5058 results found for 'Indonesia'

5058 results found for 'Indonesia'
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  • Apache: Faron J. Thibodeaux to Lead Australia Operations

    25 January 2013

    Apache Corporation said that Faron J. Thibodeaux has been promoted to region vice president and managing director of Apache Energy Limited, the company’s operating unit in Australia. Thibodeaux, Apache Energy’s director of operations since 2011, replaces Thomas M. Maher, who is moving to Cairo to lead Apache’s operations in Egypt. Apache currently is developing the […]

  • Hess Profit Rises on Asset Sales

    25 April 2013

    Hess Corporation today reported net income of $1,276 million for the quarter ended March 31, 2013. Adjusted earnings, which exclude gains on asset sales and other items affecting comparability of earnings between periods, were $669 million, or $1.95 per common share, representing a 30 percent increase on a per share basis over the same quarter […]

  • Vietnam: Total Announces Second Oil Discovery on Offshore Block 15-1/05

    1 October 2010

    Total announces that its subsidiary, Total E&P Vietnam, and its partners on Block 15-1/05, have discovered oil in the Lac Da Vang prospect, located in the southern part of the block in the Vietnamese offshore. The Lac Da Vang exploration well is located approximately 125 kilometres to the East of the city of Vung Tau, […]

  • IEA vows to bring more transparency into LNG market

    24 November 2016

    While the globalization of natural gas has been boosted by the rise of LNG market, the energy security implications of this development have been less scrutinized.

  • Piracy on the Seven Seas at Its Lowest

    24 April 2014
    Business & Finance

    The International Chamber of Commerce’s International Maritime Bureau (IMB) has revealed that piracy on the world’s seas is at its lowest first-quarter level since 2007, but warns that the threat is still present. The latest IMB Piracy Report, published today, shows 49 piracy incidents in the first quarter of 2014 – the lowest first quarter […]

  • Conrad spuds first of two Duyung wells

    4 October 2019
    Exploration & Production

    Conrad Petroleum has started drilling the first of two wells at its operated Duyung Production Sharing Contract in the West Natuna basin, offshore Indonesia, using the Asian Endeavour-1 jack-up rig. 

  • USA: Marathon Sets 2011 Capital, Investment and Exploration Budget

    2 February 2011

      Marathon Oil Corporation announced today a $5.267 billion capital, investment and exploration budget for 2011, consistent with prior guidance and a 9 percent increase from 2010 capital spending. “Having completed a number of major investment projects over the last few years, Marathon’s 2011 budget has shifted toward an emphasis on more scalable and lower-risk […]

  • OSEA2012 Focuses on LNG & Gas in Asia (Singapore)

    6 November 2012
    Business & Finance

    With demand for energy increasing as developing countries push for greater economic growth, more and more companies are looking to alternative sources of supply such as LNG. Plans are afoot to further develop the natural gas and LNG industry in Asia. These developments will bring about important issues and challenges, and the OSEA2012 International Conference […]

  • Lundin to Spend $1.7 Bln on Exploration and Development in 2013

    7 January 2013
    Business & Finance, Operations & Maintenance

    Lundin Petroleum AB (Lundin Petroleum) announces its 2013 development, appraisal and exploration budget which totals USD 1,700 million. 2013 will be the busiest year in the company’s history both in relation to exploration and development activities. The 2013 expenditure on development projects is budgeted at USD 1,100 million which represents approximately a 150 percent increase […]

  • Asia’s LNG Industry Growth Will Be Major Topic at OSEA 2012, Singapore

    6 November 2012

    With demand for energy increasing as developing countries push for greater economic growth, more and more companies are looking to alternative sources of supply such as LNG. Plans are afoot to further develop the natural gas and LNG industry in Asia. These developments will bring about important issues and challenges, and the OSEA2012 International Conference […]

  • OPEC committed to output cuts. Extension far from done deal, survey says

    5 May 2017

    The ten OPEC members’ crude output stayed unchanged in April at 31.85 million barrels per day compared to March, according to an S&P Global Platts survey released today. OPEC is still showing high compliance with its production cut agreement, as increases in Angola and Nigeria were offset by declines from Libya and Iraq, the energy […]

  • Tambak-1 well confirms Mako as ‘very valuable gas resource’

    22 November 2019
    Exploration & Production

    Conrad Petroleum has flowed dry gas from its Tambak-1 well located in the Duyung PSC in the West Natuna Basin, offshore Indonesia.

  • One well down, as Saipem drillship moves to another to unlock more gas at Eni’s field

    1 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Eni has completed the drilling of a well at a natural gas field in the Mediterranean off the coast of Egypt, using a drillship from the rig fleet of Saipem, a compatriot engineering, drilling, and construction services player.

  • Coro Energy renegotiates terms of Indonesian PSC acquisition

    18 July 2019

    Coro Energy has renegotiated the terms of the proposed acquisition by the company of a 42.5% interest in the Bulu PSC, offshore East Java, which contains the Lengo gas field. 

  • PTTEP sells Montara field to Jadestone

    16 July 2018

    Thailand’s PTTEP is divesting its 100% stake in the Montara field offshore Australia.

  • BW Offshore sells FSO Belokamenka for scrap

    10 December 2018
    Business & Finance, Infrastructure

    BW Offshore has signed an agreement to dispose of the FSO Belokamenka for recycling in compliance with the Hong Kong Convention.

  • Noble buys second jack-up from PaxOcean. Bags Saudi Aramco contract

    14 February 2019
    Exploration & Production

    Noble Corporation has bought a second newbuild Gusto MSC CJ46 design jack-up rig from the PaxOcean Group (PaxOcean) for $83.75 million.

  • ExxonMobil president Walters steps down after 38 years

    5 December 2016
    Business & Finance

    U.S. oil giant ExxonMobil has named Neil Duffin as the new President of ExxonMobil Production Company. He will succeed a retiring Tom Walters who will be leaving the company after more than 38 years of service. ExxonMobil said on Friday that Neil Duffin, currently president of ExxonMobil Development, was appointed as the President of ExxonMobil […]

  • IEA Launches Unconventional Gas Forum (France)

    26 March 2013

    The International Energy Agency (IEA) on Friday 22 March 2013 hosted the inaugural meeting of the IEA Unconventional Gas Forum, which gathered more than 100 officials from government, industry, NGOs and international organisations to discuss best practices for the sustainable development of global unconventional natural gas resources. “Natural gas is poised to enter a golden […]

  • APAC LNG Forum to Be Held in Singapore

    4 February 2014

    As work progresses with the Prelude, Petronas FLNG 1 and the Pacific Rubiales projects, there is increasing interest in the role floating LNG projects may play in developing gas reserves, especially in areas with little existing infrastructure. Asia in particular is a key geography where small to mid-scale LNG projects could provide the most impact […]

  • ICS: Shipping Vulnerable to Regional Action on Cutting CO2

    24 February 2017

    Unless the International Maritime Organization (IMO) makes significant progress as part of its CO2 reduction strategy for the shipping sector the industry could be vulnerable to regional action, the Chairman of the International Chamber of Shipping, Esben Poulsson believes. Speaking in Indonesia today at The Economist magazine’s World Ocean Summit, Poulsson feared that regional action […]

  • FPSO redeployment uncertainty puts BW Offshore into impairment mood again

    14 February 2022
    Business & Finance, Business Developments & Projects, Vessels

    BW Offshore has warned of impairment to the value of five FPSO units due to limited potential for future redeployment.

  • Shelf Drilling selling five stacked rigs

    13 November 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shelf Drilling is selling five of its stacked drilling rigs. The rig owner has also won a couple of new gigs while some contracts have been suspended.

  • Boskalis 2016 First Half Results: ‘Drastic Measures’ Announced

    18 August 2016
    Business & Finance, Equipment, Technology

    Royal Boskalis Westminster N.V. realized a net profit of EUR 147.5 million in the first half of 2016 (H1 2015: EUR 306.5 million). Revenue in the first half of the year fell 25% compared to the first half of last year to EUR 1.17 billion (H1 2015: EUR 1.57 billion). Whereas the first half of 2015 was extremely busy, […]

  • Singapore: Miclyn Express Offshore Announces New Contracts

    12 June 2012
    Business & Finance, Project & Tenders

    Miclyn Express Offshore (“MIO”) announces that through its Thai Joint Venture, Uniwise Offshore, it has been awarded a 3 year firm contract, plus 2 x 1 year extension options, to provide coil tubing marine support services to Chevron`s production activities in the Gulf of Thailand. Uniwise Offshore will purchase a Platform Supply Vessel (“PSV”), currently […]