PTTEP

Weatherford Announces First Quarter 2024 Results and Raises Full Year Margin Guidance

Retrieved on: 
Mardi, avril 23, 2024
Petroleum Development Oman, International, BP, Well drilling, WFRD, PTTEP, Artificial intelligence, Capital expenditure, Growth, Gulf of Mexico, Weatherford International, XT, Senior, Machine learning, MPD, Gas lift, Quattro, Acquisition, Line of credit, ESP, Credit, Kuwait Oil Company

HOUSTON, April 23, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced today its results for the first quarter of 2024.

Key Points: 
  • Operating income was $233 million in the first quarter of 2024, compared to $185 million in the first quarter of 2023 and $216 million in the fourth quarter of 2023.
  • First quarter 2024 cash flows provided by operating activities were $131 million, compared to $84 million in the first quarter of 2023 and $375 million in the fourth quarter of 2023.
  • Capital expenditures were $59 million in the first quarter of 2024, compared to $64 million in the first quarter of 2023 and $67 million in the fourth quarter of 2023.
  • We closed the first quarter 2024 with total cash of approximately $937 million as of March 31, 2024, down $126 million sequentially.

McDermott Awarded Offshore Contract from PTTEP

Retrieved on: 
Mercredi, mars 27, 2024
FPSO, Senior, Transport, USD, PTTEP, Precedence diagram method, Engineering

HOUSTON, March 27, 2024 /PRNewswire/ -- McDermott has been awarded a sizeable* offshore transportation, installation and commissioning contract from PTTEP Sabah Oil Limited (PTTEP) for the Kikeh subsea gas lift project, located 75 miles (120 kilometers) northwest of the island of Labuan, offshore Sabah in East Malaysia.

Key Points: 
  • HOUSTON, March 27, 2024 /PRNewswire/ -- McDermott has been awarded a sizeable* offshore transportation, installation and commissioning contract from PTTEP Sabah Oil Limited (PTTEP) for the Kikeh subsea gas lift project, located 75 miles (120 kilometers) northwest of the island of Labuan, offshore Sabah in East Malaysia.
  • Under the scope of the contract, McDermott will remove the existing flexible gas lift riser and perform the installation and commissioning of a new dynamic riser section and flowline comprised of two thermoplastic composite pipe jumpers.
  • Project management and engineering will be executed from Kuala Lumpur, Malaysia, with support from other McDermott offices.
  • *McDermott defines a sizeable contract as between USD $1 million and USD $50 million.

Weatherford Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Mardi, février 6, 2024
Well, Carbon, Petrobras, Partnership, ExxonMobil, Growth, Weatherford International, Senior, WFRD, PTTEP, Ageing, Note, QatarEnergy, Safety, Capital, MPD, Capital expenditure, Pump, CCS, Well services, Acquisition, Video game

HOUSTON, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced today its results for the fourth quarter of 2023 and full year 2023.

Key Points: 
  • Operating income was $216 million in the fourth quarter of 2023, compared to $218 million in the third quarter of 2023 and $169 million in the fourth quarter of 2022.
  • Basic income per share was $1.94, compared to $1.70 in the third quarter of 2023 and $1.01 in the fourth quarter of 2022.
  • Fourth quarter 2023 cash flows provided by operating activities were $375 million, compared to $172 million in the third quarter of 2023 and $193 million in the fourth quarter of 2022.
  • Capital expenditures were $67 million in the fourth quarter of 2023, compared to $42 million in the third quarter of 2023 and $49 million in the fourth quarter of 2022.

Halliburton Announces Third Quarter 2023 Results

Retrieved on: 
Mardi, octobre 24, 2023
Other Manufacturing, Technology, Other Energy, Engineering, Oil, Gas, Software, Manufacturing, Energy, Machinery, Machine Tools, Metalworking & Metallurgy, Caspian, Well, PTT Exploration and Production, ESP, Intelligence, NYSE, International, APEX, Gulf of Mexico, Pressure, Volume, HAL, Memorandum of understanding, Free cash flow, Nanoparticle, Net income, Summit, Growth, Obex, Evaluation, Hand, Completion, PTTEP, Telemetry, WDP, Operation Active Endeavour, Candid (organization), Beauty salon, Security (finance), Video game, Drug, Natural gas, Real estate, Halliburton

Halliburton Company (NYSE: HAL) announced today net income of $716 million, or $0.79 per diluted share, for the third quarter of 2023.

Key Points: 
  • Halliburton Company (NYSE: HAL) announced today net income of $716 million, or $0.79 per diluted share, for the third quarter of 2023.
  • Halliburton's total revenue for the third quarter of 2023 was $5.8 billion, flat when compared to the second quarter of 2023.
  • Operating income was $1.0 billion in the third quarter of 2023, a 3% increase when compared to the second quarter of 2023.
  • Drilling and Evaluation revenue in the third quarter of 2023 was $2.3 billion while operating income was $378 million, both flat sequentially.

SUPCON Intelligent Operation Management & Control System and Hobré Analyzers Receives Rave Reviews at OGA 2023

Retrieved on: 
Lundi, septembre 18, 2023
APL, Software as a service, SAMSON, HRC, COVID-19, Artificial intelligence of things, PTTEP, HQC, Gas, Control System, Acquisition, Machine learning, Petronas, Kuala Lumpur Convention Centre, ExxonMobil, DCS, Industrial, OGA, Intelligence, KLCC, Safety, Automation, Consumer electronics

SUPCON showcased its star products and solutions for oil, gas & petrochemical industry, including the Intelligent Operation Management & Control System featured with Ethernet-to-Field network and Industrial Operating System equipped with SaaS APP, as well as the cutting-edge instruments including Hobré analyzers.

Key Points: 
  • SUPCON showcased its star products and solutions for oil, gas & petrochemical industry, including the Intelligent Operation Management & Control System featured with Ethernet-to-Field network and Industrial Operating System equipped with SaaS APP, as well as the cutting-edge instruments including Hobré analyzers.
  • Visitors displayed great enthusiasm towards the SUPCON Intelligent Operation Management & Control System, recognizing its game-changing potential to revolutionize industrial practices in autonomous operation.
  • Another highlight of the SUPCON booth at OGA 2023 was Hobré analyzers.
  • The OGA 2023 event provided a valued platform for the oil, gas & petrochemical industry professionals to have in-depth communications sparking with significant insights.

ENGIE and POSCO Led Consortium to develop a 1.2mtp Green Ammonia Project in Oman

Retrieved on: 
Jeudi, juin 22, 2023
Ambassador, Hydrogen, PTTEP, Port, Sultan of Oman's Armed Forces, Carbon, Wind, Samsung Engineering, EWP, COD, European, Special economic zone, Memorandum of understanding, Commercial, POSCO, BESS, Hydromancy, Renewable energy, ENGIE, Engie

The ENGIE and POSCO led-consortium has been named the winner of land block (Z1-02) offered by Hydrom, the orchestrator and master planner of Oman's green hydrogen industry.

Key Points: 
  • The ENGIE and POSCO led-consortium has been named the winner of land block (Z1-02) offered by Hydrom, the orchestrator and master planner of Oman's green hydrogen industry.
  • Spanning 340 sq km, the concession block is located in Duqm, with downstream elements to be established at the Port of Duqm.
  • France commends the remarkable leadership by the Sultanate of Oman to scale up renewables in its energy mix and develop a strong green hydrogen portfolio.
  • The consortium will carry out the feasibility and technical studies, in order to finalize the total capital expenditure requirement for the project.

ENGIE and POSCO Led Consortium to develop a 1.2mtp Green Ammonia Project in Oman

Retrieved on: 
Jeudi, juin 22, 2023
Ambassador, Hydrogen, PTTEP, Port, Sultan of Oman's Armed Forces, Carbon, Wind, Samsung Engineering, EWP, COD, European, Special economic zone, Memorandum of understanding, Commercial, POSCO, BESS, Hydromancy, Renewable energy, ENGIE, Engie

The ENGIE and POSCO led-consortium has been named the winner of land block (Z1-02) offered by Hydrom, the orchestrator and master planner of Oman's green hydrogen industry.

Key Points: 
  • The ENGIE and POSCO led-consortium has been named the winner of land block (Z1-02) offered by Hydrom, the orchestrator and master planner of Oman's green hydrogen industry.
  • Spanning 340 sq km, the concession block is located in Duqm, with downstream elements to be established at the Port of Duqm.
  • France commends the remarkable leadership by the Sultanate of Oman to scale up renewables in its energy mix and develop a strong green hydrogen portfolio.
  • The consortium will carry out the feasibility and technical studies, in order to finalize the total capital expenditure requirement for the project.

Technip Energies to Perform FEED for PTTEP Lang Lebah Onshore Gas Plant Associated with Carbon Capture in Malaysia

Retrieved on: 
Jeudi, octobre 6, 2022
Oil, Gas, Manufacturing, Energy, Utilities, Chemicals, Plastics, Carbon, Electric Bond and Share Company v. Securities and Exchange Commission, Engineering & Technology, Technology, Energy, Life, Transport, Liquefied natural gas, FEED, Euronext Paris, History, SEC filing, Form, PTTEP, Forward-looking statement, Hydrogen, U.S. Securities and Exchange Commission, Risk, CO2, Natural gas, Renewable energy, Risk management, LNG

Technip Energies (PARIS: TE) has been selected by PTTEP HK Offshore Ltd. to perform the Front-End Engineering Design (FEED) of the Lang Lebah Onshore Gas Plant 2 (OGP2) project located in Bintulu, Sarawak, in Malaysia.

Key Points: 
  • Technip Energies (PARIS: TE) has been selected by PTTEP HK Offshore Ltd. to perform the Front-End Engineering Design (FEED) of the Lang Lebah Onshore Gas Plant 2 (OGP2) project located in Bintulu, Sarawak, in Malaysia.
  • The gas coming from the Lang Lebah offshore field will be treated before being sent to the Malaysia LNG complex.
  • Loic Chapuis, SVP Gas & Low-Carbon Energies of Technip Energies, stated, "We are very pleased to have been selected by PTTEP for this landmark gas development in Sarawak.
  • While Technip Energies believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting Technip Energies will be those that Technip Energies anticipates.

Thunder Cranes Launches Middle East & Africa

Retrieved on: 
Mercredi, octobre 5, 2022
Oil, Gas, Manufacturing, Energy, Machinery, Engineering, API, Efficiency, Arumugam, Chevron, Contract, Multimedia, CEO, PTTEP, Lifting, Solution, Warehouse, Heavy equipment

Thunder Cranes is pleased to announce it has launched operations in the Middle East and Africa.

Key Points: 
  • Thunder Cranes is pleased to announce it has launched operations in the Middle East and Africa.
  • View the full release here: https://www.businesswire.com/news/home/20221003005551/en/
    Dinesh Arumugam, CEO of Thunder Cranes, said, "As a market-leading provider of offshore rental cranes, Thunder Cranes is committed to helping customers in the Middle East and Africa with cost-effective and efficient lifting solutions to support offshore projects."
  • Since 1995, Thunder Cranes has been supplying its proprietary brand of API-compliant, portable-modular cranes which were developed in the USA.
  • Today, Thunder Cranes is headquartered in Malaysia and operates globally, with bases in the UAE, Thailand, Malaysia, Brunei, and Angola.

ARV and Krungthai sign an MOU to pilot ASEAN's first National Corporate Identification (NCID) platform, digitizing the Corporate KYC process for bank account opening

Retrieved on: 
Vendredi, juillet 22, 2022
Financial institution, Time, Public sector, Corporation, PTTEP, BIND, KYC, Memorandum, Corporate bond, Digital, Semantic Web, Industry, Private sector, MT202 COV, Telephone, NCID, Person, MOU, General manager, Organization, Krungthai Bank, PTT Exploration and Production, Achievement, ETDA, ARV, Technology, Web3, Senior, Blockchain, Digital ID, SSI, Efficiency, AI, Cryptocurrency, Data, ASEAN, Robotics

NCID transforms the conventional know-your-customer (KYC) process between Corporates and financial institutions, by digitizing an otherwise paper-intensive and laborious process into one which is fast, efficient, transparent, and secure.

Key Points: 
  • NCID transforms the conventional know-your-customer (KYC) process between Corporates and financial institutions, by digitizing an otherwise paper-intensive and laborious process into one which is fast, efficient, transparent, and secure.
  • NCID platform solves this problem of complex Corporate KYC process by leveraging the concepts of Web 3, Digital ID, Digital document creations and Digital Signatures.
  • The transaction is ASEAN's first digital corporate KYC for corporate bank account opening.
  • Under this collaboration, Krungthai Bank has conducted a digital corporate KYC with a subsidiary under PTTEP group, and successfully opened a corporate account through the NCID platform.