543 results found for 'pttep'

543 results found for 'pttep'
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  • Wave power for subsea equipment demo grabs oil & gas industry’s attention

    19 June 2023
    Business Developments & Projects, Operations & Maintenance, Outlook & Strategy

    European and Asian energy companies have paid a visit to a demonstration project for powering subsea equipment with wave power and subsea energy storage, led jointly by Mocean Energy and Verlume with other consortium partners, in Orkney. The €2.3 million (£2 million) project, called Renewables for Subsea Power (RSP), which connects Mocean Energy-built Blue X wave energy […]

  • Borr Drilling believes rig day rates will increase

    16 February 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Borr Drilling has converted several LOAs into contracts, secured a couple of new deals, and postponed delivery dates for five newbuilds.

  • New Zealand: Shell Joins Great South Basin JV

    17 August 2011
    Business & Finance

    OMV New Zealand and Shell New Zealand announce major milestones for the Great South Basin joint venture, with the addition of Shell into the venture and confirmation that a comprehensive 3D seismic programme will begin later this year on Permits 50119 and 50120. Permit 50121 will be returned to the Crown. Subject to ministerial approval, […]

  • Pancontinental: Sunbird discovery unlikely to be commercial (Kenya)

    14 April 2014

    Pancontinental Oil and Gas NL has informed the Sunbird-1 well off the southern Kenyan coast has been completed and the well has intersected a hydrocarbon-bearing zone in the top of the Sunbird Miocene Pinnacle Reef. Analysis of the zone itself and recovered hydrocarbon samples are continuing. Analysis of the wireline log data and the fluid […]

  • Petronas seeks buyers for $1 bln offshore gas project stake

    10 April 2017

    By Anshuman Daga and Henning Gloystein SINGAPORE (Reuters) – Malaysia’s Petronas has pitched an estimated $1 billion stake in a prized upstream local gas project to potential bidders including Royal Dutch Shell, ExxonMobil Corp, Thailand’s PTT Exploration and Production and Japanese firms, sources familiar with the matter said. If successful, the deal could mark Petronas’ […]

  • Sapura Reports Close to $450M in New Contracts

    21 June 2018
    Business & Finance, Operations & Maintenance, Project & Tenders

    Sapura Energy said it has scored another nine new contracts valued at approximately 1.8 billion Malaysian ringgits (close to $450 million), bringing the accumulative value in contract wins to-date to 4.5 billion Malaysian ringgits ($1.12 billion) for the Group. The combined value represents a three-fold jump or an increase of nearly 250 per cent compared […]

  • Australia to lead Asia Pacific’s oil & gas FID surge in 2020, Woodmac says

    19 December 2019

    After a dearth of project sanctions in the last few years, Australian project FIDs are back

  • Mozambique: Anadarko sets date for giant gas project sanction

    9 May 2019

    U.S. oil firm Anadarko Petroleum expects to make the final investment decision for its Mozambique LNG project next month.

  • Singapore: After Major Refit Program LEWEK CHANCELLOR Gets New Contract

    1 July 2011

    EOC Limited, one of Asia’s leading providers of offshore construction and production services to the oil and gas (O&G) sector, has added to its contract backlog, with a new award for the Lewek Chancellor. Lewek Chancellor underwent a major refit which started last November and with extended operating capabilities will be providing accommodation support to […]

  • Vryhof Racks Up $75M in New Contracts

    15 January 2019
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Vryhof companies – Deep Sea Mooring, Vryhof Anchors and Moorlink – have recently won up to $75 million in new contracts. The contracts include landmark deals for Vryhof Anchors for the WindFloat Atlantic wind farm, offshore Portugal, the world’s first commercial floating wind farm, and the Havfarm 1 offshore fish farm project in Norway, one […]

  • McDermott, Saipem, Chiyoda JV bags Anadarko Mozambique LNG job

    6 June 2019
    Business & Finance

    Saipem said that its part of the project would bring it $6 billion

  • Vietnamese player completes first phase of TGT infill development drilling

    12 November 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Research & Development

    HLJOC has completed the first phase of the TGT field infill development drilling programme offshore Vietnam.

  • Fresh gas discovery with multiple development routes emerges from North Sea depths

    19 June 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Wintershall Dea has expanded its natural gas arsenal with a new gas condensate discovery in the Northern North Sea, thanks to drilling activities undertaken with one of Transocean’s semi-submersible rigs.

  • BW Energy to expand its footprint off Brazil as Petrobras greenlights sale of two clusters

    24 June 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Petrobras has approved the sale of two assets, located in the Espírito Santo Basin offshore Brazil, to BW Energy.

  • Eni and ADNOC to collaborate on carbon capture utilization and storage program

    21 January 2020

    ADNOC has signed a strategic framework agreement with Italy’s energy company, Eni, to explore new opportunities for collaboration in carbon capture utilization and storage.

  • Offshore Engineering Global and China Marine Industry Report Available

    21 December 2011

    Reportlinker announced that the new market research report is available. The skyrocketing oil price during 2007-2008 sparked globally investment fever in marine engineering industry. However, from 2009 onwards, seeing globally economic recession and sluggish demand, many small and medium-sized marine engineering enterprises have taken a heavy toll on revenue in the wake of the nosedive […]

  • Statoil improves profit despite output drop

    25 July 2014
    Business & Finance, Project & Tenders

    Statoil has delivered results for the second quarter 2014. Net operating income was $5.16 billion (NOK 32.0 billion), a decrease of approximately $371 million (NOK 2.3 billion) compared to the second quarter of 2013 adjusted earnings were $5.21 billion (NOK 32.3 billion). “Statoil delivered solid operational performance in the quarter, with continued high production regularity on the Norwegian continental […]

  • SapuraKencana, Seadrill to Merge Tender Rig Businesses

    5 November 2012
    Business & Finance

    SapuraKencana Petroleum Berhad and Seadrill Limited have entered into a non-binding memorandum of understanding (“MOU”) to combine and integrate both companies’ tender rig businesses. The two companies including their predecessor companies have operated part of their tender rigs businesses together successfully in the joint venture Varia Perdana Sdn Bhd and Tioman Drilling Company Sdn Bhd […]

  • Mermaid and ARV forge subsea alliance in Thailand

    18 September 2020
    Business & Finance, Business Developments & Projects, Collaboration, IT & Software, Research & Development, Technology

    AI and Robotics Ventures (ARV), a subsidiary of PTT Exploration and Production, and Mermaid Subsea Services (Thailand) have formed a joint venture called ZeaQuest to develop subsea AI and robotic technologies. The aim is to provide underwater IRM services to oil & gas and renewable energy sectors in Asia and globally. ZeaQuest has a registered […]

  • Rig utilisation ramps up in Asia Pacific, reveals Westwood

    15 July 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders

    Rig activity in Asia Pacific has been stepped up this year, but most stacked jack-ups are being reactivated for gigs in the Middle East.

  • Statoil Delivers Strong 4Q 2010 Results. Expects $16 bln Capital Expenditure for 2011 (Norway)

    9 February 2011
    Business & Finance

      Statoil today presents its fourth quarter results and its Strategy Update. Statoil’s fourth quarter 2010 net operating income was NOK 42.8 billion, compared to NOK 33.5 billion in the fourth quarter of 2009. In 2010, net operating income was NOK 137.2 billion compared to NOK 121.6 billion in 2009. “Whilst production volumes were below […]

  • Norway: Statoil Reports 2010 Fourth Quarter Results

    9 February 2011

      Statoil today presented its fourth quarter results and its Strategy Update. Statoil’s fourth quarter 2010 net operating income was NOK 42.8 billion, compared to NOK 33.5 billion in the fourth quarter of 2009. In 2010, net operating income was NOK 137.2 billion compared to NOK 121.6 billion in 2009. “Whilst production volumes were below […]

  • Six players to establish 1st green e-methanol plant in Southeast Asia

    6 April 2022
    Business Developments & Projects, Project & Tenders

    Six international energy companies have formed a partnership to establish Asia’s first green e-methanol plant.

  • TotalEnergies refutes allegations of manslaughter and negligence during insurgent attacks in Mozambique

    11 October 2023
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Human Capital, Project & Tenders, Regulation & Policy, Safety

    TotalEnergies has denied the accusations of negligence and manslaughter concerning the 2021 insurgent attacks in Mozambique.

  • SapuraKencana Nets $180 Mln JDA Job

    9 July 2013
    Business & Finance

    SapuraKencana, Malaysian provider of oilfield services, has announced that it has been awarded an EPCIC contract from Trans Thai-Malaysia Sdn Bhd (TTM) worth approximately $180.6 million. The engineering, procurement, construction, installation and commissioning contract is for the JDA Gas Balancing Evacuation (“EVA”) Project . JDA is an abbreviation for the Malaysia-Thailand Joint Development Area in the Gulf of […]