5759 results found for 'matuku'

5759 results found for 'matuku'
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  • Aker Solutions Introduces Intelligent Subsea to Accelerate Field Developments

    3 September 2019
    Research & Development

    Aker Solutions has launched its Intelligent Subsea offering designed to accelerate field development and maximize performance. The industry has standardized, simplified and reduced the size of equipment in recent years, but a further step-change is needed to drive a sustainable future for the subsea industry and the world it serves, Aker Solutions said. With Aker […]

  • Experts to Discuss Global Opportunities at Subsea Expo

    27 January 2016

    As part of the UK Government’s strategy to increase British exports to £1 trillion, Subsea UK is encouraging companies to set their sights on international expansion to sustain long-term growth. The industry body has widened its “Global Opportunities” programme during Subsea Expo, to be held at AECC from 3 – 5 February. UK Trade & […]

  • Bulk Carriers to Cut Costs at Nowa Nowa

    17 November 2014
    Business & Finance

    Australia’s Eastern Iron Limited has received a scoping level report from independent shipping consultants, Innovative Shipping Group Pty Ltd (ISG), which has investigated the potential to load iron concentrate directly to suitably configured bulk carrying vessels directly off the Victorian coast some 20 kilometres from the Nowa Nowa mine site. ISG has advised that “the study […]

  • LR, Penn Oak Energy Join Forces on LNG

    21 July 2015
    Business & Finance

    Lloyd’s Register North America, Inc. (LR) has teamed with Penn Oak Energy Corp with the aim of helping companies raise much needed capital and mitigate the technical risks associated with retrofitting ships fuelled by liquid natural gas (LNG), by providing a one-stop-shop solution to the industry.  The challenge to building these new environmentally-friendly ships has […]

  • Austal Secures Post-Delivery Support Contract for USS Jackson

    6 March 2014
    Business & Finance

    Austal Limited (Austal) has been awarded a contract for post-delivery support on USS Jackson (Littoral Combat Ship 6). The U.S. Navy awarded Austal USA a $7,120,153 modification to a previously awarded contract to exercise an option for post-delivery support for LCS 6. Under the contract, Austal USA will perform planning and implementation of deferred design […]

  • Statoil Awarded Interests in 14 Production Licences Offshore Norway

    16 January 2013
    Business & Finance

    Statoil was awarded interests in 14 production licences on the Norwegian continental shelf, of which 7 are operated by Statoil. The broad award reflects Statoil’s extensive application. In this Awards of Predefined Areas (APA) round Statoil has applied for production licences in the North Sea, the Norwegian Sea and the Barents Sea based on established […]

  • CGX and Frontera execute Guyana farm-in deal

    4 February 2019

    CGX Energy and Frontera Energy have executed a farm-in joint venture agreement covering CGX’s two shallow water offshore Petroleum Prospecting Licenses in Guyana.F

  • Aker BP granted consent for Valhall West Flank platform start-up

    2 October 2019

    Aker BP has been given consent to start up the Valhall West Flank platform in the North Sea offshore Norway.

  • Xodus Names Global Subsurface Lead

    25 June 2015
    Business & Finance

    Xodus Group has promoted Andrew Sewell to the role of Global Subsurface Lead to drive forward its global subsurface capabilities. Sewell has more than 24 years’ experience working in the oil and gas industry, initially as a Geophysicist, and joined Xodus in 2012 as Subsurface Manager. He previously worked with Senergy (now LR Senergy) as […]

  • Shelf Drilling working to secure funds for rig upgrade

    21 February 2020
    Exploration & Production

    Shelf Drilling has closed a private placement of $80 million of senior secured notes with an intention to use the proceeds to finance activation and upgrade costs for a drilling rig recently acquired from Maersk Drilling. 

  • PGS Re-Maps Producing Areas of North Sea with GeoStreamer (Norway)

    30 June 2011
    Business & Finance, Operations & Maintenance, Research & Development

      In 2011, PGS is looking for more unexpected and the unexplored targets in key producing areas of the North Sea with a new wave of GeoStreamer MultiClient 3D. Near-field exploration potential GeoStreamer® technology promises to unlock the excellent near-field exploration potential still offered by the North Sea. The key is better imaging and understanding […]

  • New Tanzania Discovery for Statoil

    30 March 2015
    Operations & Maintenance

    The Tanzania Ministry of Energy and Minerals announced that the Mdalasini-1 exploration well drilled by Statoil (Operator) has resulted in a new natural gas discovery offshore Tanzania. The discovery of an additional 1.0-1.8 trillion cubic feet (tcf) of natural gas in place in the Mdalasini-1 well, brings the total of in-place volumes up to approximately […]

  • Siem Offshore seeks debt relief from banks, in talks to sell cable lay business

    20 November 2017
    Business & Finance

    Norwegian shipping company Siem Offshore is seeking help from banks to ensure its survival through the downturn. The shipowner is also looking to sell its cable lay business. 

  • Energean gets funds for Prinos and Epsilon fields offshore Greece

    20 May 2016
    Business & Finance

    The European Bank for Reconstruction and Development (EBRD) and Energean Oil & Gas have signed a $75 million financing package to support the company’s ongoing $200 million investment plan to develop the Prinos and Epsilon oil fields offshore northern Greece. According to a press release by Energean and EBRD, the package is also meant for […]

  • BP boosts Culzean field stake

    16 May 2016
    Business & Finance

    JX Nippon Oil and Gas Exploration Corporation has sold a 16% working interest in a licence containing the Culzean field located in the UK North Sea to oil major BP.  According to JX Nippon’s press release on Monday, the company’s wholly owned subsidiary, JX Nippon Exploration and Production (U.K.) (JXNEPUK), sold its 16% working interest in […]

  • CGG in airborne gravity and magnetic survey offshore Mexico

    22 February 2016

    CGG, a  geophysical services company, has announced that it will start a multi-client airborne gravity and magnetic survey offshore Mexico. According to the company, the Comisión Nacional de Hidrocarburos (CNH) has authorized the program, which will include the acquisition of approximately 200,000 line kilometers over six areas across the Mexican Gulf of Mexico. Data acquisition […]

  • Statoil buys $539M worth of Lundin Petroleum shares

    14 January 2016

    Norwegian oil company Statoil has acquired 37,101, 561 shares in Lundin Petroleum AB, an independent oil company based in Sweden at a total purchase price of approximately SEK 4.6 billion ($539.4 million). The amount of shares Statoil bought corresponds to 11.93 percent of the shares and votes. The investment in Lundin Petroleum will increase Statoil’s indirect […]

  • Apache hires rig for Levitt-1 well (Australia)

    24 March 2015
    Business & Finance, Exploration & Production

    Karoon Gas Australia has announced that a semi-submersible drilling rig has been contracted to drill the first well for Apache and Karoon in the northern Carnarvon Basin exploration permit WA 482-P, off Australia.  According to Karoon, the Levitt-1 exploration well is expected to spud during May 2015. Apache Northwest Pty Ltd, the Operator of the permit, has contracted […]

  • Rowan sees 45% revenue increase owing to three newbuild drillships

    7 May 2015
    Exploration & Production

    Rowan Companies plc, a Houston-based drilling contractor, has reported net income of $123.7 million for the three months ended March 31, 2015 compared to $59.6 million in the first quarter of 2014.  Net income for the prior-year quarter included a litigation settlement gain which increased net income from continuing operations by $20.9 million. The prior-year […]

  • NPD Names Director for the Norwegian Sea and Barents Sea

    10 October 2013

      Ingrid Sølvberg (43) joined the Norwegian Petroleum Directorate’s management team on 1 October, as director for the Norwegian Sea and Barents Sea. Ingrid Sølvberg comes from the position of commercial manager in Centrica. She has previously held a number of expert and management positions in Statoil within technical facilities and strategic areas. “I am […]

  • Statoil Strikes Oil Off Newfoundland

    19 June 2013

    Statoil has made a discovery of light, high-quality oil in the Flemish Pass Basin, offshore Newfoundland. Oil was encountered while drilling the Harpoon prospect (EL 1112), located approximately 500 kilometres north-east of St. John’s, Newfoundland and Labrador, Canada. “While it is still too early to determine Harpoon’s resource potential at this time, this is very encouraging […]

  • BP to Sell Interests in Four Gulf of Mexico Fields to Marubeni for $650 million

    25 October 2010
    Business & Finance

    BP today announced that it has reached agreement to sell its recently-acquired interests in four mature producing deepwater oil and gas fields in the US Gulf of Mexico to Marubeni Oil and Gas for $650 million. BP acquired the interests in the fields – Magnolia, Merganser, Nansen and Zia – from Devon Energy earlier in […]

  • Norway: Statoil Increases Gudrun Stake

    16 December 2010
    Business & Finance

    On 15 December Statoil signed an agreement with Marathon to acquire their 20% interest in the Gudrun project, and their 12.5% interest in the Eirin discovery in the Sleipner area. Statoil increases its holding from 55% to 75% in production licences 025 and 187 in the North Sea. The licences cover the Gudrun field currently […]

  • USA: Baker Hughes to Sell Certain Gulf of Mexico Assets to Superior Energy

    6 July 2010
    Business & Finance

    Baker Hughes Incorporated (“Baker Hughes”) announced today that its subsidiaries have signed an agreement to sell a package of assets including two stimulation vessels (the HR Hughes and Blue Ray) and certain other assets used to perform sand control and stimulation services in the US Gulf of Mexico to a subsidiary of Superior Energy Services, […]

  • Statoil proves oil in Grane area

    21 October 2014
    Exploration & Production, Project & Tenders

    Operator Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea. Well 25/8-18 S, drilled by the rig Transocean Leader, proved an oil column of 25 meters in the Heimdal Formation. The estimated volume of the discovery is in the range […]