5037 results found for 'Indonesia'

5037 results found for 'Indonesia'
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  • Stena’s New Tanker Digitally Named

    19 January 2018
    Business & Finance

    Tanker shipping company Stena Bulk has held a digital naming ceremony for Stena Immortal, a 50,000 dwt tanker. 

  • Australia: Neptune Sells Multi Role Construction & Support Vessel

    19 April 2011
    Business & Finance

      Neptune Marine Services Limited  today announced that its wholly owned Singapore subsidiary, Neptune Marine Pacific Pte Ltd (Neptune Pacific), has signed a Memorandum of Agreement with PT Wintermar, of the Indonesian listed PT Wintermar Offshore Marine group, for the sale of the Neptune Trident vessel. Under the terms of the agreement Neptune Pacific will […]

  • RH Petrogas: Drilling Starts Offshore West Papua

    2 December 2013

    Singapore’s RH Petrogas Limited, engaged mainly in the business of exploration, development and production of oil and gas resources, has commenced the drilling of the Koi-2 appraisal well on 29 November 2013 in the offshore area of the SalawatiKepala Burung PSC using the Bohai-8 jack-up rig. The Basin PSC is located in West Papua and covers an area […]

  • Vallourec to deliver $100M worth of pipes to Total in Brunei

    7 March 2014
    Business & Finance, Equipment

    Vallourec, a provider of tubular solutions, has been awarded a $100 million contract for the supply of premium pipes with VAM® 21 connections for the offshore ML-South Project, operated by Total’s affiliate Total E&P Borneo in Brunei. After a successful exploration campaign started in 2007, Total has a drilling program starting with 6 development wells from 2015. ML-South is […]

  • Singapore: Otto Marine to Build Two AHTS Vessels

    11 March 2013

    Otto Marine Limited, a leading offshore marine company which specializes in building complex offshore support vessels, repairs, conversion and fabrication and ship chartering, announced that the Group has secured new shipbuilding orders for building two offshore vessels for a total value of US$27.8 million. The new shipbuilding contracts are for constructing two identical units of […]

  • Cyprus: Songa Offshore Provides August Fleet Update

    13 September 2011
    Business & Finance

    Songa Offshore, Cyprus-based offshore drilling company, provides fleet update for August 2011. Songa Venus remained warm stacked in Labuan, Malaysia during the month. The rig continued undergoing maintenance and operational preparedness for the upcoming one year contract with Petronas in Malaysia. Commencement has been delayed due to late arriving equipment and is now estimated to […]

  • Neptune Announces Sale of Neptune Trident Vessel (Australia)

    19 April 2011
    Business & Finance

    Neptune Marine Services Limited announced that its wholly owned Singapore subsidiary, Neptune Marine Pacific Pte Ltd (Neptune Pacific), has signed a Memorandum of Agreement with PT Wintermar, of the Indonesian listed PT Wintermar Offshore Marine group, for the sale of the Neptune Trident vessel. Under the terms of the agreement Neptune Pacific will sell the […]

  • Gas rush paints LNG as energy transition’s trump card to low-carbon future

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

    Gas has solidified its position at the top of the energy pyramid, thus, the pursuit for more natural gas and LNG is in full swing.

  • CMB Cancels Four Bulker Orders

    27 August 2014
    Business & Finance

    CMB, Belgian dry bulk shipping company, said on Tuesday that it had decided to cancel the orders for four vessels with South Korean shipbuilder Samjin as the yard was not able to respect the contractually determined delivery dates. The newbuilds relate to hulls 1052, 1053, 1054 and 1055, according to the company. An amount of […]

  • “K” LINE INDIA Commences Management of Bulk Carrier Operations

    27 September 2011
    Business & Finance

    Kawasaki Kisen Kaisha, Ltd., Tokyo announces that “K” LINE (INDIA) PRIVATE LIMITED will commence management of bulk carrier operations (post fixture) from India. Currently, five CVCs (Panamax and Post Panamax) and one COA contract (Panamax) have been serving JSW Group’s coal requirements. All operational work of these bulk carriers, which was earlier handled by “K” […]

  • Royal Moroccan Navy’s SIGMA Class Frigate Starts Sea Acceptance Trials

    23 November 2011
    Business & Finance

    The 98 meters long SIGMA class frigate, the second built by Damen Schelde Naval Shipbuilding for the Royal Moroccan Navy, left Vlissingen on the 18th of November for her sea acceptance trials (SAT) in the North Sea, right on schedule as agreed in the contract. During the SAT, a very intensive program will be carried […]

  • Pacific Basin Shipping Issues Profit Warning

    14 January 2015
    Business & Finance

    Hong Kong-listed dry bulk carrier Pacific Basin Shipping Limited has issued a profit warning saying it expects to record a significant non-cash provision of over USD 130 million in its consolidated 2014 results. These relate to approximately USD 101 million for inward chartered vessel contracts and USD 31 million relating to the fair value change […]

  • IEA: Fast-Growing Energy Use in Southeast Asia to Be Felt Well Beyond Region

    2 October 2013

    As fast-growing energy use in Southeast Asia leads to a sharp rise in the region’s dependence on oil imports and a reduction in its surplus of natural gas and coal for export, the International Energy Agency (IEA) today urged countries in the region to take serious action to improve energy efficiency. “Southeast Asia is, along […]

  • Former Coastal Energy CEO becomes MD of AziPac

    13 August 2014
    Business & Finance

    AziPac Ltd., a Seacrest Capital Group backed E&P company, focused on South East Asia and Bay of Bengal, has appointed Frank Inouye as Managing Director, with immediate effect. Inouye brings over 34 years of industry experience to AziPac and the wider Azimuth and Seacrest Group. He has worked in Australia, Asia, North Africa, Canada and South America and, […]

  • Italy: Saipem Clinches Multiple Drilling Contracts

    26 March 2012
    Business & Finance

    In offshore drilling, Saipem has been awarded by Eni an extension of its contract for the charter of the semisubmersible drilling rig Scarabeo 7, for drilling activities in Indonesian waters.

  • Saipem Seals Conversion Deal for Two VLCCs

    21 July 2014
    Business & Finance

    Saipem SA, France has signed a Floating Storage Production Offloading (FPSO) conversion contract worth about S$600 million (USD $483.2 million) with Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard.   Under the contract, the shipyard is responsible for the conversion of two Very Large Crude Carriers (VLCCs) sister ships into 2 turret-moored FPSOs for the Kaombo project […]

  • Damen Schelde Naval Shipbuilding Delivers SIGMA Class Frigate to Royal Moroccan Navy

    12 September 2011

    After successful seatrials and finishing of outfitting details, SIGMA Class Frigate Tarik ben Ziyad, built by Damen Schelde Naval Shipbuilding (DSNS) in Vlissingen, today was transferred to Rear Admiral Mohamed Laghmari, Commander in Chief of the Royal Moroccan Navy. Once again DSNS has proven to be a highly reliable partner as the ship was delivered […]

  • Nova Innovation ups tidal power tempo with €2.5M EIC grant

    16 December 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Innovation, Outlook & Strategy, Regulation & Policy, Technology

    Scottish tidal energy company Nova Innovation has secured €2.5 million to build an upscaled tidal energy turbine, expected to further slash the cost of tidal power.

  • Aquatera appoints new director as it undergoes major restructuring

    29 April 2021
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Orkney-based environmental and sustainable energy company Aquatera has embarked on a major restructuring of its activities to create a new Aquatera Group structure covering the 15 businesses that it operates and participates in.

  • Damen Schelde Naval Shipbuilding Delivers SIGMA Class Frigate to Royal Moroccan Navy

    12 September 2011
    Business & Finance

      After successful seatrials and finishing of outfitting details, SIGMA Class Frigate Tarik ben Ziyad, built by Damen Schelde Naval Shipbuilding (DSNS) in Vlissingen, today was transferred to Rear Admiral Mohamed Laghmari, Commander in Chief of the Royal Moroccan Navy. Once again DSNS has proven to be a highly reliable partner as the ship was […]

  • Iran claims marine pollution behind detention of Korean tanker

    5 January 2021
    Authorities & Government, Regulation & Policy, Vessels

    Iran has seized a South Korean chemical tanker Hankuk Chemi citing oil pollution in the Persian Gulf. The tanker was reportedly underway to Fujairah, in the UAE, from the Saudi city of Al-Jubail on Monday when it got detained. The Iranian Foreign Ministry said the reason behind the detainment was strictly technical and that the […]

  • Low Freight Rates Affect CBM’s Q1 Results

    25 April 2014
    Business & Finance

    The executive committee of Compagnie Maritime Belge (CBM), a maritime group seated in Antwerp, has reviewed the results recorded for the first quarter of 2014. The consolidated result for the first quarter 2014 amounts to USD – 3. 1 million. Bocimar, the company’s dry cargo transport arm,  contributes USD -4.3 million to the consolidated result […]

  • Ophir exits exploration block offshore Mexico despite discovery

    17 May 2019

    Ophir Energy has signed a sales and purchase agreement relating to the sale of its 23.33% interest in Block 5 (Cuenca Salina), offshore Mexico, to the existing partners in the block.

  • BARD Group Hires JB 117 Jack-Up Barge (Germany)

    10 May 2012
    Business & Finance

    The BARD Group is intensifying its construction activities in the development site of BARD Offshore 1, the first commercial offshore wind farm in the North Sea located around 100 kilometres off the island coast of Borkum. From now on, the JB 117 belonging to the Dutch company Jack-Up Barge B.V. will be used for the […]

  • Chevron Names New Corporate VP of Strategic Planning

    6 August 2013
    Business & Finance

    Chevron Corporation has named Joe M. Naylor corporate vice president of Strategic Planning, effective immediately. Naylor succeeds Charles (Chuck) A. Taylor, 55, who was previously appointed managing director for the company’s IndoAsia Business Unit in the international upstream business. In his new role, Naylor, 52, will oversee the setting of strategic direction for the company, […]