5058 results found for 'Indonesia'

5058 results found for 'Indonesia'
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  • IMO fails to adopt more ambitious 2050 target

    16 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    The IMO failed to adopt a concrete shipping decarbonisation target for shipping this week following the Marine Environment Protection Committee (MEPC 79) meeting that ended earlier today. The support from the member countries for eliminating the industry’s emissions by 2050 and for setting interim targets to achieve this goal is increasing with 10 members still […]

  • Q3 Trading Update: Royal Boskalis Westminster N.V. Maintains Full Year Outlook (The Netherlands)

    18 November 2011
    Business & Finance

    The third quarter at Royal Boskalis Westminster N.V. was in line with the 2011 first half, putting Boskalis on track to close the year in line with expectations with a net profit of € 230-250 million. Revenue in the third quarter was slightly higher than in the first two quarters of the year. At the […]

  • USA: Hess Reports Net Profit of USD 566 Million

    30 January 2013

    Hess Corporation reported net income of $566 million for the fourth quarter of 2012, compared with a net loss of $131 million for the fourth quarter of 2011. The after-tax income (loss) by major operating activity was as follows: Exploration and Production earnings were $517 million in the fourth quarter of 2012. compared with $527 […]

  • Australia: ETU Condemns Bechtel Over Asbestos Exposure at Gladstone LNG Plants

    2 August 2012

    The ETU is demanding an investigation into American multinational Bechtel over issues including; asbestos exposure, failure to employ a number of qualified locals and not supporting Australian manufacturing. The attack comes as the ETU revealed it has confirmed evidence that at least 90 members have been exposed to the deadly carcinogenic white asbestos at Bechtel’s […]

  • 69 NGOs urge IMO to exclude biofuels from Global Fuel Standard

    17 February 2025
    Outlook & Strategy, Regulation & Policy

    The International Maritime Organization (IMO) and its 176 member states have been urged by 69 conservation NGOs to oppose the promotion of biofuels in international shipping and commit to a future powered by ‘genuine’ clean energy.

  • The Netherlands: Newbuild Self Elevating Platforms JB-115 and JB-117 Get Their First Contract

    23 August 2011

    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, currently being outfitted at the Graha yard. The contract is valued at in excess of EUR 100 million. Both platforms will be deployed in the BARD Offshore 1 offshore wind farm – […]

  • Chevron Allocates $35.8B for Exploration and Production in 2014

    12 December 2013

    Chevron Corporation has 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 […]

  • INTERVIEW: Hoegh LNG eyes eight FSRU, CEO says

    26 February 2015
    Vessels

    Oslo-based Höegh LNG, which has been involved in the LNG industry for more than 40 years, has been putting a lot of effort in its floating LNG business, with the last order in November of 2014 bringing the company’s FSRU fleet size to seven in operation or under construction. In an interview with LNG World […]

  • Australia to lead Asia Pacific’s oil & gas FID surge in 2020, Woodmac says

    19 December 2019

    After a dearth of project sanctions in the last few years, Australian project FIDs are back

  • Three Noble rigs coming back from warm-stack for new gigs

    12 March 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Noble Corporation has won several new contracts for its fleet of drilling rigs, which will see three of its units come back from the warm-stack mode.

  • Cyprus: Prosafe’s 3Q Operating Profit Down on Lower Contribution of Safe Bristolia

    2 November 2011
    Business & Finance

    Operating profit for the third quarter came to USD 69 million and net profit amounted to USD 62.8 million. The utilisation of the rig fleet was 91 per cent. Financials (Figures in brackets refer to the corresponding period of 2010) Operating profit for the third quarter amounted to USD 69.0 million (USD 83.0 million). Utilisation […]

  • USA: Chevron Reports Fourth Quarter Net Income of $5.3 Billion

    28 January 2011

    Chevron Corporation today reported earnings of $5.3 billion ($2.64 per share – diluted) for the fourth quarter 2010, compared with $3.1 billion ($1.53 per share – diluted) in the 2009 fourth quarter. Results in the 2010 period included gains of nearly $400 million from downstream asset sales. Foreign currency effects decreased earnings in the 2010 […]

  • 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 […]

  • ITF accuses North Sea oil majors of secretive tax evasion schemes

    25 August 2016

    London-based International Transport Workers Federation (ITF) has released a report showing alleged secretive corporate structures and aggressive tax evasion schemes used by Chevron and other major North Sea oil producers. ITF, a global union federation representing around 700 unions and more than 4.5 million transport workers from 150 countries, released its report named “Offshore Oil, Offshore Tax” […]

  • New Investment in Global Clean Energy Sector Rises by 14 Pct

    16 April 2014
    Business & Finance, Research & Development

    Clean Energy Pipeline has released its preliminary analysis of venture capital, private equity, project finance, mergers and acquisitions and public markets activity during 1Q14 in the clean energy sector. New investment in the global clean energy sector totalled $61.0 billion in 1Q14, representing a 14% increase on the $53.4 billion invested in the corresponding period […]

  • Diamond Offshore’s contract backlog hits $1.9 billion amid tightening rig supply and demand dynamics

    9 May 2024
    Business & Finance, Business Developments & Projects, Operations & Maintenance, Project & Tenders

    After enlarging its contract backlog by $713 million in 1Q 2024,Diamond Offshore is determined to expand its backlog further.

  • South America to stay ‘key region for high-impact exploration’, Westwood says in 2023 outlook

    12 January 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders

    High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy market research and consultancy firm Westwood reports, explaining that this is due to higher oil prices not having fed through into more exploration. South America is set to continue to be […]

  • Singapore’s 1st fully electric cargo vessel, the Hydromover, hits the water

    23 November 2023
    Business Developments & Projects, Green Marine, Vessels

    The Goal Zero Consortium, comprising companies such as SeaTech Solutions International (S), Shift Clean Energy, and Yinson GreenTech, has launched Singapore’s first fully electric cargo vessel, the Hydromover. The milestone launch was revealed by the CEO of the Maritime and Port Authority (MPA) of Singapore, Eng Dih Teo, saying that more electric vessels are expected […]

  • Gulf Capital Invests in Oil & Gas Services Company OCB (UAE)

    14 February 2013

    Gulf Capital, one of the leading and most active private equity firms in the Middle East, announced  that it has invested in a significant majority stake of OCB Oilfield Services FZCO(“OCB”), the leading Oil & Gas crew supply and related logistics provider in the Middle East, South East Asia and Africa. OCB is specialised in […]

  • Apache Promotes Executives to Support Growth (USA)

    25 January 2013
    Business & Finance

    Reflecting its expanding worldwide operations, Apache Corporation has promoted executives to lead new growth initiatives. Since 2010, Apache has completed more than $16 billion in acquisitions across its global portfolio. In addition, Chevron recently joined the Kitimat LNG project — a move that is expected to help Apache monetize two of the largest natural gas […]

  • Advertorial: Collaboration is the key to success

    30 March 2016

    With the continuously falling oil prices and competition from emerging markets, offshore companies are seeking new solutions.

  • BP Q1 Profit Down (UK)

    30 April 2013

    BP announced its financial results for the first quarter of 2013. Underlying replacement cost profit for the quarter was $4.2 billion, compared to $3.9 billion in the fourth quarter and $4.7 billion in the first quarter of 2012. Operating cash flow in the quarter was $4.0 billion, compared with $3.4 billion in the first quarter […]

  • Sembcorp Marine’s steel fabrication facility to boost productivity

    10 September 2014
    Business & Finance, Equipment

    The multi-functional steel fabrication facility will significantly enhance automation and productivity at offshore rig building, conversion and production and ship-repair businesses.

  • Duna Group: PIR Foam in LNG Tanks as Corner Protection (Italy)

    5 November 2013

    At almost 50 years from the put in operation of the first LNG plant in the world (GL4Z Arzew – Algeria 1964), it is possible to make significant considerations on technological evolution that has accompanied the awareness and the role of LNG as a viable alternative to traditional energy sources (primarily the oil), starting from […]