5805 results found for 'gorgon'

5805 results found for 'gorgon'
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  • 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 […]

  • 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 […]

  • Galway Group brings in more LNG experience

    24 September 2014

    Galway Group has expanded its global energy consulting presence with the addition of six seasoned energy experts. The new team members bring several decades of energy industry experience to Galway’s portfolio of global projects. Their commercial and technical backgrounds enhance Galway’s techno-commercial capabilities across the natural gas, LNG, and power value chains, Galway Group said […]

  • Australia: LNG exports to rise 40 percent in 2016-17

    7 October 2016

    Australia’s LNG export volumes are expected to increase by 40 percent year on year to 51 million tonnes in fiscal 2016–17, according to the country’s Department of Industry, Innovation and Science. An additional 15 million tonnes of LNG export capacity is expected to be completed by mid- 2017, bringing total operational capacity to around 66 […]

  • 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.

  • 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 […]

  • 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.

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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. 

  • Wheatstone LNG to begin production next month, Chevron’s CEO says

    28 July 2017

    The Chevron-led Wheatstone LNG project west of Onslow, Australia is expected to start production next month, Chevron’s chairman and CEO John Watson said on Friday. 

  • Svitzer Sets Growth Goals

    24 August 2015
    Business & Finance

    Maersk’s towage specialist Svitzer is planning to secure greater foothold in two strategic markets in Asia, Middle East and Africa (AMEA) and Americas, the company said. Both regions are of smaller weight in Svitzer’s portfolio, but have substantial growth opportunities. The AMEA region today covers a huge geographical area from the Russia Pacific Coast to […]

  • Chevron 3Q Profit Down $2.5 Billion (USA)

    2 November 2012
    Business & Finance

    California-based supermajor Chevron, today, November 2, reported third quarter 2012 earnings of $5.3 billion, a decrease of $2.5 billion compared to the $7.8 billion earned in the 3Q 2011. The oil major explained the numbers were lower than the previous year ones because of the decreased oil prices and reduced oil and gas production in […]

  • Thiess Secures Contract for Wheatstone Project in Western Australia

    23 December 2011
    Business & Finance, Project & Tenders

    Thiess has won a $60 million contract to deliver infrastructure for the Chevron-operated Wheatstone Project in Western Australia. Thiess will construct a 1.2 kilometre long tunnelled shore crossing under the ocean which will connect two offshore gas reserves with Chevron’s greenfield LNG plant at Ashburton North near Onslow in the state’s north west. Managing Director […]

  • USA: CB&I Net Income at USD 255 Million

    24 February 2012

    CB&I reported net income for the fourth quarter of $70.5 million, versus $63.2 million in 2010. Revenue for the quarter was $1.3 billion, with new awards of $772.4 million. For the full-year, net income was $255.0 million. CB&I’s consolidated 2011 revenue was $4.6 billion, up 25% over 2010. Cash and cash equivalents as of December […]

  • Australia’s LNG exports jump in June

    12 July 2016

    Liquefied natural gas exports from Australia jumped 18.5 percent in June, according to a report by an Australian-based energy analyst, EnergyQuest.