5037 results found for 'Indonesia'

5037 results found for 'Indonesia'
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  • 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.

  • 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 […]

  • Santos Sells 15% Interest in GLNG to Total for A$650 Million (Australia)

    9 September 2010
    Project & Tenders

    Santos has today executed an agreement with Total for the sale of a 15% interest in GLNG for A$650 million. In parallel, PETRONAS has also entered into an agreement to sell a 5% interest in GLNG to Total. Upon completion of the Santos and PETRONAS sale transactions, the ownership structure of GLNG will be: Santos […]

  • Vale Dam Collapse and Impact on Shipping

    28 January 2019
    Business & Finance

    The impact on the bulk market is first of all uncertainty.

  • South Korea: STX Offshore Builds Two Ice-Class LNG-Carriers for Sovcomflot and Gazprom

    19 June 2011

    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’ […]

  • CBM Asia Announces 2013 Work Program

    8 January 2013

    CBM Asia Development announced its 2013 work program designed to see first commercial gas flows, upgrade resources and potentially generate revenues. Following the exploration successes of 2012, 2013 work program is production orientated incorporating two production pilot programs, one in the Barito basin and the other in Central Sumatra, as well as dewatering activities at […]

  • KBR Income Decreases in 1Q 2013 (USA)

    26 April 2013
    Business & Finance

    KBR announced today that first quarter 2013 net income attributable to KBR was $88 million, or $0.59 per diluted share, compared to net income attributable to KBR of $91 million, or $0.61 per diluted share, in the first quarter of 2012. Consolidated revenue in the first quarter 2013 was $1.9 billion compared to $2.0 billion […]

  • UK: Subsea 7 S.A Director Wins The Outstanding Achievement Award at a Prestigious Event

    10 February 2011
    Business & Finance

      Mel Fitzgerald, Director of Subsea 7 S.A. and former Chief Executive Officer of Subsea 7, was last night recognised for his significant and positive impact on the subsea sector. The Outstanding Achievement award was made by Subsea UK at its annual Subsea Business Awards in Aberdeen, UK. Bill Edgar, Subsea UK’s Chairman, gave great […]

  • CNOOC plans to boost output over next three years while fostering energy transition initiatives

    11 January 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    CNOOC’s 2022 Business Strategy and Development Plan seeks to increase profit and oil & gas production while advocating green initiatives.

  • Empyrean setting the stage to drill another well off China

    4 May 2022
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders

    Empyrean has revealed its intention to proceed with the second phase of exploration off China by drilling another high-impact prospect.

  • MIT: New Design for Nuclear Plants Built on Floating Platforms

    18 April 2014
    Business & Finance

    Jacopo Buongiorno and others at MIT’s Department of Nuclear Science and Engineering are working on a new floating nuclear power plant concept that could provide enhanced safety, easier siting, and centralized construction. When an earthquake and tsunami struck the Fukushima Daiichi nuclear plant complex in 2011, neither the quake nor the inundation caused the ensuing […]

  • Prosafe Net Profit at $54.9 Mln

    22 August 2013
    Business & Finance

    Prosafe, the world’s leading owner and operator of semi-submersible accommodation vessels, today announced its second quarter results. Operating profit for the second quarter came to USD 83.2 million and net profit amounted to USD 54.9 million (up from 35.9 in the same period last year). The utilisation of the fleet was 84 per cent in […]

  • Bassoe: The offshore rig market should love China’s energy independence policy

    3 July 2019
    Exploration & Production

    With nearly 60 offshore rigs, China is doing everything it can to boost oil and gas production. And the country’s energy independence policy is keeping rig supply out of the global market.

  • Ensco fleet keeping busy with plenty of new contracts

    23 February 2018
    Business & Finance, Exploration & Production

    UK-based offshore drilling giant Ensco, which further expanded its rig fleet through an acquisition of the U.S.-based rival Atwood Oceanics, on Tuesday released its quarterly fleet status report, revealing a number of new contracts and extensions for its fleet.

  • CBM Asia Targeting 10-15 Tcf of Net Recoverable Resources

    10 May 2012

    CBM Asia Development said its strategic goal is to acquire, through joint ventures, farm-ins and PSC applications, a significant land position in Indonesia’s rapidly emerging coalbed methane industry with the potential to yield 10-15 Tcf of net recoverable resources. The company believes that Indonesia’s CBM industry continues to provide a unique investment opportunity.  Acreage acquisition […]

  • China: COSL Posts First Half 2011 Results

    24 August 2011
    Business & Finance

    China Oilfield Services Limited today announced its interim results for the six months ended 30 June 2011. Financial Highlights  Revenue reached RMB8,139.2 million  Profit from operations reached RMB2,607.2 million  Net profit reached RMB2,074.5 million Basic earnings per share were RMB46 cents During the first half of 2011, the world economy experienced challenges after challenges as […]

  • Canada: Husky Energy Announces Major Strategic Growth Initiatives

    30 November 2010
    Business & Finance

    Husky Energy Inc.announced today several cornerstone strategic initiatives intended to accelerate near-term production and reserve growth and to secure its medium and long-term growth opportunities. At the same time, the Company announced key elements of its financing plan, which is directed towards retaining its investment grade financial profile. “The initiatives announced today represent the culmination […]

  • Germany: Future Looks Bright for Linde Group

    29 July 2011

    The technology company The Linde Group continued to achieve profitable growth in the first half of 2011. “We are well on our way,” said Professor Dr Wolfgang Reitzle, Chief Executive Officer of Linde AG. “We’ve seen a strengthening of demand in both our gases business and our engineering business worldwide.” Reitzle is also confident about […]

  • COSL Announces First Half 2011 Results (China)

    24 August 2011
    Business & Finance, Operations & Maintenance

      China Oilfield Services Limited “COSL” or the “Group”, today announced its interim results for the six months ended 30 June 2011. Financial Highlights  Revenue reached RMB8,139.2 million  Profit from operations reached RMB2,607.2 million  Net profit reached RMB2,074.5 million Basic earnings per share were RMB46 cents During the first half of 2011, the world economy […]

  • Solid result SMIT in turbulent year

    4 March 2010

    • Harbour Towage: slow-down mainly compensated by repositioning of vessels. • Terminals achieves sharp profit growth caused by new contracts. • Salvage result at a high level due to settlement prior year cases. • Transport activities contribute well. • Heavy Lift fleet utilisation lower than previous year. • Process of merger with Boskalis on schedule […]

  • Germany: Future Looks Bright for Linde Group

    29 July 2011
    Business & Finance

    The technology company The Linde Group continued to achieve profitable growth in the first half of 2011. “We are well on our way,” said Professor Dr Wolfgang Reitzle, Chief Executive Officer of Linde AG. “We’ve seen a strengthening of demand in both our gases business and our engineering business worldwide.” Reitzle is also confident about […]

  • Rystad: Oil & gas exploration on the decline with global awarded acreage near all-time lows

    8 September 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    Rystad Energy forecasts that global oil and gas exploration spending and activities are expected to shrink even further this year.

  • Husky Energy Increases 2010 Cash Flow to $3.5 Billion (Canada)

    15 February 2011
    Business & Finance

      Husky Energy Inc. recorded a 42 percent increase in 2010 cash flow compared to 2009. The Company reported a 58 percent improvement to fourth quarter cash flow compared to the same period of 2009. Net earnings in the quarter were higher by 19 percent compared to the third quarter 2010 on the strength of […]

  • Brazil-bound seven-gen drillship all set for inaugural drilling job with Petrobras (Gallery)

    8 October 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    With upgrades and sea trials now out of the way, a newbuild ultra-deepwater drillship is ready to embark on a voyage to Brazil, where it will begin its maiden offshore drilling assignment with the South American country’s energy giant Petrobras. Once Eldorado Drilling, an offshore drilling player backed by a group of well-known Norwegian investors, […]

  • Chevron Announces $39.8 Bln Capital and Exploratory Budget for 2014

    12 December 2013
    Business & Finance, Research & Development

    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. The 2014 budget is approximately $2 billion lower than expected total investments for 2013. For the current year, total investments are […]