5015 results found for 'Indonesia'

5015 results found for 'Indonesia'
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  • McDermott picks up ‘largest’ decom job in its history

    13 November 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    McDermott has lined up its next multimillion-dollar decommissioning assignment off the coast of Australia, which is said to represent the firm’s largest secured project of this kind.

  • First Production Starts at Liwan Gas Project in South China Sea

    31 March 2014
    Business & Finance, Operations & Maintenance

    Husky Energy and CNOOC Limited have started first production at the landmark Liwan Gas Project in the South China Sea. “Liwan is Husky’s largest project to date and places us inside the door of one of the fastest growing energy markets in the world,” said CEO Asim Ghosh. “It was a massive undertaking and is […]

  • Offshore construction begins on RWE’s Sofia offshore wind farm

    4 September 2023
    Business Developments & Projects, Operations & Maintenance, Project & Tenders

    Offshore construction has started on RWE’s 1.4 GW Sofia offshore wind farm on Dogger Bank in the central North Sea off the northeast coast of the UK. The offshore works are kicking off with the laying of the first section of high voltage direct current (HVDC) export cable which will be done by Prysmian’s Leonardo […]

  • PHOTO: Culzean-bound FSO Ailsa hits the water

    18 September 2017
    Project & Tenders

    Danish oil firm Maersk Oil has shared a photo on its social media channels showing its Culzean field-destined Ailsa floating storage and offloading (FSO) vessel in the water for the first time. The company said on Monday that the FSO had undocked on schedule, which is another step towards the Ailsa leaving Singapore and beginning […]

  • Singapore: Swiber Boosts its Orderbook to USD 777 Million

    23 August 2011
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

      Swiber Holdings Limited, a world class integrated construction and support services provider to the offshore industry announced today that its order book has gained momentum, growing to US$777 million. This follows contracts awarded to its offshore subsea diving subsidiary, Kreuz Holdings Limited  totalling approximately US$25 million, with a US$10 million option, from a leading […]

  • EOC Secures Sizeable USD 45M Pipelay and Platform Installation Contract (Thailand)

    28 February 2011
    Business & Finance, Research & Development

      Lewek Champion will lay 70 km of pipes and install 11 wellhead platforms in the Gulf of Thailand. Contract for the heavy-lift accommodation pipelay vessel expected to contribute significantly to the Group’s FY11 performance. Will focus on keeping fleet well-deployed in view of expected pick-up in offshore O&G production and construction demand. EOC Limited, […]

  • KrisEnergy’s revenues fall 46 percent on low oil price

    14 May 2015
    Business & Finance

    KrisEnergy Ltd., an independent upstream oil and gas company, has reported that its revenues fell 46.2% to $11.4 million for the first quarter of 2015, compared with $21.2 million in 1Q 2014.  According to the company, this is due to the average oil price realised by the KrisEnergy group dropping to $53.20 per barrel (bbl) compared with […]

  • Research: Oilfield services sector to see surge in M&A. North Sea to rebound

    25 January 2016

    A desire to capitalise on distressed situations, grow international market share and acquire new technology will drive a surge in M&A activity in the global oilfield services sector during 2016, according to a new research from international law firm Pinsent Masons. The survey of 200 senior executives across the oilfield services industry has revealed that […]

  • Essar to Install 3 Platforms Offshore India by March End

    9 February 2012
    Business & Finance

    Essar Projects has today announced the completion of Rs.1,064crores D1 Development Project for ONGC by end-March 2012. The project includes installation of three offshore platforms, layingof subsea pipelines to connect the three platforms to the existing floating production, storage and offloading (FPSO) through a Pipeline End Manifold (PLEM). All new platforms, the PLEM and the […]

  • Cathelco’s ICCP Systems to Protect Largest Offshore Accommodation Units

    19 February 2013
    Business & Finance

    One of the largest offshore accommodation units in the world will be installed with a Cathelco impressed current cathodic protection system to protect its underwater surfaces against corrosion. The Prosafe GVA3000E, currently under construction at the Jurong Shipyard in Singapore, will eventually be positioned on the North Sea Norwegian continental shelf where it will provide […]

  • T.O.S Supplier Nautical Personnel Rijkswaterstaat (The Netherlands)

    7 January 2011
    Project & Tenders

    As of the 1st of January 2011 T.O.S (Transport & Offshore Services) will be the supplier of nautical temporary personnel (sailing) in the North Sea area for Rijkswaterstaat (part of the Dutch Ministry of Transport, Public Works and Water Management) for a period of three years. At the end of December a cooperation contract was […]

  • HHI, Partners to Develop Mobile Powership Technology

    10 December 2013
    Project & Tenders, Vessels

    Polaris Shipping, Korea Midland Power, Hyundai Heavy Industries and Siemens Energy Solutions signed a Memorandum of Understanding at COEX Intercontinental Hotel in Seoul on December 10, 2013 to develop MOBILE POWERSHIP, an integration of shipbuilding and power generating technology in which a highly efficient power generating facility will be installed onto a FSRU. It is […]

  • Santos: GLNG Construction Progressing Well (Australia)

    20 October 2011

    Santos today announced third quarter activities report. Higher quarterly production and sales revenue Production of 12.7 million barrels of oil equivalent (mmboe) in the September quarter was 7% higher than the second quarter of 2011 and 2% lower than the corresponding period in 2010. Cooper Basin gas and oil production increased as field conditions continue […]

  • Chartering of LNG Shipping Weakens Further in Q2

    27 August 2015
    Business & Finance

    The market for chartering of LNG shipping deteriorated further during the second quarter of 2015, Golar LNG said in its second quarter business results. As explained, chartering activity and rates both remained low for much of April and May. During the latter half of May and into June the number of fixtures did increase, however […]

  • Chartering of LNG Shipping Weakens Further in Q2

    27 August 2015
    Business & Finance

    The market for chartering of LNG shipping deteriorated further during the second quarter of 2015, Golar LNG said in its second quarter business results. As explained, chartering activity and rates both remained low for much of April and May. During the latter half of May and into June the number of fixtures did increase, however […]

  • Australian Senate Embarks on FOC Inquiry following Death Ship Exposé

    19 June 2015

    The Australian Senate has decided to launch an inquiry into Flag-of-Convenience shipping following the recent damning exposé on Australia’s Four Corners television programme into three mysterious deaths at sea on board the MV Sage Sagittarius, also known as the “death ship”. The Inquiry by the Rural and Regional Affairs and Transport References Committee will examine […]

  • Sun Birdie Hijackers Get 10 Years in Prison and Caning

    25 June 2015

    A court in Malaysia sentenced nine Indonesian nationals to ten years in prison and one stroke with a rotan cane for the hijacking and the armed robbery of the Malaysia-flagged chemical tanker MT Sun Birdie off Pengerang in January 2015, local media reports. The Kota Tinggi Sessions court charged the men, aged between 26 and 48, under section […]

  • Two newbuild drillships join Valaris rig fleet

    21 December 2023
    Business & Finance, Business Developments & Projects

    Valaris Limited has taken delivery of two newbuild drillships from Daewoo Shipbuilding & Marine Engineering (DSME), after exercising the option to buy them.

  • BW Offshore sells FPSO while pursuing redeployment opportunities

    10 March 2023
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Norway’s FPSO operator BW Offshore has decided to sell one of its FPSOs, which it recently marked as a redeployment candidate.

  • McDermott and BHGE Confirm Tortue Ahmeyim Subsea Deal with BP

    11 March 2019
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    McDermott and BHGE have been awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts by BP for the Greater Tortue Ahmeyim natural gas project offshore Mauritania and Senegal. McDermott share of the deal is said to be between $500 million – $750 million for engineering, procurement, construction and installation (EPCI) […]

  • Malaysia: Coastal Group Receives Order for Ten OSVs

    11 July 2012
    Business & Finance

    Coastal Contracts Bhd announced on July 9 that its wholly-owned subsidiaries, Coastal Offshore (Labuan) Pte Ltd, Thaumas Marine Ltd and Pleasant Engineering Sdn Bhd, have collectively secured contracts for the sale of ten units offshore support vessels (“OSV”) and two units low-end vessels for an aggregate value of approximately RM446 million. Among the ten OSV […]

  • Carriers Not Cashing In on Intra-Asia Container Trade Surge

    22 May 2017
    Business & Finance

    Container traffic within Asia is flying according to trade statistics, but carriers are yet to feel the benefit, shipping analysts at Drewry say. As reported last week, container traffic surged ahead in the first quarter of 2017 by an estimated 10% thanks in large part to a rapid escalation in intra-regional volumes, particularly within Asia. […]

  • Startups Widen Genting Hong Kong’s Loss

    18 August 2017
    Business & Finance

    Startup of new brands for the cruise division and MV Werften Shipyard has pushed cruise operator Genting Hong Kong into a loss of USD 203.2 million during the first half of 2017. The company’s loss has been further widened when compared to last year’s equivalent of USD 53.6 million. Total comprehensive income attributable to equity owners of […]

  • Eni sees profit drop in 2Q

    26 July 2019
    Business & Finance

    Italian oil and gas company Eni saw its profit drop by 66% in the second quarter 2019 when compared to the same period last year. 

  • Rystad Energy: Oil and gas majors could raise over $27 billion in global selling spree

    18 November 2019

    The global oil and gas supermajors are looking to sell assets that could bring in a total of $27.5 billion, according to energy intelligence firm Rystad Energy.