Search results for: Malay Basin

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  • 20 August 2017

    One of the biggest conundrums in ship owners’ and ship designers’ offices today is which will be the fuel for ships of tomorrow. Recently, the IMO set the date for the use of lower sulphur fuels worldwide for 2020. Fuel prices have always been rather volatile, but the last few years seem like a rollercoaster […]

  • 30 June 2020
    Market outlooks, Outlook & strategy, Transition, Vision

    The COVID-19 pandemic has been an eventful time during which many steps were taken by governments, political organizations, the EU, and oil companies to plan a faster, more efficient, and more impactful energy transition. Here we look at a sequence of events working in favour of the transition to greener energy during the coronavirus pandemic.

  • 21 July 2020
    Business & Finance, Business developments & projects, Market outlooks, Outlook & strategy

    What will happen next in the upstream M&A and what direction will it take? Is now the time to go on the first buying spree after the COVID-19 outbreak and get the high-value goods at a bargain price? Chevron might agree.

  • 3 November 2011
    Business & Finance

    Ensco plc reported diluted earnings per share from continuing operations of $0.88 for third quarter 2011, compared to $0.92 per share in third quarter 2010. There were no discontinued operations in third quarter 2011. Losses from discontinued operations in third quarter 2010 were $0.01 per share related to a rig that was reclassified as held […]

  • 25 October 2011

    As BP announced its financial results for the third quarter of 2011 group chief executive Bob Dudley today set out more details on BP’s future direction and strategic priorities, saying the company had reached a clear turning point. Progress made through 2011 in reshaping and focussing the company is creating a stronger and safer BP, […]

  • 4 February 2014

    BP today announced its financial results for the fourth quarter and full year of 2013. Underlying replacement cost profit for the fourth quarter was $2.8 billion, compared with $3.9 billion for the fourth quarter of 2012. Full-year underlying replacement cost profit was $13.4 billion for 2013, compared with $17.1 billion for 2012.   Compared with the […]

  • 19 February 2012

    “I am actually quite worried”, states marine ecologist Marc Lavaleye of the Deep Sea Science & Technology Center in Texel, the Netherlands. He is referring to the consequences to the environment when regarding the deep sea mining developments. Technology is one half of the equation, how do we get to and extract the manganese nodules […]

  • 21 July 2014
    Business & Finance

    The shipping industry has been sailing on some rough tides and is still facing challenging times ahead as the industry players gear up for ever stringent regulations. Having that in mind, it seems that the time has come for a stronger unity between the relevant stakeholders. As a result, it may be the time to […]

  • 6 March 2015

    Despite great strides made by the international women’s rights movement over many years, women around the world are still facing restrictions in the energy industry; specifically within oil & gas. 440,000 people in the UK employed within the energy sector, only 3.7% were female. Undoubtedly the oil & gas industry is heavily dominated by men […]

  • 28 February 2012
    Business & Finance

    A.P. Moller – Maersk Group, a worldwide conglomerate, releases 2011 annual report with revenue increased by 7% to USD 60.2bn (USD 56.1bn), positively affected by higher oil prices and container volumes but offset by lower container freight rates. Profit was USD 3.4bn (USD 5.0bn) and thus in accordance with the latest announced outlook of USD […]

  • 25 October 2011
    Business & Finance

    As BP announced its financial results for the third quarter of 2011 group chief executive Bob Dudley today set out more details on BP’s future direction and strategic priorities, saying the company had reached a clear turning point. Progress made through 2011 in reshaping and focussing the company is creating a stronger and safer BP, […]

  • 10 September 2015

    After a tough year, the Egyptian government recently received some good news. Italy’s ENI announced that it has discovered the “largest ever” offshore natural gas field in the Mediterranean off the Egyptian coast.

  • 25 May 2010

    With the aim of promoting the sound development of China’s offshore wind industry, Chinese Renewable Energy Industries Association (CREIA), Global Wind Energy Council (GWEC) and Shanghai International Exhibition Co., Ltd (SIEC), a subsidiary of China Council for the Promotion of International Trade, Shanghai Sub-council once again join forces to build Asia’s first professional platform focused […]

  • 17 April 2014
    Business & Finance

    PLS Inc., a leading Houston-based research, transaction and advisory firm, in conjunction with its international partner Derrick Petroleum Services, reports that global upstream oil and gas M&A activity for Q1 2014 totaled $40.7 billion spread across 192 transactions (including 133 with deal value disclosed)

  • 26 September 2016

    The largest of the Dutch Wadden Sea Islands, Texel, is connected by a modern ferry service from Den Helder. The service has been operated since 1907 by ship owner Texels Eigen Stoomboot Onderneming (TESO), which is a company owned almost entirely by the inhabitants of the island Texel. The fleet exists out of two vessels. […]

  • 30 January 2014

    ConocoPhillips today reported fourth-quarter 2013 earnings of $2.5 billion, or $2.00 per share, compared with fourth-quarter 2012 earnings of $1.4 billion, or $1.16 per share. Excluding special items, fourth-quarter 2013 adjusted earnings were $1.7 billion, or $1.40 per share, compared with fourth-quarter 2012 adjusted earnings of $1.8 billion, or $1.43 per share. Special items for […]

  • 15 May 2013
    Business & Finance, Operations & Maintenance

    Antrim Energy Inc. (“Antrim” or “the Company”), an international oil and gas exploration and production company, reported its financial and operational results for the three month period ended March 31, 2013. All financial figures are unaudited and in US dollars unless otherwise noted. HIGHLIGHTS: – Causeway production rates average gross 3,336 bbls/day (net 976 bbls/day) […]

  • 15 March 2013

    Hartel Shipping & Chartering, founded in 1990, and Hudig & Veder, a logistics service provider with a history going back to 1795, jointly provide a service trading breakbulk and project material between Northern European ports and the East Mediterranean. Combining each company’s strengths, they offer practically door-to-door shipping from basically any type of cargo which […]

  • 22 March 2018

    In a room packed with oil and gas industry players, Hanssen adressed what she said were her four favorite topics, the energy transition, the importance of oil and gas, the role of technology and her passion for it but also digitalization, artificial intelligence, and big data.

  • 12 May 2016

    Written by Shiva Polefka, Policy Analyst for the Center for American Progress’ Ocean Policy program.  The thin coastal fringe of the United States comprises a tiny proportion of the nation’s total land area but supports a huge share of its business. Coastal and Great Lakes counties alone—just 10 percent of U.S. land area, excluding Alaska—generated more […]

  • 8 July 2020
    Human Capital

    The maritime sector is the backbone of the global supply chain, with 90 per cent of the world trade, from fish that we eat for dinner to gas for our cars, being carried by sea from one part of the world to another. Keeping global trade moving during the COVID-19 pandemic has been one of […]

  • 15 June 2012

    Silence and tranquillity aboard a seagoing monster machine that uses a more than one metre wide drill head to blast into sub sea rocks: it seems an illusion. Yet, this is what Loggers’ shock, vibration and noise control achieves with automated air suspension. Comfort and healthy working conditions for the crew aboard such heavy machinery […]