1574 results found for 'Ichthys'

1574 results found for 'Ichthys'
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  • UK: Wood Group Profit Up

    21 August 2012

    Wood Group announced half year results for the six months ended 30 June. Financial Highlights Revenue from continuing operations1 of $3,346.3m (2011: $2,465.9m) up 36% EBITA from continuing operations1 of $205.1m (2011: $133.9m) up 53% Profit from continuing operations before tax and exceptional items of $160.0m (2011: $102.7m) up 56% Adjusted diluted EPS1 of 37.4 […]

  • USA: KBR Third Quarter Revenue Down

    25 October 2013

    KBR said that its third quarter 2013 net income was $24 million, compared to a net loss attributable to KBR of $81 million in the third quarter of 2012. Consolidated revenue in the third quarter of 2013 was $1.8 billion compared to $2.0 billion in the third quarter of 2012. Operating income in the third […]

  • Australia: CIMIC makes bid to buy rival UGL

    10 October 2016

    Australian construction company CIMIC on Monday tabled an offer to buy Australian rival UGL Ltd. for about A$524 million ($398 million). CIMIC, controlled by Germany-based Hochtief AG that is owned by Spanish construction company Grupo ACS, said in a statement it will offer A$3.15 per share for UGL, a 47 percent premium to its last […]

  • Australia adding transparency to offshore oil and gas

    28 November 2017

    The Australian government on Tuesday announced new measures which are expected to boost transparency in the country’s offshore oil and gas sector. Minister for Resources and Northern Australia Matt Canavan said in a statement that Australia already had a “comprehensive and robust regulatory regime” for the oil and gas sector, and these new measures would […]

  • Editor’s Picks for 2014

    2 January 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    The editors of Subsea World News have selected a few among many worth remembering articles from the previous year that received exceptionally high attention from our readers. In no particular order, here are some of the news to look back on, in case you missed them last year. Enjoy.     Pieter Schelte Faces South Stream […]

  • Apply Secures New Contracts Worth USD 245.8 Million

    16 July 2012
    Business & Finance, Project & Tenders

    Apply has over the last weeks been awarded contracts worth over 1.5 billion NOK. In addition to significant contracts in Norway, new projects as far apart as Canada and Australia confirm the Group’s growing international scope. Living Quarters to the Hebron platform, offshore Canada to Apply Leivik Worley Parsons has announced the intent to award […]

  • Santos Discovers Gas-Condensate at Lasseter-1 Well Off Western Australia

    22 August 2014
    Business & Finance, Operations & Maintenance

    Santos announced a significant gas-condensate discovery at the Lasseter-1 exploration well in WA-274-P, located in the Browse Basin offshore Western Australia. The Lasseter-1 well is located approximately 35 kilometres east-southeast of Santos’ Crown discovery and 480 kilometres north-northeast of Broome. The water depth at location is 404 metres. The well reached a total depth of […]

  • Highlights of the Week

    6 December 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Subsea World News has put together a recap of the most interesting articles from the previous week (December 01 – December 06). The Houston-based oilfield services major, Schlumberger, said it will further reduce its workforce in light of expected reduced activity for 2016. As a result, Schlumberger currently expects to record a pre-tax restructuring charge […]

  • McDermott Boosts Profit

    24 April 2018
    Operations & Maintenance

    Houston-based McDermott has reported strong performance in Q1, just days after it rejected the takeover offer from Subsea 7, which did not fit into the company’s intention to merge its operations with CB&I to create a vertically integrated onshore-offshore company. McDermott has reported quarterly profit of $35.2 million, or $0.12 per fully diluted share, compared to $21.9 million, or $0.08 per fully […]

  • Energy Minister Predicts Australia to Be Biggest LNG Exporter

    17 April 2013

    Federal Resources Minister Gary Gray has predicted Australia will be the biggest liquefied natural gas (LNG) exporter in the world within five years. Addressing the 17th International Conference on Liquefied Natural Gas (LNG 17) in Houston, Texas, Minister Gray said that with seven of the world’s twelve projects now under construction in Australia, he expects […]

  • Tag Pacific Secures Gorgon LNG Contract

    11 February 2013
    Project & Tenders

    Tag Pacific announced the recent award of two power systems contracts, lifting to $29.5 million the total value of significant new projects that the power convergence group has signed during the past six months. Tag’s wholly-owned MPower subsidiary signed the new deals  for Chevron’s Gorgon LNG project on the North West Shelf and for BHP […]

  • Australia: White paper headlines northern LNG potential

    19 June 2015

    The Australian government issued the first ever White Paper that looks into the possibility of unlocking Northern territory’s potential and opportunities.

  • Santos makes significant gas-condensate discovery offshore Australia

    22 August 2014

    Santos’ Head of Exploration, Bill Ovenden, described Lasseter-1 as an important gas discovery for the company.

  • Fairstar Accepts Delivery of FORTE in China

    1 June 2012

    Fairstar Heavy Transport N.V. (FAIR) has taken delivery of the semi-submersible heavy transport, FORTE. The closing documentation has been completed to the satisfaction of Fairstar’s bankers, classification society and the Dutch Flag State. Fairstar has drawn down on the USD 247 million facility led by ING Bank and effected all outstanding payments due to Guangzhou […]

  • Solstad hands over another vessel to undisclosed buyer

    16 November 2021
    Business & Finance, Business Developments & Projects, Vessels

    Farstad Shipping, a subsidiary of Solstad Offshore, has sold another one of its vessels to a buyer, whose identity was not revealed.

  • Aqualis ASA Books Several Gigs in Asia

    22 May 2014
    Business & Finance

    Aqualis ASA has won several new construction supervision, transportation & installation and marine warranty contracts in Asia. Total contract value is approximately USD 11 million. “We have set up offices in nine countries, including Singapore and China, in less than 12 months. Our regional Asian hubs are being well supported by our engineering and marine […]

  • Australia exports over 50 Mt of LNG in FY 2017

    18 July 2017

    Australia’s LNG exports are forecast to grow 22.6 percent in the current 2017-2018 financial year after a robust performance in the 12 months to June 30 this year, according to energy consultancy EnergyQuest.

  • Australia: White paper headlines northern LNG potential

    19 June 2015

    The Australian government issued the first ever White Paper that looks into the possibility of unlocking Northern territory’s potential and opportunities.

  • Dockwise Votes Against Fairstar’s Share Issuance Proposal

    1 June 2012

    Fairstar Heavy Transport N.V.  hosted an Extraordinary Meeting of Shareholders today in Rotterdam. The purpose of the Meeting was to approve the issue of 30 million shares in Fairstar for the purposes of constructing an additional 50,000 DWT semi-submersible ship identical in specification to FORTE and FINESSE. Purchase price of the vessel is USD 110 […]

  • Sonardyne equips McDermott’s vessel with subsea navigation

    11 January 2017
    Equipment

    Underwater acoustics provider Sonardyne has supplied McDermott’s Lay Vessel 108 with acoustically-aided inertial navigation technology. Sonardyne said on Wednesday that the Ranger 2 Pro DP-INS system was used to support touchdown monitoring surveys of submarine cables, umbilicals, and pipelines and as an independent position reference for the LV 108’s Kongsberg dynamic positioning (DP) system. The […]

  • Wood Group Confident of Strong 2013 Performance, UK

    4 October 2013

    John Wood Group said it continues to deliver good growth and is confident of achieving 2013 performance in line with expectations. The company’s outlook for 2014 remains unchanged from that outlined in the recent interim results announcement. Wood Group Engineering is performing well and is expected to deliver EBITA growth of c.10 – 15% in […]

  • Santos strikes gas in Browse Basin

    22 August 2014

    Santos of Australia announced a significant gas-condensate discovery at the Lasseter-1 exploration well in WA-274-P, located in the Browse Basin offshore Western Australia. The Lasseter-1 well is located approximately 35 kilometres east-southeast of Santos’ Crown discovery and 480 kilometres north-northeast of Broome. The water depth at location is 404 metres. The well reached a total […]

  • Van Oord: Dredger “Artemis” Commissioned (The Netherlands)

    12 April 2013
    Business & Finance, Equipment, Technology, Vessels

    Van Oord’s newest addition to its fleet, the self-propelled cutter suction dredger Artemis, will be moored in Rotterdam until 14 April 2013. Business relations and employees will have the opportunity to visit Artemis before it departs for western France for its first assignment. Pursuant to a contract with the Grand Port Maritime de la Rochelle, […]

  • EIG’s MidOcean Energy to buy Tokyo Gas’ stake in four Australian LNG projects for $2 billion

    7 October 2022
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    MidOcean Energy, an LNG company formed and managed by energy and infrastructure investor EIG, has entered into a definitive agreement to acquire Tokyo Gas’ interests in a portfolio of four Australian integrated LNG projects. Under the terms of the agreement, MidOcean will acquire Tokyo Gas’ interests in Gorgon LNG, Ichthys LNG, Pluto LNG and Queensland […]

  • EnergyQuest: Australia Ramps Up Its LNG Exports

    20 July 2017
    Business & Finance

    Australia’s liquefied natural gas (LNG) exports are expected to grow by 22.6% in the current 2017-2018 financial year (FY18) on the back of a robust performance seen in the 12 months ended June 30. The country broke the 50 million tonnes (Mt) barrier for the first time in the full 2016-2017 financial year (FY17), exporting […]