5789 results found for 'matuku'

5789 results found for 'matuku'
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  • Sapura Energy enters New Zealand. Clinches stakes in five offshore permits

    26 March 2018

    Malaysia’s Sapura Energy has entered into the New Zealand oil and gas market by farming into five offshore exploration permits within the Taranaki Basin. The farm-in agreements are with Austria’s OMV and Japan’s Mitsui. “We are excited about our entry into New Zealand which may open up opportunities in a proven area for Sapura E&P,” said […]

  • ‘Early mover’ Petronas increases Mexico footprint

    2 August 2017

    Malaysian oil and gas company Petronas has further increased its footprint in Mexico, and is now set to open a new office in the country to strengthen its commitment to the country’s oil and gas sector. In a recently held licensing round, Petronas has, in partnership with Colombia’s Ecopetrol, been awarded the shallow water Block […]

  • Octanex: First oil flows at Ophir field (Malaysia)

    15 November 2017
    Infrastructure, Project & Tenders

    Octanex has achieved first oil from its Ophir field, offshore Malaysia.

  • SCF Group’s Net Profit Falls amid Soft Spot Tanker Rates

    20 March 2017
    Business & Finance

    PAO Sovcomflot (SCF Group), Russia’s largest shipping company, reported a net profit of USD 206.8 million for 2016, down by 42 pct from the previously booked USD 354.5 million in 2015 amid market volatility. As explained by Sergey Frank, President and CEO of Sovcomflot, 2016 witnessed a material softening in demand that impacted negatively spot […]

  • Export Credit Norway Offers Retrofit Loans

    26 May 2017
    Business & Finance

    Following the IMO ratifications of the ballast water and exhaust gas treaties, Export Credit Norway is offering financing to international vessel owners who purchase retrofit equipment from Norwegian suppliers. Export Credit Norway has launched the new loans to support vessel owners who need to retrofit equipment such as gas exhaust cleaning systems, ballast water treatment systems and […]

  • APSI Completes Documentation for Joint Venture with Crowley

    8 November 2013
    Business & Finance

    Aker Philadelphia Shipyard, Inc. (APSI), and Crowley Maritime Corporation have completed definitive documentation and satisfied the closing conditions for the joint venture related to the operation and chartering of at least four product tankers. The transaction was originally announced on August 9, 2013. The agreements include binding shipbuilding contracts for the first four product tankers, […]

  • Inai Kiara to Launch TSHD “Inai Kenanga” Tomorrow

    21 August 2013

    Inai Kiara SDN BHD, Malaysia’s largest marine services provider, announced that the Prime Minister Datuk Seri Najib Razak will launch the trailing suction hopper dredger Inai Kenanga tomorrow. This remarkable vessel, which is 200m long and 36.4m wide, is Malaysia’s largest and the world’s third biggest dredger, according to btimes.com. The launching of the TSHD […]

  • KBR Inks License Agreement with Daewoo for CatD Drilling Unit

    5 September 2012

    KBR  announced today that its subsidiary GVA has signed a license agreement with Daewoo Shipbuilding & Marine Engineering Co Ltd in Korea for the fabrication of its GVA 4000NCS, CatD Drilling Unit. The concept for the unit is tailor-made by the industry for Statoil primarily for drilling production and well completion in mature fields. Songa […]

  • World-first as Woodside removes riser turret mooring from Australian waters (Photo+video)

    20 October 2023
    Business & Finance, Business Developments & Projects, Environment, Heavy lifting, Infrastructure, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Vessels

    Australian energy giant Woodside Energy has removed the decommissioned Nganhurra riser turret mooring (RTM) from Australian water, which is now in transit to the shore for recycling and reuse. The Nganhurra RTM has been lifted onto a barge approximately 38 kilometers north of the North West Cape in Western Australia and is transiting to the […]

  • Scottish floating wind project completes 2022 offshore survey campaign

    10 October 2022
    Business Developments & Projects

    The geophysical and environmental survey works for the Salamander floating offshore wind project in Scotland have been completed, marking a significant milestone for the 100 MW project that is planned to be progressed through of the Scottish Innovation and Targeted Oil and Gas (INTOG) leasing round. The survey activities commenced on 7 August and were […]

  • Borr Drilling secures work for five jack-up rigs

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

    Offshore rig owner Borr Drilling has been awarded new contracts and extensions for five of its jack-up drilling rigs.

  • Woodmac: Medco-Ophir merger to create SE Asia upstream powerhouse

    3 January 2019
    Business & Finance

    Following this week’s announcement by Ophir Energy that the company is in talks with Medco Energi over a potential sale to the Indonesian firm, energy intelligence group Wood Mackenzie has described Medco’s swoop for Ophir as a bold one.

  • Siemens Gamesa Sends Off First Rentel Nacelles

    21 March 2018
    Operations & Maintenance, Ports & Logistics

    Siemens Gamesa has shipped out the first nacelles for the 309MW Rentel offshore wind farm from Cuxhaven, Germany, to the installation port in Ostend, Belgium.

  • Seabased Targets Certification with EMEC Partnership

    6 February 2020
    Research & Development, Technology

    Seabased has signed an agreement with the European Marine Energy Centre (EMEC) to design and implement a testing programme supporting Seabased’s certification goal for its wave-to-grid wave energy park technology. Certification should pave the way for quality-controlled manufacture. A certified process should enable a reduction in manufacturing costs, logistics and transport, a faster track to […]

  • Bluefin Robotics Corporation Announces Regional Partnership with International Industries III (USA)

    22 February 2011
    Business & Finance

      Bluefin Robotics Corporation, a leader in the design and manufacturing of Autonomous Underwater Vehicles (AUVs), has announced a regional partnership with International Industries, Inc. (III), provider of marine, hydrographic and survey equipment and software. Headquartered in Annapolis, Maryland, III will promote and sell Bluefin products in New York, New Jersey, Pennsylvania, Delaware, Ohio, Indiana, […]

  • UK’s offshore licensing round draws 29 applications

    31 October 2016

    UK’s Oil and Gas Authority (OGA) has received 29 applications covering 113 blocks in the latest offshore licensing round for under-explored areas of the UK Continental Shelf (UKCS). The 29th offshore licensing round was launched on July 27, 2016, and closed for applications on October 26, 2016. OGA said on Monday that the 29th Frontier […]

  • CorPower Ocean set to catch investment wave at Sweden Sustaintech Venture Day

    16 March 2022
    Business & Finance, Business Developments & Projects, Equipment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology

    Swedish wave energy developer CorPower Ocean has been selected from 600 companies to appear at the forthcoming Sweden Sustaintech Venture Day, established to support the scale-up of sustainable businesses.

  • Statoil Pleased With APA 2012. Bags 14 Licences (Norway)

    16 January 2013
    Business & Finance

    Statoil was yesterday 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 […]

  • Remote Sensing Will Play Increasingly Important Role in Wind Power Market (USA)

    21 August 2013
    Research & Development, Technology

    The wind power market currently provides almost 3 percent of global electricity production. As the wind power industry matures, wind forecasting technologies are becoming critical in order to integrate greater amounts of variable wind energy into the grid.  Meteorological towers, or met towers, the predominant solution at present, serve a range of forecasting needs. According […]

  • Natural Power and SeaRoc Jointly Publish Article on Offshore Safety within North American Wind Industry

    1 August 2011
    Research & Development

      Leading international renewable energy consultancy, Natural Power, and marine, engineering and offshore specialists, SeaRoc, have jointly published an article on learning safety lessons from the European offshore wind industry in the offshore supplement of North American Wind Power. The article goes into depth about how North America can learn from the European experience, focusing […]

  • Seismic player AGS seeks financial lifeline

    14 January 2021
    Business & Finance

    Ocean bottom node seismic player Axxis Geo Solutions (AGS) is looking to address its debt situation and improve its balance sheet through a capital restructuring. The Oslo-listed company said it has over some time been in active dialogue with its current stakeholders and other strategic and financial investors. As a result of this process, a […]

  • Navios Containers Buys Three More Boxships

    8 May 2018
    Business & Finance

    Navios Maritime Containers has agreed to purchase three containerships for a price of USD 117.25 million.

  • SPE: Exciting but Challenging Times for Investors in UK Oil and Gas Industry

    13 May 2013

    The Society of Petroleum Engineers London Section (SPE London) today revealed further details of its upcoming conference and exhibition ‘Managing oil and gas portfolios in uncertain markets’, which will explore the complex nature of the UK oil and gas industry and how owners, investors and operators can better manage UK portfolios in this climate. The […]

  • DW: O&G demand will require many new development wells to be drilled

    8 April 2014
    Business & Finance

    Douglas-Westwood’s new Drilling & Production information service is producing some interesting numbers, not least that meeting future global oil & gas demand will require massive numbers of new development wells to be drilled; in 2014 some 83,000, of which 80,000 will be onshore and 3,000 offshore. However, a forecast 17% increase in oil & gas […]

  • ESL Shipping secures new €70M loan to finance next-gen green ships

    27 May 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    Finland-based shipowner ESL Shipping has signed a €70 million loan agreement with Swedish finance provider Svenska Skeppshypotek to partially finance a series of four methanol-fueled 17,000 dwt Handysize vessels.