5037 results found for 'Indonesia'

5037 results found for 'Indonesia'
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  • Oil prices tumble after Saudi-Iran tensions sink output deal

    18 April 2016

    By Henning Gloystein SINGAPORE (Reuters) – Oil prices tumbled on Monday after a meeting by major exporters in Qatar collapsed without an agreement to freeze output, leaving the credibility of the OPEC producer cartel in tatters and the world awash with unwanted fuel. Tensions between Saudi Arabia and Iran were blamed for the failure, which […]

  • OEEC: Various renewables set for numerous markets

    10 October 2017
    Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology

    Offshore Energy Exhibition & Conference (OEEC) 2017 on Tuesday hosted ‘The rise of renewables session’ that offered a quick-scan of various renewable energy technologies currently under development and the markets set for their commercial implementation. The latest medium-term report by the International Energy Agency (IEA) predicts that in the course of the next five years […]

  • Update: PTTEP beats Chevron to Erawan, Bongkot field operatorship

    13 December 2018

    Thailand’s PTTEP oil and gas company has won the rights to operate two offshore blocks in Thailand containing the producing Erawan and Bongkot gas development, beating bids made by the U.S. major Chevron.

  • QNB: Growing Demand Keeping LNG Prices High

    23 June 2014

    Robust global demand is likely to keep LNG prices high over the next few years. Demand is growing both as a result of strong Asian economic growth and the switch to cleaner energy, particularly in China, the QNB Group said in a report. This trend is likely to continue, notwithstanding the so-called US shale gas […]

  • Van Oord Optimistic About Growth Opportunities in Offshore Segment

    12 March 2014
    Business & Finance

    Van Oord had a better year in 2013 than in 2012. The year closed with an almost equal turnover of USD 2,273 million (2012: USD 2,322 million). At USD 180 million, the net profit was considerably higher than in 2012 (USD 136 million), and the company’s order portfolio was similar to the previous year. The […]

  • Despite lower profits, European and US oil & gas giants soldier on with ‘solid’ results

    30 October 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Project & Tenders, Transition

    TotalEnergies, Eni, ExxonMobil and Chevron have reported strong operating and financial performance in the third quarter of 2023.

  • Nexans Delivering Jayabaya Fiber-Optic Link

    13 November 2018
    Business & Finance, Equipment, Operations & Maintenance

    Indonesian broadband company Moratelindo continues to develop the nationwide fiber-optic network with the construction of the Jayabaya submarine cable system for Java Island, with Nexans supplying a total of 915 kilometers of cables for this project. The Jayabaya cable will provide a fiber-optic link between Jakarta, Indonesia’s capital and largest city, and Surabaya, the capital […]

  • Canada: Talisman Energy Reports $812 Million in Cash Flow

    27 July 2010
    Business & Finance

    Talisman Energy Inc.  reported its operating and financial results for the second quarter of 2010. – Cash flow(1) during the quarter was $812 million compared to $897 million a year ago and $837 million in the previous quarter. Excluding the effect of financial instruments, cash flow was approximately 20% higher than the second quarter of […]

  • Eni and Vår Energi paying $4.9 billion for Neptune’s entire oil & gas portfolio, bar German business

    23 June 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Eni and Vår Energi will acquire Neptune’s entire portfolio, aside from its business in Germany, for an aggregate enterprise value of $4.9 billion.

  • Pirates Rob Japanese Ship in Riau Waters

    7 September 2010

    A Japanese tanker has been attacked by armed pirates off an Indonesian island, the latest in a spate of incidents in a South China Sea shipping lane, a global maritime watchdog said Monday. Noel Choong, head of the International Maritime Bureau Piracy Reporting Centre, said a Japanese-owned chemical tanker was travelling from Singapore to China […]

  • Infield Releases Subsea Market Report to 2017, UK

    5 June 2013
    Business & Finance, Research & Development

    Infield Systems has just released the latest edition of its Global Perspectives Subsea Market Report To 2017. The ninth edition of this highly respected report is devoted to the global subsea market and provides a comprehensive analysis of its many facets. The report presents information on the expected capital expenditure and level of subsea equipment […]

  • ExxonMobil maps out aggressive growth plan to double earnings by 2025

    7 March 2018
    Business & Finance

    U.S. oil major ExxonMobil has outlined an aggressive growth strategy to more than double earnings and cash flow from operations by 2025 at today’s oil prices.  “We’ve got the best portfolio of high-quality, high-return investment opportunities that we’ve seen in two decades,” Darren W. Woods, chairman and chief executive officer, said at the company’s annual […]

  • Chevron: Gorgon LNG Costs Climb to AUD 54 Bln

    12 December 2013

    Chevron Corporation announced a $39.8 billion capital and exploratory investment program for 2014. Included in the 2014 program are $4.8 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. Chevron’s 2014 budget is approximately $2 billion lower than expected total investments for 2013. For the current year, total investments are […]

  • Oceaneering: Subsea Products Operating Income Exceeded ROV

    24 July 2014
    Business & Finance, Operations & Maintenance

    Oceaneering International, Inc. reported record quarterly earnings for the second quarter ended June 30, 2014. On revenue of $927.4 million, Oceaneering generated net income of $110.3 million, or $1.02 per share. During the corresponding period in 2013, Oceaneering reported revenue of $820.4 million and net income of $98.8 million, or $0.91 per share. Year over […]

  • WATCH: Activists board Boskalis vessel carrying Shell’s North Sea-bound FPSO

    1 February 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Equipment, Exploration & Production, Project & Tenders, Regulation & Policy, Vessels

    Environmental activists have boarded Boskalis vessel, which is transporting a circular FPSO destined for Shell’s oil & gas project off the UK.

  • Leighton Holdings Announces Disappointing Quarter Results (Australia)

    16 May 2011
    Business & Finance, Operations & Maintenance, Research & Development

    In line with the guidance announced on 11 April 2011, Leighton Holdings Limited announced a loss after tax (unaudited) of $382m for the nine months to 31 March 2011 from total revenue of $13.8bn and expects to report a loss after tax of $427 million for the 2010/11 financial year. A summary of financial information […]

  • Ernst & Young: Diverse New LNG Supply Could Challenge Pricing Status Quo

    20 March 2013

    A new report released by Ernst & Young, looks at the evolving market dynamics for global LNG. The “Global LNG report – Will new demand and new supply mean new pricing” indicates the near-consensus view of strong LNG demand growth over the next 10-20 years, but with a growing role for more price-sensitive buyers who […]

  • Jack-Up Barge Signs Multi-Year Charter Agreement with German BARD Group

    23 August 2011
    Business & Finance

    Jack-Up Barge has announced signing a multi-year charter agreement with the German BARD Group for Jack-Up Barge’s Self Elevating Platforms JB-115 and JB-117. The contract is valued at in excess of EUR 100 million. Both platforms will be deployed in the BARD Offshore 1 offshore wind farm – the largest German offshore wind farm to […]

  • Russia: Sovcomflot, Gazprom Sign Time Charter Agreement for Two New LNG Carriers

    19 June 2011
    Business & Finance

    On 17 June 2011 at the St. Petersburg International Economic Forum, Sovcomflot – the largest operator of ice-class LNG tankers – signed a contract with Gazprom Global LNG Limited (GGLNG), a subsidiary of Gazprom, for the long-term time charter of two ultra-modern ice-class LNG-carriers. The long-term time charter provides for a minimum of 15 years’ […]

  • Norway: Statoil Celebrates 10th Anniversary of Stock Exchange Listing

    15 June 2011
    Business & Finance

    Statoil today celebrates its 10th anniversary as a listed company. Statoil shares are traded on the New York and Oslo stock exchanges. Statoil has evolved from mainly a Norwegian player into a global company well situated in the most attractive areas worldwide. We have developed a sharper profile and today are strongly positioned as a […]

  • GIIGNL: LNG imports edged up 0.4 pct in 2020

    27 April 2021
    Infrastructure

    Liquefied natural gas imports edged up 0.4 per cent from the 2019 volumes, reaching 356.1 million tons in 2020.

  • Chevron Earmarks $33 Bln for Exploration and Production in 2013

    6 December 2012
    Business & Finance

    Chevron Corporation has announced a $36.7 billion capital and exploratory investment program for 2013. Included in the 2013 program are $3.3 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. “Our exploration program continues to discover additional gas resources that could support future expansions of our Australian LNG developments. The […]

  • Jack-Up Barge Signs Multi-Year Charter Agreement with German BARD Group

    23 August 2011
    Business & Finance, Operations & Maintenance, Technology

    Jack-Up Barge has announced signing a multi-year charter agreement with the German BARD Group for Jack-Up Barge’s Self Elevating Platforms JB-115 and JB-117. The contract is valued at in excess of EUR 100 million. Both platforms will be deployed in the BARD Offshore 1 offshore wind farm – the largest German offshore wind farm to […]

  • Coastal Safety Initiative Kicks Off in Java

    3 March 2015
    Business & Finance, Project & Tenders

    The Indonesian and Dutch government today launched a comprehensive five-year multi million public-private partnership initiative for enhancing coastal safety at the North Coast of Java. The partnership aims to build stable coastlines with reduced erosion risk through a unique integration of mangrove restoration, small scale hard-engineering and sustainable land use. The initiative, financed by the […]

  • VP Shell to Partner with SCF and USC on LNG Shipbuilding in Russia

    25 June 2012

    At the recent St. Petersburg International Economic Foruma trilateral strategic partnership agreement was signed between Sovcomflot, Royal Dutch Shell and United Shipbuilding Corporation (USC). The agreement provides for co-operation between the parties on organising the construction of LNG vessels at Russian shipyards, incorporating the international expertise of Royal Dutch Shell and Sovcomflot. Sovcomflot President & […]