5058 results found for 'Indonesia'

5058 results found for 'Indonesia'
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  • 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 […]

  • 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. […]

  • 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.

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • Finalists for OPITO Oil & Gas Safety Awards Unveiled

    7 October 2013

    The shortlist of six finalists for OPITO’s annual global oil and gas workforce safety awards has been announced. SBM, Stork Technical Services and Total ABK Academy are competing for the Employer of the year title while IFAP, MSTS/Falck Safety Services Malaysia and PT Samson Tiara have made the final three in the Training Providers category of […]

  • Singapore’s Swiber Clinches USD 830 mln Worth of Contracts

    6 June 2012
    Business & Finance

    Swiber Holdings Limite , an integrated construction and support services provider to the offshore industry, announced that it has secured a series of significant awards totaling to over US$830 million. These awards include offshore construction projects and vessel chartering services in the Asia Pacific region. In addition, it has received a letter of award (“LOA”) […]

  • Siphoning Incidents Nothing New?

    25 July 2014

    The trend of incidents involving siphoning of fuel/oil from product and oil tankers at sea is not new. Statistics for Jan-Jul of 2014 reveal that the occurrence of such incidents took place more frequently compared to the annual numbers reported in the past three years (2011-2013), piracy watchdog ReCAAP ISC said in a report.   […]

  • GE Provides On-Site Power and Water Treatment Solution for QCLNG Project (Australia)

    20 September 2011
    Project & Tenders

    Helping Australia develop its unconventional gas reserves to meet the global demand for cleaner fuel options, GE’s Power & Waterbusiness is supplying an integrated solution of critical, on-site power generation and water filtration equipment to an energy consortium that is building a water treatment plant on behalf of Australian coal seam gas explorer and producer […]

  • New Zealand: CRP Announces Board Expansion with Three New Directors

    1 February 2013
    Business & Finance

    Chatham Rock Phosphate is appointing three new directors who will contribute valuable expertise and experience to the company in the run up to applying for a marine consent later this year and on-going financing of operations. They are senior Royal Boskalis executive Ko de Blaeij, marine mining entrepreneur Robert Goodden and eminent ocean scientist Dr […]

  • Offshore Energy 2013: Speakers Say Increasing Project Complexity Is the Real Industry Challenge

    23 October 2013

    Changing industry fundamentals – from geology to geopolitics, increasing megaprojects complexity, fluctuations in regulatory regimes and local content demands, risk management, risk allocation and new business models, were the topics of this year’s Industry Panel held on the first day of the sixth time running, Offshore Energy 2013 Conference & Exhibition event at the Amsterdam […]