5037 results found for 'Indonesia'

5037 results found for 'Indonesia'
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  • Exxon Mobil reduces 2015 capex by 12%

    4 March 2015

    U.S. oil giant Exxon Mobil today said it expects its capital expenditure for 2015 will be $34 billion in 2015 – 12 percent less than in 2014. The company further said that annual capital and exploration expenditures are expected to average less than $34 billion in 2016 and 2017. “We are capturing savings in raw materials, service, […]

  • UK: Bibby Offshore Invests in ROV Fleet

    26 October 2012
    Business & Finance, Equipment

    Aberdeen-based subsea installation contractor Bibby Offshore has announced investment of around £11million in Remotely Operated Vehicle (ROV) systems for its latest division, Bibby Remote Intervention Limited (BRIL). Initial investment of close to £4million has been made in ROV systems for Bibby Offshore’s fleet of Diving Support Vessels (DSVs) to bring the service provision in-house, while […]

  • India: Essar Projects to Complete D1 Development Project for ONGC

    9 February 2012
    Business & Finance, Equipment, Operations & Maintenance

    Essar Projects has announced the completion of Rs.1,064crores D1 Development Project for ONGC by end-March 2012. The project includes installation of three offshore platforms, laying of 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 […]

  • Lundin 4Q to suffer due to impairments and exploration costs

    21 January 2015
    Business & Finance

    Sweden’s Lundin Petroleum has informed that its 4Q 2014 profitability will suffer due to expensed exploration costs, impairment charge and foreign currency exchange loss, mainly related to the revaluation of loan balances. The company says that these items are largely non-cash charges and will have no impact on operating cash flow or EBITDA. During the fourth quarter […]

  • Malaysia: Coastal Group Sells Ten Offshore Support Vessels

    11 July 2012

    Coastal Contracts Bhd (together with its subsidiaries “Coastal Group”) announced 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(approx USD […]

  • UTEC supports Saipem’s pipelay operations at Ichthys project

    7 April 2014
    Project & Tenders

    UTEC Survey (Australia) Pty Ltd has been awarded the largest pipelay support survey and positioning contract in Australia, the company has announced. The contract was awarded to UTEC by Saipem and involves the provision of offshore survey and positioning services during the pre-lay, lay and post-lay installation of a 42-inch-diameter, 889 kilometre long pipeline which […]

  • Semco Maritime lands Tyra engineering job

    21 March 2019
    Business & Finance

    Semco Maritime has been awarded an EPCI contract with Total as part of the Tyra Redevelopment Project in the Danish North Sea.

  • Another oil & gas find for Petronas and ExxonMobil offshore Suriname

    16 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Petronas and ExxonMobil have made another hydrocarbon discovery at an exploration well in Block 52 offshore Suriname.

  • Elengy Terminal Pakistan Bids for LNG Import Contract

    12 November 2013

    With the energy crisis that is severely affecting Pakistan, Engro Corporation subsidiary Elengy Terminal Pakistan Limited (ETPL) has bid for the fast track LNG contract to import up to 3MTPA of LNG or 400MMSCFD of RLNG (Natural Gas) for the next fifteen years. Over the last 7 years Engro’s investments in Pakistan have exceeded the […]

  • First Exploration Licence in Malaysia for GDF SUEZ

    19 September 2013

    GDF SUEZ has jointly entered the offshore deep water exploration Block 2F in Malaysia in partnership with JX Nippon Oil & Gas Exploration (Offshore Malaysia) Sdn. Bhd. (40%), the operator of the block, and PETRONAS Carigali Sdn. Bhd. (40%). GDF SUEZ holds 20% participating interest in the license. The license has been recently awarded by […]

  • Rig utilisation in Southeast Asia set for decline, Rystad’s analysis shows

    31 March 2020
    Exploration & Production, Infrastructure, Market Outlooks, Outlook & Strategy

    Southeast Asia’s rig market, which was poised for growth in 2020, is now set for a decline. Several oil companies have already made significant cuts to their 2020 capex budgets due to the impact of the Covid-19 pandemic and the ongoing oil price war, a Rystad Energy’s analysis shows.

  • OTC 2012: EnerMech to Splash USD 65 mln on US Expansion

    2 May 2012
    Business & Finance

    UK-based mechanical engineering group, EnerMech, has ring fenced more than $65 million (£40 million) to launch a major expansion in to the USA, as it seeks to replicate massive growth in Europe and the eastern hemisphere. Up to $15 million (£9.5 million) will be invested in new Process, Pipeline and Umbilical (PPU) equipment with another […]

  • Globe Launches SEA-US Subsea Cable System

    14 August 2017
    Business & Finance, Equipment, Operations & Maintenance

    Globe Telecom has launched the USD 250-million Southeast Asia-United States (SEA-US) submarine cable system, providing direct links between Davao City and the United States. The 14,500-kilometer SEA-US international cable system uses the 100 gigabits per second (Gbps) transmission technology to deliver an additional 20 terabits per second capacity (Tb/s). The system was built by a […]

  • USA: Atwood Oceanics, Inc. Announces New Senior Vice President and Chief Financial Officer

    20 July 2010
    Business & Finance

    ATWOOD OCEANICS, INC., (NYSE: ATW) Houston-based International Drilling Contractor (the “Company”), announced today that effective August 11, 2010, Mr. Mark L. Mey will be elected Senior Vice President and Chief Financial Officer. Mr. James M. Holland, the Company’s current Senior Vice President and Chief Financial Officer, will retire from such positions as of the close […]

  • Santos Posts Record Sales Revenue

    23 January 2014

    Santos of Australia announced record sales revenue of $1.1 billion for the fourth quarter of 2013. The record result was driven by the company’s highest oil production in six years, strong oil prices and higher third party sales volumes. Total sales revenue for 2013 of $3.6 billion was also a record and 12% higher than […]

  • Rowan: Two Jack-Up Rig Contracts Secured

    22 November 2013
    Business & Finance

    Rowan Companies a Houston-headquartered drilling contractor, has secured contracts for two of its jack-up drilling rigs. Also, the off rate time for three rigs has increased. In its latest fleet status report, the company said that the contracts have been awarded for the “Bob Keller” and “EXL I” drilling units. Bob Keller has been warded a […]

  • More oil and gas assets up for grabs due to Covid-19, Rystad says

    3 June 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks

    Oil and gas companies currently have assets for sale with recoverable reserves of more than 5 billion barrels of liquids and 7.5 billion barrels of oil equivalent (boe) of natural gas, Rystad Energy estimates.

  • EnQuest widens its Southeast Asian horizons with more oil & gas assets

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

    EnQuest, a London Stock Exchange-listed energy firm, has expanded its oil and gas footprint with the acquisition of Harbour Energy’s Vietnam business, which consists of three producing oil and gas fields.

  • Rystad: Ande-Ande Lumut project sanction to mitigate declining Indonesian oil output

    15 February 2017

    Rystad Energy’s research indicates that Santos’s Ande-Ande Lumut (AAL) project in Indonesia’s NW Natuna Sea, which holds 107 mmboe, could comprise around 20% of the 2017 sanctioned volumes in the Asia Pacific region. In total, projects holding 512 mmboe could potentially reach final investment decisions (FIDs) within Australia & South East Asia during 2017. Rystad […]

  • GIIGNL: global LNG trade climbs 2.5 pct

    5 April 2016

    Global LNG trade hit record high in 2015 driven by new volumes from Australia and Indonesia, GIIGNL, the International Group of Liquefied Natural Gas Importers said in its latest annual report. According to GIIGNL, global LNG trade has grown by 2.5% in 2015, with total quantities reaching an all-time high of 245.2 MT over the year. […]

  • With new batch of drillship deals, Seadrill reels in $97.5 million

    30 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Seadrill has disclosed a new contract award and extension, totaling approximately $97.5 million in value, for two drillships.

  • Indonesia’s DSLNG appoints GAC to cater to Taiwan ports

    29 July 2021
    Business Developments & Projects, Infrastructure, Operations & Maintenance, Ports & Logistics

    Indonesia’s leading LNG provider Donggi-Senoro LNG (DSLNG) has appointed GAC Taiwan to handle its LNG vessels and cargo discharge at Taiwan ports.

  • MCS Hospital Ship Departs Naval Station San Diego for Humanitarian Mission

    7 May 2012

    Military Sealift Command hospital ship USNS Mercy (T-AH 19) departed Naval Station San Diego May 3, beginning its part in Pacific Partnership 2012, a four-and-a-half month humanitarian and civic assistance mission to Indonesia, the Philippines, Vietnam and Cambodia. Mercy is crewed by 70 civil service mariners working for MSC who operate and navigate the ship […]

  • Allianz: 14 big ships lost in Asian waters in 2019

    15 July 2020
    Infrastructure, Safety, Vessels

    Asian waters accounted for a third of large vessels lost at sea globally last year, even as large shipping losses are at a record low having fallen by over 20 per cent year-on-year, according to Allianz.

  • Dart Energy Buys Greenpark Gas Assets (UK)

    2 January 2012

    Dart Energy (CBM) International Pte Limited, a wholly owned subsidiary of Dart Energy Limited has agreed to acquire all of the unconventional gas assets of Greenpark Energy Limited, comprising 22 onshore licences in the UK. Consideration is a total of $42 million to be paid in two tranches, and made up of a mixture of […]