5778 results found for 'matuku'

5778 results found for 'matuku'
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  • Cross‑border partnership sets its cap on offshore oil recovery boost

    4 June 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    Malaysia’s state-owned oil and gas heavyweight Petronas has joined forces with regional partners to jointly evaluate opportunities for improved and enhanced oil recovery (IOR/EOR) in offshore acreages.

  • Malaysia ups its energy investment ante with new oil & gas bid round

    11 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Malaysia’s state-owned oil and gas heavyweight Petronas, through Malaysia Petroleum Management (MPM), has launched the Malaysia Bid Round 2026 (MBR 2026) to strengthen Malaysia’s position as an energy investment destination.

  • SBM Offshore’s FPSO duo staying with ExxonMobil offshore Angola until 2032

    18 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has landed a multi-year contract extension for two floating production, storage, and offloading (FPSO) vessels off the coast of Angola with Esso Exploration Angola, an affiliate of the U.S.-headquartered energy giant ExxonMobil.

  • ABS endorses SBM Offshore’s Shell-backed FPSO deepwater cooling tech

    26 May 2026
    Business & Finance, Business Developments & Projects, Certification & Classification, Regulation & Policy, Transition, Vessels

    Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has received the green light for its seawater intake riser (SWIR) technology from American Bureau of Shipping (ABS), a classification society.

  • SLB and Vår Energi embark on digital quest to speed up oil & gas decision-making

    29 May 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, IT & Software, Technology

    U.S.-headquartered technology player SLB is pooling resources with Norway’s oil and gas player Vår Energi to help the operator advance progression from discovery to development, cutting time to first oil by building on multi-discipline, collaborative well planning workflows that reduce cycle times from months to days for projects on the Norwegian Continental Shelf (NCS).

  • 70 more offshore exploration blocks widen Norway’s new oil & gas licensing round

    5 May 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    Norway’s Ministry of Petroleum and Energy has shed light on the expanded award in pre-defined areas 2026 (APA 2026) round for oil and gas exploration activity, encompassing the predefined areas on the Norwegian Continental Shelf (NCS) with blocks in the North Sea, Norwegian Sea, and Barents Sea.

  • Baker Hughes lines up more North Sea oil & gas work with Equinor

    29 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    U.S.-headquartered energy technology giant Baker Hughes has landed two long-term contract extensions with Norway’s state-owned energy player Equinor to support hydrocarbon production in the Norwegian sector of the North Sea.

  • Odfjell Drilling buys six-year-old rig: Name change coming up next year

    15 December 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    A 2019-built semi-submersible rig, owned by Northern Ocean, has now been acquired by Odfjell Drilling, which plans to rename this mobile offshore drilling unit (MODU) in 2026.

  • Investment shift from low carbon toward upstream to continue in 2026

    2 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    After the portfolio recalibrations and restructuring marked the oil and gas industry’s landscape in 2025, Wood Mackenzie, an energy intelligence group, has outlined that the trend will continue in 2026, with oil and gas corporates expected to face “an even tougher strategic balancing act” this year.

  • Yinson Production and PTSC lock in financing for Southeast Asian gas project’s FSO

    15 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Vessels

    Singapore’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, and its joint venture (JV) partner, PTSC, have secured multimillion-dollar funding for the partial construction of a newbuild floating storage and offloading (FSO) unit, destined to be deployed at the Block B gas field off the coast of Vietnam, Southeast Asia.

  • Aquaterra Energy chosen for multi-well intervention and abandonment in Spain

    10 February 2026
    Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, has secured a contract with an undisclosed client for well intervention and abandonment services offshore Spain. Aquaterra Energy said that the contract, worth seven figures and encompassing multiple years, will see it deliver a subsea well access solution to support intervention and abandonment activities across 11 […]

  • 19 oil & gas players widen their offshore acreage in Norwegian waters with new licenses

    14 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Norway’s Ministry of Petroleum and Energy has offered 57 production licenses to 19 oil and gas companies for further hydrocarbon exploration activity on the Norwegian Continental Shelf (NCS), as part of the award in the pre-defined areas 2025 (APA 2025) round, which represents an uptick from the previous licensing round when 20 players got 53 production licenses.

  • Petrobras augments oil arsenal as it strikes black gold in Brazilian waters

    26 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Brazilian state-owned energy giant Petrobras has made a new oil discovery in the pre-salt of the Campos Basin off the coast of Brazil.

  • Equinor picks OneSubsea for subsea compression upgrade

    18 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured an engineering, procurement and construction (EPC) contract from Norwegian state-owned energy firm Equinor to upgrade the subsea compression system for the Gullfaks field in the Norwegian North Sea. SLB said that OneSubsea will deliver two next-generation compressor modules to replace the units […]

  • 20-year LNG deal between Petronas and JERA strengthens Japan’s energy security

    11 June 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders

    Malaysia’s state-owned oil and gas heavyweight Petronas has sealed a two-decade-long liquefied natural gas (LNG) supply arrangement with Japan’s power generation major JERA, which fortifies the energy bonds between the two countries and extends the companies’ partnership into the 2040s.

  • Seadrill’s drillship staying 1,095 days longer with Petrobras

    6 April 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Brazil’s state-owned energy giant Petrobras has prolonged a drilling assignment that an ultra-deepwater drillship is carrying out in the South American country.

  • Oceaneering pilots ROV on Brazilian offshore drilling rig from land 

    21 April 2026
    Business & Finance, Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Project & Tenders, Technology, Vessels, Vision

    Oceaneering has performed the first piloting operation of a remotely operated vehicle (ROV) on a drilling rig offshore Brazil from its onshore remote operations center (OROC), for Brazilian oil & gas giant Petrobras. The company’s Subsea Robotics segment and Brazilian subsidiary Marine Production Systems do Brasil LTDA (MPS) piloted an ROV located on a drilling rig from the […]

  • BW Energy enters Angola’s offshore oil & gas playground with new acquisition

    12 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Oslo-listed oil and gas E&P player BW Energy has struck a deal to get hold of minor stakes in two blocks off the coast of Angola.

  • LNG pact enables Greek FSRU to boost Southeast Europe’s gas supply diversification

    28 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Mercuria, an independent energy and commodity trader, has joined forces with Motor Oil Hellas (MOH) to ensure liquefied natural gas (LNG) supply through a floating storage and regasification unit (FSRU) in Greece’s Saronic Gulf.

  • TotalEnergies’ 750-million-barrel project offshore Namibia targets first oil in 2030

    14 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    France-headquartered energy giant TotalEnergies is setting the stage to bring online its deepwater oil discovery in the Orange Basin off the coast of Namibia, as the African country enhances port infrastructure and policy framework ahead of the project launch, which is seen as a growth driver for the nation’s offshore energy industry.

  • Deal signed to progress cross-border Baltic Sea CCUS initiative

    27 January 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Infrastructure, Outlook & Strategy, Project & Tenders, Storage, Transition, Vision

    A UK-Swedish partnership has been established to advance a cross-border carbon capture, utilization and storage (CCUS) initiative designed to accelerate industrial decarbonization across the Baltic Sea region. Under a memorandum of understanding (MoU), the UK’s Progressive Energy and Swedish Pipe58 AB will pursue the Highway58 project, which aims to establish a new, shared CO2 transport […]

  • Norwegian CO2 transport and storage project gathers three industry majors

    4 May 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Storage, Transition, Vision

    Aker Solutions, Knutsen NYK Carbon Carriers (KNCC), a joint venture of Knutsen Group and NYKLine, and Vår Energi CCS AS, the project’s operator, have signed a memorandum of understanding (MoU) to advance the Trudvang CO2 transportation and storage project in the Norwegian North Sea. The partnership will combine KNCC’s specialized CO2 carriers equipped with dynamic […]

  • Ulstein building two 130-meter CLVs for OMS Group

    19 January 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Norway-headquartered subsea services provider OMS Group has signed contracts with Norwegian shipbuilder Ulstein for the design and construction of two cable-laying vessels (CLVs). Designed by Ulstein Design & Solutions, the ULSTEIN SX252 vessels will be 130 meters long and 22 meters wide and will have a capacity of up to 6,500 tons of cable. “This […]

  • Pre-emption twist may block or delay BW Energy’s entry into Angola’s oil & gas arena

    6 February 2026
    Business & Finance, Business Developments & Projects

    Oslo-listed oil and gas E&P player BW Energy is facing a pre-emption challenge, spurring uncertainty over its acquisition of two blocks off the coast of Angola, potentially hindering the firm’s expansion in West Africa.

  • Subsea7, OneSubsea chosen for FEED at Canadian $12 billion oil project

    29 April 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Subsea Integration Alliance (SIA), a strategic alliance between SLB OneSubsea and Subsea7, has won a front-end engineering design (FEED) contract with Norwegian state-owned energy firm Equinor for a deepwater oil project offshore Canada. The FEED contract for the Bay du Nord project builds on the long-term strategic collaboration agreement SIA signed with Equinor in 2024, […]