or $6.00 per share, supported by solid production growth and commodity price hedges which resulted in […]

  • 26 April 2019
    Business & Finance

    Capital and exploratory expenditures in the first three months of 2019 were $4.7 billion, compared with $4.4 billion in the corresponding 2018 period.

  • 30 June 2010
    Business & Finance

    Statoil has awarded Aker Solutions a frame agreement for maintenance and modifications on their offshore installations Snorre A/B, Gullfaks A/B/C, Visund and Åsgard A/B in Norway. The contract period is for four years and includes options for further extensions up to four years. The yearly volume of the contract will fluctuate, but Aker Solutions estimates […]

  • 19 June 2020
    Business & Finance, Business developments & projects, Infrastructure, Outlook & strategy, Vessels

    Carnival Corporation & plc., the world’s largest cruise company, suffered a multibillion-dollar loss in the quarter ended May 31, 2020, due to the suspension of cruise operations related to COVID-19.

  • 7 February 2006

    The budget proposal includes $127 billion for the Navy, a $4.4 billion increase from this year. It would finance construction of seven ships, including a submarine that would be built in part at Northrop Grumman

  • 10 August 2017

    India’s largest importer of liquefied natural gas, Petronet LNG, a net profit of 4.4 billion rupees ($68.3 million) for the second quarter of 2017.

  • 4 January 2008

    Under the close supervision of the Russian Ministry of Transport, several key players in the Russian Arctic in late December established the Murmansk Port Management Company. The new company will be responsible the strategic development of the port, including investment projects worth 4.4 billion EUR.

  • 16 October 2007

    Husky Energy Inc. reported net earnings of $769 million or $0.91 per share (diluted) in the third quarter of 2007, an increase of 13% compared with $682 million or $0.80 per share (diluted) in the same quarter of 2006. Cash flow from operations in the third quarter was $1.4 billion or $1.67 per share (diluted), […]

  • 6 November 2013
    Project & Tenders

    Centrica, the parent company of British Gas, said it has entered into a 4 ½ year LNG supply agreement with Qatargas for the purchase of up to 3 million tonnes per annum of liquefied natural gas (LNG). The £4.4billion deal builds on Centrica’s existing agreement with Qatargas, signed in February 2011, and could provide gas […]

  • 27 November 2019
    Project & Tenders

    China’s Offshore Oil Engineering, a CNOOC unit, has secured a contract worth 4.4 billion Chinese Yuan ($623 million), for the construction of facilities at the proposed Tangshan LNG terminal.

  • 4 February 2016

    ConocoPhillips, a U.S. oil and gas company, on Thursday posted losses both for the fourth quarter and full year, and said it would slash the dividend and capital expenditure. The company posted a fourth-quarter 2015 net loss of $3.5 billion compared with a fourth-quarter 2014 net loss of $39 million. ConocoPhillips blamed the quarterly result […]

  • 24 October 2012
    Business & Finance

    FMC Technologies, Inc. reported third quarter 2012 revenue of $1.4 billion, up 10 percent from the prior-year quarter. Diluted earnings per share were $0.41 compared to $0.50 in the prior-year quarter as improved Subsea Technologies’ results were more than offset by higher non-operating expenses, a weaker North American Surface Technologies market, and less favorable results […]

  • 7 March 2017
    Business & Finance

    South Korea’s shipping firm Hyundai Merchant Marine has entered into a Memorandum of Understanding to sell ten of its containerships as it looks to raise fresh funds. Namely, the company will sell the vessels to the state-backed ship financing firm Korea Shipping Co for a price of KRW 150 billion, which will then be leased back […]

  • 12 May 2017

    Brazil’s state-controlled oil and gas company Petrobras said Thursday its first-quarter liquefied natural gas (LNG) imports dropped by 78 percent year-on-year. LNG imports into Brazil stood at 16 Mbbl/d (thousand barrels per day) last year as compared to 74 Mbbl/d the year before, Petrobras said in its quarterly results report. Petrobras attributed this decline mainly […]

  • 19 March 2018

    Italy’s state-controlled energy giant Eni has on Friday unveiled its strategic plans for the 2018-2021 period, aiming to invest approximately €3.5 billion ($4.3 billion) in exploration.

  • 13 February 2018
    Business & Finance, Operations & Maintenance

    Oilfield services investment company Akastor recorded loss of NOK 380 million ($48 million) for the fourth-quarter 2017 compared to profit off NOK 77 million ($10 million) same time in 2016. The net loss for the year was NOK 58 million. The Oslo-listed company as a group generated some 34 per cent lower revenue (NOK 1.1 […]

  • 30 March 2012
    Business & Finance

    Farstad Shipping ASA has reached an agreement with STX OSV AS to build two Anchor Handling / Offshore Service vessels (AHTS) of the type UT 731 CD. Contract value is estimated at approximately NOK 1.2 billion (USD 209 million). The vessels are designed by Rolls Royce Marine with a total length of 87.4 meters and […]

  • 5 February 2013

    BG Group, a UK-based oil and gas company, today announced that its full year 2012 earnings rose 3% to $4.4 billion. The company’s 4Q 2012 earnings dropped 29% to $1 billion The recently appointed, BG Group’s Chief Executive, Chris Finlayson said, “Earnings in the fourth quarter were down 29% to $1.0 billion, primarily as a […]

  • 17 May 2017

    Israel’s Delek Drilling and Avner Oil Exploration, both subsidiaries of Delek Group, have completed the previously announced merger. The two companies on Wednesday received a merger certificate from the Registrar of Partnerships, thus fulfilling all the preconditions for the merger to take place. The companies have said the aim of the merger is “simplifying the […]

  • 30 July 2019
    Business & Finance, Operations & Maintenance

    McDermott has reported quarterly loss of $146 million, or 80 cents per diluted share, compared to profit of $47 million, or 33 cents per diluted share in the second quarter of 2018. This marks a hat-trick of losses for the Houston-based company. Excluding charges, the adjusted loss for the second quarter of 2019 was $14 […]

  • 24 October 2016
    Operations & Maintenance

    The Norwegian Petroleum Directorate (NPD) has granted consent for production start-up on the Ivar Aasen field in the North Sea. The operator Aker BP, a merger between Det norske and BP, has scheduled start-up for December. The Ivar Aasen field was developed with a production facility resting on the seabed at a water depth of […]