5823 results found for 'gorgon'

5823 results found for 'gorgon'
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  • Lower Activity Levels Hit Subsea 7 Profit

    11 November 2015
    Business & Finance, Operations & Maintenance

    Subsea 7 announced revenue for the third quarter 2015 of $1.2 billion, a decrease of $702 million compared to the prior year quarter. Adjusted EBITDA of $351 million and margin of 29.2% reflected significant progress on several projects and included positive contribution from projects in the final stages of execution. Adjusted EBITDA included a $36 […]

  • Dutch Fairstar Gets Cash to Finance Newbuilds

    21 May 2012
    Business & Finance

    The Netherlands based 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 […]

  • APPEA Releases State of the Industry 2011 Report (Australia)

    24 November 2011

    The Australian oil and gas industry’s peak body has released its State of the industry 2011 report, which concludes that increasing costs and inefficient approvals processes will, if not addressed, severely reduce the returns to the Australian community from its petroleum resources. The report shows an industry in transformation, expanding rapidly to meet growing local […]

  • 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).

  • New Asia Pacific director to propel EnerMech’s diversification strategy and bolster growth

    14 January 2022
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    EnerMech has appointed a new director for the Asia Pacific region and created a new role within the company in the hopes of fostering growth.

  • GasLog tightens loss in Q3

    11 November 2020
    Business & Finance, Business Developments & Projects

    Piraeus-based LNG shipper GasLog has tightened its loss during the third quarter of 2020.

  • Boskalis Breaks Record in Oman

    18 September 2019
    Business & Finance

    Boskalis is currently working on the Duqm Liquid Bulk Berth Project, located in the south of Oman. According to Boskalis, this Duqm scheme is breaking records in terms of both productivity and safety. The challenge there can compare in terms of size and complexity with major projects such as Maasvlakte 2 and Gorgon. The project […]

  • 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 […]

  • A long time coming: Offshore project sanctioning

    7 August 2017
    Equipment

    Now that half the year has passed, a review of offshore project sanctioning might be timely.

  • GE Inaugurates Skills Development Centre to Support LNG Industry in Australia

    13 November 2012

    Addressing Australia’s need for skilled local workers to support a booming oil and gas industry, GE celebrated the official opening of its Skills Development Centre in Jandakot, a suburb of Perth in Western Australia. The center is part of GE’s technology and learning facility, the largest complex of its kind in Australia and a cornerstone […]

  • Australia Becomes Largest LNG Exporter to Japan

    8 March 2013

    Australia has become the largest supplier to the world’s biggest Liquefied Natural Gas (LNG) buyer – Japan – for the first time. The milestone – recorded in the 2012 calendar year – coincides with Australia achieving both record LNG export volumes and LNG export revenue during the same period. Its market share of LNG trade […]

  • UK: Kentz Sees Profits Rise

    27 August 2013

    Kentz Corporation Limited, the holding company of the Kentz engineering and construction group, today announced its unaudited group results for the six months ending 30 June 2013. Financial Highlights Record backlog of US$2.8 billion up 12% since June 2012 (US$2.5 billion) with 80%1reimbursable contracts Revenue up 2% to US$775.2 million (1H 2012: US$759.5 million)2 Adjusted […]

  • Australian LNG exports continue to climb

    6 September 2017

    Surging production lifted total Australian natural gas output to a record 3,770 petajoules in fiscal 2017, up 27% from the previous year, according to energy consultancy EnergyQuest. East coast LNG production and east coast domestic gas production both increased in the second quarter, up by 19.4% to 5.0 million tonnes (Mt) of LNG exports and by […]

  • Ophir restructures senior management team

    28 August 2014
    Business & Finance

    As part of a reorganisation across all levels of the company designed to reduce costs, and adjust to the future needs of the business, the Board of Ophir is to restructure and streamline the senior management team. The restructuring will result in a smaller Board with the number of Executive Directors reducing from three to […]

  • Chevron Earnings Exceed $26 Bln (USA)

    30 May 2013
    Business & Finance

    Chevron Corporation reported the company’s 2012 operational and social performance and future growth plans at its 2013 Annual Meeting of Stockholders. “Chevron’s 2012 results demonstrate that we have the people, portfolio and financial strength to deliver superior stockholder value,” said John Watson, chairman of the board and CEO. “Our planned growth will increase our capacity […]

  • Shell’s 4Q earnings up 147%

    1 February 2018
    Business & Finance

    Oil giant Shell’s 4Q CCS earnings attributable to shareholders excluding identified items were $4.3 billion for the fourth quarter 2017. This is an increase of 147 percent from the fourth quarter of 2016. The oil major said the result reflected increased contributions from all businesses, compared with 2016. Worth noting, Shell’s fourth quarter results soared despite […]

  • Subsea 7 Income Hit By Guara-Lula Cost Overruns

    14 August 2013
    Business & Finance

      Subsea 7 S.A. announced today results for the second quarter and first half 2013 which ended on 30 June 2013.  The company reported a net loss of $13 million, compared to a net profit of $411 million in Q2 2012. Half-yearly net income was $119 million, a decrease of $386 million or 76% compared to […]

  • Chevron Plans to Invest USD 36.7 Bln in 2013, USA

    30 May 2013

    Chevron Corporation reported the company’s 2012 operational and social performance and future growth plans at its 2013 Annual Meeting of Stockholders. “Chevron’s 2012 results demonstrate that we have the people, portfolio and financial strength to deliver superior stockholder value,” said John Watson, chairman of the board and CEO. “Our planned growth will increase our capacity […]

  • Santos seeks to register Moomba CCS project with regulator ahead of sanction

    1 October 2021
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Project & Tenders, Transition

    Santos is starting the process in which it will apply to register its Moomba CCS project ahead of its final investment decision.

  • Australia: Clough Profit Dives

    26 August 2011
    Business & Finance

      Engineering and construction company Clough Limited announced a result in line with previous guidance with a 25% increase in total revenue to $1bn but a reduction in underlying earnings to $47.2m, due to a loss in the Marine Construction division as a result of soft market conditions. On 8 August the Company announced that […]

  • Chevron’s 2Q profit slips on impairments

    31 July 2015

    Chevron Corporation, an American multinational energy corporation, Friday reported earnings of $571 million for the second quarter 2015, compared with earnings of $5.7 billion in the same period last year.  Included in the quarter were impairments of $1.96 billion and other charges of approximately $670 million relating to project suspensions and adverse tax effects, all of which […]

  • USA: Chevron Announces $26.0 Billion Capital And Exploratory Budget For 2011

    10 December 2010
    Business & Finance

    Chevron Corporation 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 opportunities. […]

  • Australia: Clough Profit Dives

    26 August 2011

    Engineering and construction company Clough Limited announced a result in line with previous guidance with a 25% increase in total revenue to $1bn but a reduction in underlying earnings to $47.2m, due to a loss in the Marine Construction division as a result of soft market conditions. On 8 August the Company announced that it […]

  • Chevron Earnings Down

    3 February 2014

    Chevron reported earnings of $ 4.9 billion for the fourth quarter of 2013, compared with $7.2 billion  in the 2012 fourth quarter. Full – year 2013 earnings were $21. 4 billion ($11. 0 9 per share – diluted), down 18 percent from $26.2 billion ($13.32 per share – diluted) in 2012. Sales and other operating […]

  • U.S. exports fill Asia’s LNG demand gap as market tightens

    20 January 2017

    By Henning Gloystein SINGAPORE (Reuters) – U.S. liquefied natural gas exporters sending tankers to Asia to fill a gap in the region’s demand as markets have tightened more-than-expected on surging consumption in China and Pakistan as well as Australia’s continuing struggles to ramp up scheduled production. Benefiting from the Panama Canal expansion last year that […]