5805 results found for 'gorgon'

5805 results found for 'gorgon'
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  • Chevron Executive VP of Upstream to Retire

    1 April 2015
    Operations & Maintenance

    Chevron has confirmed that George L. Kirkland, vice chairman and executive vice president, Upstream, will retire from the company, effective June 15. He will be succeeded by James W. (Jay) Johnson, as executive vice president, Upstream, effective June 16. “George’s business acumen and deep operational knowledge of our industry have helped create enormous value for Chevron […]

  • Australia: Chevron, Kyushu Electric Seal Wheatstone Deal

    16 September 2011
    Business & Finance

    Chevron Corporation today announced that its Australian subsidiaries have signed a Sale and Purchase Agreement (SPA) with Kyushu Electric Power Co. for the delivery of liquefied natural gas (LNG) from the Wheatstone Project in Western Australia. Under the binding agreement, Chevron, together with Apache and Kufpec, will deliver up to 0.7 million tons per annum […]

  • Shell’s Q4 profit surges, LNG sales rise

    1 February 2018

    Profits at the Hague-based LNG giant Shell more than doubled in the fourth quarter, driven by higher oil, gas and LNG prices. Shell’s earnings on a current cost of supplies (CCS) basis rose to $4.3 billion, or 47 cents per share, for the three months ending in December, topping analysts’ forecasts. This compares with $1.8 […]

  • GasLog Partners posts higher profit

    28 April 2017

    GasLog Partners, the New York-listed spinoff of LNG shipper GasLog reported a rise in profit for the first quarter of this year.

  • Steelhead LNG appoints Ernest Buchan as projects director

    21 August 2014

    Steelhead LNG said that Ernest Buchan has joined the Vancouver-based company as Projects Director. As Projects Director reporting to Steelhead LNG’s Vice President, Technical, Ian Hill, Buchan will build and lead an experienced project team that will work with industry partners and contractors to help them evaluate and develop LNG project opportunities through pre-FEED (front end […]

  • Australian LNG exports hit record highs in October, report says

    14 November 2016

    Australia’s monthly LNG exports for the month of October reached the value of A$1.75 billion (Approx. US$1.32 billion) beating the previous record of A$1.72 billion set in January 2015, according to a report by energy analyst, EnergyQuest.

  • USA: Chevron Earnings Drop

    2 August 2013

    Chevron Corporation reported earnings of $5.4 billion for the second quarter 2013, compared with $7.2 billion in the 2012 second quarter. Sales and other operating revenues in the second quarter 2013 were $55 billion, compared to $60 billion in the year-ago period. “Our second quarter earnings were down from the very strong level of a year ago,” said […]

  • Air Products Wins Ichthys LNG Work (Australia)

    24 April 2012
    Equipment, Project & Tenders

    Air Products said it has signed an agreement with JKC Joint Venture (JV) and INPEX Operations Australia Pty Ltd, for the supply of the liquefaction technology and main cryogenic heat exchangers for two process trains that will produce a total of 8.4 million tons of LNG per year. Air Products’ LNG heat exchanger technology will […]

  • 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 […]

  • Chevron’s First Quarter Earnings Down from a Year Ago

    2 May 2014
    Business & Finance, Operations & Maintenance

    Chevron Corporation reported earnings of $4.5 billion ($2.3 6 per share – diluted) for the first quarter 2014 , compared with $ 6.2 billion ($3. 18 per share – diluted) in the 2013 first quarter. Sales and other operating revenues in the first quarter 2014 were $51 billion, compared to $54 billion in the year […]

  • Chevron gives up on Great Australian Bight exploration

    13 October 2017

    Chevron Australia has made a decision to discontinue the company’s Great Australian Bight exploration program. The company said on Thursday that, while the Great Australian Bight is one of Australia’s most prospective frontier hydrocarbon regions, it was not able to compete in the current low oil price environment. Chevron Australia managing director Nigel Hearne said: […]

  • Chevron 1Q Profit Drops to $6.2 Bln. Production Rises

    26 April 2013

    Chevron Corporation, a California-based oil and gas company today reported earnings of $6.2 billion for the first quarter 2013, compared with $6.5 billion in the 2012 first quarter. Sales and other operating revenues in the first quarter 2013 were $54 billion, down from $59 billion in the year-ago period, mainly due to lower prices for […]

  • Australia: Clough Agrees to Sell Marine Construction Division to SapuraCrest for USD 132 Million

    8 August 2011
    Business & Finance

    Clough Limited today announced that it has agreed to sell its offshore Marine Construction Division to SapuraCrest Petroleum Berhad (SapuraCrest), a company listed on the Malaysian stock exchange, for gross proceeds of approximately AUD127m in cash. The companies have entered into a conditional Master Sale and Purchase Agreement with certain conditions precedent. Clough’s offshore Marine […]

  • Shell’s profit, LNG sales rise

    26 July 2018

    The Hague-based LNG giant Shell reported an increase in profit for the second quarter and the first half of the year as Integrated Gas and Upstream businesses’ contributions rise. 

  • APPEA: Positive Impacts of Resources Boom on W. Australia

    1 March 2013

    Western Australia’s oil and gas industry supports around 30,000 workers. It invests significantly in local businesses and training for both its current and future workforce. Every major industry has felt the impact of the resources boom, with recently released research from the Reserve Bank of Australia showing that nearly 10 per cent of all Australian workers now […]

  • Australia: GE Oil & Gas’ Subsea Equipment for Julimar Project

    24 February 2012
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Further expanding its presence in Australia’s liquefied natural gas (LNG) sector, GE Oil & Gas has received a contract of more than USD$150 million from Apache in Australia to supply subsea equipment for the Julimar Development Project, located offshore near Dampier in Western Australia. The Apache-operated Julimar Development Project is a joint venture between Apache […]

  • The Netherlands: Wide Range of Expert Speakers at Offshore Energy 2012

    15 August 2012

    The OE2012 conference which runs parallel to the Offshore Energy exhibition on 23 & 24 October in the Amsterdam RAI features an international faculty of expert speakers. They will offer perspectives on new North Sea oil and gas discoveries, challenging hydrocarbons and future offshore vessel concepts. The sessions on renewable energy will address the challenges […]

  • Nigeria approves national gas plan

    5 July 2017

    Nigeria’s cabinet has approved the national gas policy which should help the country broaden its economy beyond oil. The petroleum ministry said on Wednesday that the gas policy would form appropriate institutional, legal, regulatory and commercial framework for the gas sector, and remove the barriers affecting investment and development of the sector. Minister of State […]

  • Angola: Fairstar Semi-Submersible Vessel FJORD Awarded CLOV FPSO Contract by DSME

    3 January 2011
    Business & Finance

    Fairstar Heavy Transport NV (FAIR) has signed a contract with DSME to transport FPSO components from Angola to Korea for the CLOV FPSO. The contract value is USD 4,800,000. The open-stern semi-submersible vessel FJORD will perform the transport, scheduled at the end of 2011. This is the third marine heavy transportation contract between Fairstar and […]

  • Malaysia: SapuraCrest to Acquire Clough Marine Construction Assets for USD 132 Million

    11 August 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

    SapuraCrest Petroleum Berhad Monday signed a conditional agreement to acquire Clough Limited’s marine construction and offshore engineering operations in Australia, UK and US for a cash consideration of AU$127 million The agreement was signed in Perth, Australia, by SapuraCrest Executive Vice-Chairman and President YBhg Datuk Shahril Shamsuddin and Mr John Smith, Chief Executive from Clough. […]

  • APPEA: Western Australia Benefits from Resources Boom

    28 February 2013

    Western Australia’s oil and gas industry supports around 30,000 workers. It invests significantly in local businesses and training for both its current and future workforce. Every major industry has felt the impact of the resources boom, with recently released research from the Reserve Bank of Australia showing that nearly 10 per cent of all Australian […]

  • Australia: Clough Agrees to Sell Marine Construction Division to SapuraCrest

    8 August 2011

    Clough today announced that it has agreed to sell its offshore Marine Construction Division to SapuraCrest Petroleum Berhad (SapuraCrest), a company listed on the Malaysian stock exchange, for gross proceeds of approximately AUD127m in cash. The companies have entered into a conditional Master Sale and Purchase Agreement with certain conditions precedent. Clough’s offshore Marine Construction […]

  • Australia: industry leadership to develop low emission technologies

    3 October 2014

    An industry-led Leadership Roundtable for the development of Low Emissions Technologies for Fossil Fuels has been established, the Minerals Council of Australia said. The Roundtable will be chaired by Stewart Butel, Managing Director of Wesfarmers Resources Limited Chair of COAL21 and a Director of the Minerals Council of Australia. Membership will include senior representatives from the […]

  • Expro and FTAI Ocean form well intervention vessel alliance

    18 March 2021
    Business Developments & Projects, Collaboration, Operations & Maintenance, Outlook & Strategy, Vessels

    International oilfield service company Expro Group has formed an exclusive alliance with global vessel provider FTAI Ocean for the supply of the DP3 M/V Pride vessel that will deliver full light well intervention services to the subsea oil and gas sector.

  • Dutch Fairstar to Transport 42 Tugs from Singapore to Venezuela

    4 April 2011
    Business & Finance

      Fairstar Heavy Transport N.V. (FAIR) has signed two marine heavy transportation contracts with GAC in Aberdeen Scotland. Fairstar’s semi-submersible vessels FJORD and FJELL will transport a flotilla of 42 tug boats from Singapore to Maracaibo, Venezuela in April and May of 2011. Both vessels are now mobilizing to Singapore. Chris Muilwijk of the Fairstar […]