5818 results found for 'gorgon'

5818 results found for 'gorgon'
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  • Wood Group signs ten-year master service deal with Chevron

    17 May 2017
    Business & Finance

    UK-based energy services company Wood Group has signed a ten-year master services agreement (MSA) with U.S. oil major Chevron. Wood Group said on Wednesday that the new deal would allow it to deliver conceptual engineering, pre-front-end engineering design (pre-FEED), FEED, detailed design, and procurement services in multiple locations across Chevron’s global onshore and offshore asset […]

  • Petronet buys stake in Prachi LNG carrier

    14 February 2017
    Vessels

    Petronet LNG, India’s largest importer of liquefied natural gas, has acquired a 26 percent stake in a consortium owning the 173,000-cbm LNG carrier Prachi, India LNG Transport.

  • Chevron’s profit plunges 90 pct

    31 July 2015

    Oil and gas giant Chevron said its second-quarter profit was at $571 million, down 90 percent as compared to 2014. Sales and other operating revenues in second quarter 2015 were $37 billion, compared to $56 billion in the year-ago period. “Second quarter financial results were weak, reflecting a crude price decline of nearly 50 percent […]

  • Voluntary retirement payouts deepen Hyundai’s 1Q net loss

    28 April 2015
    Business & Finance, Exploration & Production

    South Korean ships and drilling rigs builder Hyundai Heavy Industries has reported its net loss for the 1Q of the year widened to 125.2 billion ($117.2 million) won from 37.9 billion won ($35.5 million) quarter on quarter. The company’s sales declined 11.7 % quarter-on-quarter from 13.8461 trillion Korean won ($12.95 billion) to 12.2281 trillion won ($11.44 billion), due to a […]

  • TechnipFMC posts smaller profit, revenues

    26 July 2018
    Business & Finance

    Oilfield services provider TechnipFMC recorded a decrease in both profit and revenues during the second quarter of 2018 compared to the last year’s quarter while at the same time recording the largest quarterly inbound to date for the company.  TechnipFMC informed on Wednesday that the total company net income was $105.7 million in 2Q 2018, a decrease […]

  • Tap Oil: Bianch-1 Well Reaches 1,834m Depth (Australia)

    23 April 2013
    Business & Finance, Project & Tenders

    Tap Oil, an independent oil and gas exploration company from Australia, has provided the following update of the Bianchi-1 gas appraisal well in Retention Lease WA-49-R, located off Western Australia. During the period from 0600 hours (AWST) on 15 April 2013 to 0600 hours (AWST) on 23 April 2013, the Bianchi-1 well drilled to a […]

  • Australia: Clough Sells Marine Construction to SapuraCrest

    22 December 2011
    Business & Finance

    Engineering and construction company Clough Limited  today announced that it has completed the sale of its Marine Construction business to SapuraCrest Petroleum Berhad for gross proceeds of approximately AUD 127 million and on the terms agreed and announced on August 8. Clough’s offshore Marine Construction Division includes the derrick lay barge, Java Constructor, and associated […]

  • Hyundai Heavy Bags $900 million Deal for Barzan Gas Project Off Qatar

    11 January 2011
    Business & Finance

    Hyundai Heavy Industries, the world’s No.1 shipbuilder, received a letter of award (LOA) on January 11 for a $900 million deal to execute the offshore part of Barzan Gas Project in Qatar. Following the LOA, the official contract will be signed later in January. The project will be located 80 km northeast of Ras Laffan […]

  • Tap Oil: Bianchi-1 Well Holds 128m of Gas Pay (Australia)

    28 June 2013

    The Apache-operated Bianchi-1 well, in the WA-49-R retention lease in the offshore Carnarvon Basin, Australia, today reached a final total depth of 5,380 metres and wire line logging  operations started. According to Tap Oil, which owns a 10% share in the project, from 4,777 metres to the total depth, the data acquired to date (LWD logs) indicates several sandstone […]

  • Chevron expands exploration acreage off Western Australia

    5 October 2017

    Chevron Australia acquired exploration interests in three offshore blocks located in the Northern Carnarvon Basin off the Western Australia coast.

  • Chevron secures new acreage off Australia

    20 February 2017

    US-based energy giant Chevron, has paid A$3 million (Approx: US$2.3 million) for a cash bid permit to secure the right to explore an area off the Western Australian coast for the next six years.

  • Chevron posts $1.5 billion loss in Q2

    29 July 2016

    U.S.-based energy giant and LNG player Chevron posted on Friday a loss of $1.5 billion for second quarter this year, compared with earnings of $571 million in the same period a year before. The second-quarter results included impairments and other non-cash charges totaling $2.8 billion. Chevron said in its statement that sales and other operating […]

  • Chevron Australia Ups Stake in Carnarvon Basin Fields

    20 August 2012

    Chevron Corporation today announced that its Australian subsidiary has reached an agreement to exchange its holdings in the Browse development for Shell Development (Australia) Pty Ltd’s interests in the Clio and Acme fields in the Carnarvon Basin offshore northwest Australia. Under the agreement, subject to regulatory and other approvals, Chevron will exchange its 16.7 percent […]

  • Write-offs push Chevron into fourth-quarter 2019 loss

    3 February 2020

    Chevron, the US-based energy company and the operator of the giant Gorgon and Wheatstone LNG projects in Australia, reported a slip in its quarterly profit impacted by $10.4 billion in write-offs. 

  • ABB to provide power from shore for Jansz-Io field

    19 August 2021
    Business & Finance, Business Developments & Projects, Project & Tenders, Technology

    A power and automation technology specialist ABB has been hired by Chevron and Aker Solutions to provide power from shore and subsea long step-out to Jansz-Io field offshore Australia.

  • Top News of 2013

    31 December 2013
    Equipment, Project & Tenders, Research & Development, Vessels

    Australia: QGC Provides QCLNG Project Update (VIDEO) QGC, a BG Unit and operator of the QCLNG project, has released a new video showcasing the construction and shipping of modules from Thailand to Curtis Island, where the LNG project is located. VIDEO: From Plant to Plant – The LNG Process Woodside of Australia posted a video […]

  • Awilco LNG’s freight income down

    13 May 2016

    Oslo-based LNG shipping company, Awilco LNG, reported a first quarter freight income of US$8.9 million, down from $12.1 million in the same quarter the previous year.

  • WA Premier Hails Start of Work on Wheatstone LNG (Australia)

    1 December 2011

    Premier and State Development Minister Colin Barnett has hailed the start of site works for Chevron’s $29billion Wheatstone LNG project as an exciting milestone for Western Australia. Mr Barnett today attended a groundbreaking ceremony on the State Government’s Ashburton North Strategic Industrial Area, near the small Pilbara coastal town of Onslow. The Premier congratulated Chevron […]

  • Australia’s Sep LNG exports down on month

    10 October 2017
    Ports & Logistics

    Australian LNG exports fell sharply in September to 4.2 million mt, down 0.9 million mt from the previous month, according to a monthly report by the energy consultancy, EnergyQuest. Australian LNG export projects shipped a total of 63 cargoes in September, compared to 76 cargoes in August. West coast LNG projects shipped 2.4 million mt […]

  • Shell completes buy of three blocks off Colombia

    29 December 2020
    Business & Finance, Business Developments & Projects

    Oil major Shell has completed a 50 per cent stake acquisition in three Colombian deepwater oil and gas blocks from Ecopetrol.

  • Chevron pitches shared development of Australia’s Carnarvon basin

    16 May 2018

    Chevron, the US-based energy company and the operator of the giant Gorgon and Wheatstone LNG projects in Australia, called for a shared development of the Carnarvon basin. 

  • Chevron posts sharp rise in profit ahead of Wheatstone start-up

    28 July 2017

    Chevron has reported a net income of $1,45 billion for the second quarter of the year, a substantial leap from a loss of $1,47 billion a year ago. The result was boosted by an $853 million contribution from the upstream segment, which in 2Q 2016 recorded a loss of $2,46 billion. “Second quarter results improved […]

  • JGC, COOEC sign 5-year modules pact

    27 April 2018
    Business & Finance, Equipment, Infrastructure

    JGC Corporation has signed a cooperation agreement with China’s Offshore Oil Engineering Co. (COOEC).

  • WAMSI Presents Dredging Science Node Report

    22 August 2019
    Business & Finance

    The Western Australian Marine Science Institution (WAMSI) recently released a report on one of the largest single-issue environmental research programs in Australia that gained unprecedented access to industry dredging data. The findings from the five-year WAMSI Dredging Science Node (DSN), are contributing to increased confidence, timeliness and efficiency of the environmental approval and regulatory processes […]

  • Shell sells Greater Sunrise interest to Timor-Leste

    21 November 2018

    Shell Australia and the Government of Timor-Leste have entered into a sales and purchase agreement (SPA) for the sale of Shell’s 26.56 percent interest in the Greater Sunrise fields.