5825 results found for 'gorgon'

5825 results found for 'gorgon'
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  • Exxon Mobil reduces 2015 capex by 12%

    4 March 2015

    U.S. oil giant Exxon Mobil today said it expects its capital expenditure for 2015 will be $34 billion in 2015 – 12 percent less than in 2014. The company further said that annual capital and exploration expenditures are expected to average less than $34 billion in 2016 and 2017. “We are capturing savings in raw materials, service, […]

  • Australia: Clough Reports Full Year Results

    23 August 2012

    Engineering and project services company Clough Limited announced statutory NPAT from continuing operations of $50.7 million for the year ended 30 June 2012. NPAT including discontinued activities increased by 29% to $42.9 million, reflecting a gain on the Marine Construction business sale, which was offset by a loss on legacy property holdings. The Board has […]

  • Chevron to Fully Focus on Completing Major Natural Gas Projects in Australia

    14 March 2011
    Business & Finance

      Chevron Corporation is generating record operating cash flow and advancing its strong project queue, executives said today at the company’s annual meeting with financial analysts in New York. “Operationally and financially, 2010 was an outstanding year. We continue to deliver on our commitments,” said John Watson, Chevron’s chairman and CEO. “We improved our safety […]

  • Report: Australia’s LNG exports to hit 76.5 million tonnes in 2018-19

    8 January 2018
    Ports & Logistics

    Australia on Monday said it expects liquefied natural gas (LNG) exports to climb to 76.5 million tonnes in the year to end-June 2019. This compares to a forecast of 63 million tonnes for the 2017/18 fiscal year spanning from July to June and 52 million tonnes last year. Higher export volumes will be driven by increased […]

  • Australia: Strategic Marine Wins Another Repeat Order to Deliver Two New Vessels

    29 April 2011

    Strategic Marine has signed another repeat order with Western Australian company Bhagwan Marine to deliver two new vessels to service the WA’s offshore oil and gas industry, including the Gorgon Project. The new contracts for a 49.5 metre and 38 metre landing craft follows the delivery of a 48 metre landing craft to join the […]

  • The Netherlands: Dockwise Reports Q2 Revenues of USD 109 Million

    19 August 2011
    Business & Finance

    Dockwise Ltd. today published results for the three month and Half Year periods ended June 30, 2011. Financial Highlights Q2 2011 Revenues of USD 109 million (USD 89 million in Q1 2011); EBITDA of USD 35 million (USD 29 million in Q1 2011); Operating margin of 32% (32% in Q1 2011); Net profit of USD […]

  • Australia: Clough Profit Spikes

    18 February 2013

    Engineering and project services company Clough Limited announced statutory NPAT from continuing operations of $43.2 million for the half year ended 31 December 2012, a 139% increase on the prior half year. NPAT including discontinued operations increased by 270% to $43.2 million benefiting from the growth in earnings from continued operations and a break even […]

  • Bhagwan Marine Orders 2 Vessels to Support Western Australia’s Oil and Gas Industry

    29 April 2011
    Business & Finance

      Strategic Marine has signed another repeat order with Western Australian company Bhagwan Marine to deliver two new vessels to service the WA’s offshore oil and gas industry, including the Gorgon Project. The new contracts for a 49.5 metre and 38 metre landing craft follows the delivery of a 48 metre landing craft(photo) to join […]

  • IGU: global LNG trade hits new peak, set for further growth

    5 April 2017

    Global liquefied natural gas (LNG) trade in 2016 reached a record 258 million tonnes – an increase of 5% from the year before, and the largest ever year for LNG trade, according to the International Gas Union. This increase is particularly noticeable when compared with the average 0.5% growth rate of the previous four years, IGU […]

  • Australia: GE Oil & Gas Nets USD 1 Billion in Contracts for Ichthys Project

    30 January 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    GE Oil & Gas has received contracts totaling more than $1 billion to supply a wide range of equipment and services for the Ichthys liquefied natural gas (LNG) project in Australia. A joint venture between INPEX (operator) and Total, the Ichthys LNG project includes one of the world’s largest LNG facilities and is based on […]

  • USA: Chevron Announces $26 Billion Capital and Exploratory Budget for 2011

    9 December 2010

    Chevron Corporation today announced a $26.0 billion capital and exploratory spending program for 2011. Included in the 2011 program are $2.0 billion of expenditures by affiliates, which do not require cash outlays by Chevron. Acquisition costs associated with the recently announced purchase of Atlas Energy, Inc. are not included. “We have an unparalleled set of […]

  • Cal Dive Announces First Quarter 2011 Results (USA)

    4 May 2011
    Business & Finance

    Cal Dive International, Inc. (NYSE:DVR) reported a first quarter 2011 net loss of $18.7 million, or $.20 per diluted share compared to a net loss of $19.1 million, or $.20 per diluted share for the first quarter 2010. Despite typical winter seasonality, the first quarter 2011 loss before income taxes improved by $8.5 million to […]

  • GE Oil & Gas Nabs Ichthys LNG Contract (Australia)

    30 January 2012
    Project & Tenders

    GE Oil & Gas has received contracts totaling more than $1 billion to supply a wide range of equipment and services for the Ichthys LNG project in Australia. A joint venture between INPEX (operator) and Total, the Ichthys LNG project includes one of the world’s largest LNG facilities and is based on an estimated 40 […]

  • Chevron Gives Green Light for Construction of Wheatstone Project in Western Australia

    26 September 2011
    Business & Finance, Operations & Maintenance

      Chevron Corporation  today announced that its Australian subsidiary will proceed with the construction of its Wheatstone Project in Western Australia. John Watson, chairman and chief executive officer, Chevron Corporation, said, “The Wheatstone Project is a legacy, value-creating investment that will provide Chevron with significant reserves and production growth.” Watson added, “This project, along with […]

  • Singapore: Jurong Shipyard On Track to Deliver First of its Class Drilling Rig to Atwood Oceanics

    7 December 2010
    Business & Finance

    Sembcorp Marine’s subsidiary Jurong Shipyard is on track to deliver the Atwood Osprey (photo) – a first of its class ultra-deepwater semi-submersible drilling rig – to Atwood Oceanics following its recent successful naming . Scheduled for delivery in early 2011, the Atwood Osprey will be deployed by Chevron Australia Pty, Ltd to the Greater Gorgon […]

  • Subsea 7 Releases 2Q 2013 Results (UK)

    14 August 2013
    Business & Finance, Operations & Maintenance

    Subsea 7 S.A. announced today results for the second quarter and first half 2013 which ended on 30 June 2013. Unless otherwise stated, the comparative period is the six months ended 30 June 2012.  Jean Cahuzac, Chief Executive Officer, said: ‘While I am disappointed with the $300 million loss provision on the Guará-Lula NE project […]

  • Golar posts $80 million loss in Q1, says LNG shipping market remains weak

    31 May 2016

    Bermuda-based Golar LNG, the owner and operator of LNG carriers on Tuesday posted a loss of $80.1 million in its first quarter of this year.

  • The Netherlands: Fairstar Inks USD 247 Million Syndicated Loan Facility

    21 May 2012
    Business & Finance

    Fairstar Heavy Transport N.V. (FAIR) has signed a USD 247 million syndicated loan facility led by ING Bank. The facility provides the necessary liquidity to satisfy the outstanding payment obligations to Guangzhou Shipbuilding International (GSI) due under the construction contracts for the 50,000 DWT semi-submersible vessels FORTE and FINESSE. In addition, the facility provides Fairstar […]

  • Australia: GE Oil & Gas to Supply USD 1 Billion Worth of Equipment for Ichthys Project

    30 January 2012
    Business & Finance

    GE Oil & Gas  has received contracts totaling more than $1 billion to supply a wide range of equipment and services for the Ichthys liquefied natural gas (LNG) project in Western Australia. A joint venture between INPEX (operator) and Total, the Ichthys LNG project includes one of the world’s largest LNG facilities and is based […]

  • The Netherlands: FAIR, ING Bank Sign USD 247 Mln Loan Agreement

    21 May 2012

    Fairstar Heavy Transport N.V. (FAIR) has signed a USD 247 million syndicated loan facility led by ING Bank. The facility provides the necessary liquidity to satisfy the outstanding payment obligations to Guangzhou Shipbuilding International (GSI) due under the construction contracts for the 50,000 DWT semi-submersible vessels FORTE and FINESSE. In addition, the facility provides Fairstar […]

  • Australia: Chevron Gives Nod for Wheatstone Project

    26 September 2011
    Business & Finance

    Chevron Corporation​ announced that its Australian subsidiary will proceed with the construction of its Wheatstone Project in Western Australia. John Watson, chairman and chief executive officer, Chevron Corporation, said, “The Wheatstone Project is a legacy, value-creating investment that will provide Chevron with significant reserves and production growth.” Watson added, “This project, along with Gorgon LNG, […]

  • USA: Chevron Reports 4 Q 2010 Net Income of $5.3 bln, Up from $3.1 bln in 4 Q 2009

    28 January 2011
    Business & Finance

    Chevron Corporation  today reported earnings of $5.3 billion ($2.64 per share – diluted) for the fourth quarter 2010, compared with $3.1 billion ($1.53 per share – diluted) in the 2009 fourth quarter. Results in the 2010 period included gains of nearly $400 million from downstream asset sales. Foreign currency effects decreased earnings in the 2010 […]

  • The Netherlands: Dockwise Reports Q2 Revenues of USD 109 Million

    19 August 2011
    Business & Finance, Operations & Maintenance

    Dockwise Ltd. today published results for the three month and Half Year periods ended June 30, 2011. Financial Highlights Q2 2011 Revenues of USD 109 million (USD 89 million in Q1 2011); EBITDA of USD 35 million (USD 29 million in Q1 2011); Operating margin of 32% (32% in Q1 2011); Net profit of USD […]

  • Australia raises LNG export forecast

    13 April 2017

    The Australian government has raised its forecast for LNG exports for fiscal 2016-2017 to 53.1 million mt, according to the latest quarterly report by the Department of Industry, Innovation and Science. In its previous report named Resources and Energy Quarterly, the department said that Australia’s LNG export volumes are expected to increase to 52.4 million mt in […]

  • Chevron enables current CEO to remain longer in the role and unveils new CFO

    24 July 2023
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Chevron has disclosed a waiver of the mandatory retirement age for its current chairman and chief executive officer (CEO).