5786 results found for 'matuku'

5786 results found for 'matuku'
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  • Orcadian Energy seeking admission to London Stock Exchange

    9 June 2021
    Business & Finance, Business Developments & Projects

    The North Sea-focused oil and gas development firm Orcadian Energy is intending to seek admission of its shares to trading on the AIM market of the London Stock Exchange.

  • GOGL splashes $752 million on 18 bulkers in fleet renewal push

    18 February 2021
    Business & Finance, Vessels

    Golden Ocean Group Limited has acquired 18 scrubber-fitted dry bulk vessels for a total of $752 million from affiliates of Hemen Holding Limited, a company indirectly controlled by John Fredriksen, the company’s largest shareholder. The batch consists of 10 Newcastlemaxes built in 2019-21 and 8 Kamsarmaxes built in 2020-21, GOGL said, adding that the move […]

  • Safe Bulkers invests in another eco-efficient newbuild

    22 December 2020
    Business & Finance, Environment, Rules & Regulation, Transition, Vessels

    Monaco-based bulker owner Safe Bulkers has acquired a Japanese-built Post-Panamax class, 87,000 dwt, eco-efficient newbuild vessel. The vessel is designed to meet the latest requirements of Energy Efficiency Design Index related to greenhouse gas, EEDI, Phase 3. Once delivered in the third quarter of 2022, it will also comply with the latest NOx emissions regulation, […]

  • Equinor finds gas and condensate in North Sea well

    8 July 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Equinor has discovered gas and condensate in an exploration well 30/2-5 S Atlantis, which is located near the Kvitebjørn field in the North Sea.

  • Deltic boosts gas volumes estimate for North Sea prospect

    12 August 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Deltic Energy has significantly boosted gas volumes and decreased risk profile at the Selene prospect located in the UK North Sea.

  • USA: DeepFlex Enters into Qualification Contract with Petrobras

    16 January 2012
    Business & Finance, Project & Tenders

    DeepFlex announced it has entered into a contract with Petrobras to conduct a qualification testing program on DeepFlex’s patented composite flexible fiber reinforced pipe components. This multi-phase, multi-year contract will include over 5,000 individual tests. This contract award demonstrates Petrobras’ commitment to qualify DeepFlex’s products for offshore applications. Petrobras and DeepFlex have been working in […]

  • Confirmed: Medco to buy ConocoPhillips’ Natuna Sea block

    20 September 2016
    Business & Finance, Project & Tenders

    Following last week’s report that Indonesian energy firm was on the verge of buying ConocoPhillips’ stake in the South Natuna Sea Block B offshore Indonesia, the deal has now been officially confirmed. Medco will acquire ConocoPhillips Indonesia Inc. Ltd. and ConocoPhillips Singapore Operations Pte. Ltd., both subsidiaries of ConocoPhillips. ConocoPhillips Indonesia is the operator of the South […]

  • Baleària: World’s 1st Dual-Fuel Fast Ferry to Be Completed Next Spring

    2 July 2019
    Business & Finance

    The world’s first fast ferry for passengers and cargo has begun to take shape at the Armon de Gijón shipyard.

  • Norway: EMGS,Shell Join Forces to Revolutionize 3D EM Technology

    20 December 2010
    Business & Finance, Equipment

    Electromagnetic Geoservices ASA (EMGS) and Shell have entered into a Joint Industry Project (JIP) to plan and design the next generation of 3D EM equipment. Over the next six months the two companies will, in close collaboration, conduct a feasibility study that includes laboratory tests, design solutions, specifications and a project plan for the development […]

  • RWE Dea Norge Awarded Two New Production Licences

    21 January 2013
    Business & Finance, Operations & Maintenance

    In the Awards in Predefined Areas 2012 (APA 2012), the Norwegian Ministry of Petroleum and Energy has offered RWE Dea Norge two new production licences, one of which is an operatorship. RWE Dea Norge will become operator of a new production licence (PL) with a 40% share, PL694. This increases the company’s total number of […]

  • Investing in the future of energy

    13 May 2015

    2015 will mark the eighth consecutive year of the Offshore Energy Exhibition & Conference (OEEC), on October 13th and 14th, again in the Amsterdam RAI. This year’s diverse and first rate program is coming together nicely. Given recent developments, the Conference will focus mainly on what the future of the offshore industry will look like […]

  • GDF Suez Strengthens Presence in Malaysia E&P Activities

    12 December 2013

    GDF Suez of France said it has jointly entered the offshore deep water exploration Block 3F in Malaysia in partnership with PETRONAS Carigali (40%), operator of the block, and JX Nippon Oil & Gas Exploration (40%). GDF SUEZ holds 20% participating interest in the license. The license has been awarded by Malaysian Authorities to the […]

  • DW: Deepwater Spend to Rise

    7 April 2015
    Business & Finance, Operations & Maintenance, Research & Development

    Deepwater expenditure is expected to increase by 69%, compared to the preceding five-year period, totalling $210 billion from 2015 to 2019, according to Douglas-Westwood’s (DW) World Deepwater Market Forecast 2015-2019. Report author, Mark Adeosun, commented: “As production from mature basins onshore and in shallow water declines, development of deepwater reserves has become increasingly vital, particularly to […]

  • New ‘India Wind Energy Outlook’ Report Released

    4 December 2012
    Research & Development

    Wind energy could soon supply 5 GW annually to fight chronic power shortages in the country, according to the India Wind Energy Outlook, prepared by WISE, IWTMA and GWEC. Officially released at the opening of Wind Power India 2012 by the Hon. Minister of New and Renewable energy Farooq Abdullah, the report examines the state […]

  • Carnarvon Petroleum joins ‘net-zero by 2050’ club

    6 July 2021
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Transition, Vision

    Australian oil exploration company Carnarvon Petroleum has decided to become a net-zero emissions energy business by 2050 if not earlier.

  • UK OW Owner/Operators Commit to SPARTA

    1 July 2015

    All 10 of the UK’s offshore wind farm owner/operators have signed an agreement committing to SPARTA (System Performance, Availability and Reliability Trend Analysis), a collaborative project with the Offshore Renewable Energy (ORE) Catapult and The Crown Estate. Following a successful year-long pilot phase, the owner/operators have recognised the significant benefits that SPARTA can deliver, including […]

  • Highlights of the Week

    21 February 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Subsea World News has put together a recap of the most interesting articles from the previous week (February 15 – February 21). Norway’s Statoil has reportedly given up on constructing a new platform to develop its Snorre 2040 project offshore Norway for a subsea solution which should cut costs, help improve recovery and extend the […]

  • US Navy Eyes Lockheed Martin’s Exoskeletons

    20 August 2014
    Business & Finance

    US defence contractor Lockheed Martin has received a contract through the National Center for Manufacturing Sciences (NCMS) for the U.S. Navy to evaluate and test two FORTIS exoskeletons. This marks the first procurement of Lockheed Martin’s exoskeletons for industrial use. Terms of the contract were not disclosed. The FORTIS exoskeleton is an unpowered, lightweight exoskeleton […]

  • USA: Rooster Petroleum Strikes Oil at Eugene Island 28 Well in the GoM

    11 October 2010

    The Rooster EI 28 Well #6 encountered 60’ of high quality pay in two zones of stacked Cib Carst reservoir sands. Pressure data indicates that these zones are part of the same accumulations. The Well #6 was drilled to a total depth of 10,950’ in 15 feet of water. Initial production from the lower Cib […]

  • DW: Decommissioning firms to benefit from oil price collapse

    1 February 2016

    The oil price collapse has been bad news for nearly every company involved in the industry, but one group that could actually benefit from it are specialist decommissioning companies, Douglas-Westwood, an energy intelligence group, has said in its DW Monday report.  According to Douglas-Westwood, for these companies there is an opportunity to be part of […]

  • TGS and Spectrum move into integration process after closing merger

    15 August 2019
    Business & Finance

    Norwegian seismic player TGS-NOPEC Geophysical Company (TGS) has completed its acquisition of Spectrum, creating a global multi-client geophysical data provider.

  • GDF SUEZ: Production Starts at Amstel Field

    10 February 2014
    Business & Finance, Operations & Maintenance, Research & Development

    GDF SUEZ announces that the Amstel field oil production has started from its newly installed Q13a-A production platform off the Dutch coast. After the acquisition of 50% into the Q13a offshore production licence in 2010, GDF SUEZ Dutch Exploration and Production affiliate – GDF SUEZ E&P Nederland B.V., the first offshore gas producer in the […]

  • Cortez Subsea, OCBS Ink MPS Deal (Malaysia)

    8 April 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Cortez Subsea has established its first foothold in the Malaysian oil and gas sector after joining forces with Oceancare Corporation Sdn Bhd (OCBS) to equip the firm with their modular pipelay system (MPS) which has NOV Tuboscope Zap-Lok connection technology. The alliance will allow the companies to put their joint technology capabilities forward for Petronas’ Vender Development […]

  • Report: Petronas hires ultra-deepwater drillship at $170k per day

    18 September 2017

    Cash-strapped Pacific Drilling has reportedly found work for its Pacific Santa Ana drillship which has been out of work since January. The driller, recently suspended from trading in New York for not fulfilling the required trading conditions, has, according to VesselsValue found employment for its previously stacked drillship Pacific Santa Ana. According to VesselsValue, the […]

  • Internal Combustion Engines Competitive in Enabling Wind and Solar Energy

    14 May 2014
    Technology

    Internal combustion engines (ICEs) are a promising technology for supporting wind and solar energy, a new report by the International Energy Agency (IEA) finds. Comparing different sources of flexibility for power systems, IEA says gas-fired ICE power plants are “very mature technology” and “cost-competitive to OCGTs” (Open Cycle Gas Turbines). Commenting on the alternative technologies, […]