551 results found for 'pttep'

551 results found for 'pttep'
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  • Contracts flurry for SapuraKencana

    5 December 2014
    Business & Finance, Exploration & Production

    Malaysian oilfield services provider SapuraKencana has today announced several new contracts and contracts extensions. The contracts, worth $459 million in total, have been awarded to the company’s Fabrication, Hook-up and Commissioning division, Offshore Construction and Subsea Services division and Drilling division.   SapuraKencana’s Fabrication, Hook-up and Commissioning division scored the most lucrative batch of three contracts with various […]

  • ‘World’s first’ AI-powered autonomous subsea vehicle changing underwater inspection and survey game (Video)

    25 September 2024
    Business & Finance, Business Developments & Projects, Environment, Innovation, Technology, Transition, Vessels

    UK-headquartered tech player Beam has tucked a milestone in marine technology and underwater robotics under its belt with the development and deployment of a new innovative technology offering, said to be the world’s first autonomous underwater vehicle driven by artificial intelligence (AI).

  • HMM splashes $1.12 bln on 9 methanol-fuelled containerships

    14 February 2023
    Business & Finance, Business Developments & Projects, Green Marine, Transition, Vessels

    South Korean shipping company HMM has signed newbuilding contracts with compatriot Hyundai Samho Heavy Industries (HSHI) and HJ Shipbuilding and Construction (HJSC) for nine 9,000 TEU containerships powered by methanol dual-fuel engines. The company confirmed to our newsdesk that it was looking into ordering methanol-powered vessels in December 2022. The move is being pursued as […]

  • Anadarko finalizing further gas offtake deals for Mozambique LNG project

    26 April 2019
    Business & Finance

    U.S. oil and gas company Anadarko is in talks to finalize further gas sales deals from its soon to be sanctioned Mozambique LNG project, aimed at developing offshore gas fields in the Offshore Area 1.

  • Petronas seeks buyers for $1 billion offshore gas project stake – sources

    10 April 2017

    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.

  • ‘Big step forward’ for Harbour Energy as it takes hold of Wintershall Dea’s oil & gas assets

    3 September 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Harbour Energy has brought into its fold all upstream business assets that used to belong to Germany’s Wintershall Dea, aside from the ones in Russia, after wrapping up an $11.2 billion acquisition. 

  • Tokyo Gas, Centrica to buy LNG from Anadarko’s Mozambique project

    15 June 2018
    Project & Tenders

    Anadarko has found buyers for liquefied natural gas to be produced from its Mozambique Area 1 project.  The company has said that Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has signed a Heads of Agreement (HOA) with Tokyo Gas Co., Ltd. (Tokyo Gas) and Centrica LNG Company […]

  • 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 […]

  • Anadarko says “strongly committed” to Mozambique LNG project

    1 June 2016

    Woodlands-based Anadarko said Wednesday the company is “strongly committed” to its multi-billion Mozambique LNG project despite the debt crisis in the African country and the oil price downturn. The Mozambican government has admitted in April to the existence of USD1.4bn in undisclosed loans by the Interior Ministry and state-owned security companies Proindicus and Mozambique Asset Management. While […]

  • 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’ […]

  • 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

  • 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 […]

  • 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

  • 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 […]

  • 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 […]