446 results found for 'kaombo'

446 results found for 'kaombo'
Order results by

A list of search results

  • Total to launch new projects offshore Angola

    5 December 2017
    Business & Finance

    French oil major Total and Angola’s Sonangol on Monday signed several agreements covering both upstream and downstream activities. 

  • Technip’s Revenue Above Expectations, CEO Says

    24 April 2014
    Business & Finance, Operations & Maintenance

    Technip’s Board of Directors approved the first quarter 2014 consolidated financial statements.  Revenue increased by 23% year-on-year, to $3.46 billion (+10% in Subsea and +34% in Onshore/Offshore). The Group’s backlog at the end of the first quarter is stable compared to the end of 2013 taking into account the orders received less impact of currency movements. Backlog has been restated […]

  • Aker Reports Growth in 1Q Revenue

    1 May 2014

    Aker Solutions’ revenue rose to NOK 11.2 billion in the first quarter of 2014 from NOK 10.3 billion a year earlier, driven by sales of subsea products and services, single drilling equipment and umbilical systems in the U.S. and Norway. Revenue also increased in the process systems unit, bolstered by strong demand in Norway, the […]

  • Total CEO says Q1 results are lower than last year

    1 May 2014
    Business & Finance

    Total has announced the results for the first quarter of 2014. Commenting on the results, Chairman and CEO, Christophe de Margerie said: “The Group reported adjusted net income of $3.3 billion for the first quarter, solid results albeit slightly lower than last year. The impact of sharply lower European refining margins was limited thanks to the implementation […]

  • DW: Oil majors focus on Angola

    16 February 2015

    As the second largest oil producer in Africa, Angola is heavily dependent on the oil sector, making it vulnerable to oil price fluctuations, Douglas Westwood, an energy intelligence firm writes in its “DW Monday” report. In addition, drilling costs offshore Angola are very high, and DW forecasts a resultant drop in deepwater completions in Angola in […]

  • CLOV start up to boost Exxon Mobil production

    13 June 2014

    Exxon Mobil Corporation today announced the CLOV project in Angola started up on schedule and is expected to reach daily production capacity of 160,000 barrels in the coming months.   CLOV is the fourth major development hub of Total-operated Block 17, after Girassol, Dalia and Pazflor. An ExxonMobil affiliate has a 20 percent working interest […]

  • Aker profit drops despite revenue growth

    17 July 2014
    Business & Finance, Project & Tenders

    Aker Solutions is on track with a plan to split into two companies at the end of September, including one that will keep the current name and be comprised of the Subsea, Umbilicals, Engineering, and Maintenance, Modifications and Operations (MMO) areas. Pro forma second-quarter revenue for the new Aker Solutions rose to NOK 8.1 billion […]

  • Aker Solutions: Subsea Order Intake at Record High

    17 July 2014
    Business & Finance, Operations & Maintenance

    Aker Solutions is on track with a plan to split into two companies at the end of September, including one that will keep the current name and be comprised of the Subsea, Umbilicals, Engineering, and Maintenance, Modifications and Operations (MMO) areas. Pro forma second-quarter revenue for the new Aker Solutions rose to NOK 8.1 billion […]

  • Total Puts CLOV in Action Offshore Angola

    12 June 2014
    Business & Finance, Operations & Maintenance

    Total, operator of Block 17 in Angola, today started-up CLOV, a major deep offshore development located 140 kilometers offshore Luanda, in line with the initial project schedule. With a production capacity of 160,000 barrels per day, CLOV will develop proven and probable reserves of over 500 million barrels. After Girassol, Dalia and Pazflor, CLOV is […]

  • Total: First oil flows at CLOV project, offshore Angola

    12 June 2014
    Business & Finance

    Total, operator of Block 17 in Angola, today started up CLOV, a major deep offshore development located 140 kilometers offshore Luanda, in line with the initial project schedule.   With a production capacity of 160,000 barrels per day, CLOV will develop proven and probable reserves of over 500 million barrels. After Girassol, Dalia and Pazflor, […]

  • Total boosts quarterly profit despite lower price environment

    7 February 2020
    Business & Finance

    French oil major Total  booked an increase in quarterly profit despite a lower price environment as its production grew during the period fueled by new project startups and rampups. 

  • Loss widens for Bluewater

    29 August 2014

    Bluewater Holdings bv, a Dutch supplier of floating production units and mooring systems to the international offshore oil and gas clients, has reported a deeper loss for the first half of 2014. The net result after tax for the six-month period ended June 30, 2014 was $67.3 million loss compared to $50.9 million loss for […]

  • Top Contracts in 2014

    24 December 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    The editors of Subsea World News have selected contracts that exemplify best-in-class among those that were signed during this year. Subsea World News’ Top Contracts in 2014 were selected on the basis of best awarded jobs and different companies involved in some of the biggest signings this year.     Technip, Heerema Awarded $3.5 Bln Subsea […]

  • Total’s profit, production drop

    30 July 2014
    Business & Finance

    French oil company Total today reported its adjusted net income for the second quarter of 2014 fell 12% compared to the corresponding period of 2013. The company recorded income of ∼$3.2 billion versus ∼$3.6 billion a year ago. Commenting on the results, Chairman and CEO Christophe de Margerie said: “Growing geopolitical tensions marked the second quarter […]

  • Total plans $5 billion in asset sales as second quarter profit slips on lower oil prices

    25 July 2019
    Business & Finance

    Total has said it plans to sell about $5 billion worth of assets, mostly from its Exploration & Production business.

  • Aker Solutions Posts Profit Drop

    15 July 2015
    Business & Finance, Equipment, Operations & Maintenance

    Aker Solutions has seen its profit decline in the second quarter on MMO overcapacity, lease costs and lower demand for subsea services in the North Sea. The company generated revenue of NOK 8 billion in the second quarter of 2015 compared with NOK 8.1 billion a year earlier, due to projects in Africa, Norway and Brazil. However, […]

  • ExxonMobil to spend more in 2017

    2 March 2017

    U.S. oil giant ExxonMobil will increase its spending this year by 16 percent compared to the previous year and start up five major upstream projects in the next two years.  ExxonMobil Corporation is positioned to succeed in any price environment by maximizing the competitive advantages of its integrated businesses and by investing in projects that generate […]

  • Aker Solutions Starts Trading on Oslo Exchange

    29 September 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Aker Solutions started trading on the Oslo stock exchange as a leaner and more streamlined company that will build on its strengths in the subsea and field design markets.   The company emerges after a spin-off of the Subsea, Umbilicals, Engineering and Maintenance, Modifications and Operations (MMO) businesses of the former Aker Solutions, which has […]

  • ‘Leaner, better focused’ Aker Solutions starts trading on Oslo Exchange

    29 September 2014
    Business & Finance

    Aker Solutions today started trading on the Oslo stock exchange as a what is says is a leaner and more streamlined company that will build on its strengths in the subsea and field design markets. The company emerges after a spin-off of the Subsea, Umbilicals, Engineering and Maintenance, Modifications and Operations (MMO) businesses of the […]

  • Aker Solutions to build on subsea and field design markets

    17 March 2015
    Business & Finance

    Aker Solutions has presented five strategic objectives after splitting in two in September last year to “better position all parts of the business and meet the needs of customers”. The company, which meets today (March 17) with investors in London, says it will build on its strengths in key subsea and field design markets as […]

  • Technip Net Income at EUR 67 Mln

    24 April 2014

    Technip said its operating income was €120 million in the first quarter of 2014, versus €172 million a year ago. Highlights: order intake of €2.8 billion including major Subsea awards such as Block 15/06 in Angola; revenue of €2.5 billion; operating margins1: Subsea 5.5% and Onshore/Offshore 5.9%; net income of €67 million; first-time application of […]

  • Aker Solutions Optimistic in Longer Term

    17 March 2015
    Business & Finance, Operations & Maintenance

    Norwegian oil services company, Aker Solutions, has presented five strategic objectives after splitting in two in September last year. “The split allows us to reduce complexity, build on synergies and bring down costs, which makes us much better equipped to respond to the needs of customers in the 22 countries where we operate,” said Chief Executive […]

  • Infield Releases Subsea Market Report to 2017, UK

    5 June 2013
    Business & Finance, Research & Development

    Infield Systems has just released the latest edition of its Global Perspectives Subsea Market Report To 2017. The ninth edition of this highly respected report is devoted to the global subsea market and provides a comprehensive analysis of its many facets. The report presents information on the expected capital expenditure and level of subsea equipment […]

  • Subsea Reinforces Aker Solutions Strong Market Position

    30 April 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Aker Solutions’ revenue rose to NOK 11.2 billion in the first quarter of 2014 from NOK 10.3 billion a year earlier, driven by sales of subsea products and services, single drilling equipment and umbilical systems in the U.S. and Norway. Revenue also increased in the process systems unit, bolstered by strong demand in Norway, the […]

  • Aker Solutions reports increased revenue in 1Q

    30 April 2014
    Business & Finance

    Aker Solutions’ revenue rose to NOK 11.2 billion in the first quarter of 2014 from NOK 10.3 billion a year earlier, driven by sales of subsea products and services, single drilling equipment and umbilical systems in the U.S. and Norway. Revenue also increased in the process systems unit, bolstered by strong demand in Norway, the […]