444 results found for 'kaombo'

444 results found for 'kaombo'
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  • Wind power in the running for electrification of West of Shetland oil & gas assets

    7 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Transition

    BP, Equinor and Ithaca Energy have inked a deal to explore electrification options for their West of Shetland portfolio of oil and gas assets.

  • Wheels are in motion for Rosebank oil project off Shetland

    23 February 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Project & Tenders, Transition, Vessels

    Wheels are in motion for the Equinor-operated Rosebank project located West of Shetland, one of the largest undeveloped fields on the UKCS.

  • After delays due to poor weather, Empyrean kicks off drilling ops offshore China

    11 April 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Following several delays, Empyrean Energy has started drilling the Jade prospect well, located in Block 29/11 off China.

  • UK firm dropping out of Shell’s North Sea gas discovery due to funding woes

    11 June 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Deltic Energy is exiting from a gas discovery in the Southern North Sea after its efforts to secure funds for its share of appraisal costs fell through.

  • Amidst outcries to phase out fossil fuels, UK’s OGA chairman stands firm on continuing North Sea exploration for the foreseeable future

    26 November 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

    OGA’s chairman insists on continuing North Sea exploration and describes it as vital to meet the UK’s energy needs, despite outcries to phase out fossil fuels.

  • Ophir Plans Drilling Up to Further 10 Wells in 2014

    15 May 2014

    Ophir Energy plc provides an Interim Management Statement and Operational Update for the period 1 January 2014 to 15 May 2014. Corporate Highlights – Completed the sale of a 20% interest in Blocks 1, 3 and 4, Tanzania to Pavilion Energy. The Company received US$1,255million in cash including completion adjustments with a further US$38million payable […]

  • Byron to move forward with Gulf of Mexico development after making ‘substantial’ discovery

    29 August 2019
    Exploration & Production

    Byron Energy has confirmed substantial hydrocarbon column at its SM58 011 well on the Cutthroat prospect in the Gulf of Mexico. Byron will now move forward with the development of SM58 block. 

  • Dana Gas Q3 Net Profit Up, UAE

    1 November 2012

    Dana Gas PJSC the Middle East’s largest regional private sector natural gas company, announced its financial results for the nine months ended 30 September 2012 with a net profit after tax of AED 491 million, an increase of 37% as compared to AED 359 million for the comparable period in 2011. Revenue from the sale […]

  • With UK’s next licensing round around the corner, activists demand a stop to new oil & gas

    4 October 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Regulation & Policy, Transition

    As the UK gets ready for an oil & gas licensing round, activists have devised roadblocks, demanding a halt to new fossil fuel projects.

  • Russia: Krasnoe Sormovo Splashes Sixth Tanker of RST27 Project

    23 July 2012

    Krasnoe Sormovo Shipyard recently launched the sixth tanker “VF tanker-6” of project RST27 (building No. 02006) with sea/river deadweight of 7022/5420 tons. In total ten tankers of RST27 project should be built at Krasnoe Sormovo shipyard. Taking into consideration speed of works the shipyard is going to complete all the series this year (due to […]

  • Russia: Oka Shipyard Splashes VF Tanker – 21

    17 July 2013

    Oka Shipyard launched the eleventh serial tanker “VF Tanker – 21” of RST27 project on July 10. The vessel, owned by V.F.Tanker Shipping Company, pertains to “Volgo-Don Max” type and has sea/river deadweight of 7030/5428 tons (building No. is 02711). The owner company is member of the VBTH Holding, international transport group Universal Cargo Logistics […]

  • Oil Search Net Profit at USD 113.5 Mln (PNG)

    20 August 2013

    Oil Search of Papua New Guinea announced its 2013 half year results. Total oil and gas production in the first half of 2013 was 3.19 mmboe, similar to the previous corresponding period, reflecting a solid production performance from the key PNG oil fields. The average realised oil price was 6% lower than in the first […]

  • Oil Search: PNG LNG Project 70 Percent Complete

    29 January 2013

    Oil Search of Papua New Guinea announced financial results for the year ended 31 December 2012. Highlights At the end of 2012, the PNG LNG Project was approximately 70% complete and on track for first LNG sales in 2014. The estimated Project cost has increased to $19 billion while the Plant capacity has risen to […]

  • Ithaca-Eni upstream oil & gas combination gives birth to UK’s ‘largest resource holder’ in North Sea

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

    Eni has fused its upstream assets in the UK, excluding East Irish Sea ones and carbon capture, utilization, and storage (CCUS) activities, with Delek’s Ithaca Energy, a North Sea oil and gas operator and producer.

  • COP26 ends with ‘weak and compromised’ line on phasing down fossil fuels

    15 November 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

    After two weeks of intense negotiations, COP26 closed over the weekend and the final outcome is a document known as the Glasgow Climate Pact.

  • Sailing Olympics – Day 12 – Congrats and Consolations

    21 August 2008

    Listen to GBR Star crew Andrew Simpson explain the day that kept them in second overall on the eve of the Star medal race To win a gold is outstanding, but to be the first to win gold must surely be the ultimate. If the thousands that had gathered along Qingdao’s sea wall to wave […]

  • With oil & gas seen as ‘wreaking havoc’ in UK waters, zest to end offshore drilling ignites

    14 April 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Human Capital, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Safety, Transition

    Recent report about the impact of oil spills on UK waters is bound to spur further calls to end offshore drilling while targeting the Rosebank project.

  • Santos Sales Revenue Hits Record High, Australia

    18 October 2013

    Santos announced record sales revenue of over $1 billion for the third quarter of 2013. The record result was driven by the company’s highest oil production in six years, strong oil prices and higher third party sales volumes. Record quarterly sales revenue and strong progress on growth projects Third quarter production of 13.4 million barrels […]

  • Ithaca Energy to buy Chevron’s North Sea business for $2 billion

    30 May 2019
    Business & Finance

    Ithaca Energy, a subsidiary of Israel’s Delek Group, has decided to acquire Chevron North Sea Limited for $2 billion.

  • Kinder Morgan to Buy Copano Energy for USD 5 Billion (USA)

    30 January 2013

    Kinder Morgan Energy Partners and Copano Energy announced a definitive agreement whereby KMP will acquire all of Copano’s outstanding units for a total purchase price of approximately $5 billion, including the assumption of debt. The transaction, which has been approved by the boards of directors of both companies, will be a 100 percent unit for […]

  • Eni and Ithaca firm up business combination deal to establish top-tier oil & gas player in UK waters

    24 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Eni has ironed out an agreement on the combination of its upstream assets in the UK, excluding East Irish Sea ones and CCUS activities with Ithaca Energy.

  • NYK and Oono Development to collaborate on sustainable ship recycling

    18 September 2024
    Business Developments & Projects, Collaboration

    In a big step toward advancing decarbonization efforts, Japanese shipping titan NYK and compatriot civil engineering company Oono Development have joined forces through a Memorandum of Understanding (MoU) to commercialize ‘environmentally friendly’ and responsible ship recycling in Japan. As disclosed, the partnership between NYK and Oono Development will focus on dismantling large ships and offshore […]

  • Oil Search: Net Profit Up, PNG LNG Employs 14,300 Workers

    21 February 2012

    Oil Search of Papua New Guinea said today that it has lifted its full year net profit by 9% to US$202.5 million. The profit increase reflected a 45% rise in the average realised oil price, which more than offset 10.6% lower sales volumes. NPAT excluding significant items rose 64%, from US$144.1 million to US$235.7 million, […]

  • Oil Search: PNG LNG Project on Track

    23 October 2012

    Oil Search reported that its operating revenue for the quarter ended 30 September was US$107.8 million, based on an average realised oil price of US$114.67 per barrel. Commenting on the quarter, Managing Director, Peter Botten, said: “Progress was made on a number of our key strategic initiatives over the quarter. Construction activities continued across the […]

  • Oil Search Achieves Milestone with PNG LNG Project (Papua New Guinea)

    28 April 2011

      Oil Search today announced activities report for the quarter ended 31 March 2011. Commenting on the quarter, Managing Director, Peter Botten, said: PNG LNG Project “Good progress was made at the PNG LNG plant site during the first quarter, with a milestone reached shortly after the end of the quarter with the first foundation […]