5015 results found for 'Indonesia'

5015 results found for 'Indonesia'
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  • Hess Names Six New Independent Directors, USA

    4 March 2013

    Hess Corporation announced several initiatives marking the culmination of its multi-year strategic transformation into a pure play exploration and production (E&P) company. The company also announced a slate of five highly qualified independent director nominees for election at this year’s Annual Meeting, and appointed an additional independent director who will stand for election at the […]

  • Total Announces Management Committee Appointments (France)

    13 January 2011

    Total announced the following appointments to its Management Committee, effective January 1, 2011: * Arnaud Breuillac, Senior Vice President, Middle East, Total Exploration & Production. * Michel Hourcard, Senior Vice President, Development and Operations Techniques, Total Exploration & Production and Senior Vice President for the Scientific and Technical Center in Pau. * Jacques Maigné, Chairman […]

  • Woodside CEO: LNG shortage looms unless no new investment decisions taken

    4 April 2017

    The liquefied natural gas (LNG) market is heading toward a supply shortage unless investment decisions in new production projects are taken soon, Peter Coleman, Chief Executive of Australian LNG player Woodside said on Tuesday. “We are meeting at a time of transition for gas. There is an abundance of gas globally and it is understandable buyers […]

  • 45 countries designated seafarers as key workers

    16 December 2020
    Authorities & Government, Human Capital, Regulation & Policy, Rules & Regulation, Vessels

    Forty-five IMO Member States and one Associate Member, Hong Kong,  have now designated seafarers as key workers, a key step in resolving the ongoing crew change crisis.  Key worker designation is essential to exempt these professionals from specific COVID-related travel restrictions, allowing them to travel between their country of residence and ships, and to be repatriated at the end of their contracts. The restrictions […]

  • Sky-high profits for U.S. oil majors Exxon and Chevron

    29 July 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks

    U.S. oil and gas majors Chevron and ExxonMobil both posted record profits for the second quarter of the year.

  • Saudi energy minister says may extend oil output cuts beyond 2017

    8 May 2017

    Saudi Arabia’s energy minister Khalid Al-Falih said on Monday that oil markets were rebalancing after years of oversupply, but that he still expected an OPEC-led deal to cut output during the first half of the year to be extended to all of 2017.

  • Successful Debut for Wireline’s Open Hole Roller Bogie Technology (UK)

    21 March 2011
    Business & Finance, Equipment

      A wireline conveyance tool that provides major cost savings to the oil and gas industry has been used in the UK North Sea for the first time. Wireline and well intervention technology specialist Wireline Engineering said its patented Open Hole Roller Bogie technology has been used successfully on the Catcher field in the UK […]

  • Singapore: Sembcorp Marine Starts Construction of Integrated New Yard Facility

    22 June 2010
    Business & Finance

    Sembcorp Marine marked a major milestone in its growth and expansion strategy today with the ground-breaking of its Integrated New Yard Facility at Tuas View Extension. Representing Singapore’s first integrated yard facility, this landmark development will further reinforce Sembcorp Marine’s competitive edge, enabling the Group to respond effectively to customers’ requirements and future challenges. The […]

  • Wireline Engineering’s Open Hole Roller Bogie Used in UK North Sea

    21 March 2011
    Business & Finance, Equipment

    A wireline conveyance tool that provides major cost savings to the oil and gas industry has been used in the UK North Sea for the first time. Wireline and well intervention technology specialist Wireline Engineering said its patented Open Hole Roller Bogie technology has been used successfully on the Catcher field in the UK central […]

  • Australia: Woodside Appoints Peter Coleman as Chief Executive Officer and Managing Director

    12 May 2011
    Business & Finance, Operations & Maintenance

    The Board of Woodside has appointed Peter Coleman as the company’s Chief Executive Officer and Managing Director. Mr Coleman will succeed Don Voelte, who announced last October that he intended to retire from Woodside after more than seven years with the company. Mr Coleman will take up his appointment with Woodside on Monday, 30 May […]

  • TITAN Salvage Opens Fourth Facility in Cairns, Australia

    14 December 2012
    Business & Finance

    To meet the needs of changing market conditions and increased commercial vessel traffic in and around the Great Barrier Reef, TITAN Salvage has established a new office and equipment depot in Cairns, Australia. The presence in the Pacific Southeast enhances the company’s marine salvage, wreck removal and emergency response capabilities in the region. With this […]

  • Singapore: Otto Marine Announces Cancellation of Contract for Two Vessels

    29 July 2011

    Otto Marine Limited, a leading offshore marine company which specialises in building complex offshore support vessels, ship chartering and offers specialised offshore services, today issued a profit warning regarding the financial results of the Group for the second quarter ended 30 June 2011 (“Q2”). The Group is expected to report a loss for the upcoming […]

  • The Netherlands: Imtech Marine Wins Second Jack-Up Contract

    13 June 2012
    Business & Finance

    Imtech Marine (Radio Holland Netherlands) has been awarded an extensive contract from Jack-Up Barge for the communication and IT systems for its newbuild, self-elevating platform JB-118. This follows a similar contract for the JB-117, which Imtech Marine successfully completed earlier this year. Additionally, Jack-Up Barge and Imtech Marine have concluded an Advanced Support Agreement for […]

  • Malaysia: Nam Cheong Sells Accommodation Work Barge to CNN Capital

    18 January 2012
    Business & Finance

    Nam Cheong Limited, global Offshore Support Vessel (OSV) shipbuilder that focuses on the construction and engineering of complex, sophisticated and environmentally-friendly OSVs, announced that it has, through its wholly-owned subsidiary Nam Cheong International Ltd, sold a RM84 million (approximately S$34.3 million) 300 men Accommodation Work Barge (AWB) to CNN Capital Bhd, a new Malaysian customer. […]

  • Report: Petronas targeting 1Q 2020 for 2nd FLNG unit start-up

    4 April 2019
    Infrastructure

    Report: Petronas targeting 1Q 2020 for 2nd FLNG unit start-up

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

    31 March 2020
    Exploration & Production

    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 price war, a Rystad Energy’s analysis shows.

  • Australia: Woodside Names New Chief Executive Officer

    12 May 2011
    Business & Finance

      The Board of Woodside has appointed Peter Coleman as the company’s Chief Executive Officer and Managing Director. Mr Coleman will succeed Don Voelte, who announced last October that he intended to retire from Woodside after more than seven years with the company. Mr Coleman will take up his appointment with Woodside on Monday, 30 […]

  • Thailand: Salamander to Acquire Remaining 40% Interest in Block B8/38 Licence

    20 July 2010
    Business & Finance

    Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, today announces that its subsidiary, Salamander Bualuang, has reached agreement with SOCO International to purchase SOCO Thailand, LLC. SOCO Thailand, LLC owns SOCO Thailand, which holds a 40% interest in the B8/38 licence in the Gulf of Thailand. Salamander currently owns […]

  • UK: IMCA Appoints New Chief Executive

    13 September 2012
    Business & Finance

    Chris Charman has been appointed as Chief Executive of IMCA (International Marine Contractors Association) taking over from Hugh Williams who is retiring. He will take up the position on 3 December 2012. IMCA is the international trade association for offshore, marine and underwater engineering companies with about 850 members in over 60 countries all around […]

  • UK: IMCA Appoints New CEO

    13 September 2012

    Chris Charman has been appointed as Chief Executive of IMCA (International Marine Contractors Association) taking over from Hugh Williams who is retiring. He will take up the position on 3 December 2012. IMCA is the international trade association for offshore, marine and underwater engineering companies with about 850 members in over 60 countries all around […]

  • PT Gunanusa wins more work on PTTEP’s Zawtika project

    10 October 2016
    Business & Finance

    Indonesian platform builder PT Gunanusa Utama Fabricators (PTG) has won a second contract award worth around $150 million from Thailand’s PTTEP for a project offshore Myanmar.  Namely, in September this year, PT Gunanusa was awarded an engineering, procurement, construction, and installation (EPCI) contract for two offshore wellhead platforms, associated pipelines and tie-ins for the Zawtika Development […]

  • Lundin Sets 2014 Capex at USD 2.1 Bln

    8 January 2014
    Business & Finance

     Lundin Petroleum AB (Lundin Petroleum) announces its 2014 development, appraisal and exploration budget which totals USD 2.1 billion. The 2014 expenditure on development projects is budgeted at USD 1.4 billion which represents a 25 percent increase on forecast 2013 development expenditure. The 2014 budgeted expenditure on exploration activity is USD 380 million which is approximately […]

  • Global Surge of Activity Follows Successful Production of Unconventional Gas in US

    20 January 2011

    The recent successful production of ‘unconventional’ gas in the US has sparked a flurry of interest throughout the world, with dozens of countries having launched ambitious programmes to examine whether or not they can also benefit from this relatively unexplored resource. Australia is leading the charge, but China, India and Indonesia are also seriously investigating […]

  • AP Moller-Maersk Signs Investment Pact with Indonesian Port Operator Pelindo II

    22 September 2011
    Business & Finance

    AP Moller-Maersk Group and Indonesian port operator Pelindo II inked a memorandum of understanding on Wednesday to commit… (Seatrade-Asia) [mappress] Source: Seatrade-Asia, September 22, 2011.

  • Iran sanctions, trade tensions, threaten oil supply, demand, IEA says

    10 August 2018

    The International Energy Agency has warned that the U.S. sanctions on Iran could cause a spike in oil prices later this year, thus affecting the oil demand growth. Oil demand might also be hit by trade tensions. In its report in for July released on Friday, IEA first said that previous concerns about the stability […]