5753 results found for 'matuku'

5753 results found for 'matuku'
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  • Rockhopper, Premier Complete Farm-Out Agreement (Falkland Islands)

    19 October 2012
    Business & Finance

    Rockhopper, the North Falkland Basin oil and gas exploration company, has announced the completion of the farm-out agreement with Premier Oil plc. Premier has agreed to pay Rockhopper an upfront cash consideration of US$231 million, payable on completion of the transaction. Furthermore, Premier will, subject to field development plan approval, provide $722 million. Upon receipt […]

  • Cluff on the lookout for North Sea partners

    7 January 2016

    Cluff Natural Resources Plc, a natural resources investing company, is planning to focus on its Southern North Sea assets in 2016 and is looking for partners to provide funding for drilling of one or more wells.  Cluff Natural Resources says it is already in the process of starting the next phase of technical evaluation with […]

  • Aker, Dan-Unity join forces for maritime CO2 transport

    7 February 2022
    Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Project & Tenders

    Norwegian Aker Carbon Capture and Danish Dan-Unity CO2 have signed a collaboration agreement to develop flexible CO2 transport solutions, aiming to establish a full carbon capture, utilization and storage (CCUS) value chain.

  • Trafigura inks its 1st sustainability-linked loan

    18 March 2021
    Business & Finance, Environment, Regulation & Policy, Transition

    Commodity trading company Trafigura has closed its first sustainability-linked loan structure worth over $5 billion. The loan structure is comprised of a new 365-day European multi-currency syndicated revolving credit facility totaling $ 1.85 billion, as well as the extension and increase of its $3.65 billion 3-year facility. The 365-day ERCF will be used to refinance the […]

  • Swedish Energy Agency allocates $3.5M in latest marine energy call

    3 August 2020
    Authorities & Government, Business Developments & Projects, Infrastructure, Research & Development, Technology

    The Swedish Energy Agency has recently opened a call for the development of cost-effective and sustainable marine energy systems. The Agency’s support within the framework of this call for proposals is approximately SEK 30 million ($3.45 million). Also, each project within the call for proposals may receive a maximum of SEK 7 million in support. […]

  • Dolphin rig to drill HPHT well for Wellesley

    11 May 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Dolphin Drilling has secured a Letter of Intent with Wellesley Petroleum for the drilling of an HPHT exploration well on the NCS.

  • Advertorial: ESS Technology Nets Another Patent Award

    28 June 2017

    By Emma Anderson, Ecosse Subsea Ecosse Subsea Systems Ltd. (ESS), based in Aberdeenshire, are delighted to announce the award of U.S.Pat.Nos. 9422690 and 9657455 for their SUST (SCAR Uninterrupted Soils Testing) plough technology. The ESS Over-the Stern Plough System is protected under patents pending in the EU (13728243) and in the U.S.(2014/0150303 A1). This proprietary […]

  • EEW SPC sends off first monopile foundations for US waters

    21 April 2020
    Business Developments & Projects

    Rostock-based EEW Special Pipe Constructions GmbH has manufactured and delivered the first monopile foundations to be installed off the United States. EEW SPC built the two heavy monopile foundations and two transition pieces for the Coastal Virginia Offshore Wind (CVOW) demonstration project offshore Virginia. The load-out of the heavy steel structures has recently been completed […]

  • Equinor Begins Production from Trestakk Field

    16 July 2019
    Operations & Maintenance

    Equinor has started production from the Trestakk subsea field on Haltenbanken in the Norwegian Sea. Tied back to the Åsgard A floating production vessel, the field has estimated recoverable resources of 76 million barrels of oil. “Together with our partners ExxonMobil and Vår Energi we spent ample time on maturing Trestakk, and with proper assistance […]

  • Maersk Oil downsizes workforce in US and Angola

    1 April 2016

    Danish oil company Maersk Oil will let go around a 100 workers as it has announced plans to reduce its organisations in Angola and the US, citing continued challenging market conditions for deepwater developments. The move will result in the closure of the company’s Houston office and a reduction of the Luanda team, impacting approximately 100 […]

  • PGS launches Southern North Sea seismic data reprocessing program

    21 April 2022
    Business Developments & Projects, Carbon Capture Usage & Storage

    Norwegian seismic company PGS is kicking off the Southern North Sea (SNS) Vision data rejuvenation project targeting a mature gas province in the central SNS area.

  • EMGS Secures $4 Million Worth of Late Sales for Barents Sea Multi-client 3D EM data

    4 October 2010
    Business & Finance

    Electromagnetic Geoservices ASA (EMGS) announced today that it has secured late-sales worth approximately USD 4 million for its multi-client 3D EM data in the Barents Sea, ahead of Norway’s 21st exploration licensing round. These revenues will be recognised in the third quarter of 2010. Industry pre-funding and late-sales year-to-date totals approximately USD 10 million, of […]

  • Odfjell Hires Four Chemical Tanker Newbuilds, Forms Tanker Pool with Sinochem

    14 November 2017
    Business & Finance

     Norwegian shipping and tank terminal company Odfjell SE has signed a framework agreement with Sinochem Shipping Singapore whereby Odfjell will take four newbuilding 40,900 dwt chemical tankers on long-term bareboat charters. The bareboat charters include purchase options at the end of the charter period. The four ships are part of a total newbuilding order of eight chemical tankers. […]

  • BW LPG Inks Term Sheet for New USD 150 Mn Loan

    23 November 2017
    Business & Finance

    Owner and operator of LPG vessels BW LPG is in the documentation stage for the refinancing of its existing USD 150 million unsecured revolving credit facility maturing in March 2018.  Namely, the company signed a committed term sheet for the new USD 150 million, five-year senior secured term loan on November 8. The move has been announced in the company’s financial […]

  • MUA: Maritime Employers Need to Take Vital Steps to Save Australian Supply Chains

    30 March 2020

    MUA urges Australia’s maritime businesses to implement a framework aimed at preventing coronavirus transmission.

  • Maersk to Pilot Battery System on 4,500 TEU Boxship

    6 November 2019
    Business & Finance

    A containerized 600 kWh marine battery system will be installed on board the 4,500 TEU Maersk Cape Town.

  • Financial Troubles Push DryShips to Offer Shares

    9 June 2016
    Business & Finance

    After its shares plunged on Tuesday due to defaulting on three loan payments, the Athens-based owner of drybulk carriers and offshore support vessels DryShips Inc. entered into an agreement with an institutional investor for the sale of 5,000 newly designated Series C convertible preferred shares. The deal between the parties also includes warrants to purchase 5,000 Series C convertible […]

  • Blue Logic, WPC Get Funds for ‘Subsea USB’ Project

    9 June 2015
    Business & Finance, Equipment, Project & Tenders, Research & Development

    Norway’s Blue Logic has secured a strategic R&D project with Innovation Norway and a major global service provider. The N0K 12 million industrial research and development contract is based on Blue Logic’s track record in producing inductive subsea connectors. Blue Logic worked together with WPC in Kristiansand to mature the core technology and to find a partner with the […]

  • Sterling, Pura Vida Ink Farm-Out Agreement

    1 November 2013
    Business & Finance, Operations & Maintenance, Project & Tenders, Research & Development

    Sterling Energy Plc, the AIM listed independent oil & gas exploration and production company, announced today that its wholly owned subsidiary, Sterling Energy (UK) Limited, has signed a Farm-out Agreement for the Production Sharing Contract of the Ambilobe Block, located offshore Madagascar, with Pura Vida Mauritius. Sterling currently holds a 100% interest in, and is […]

  • Philippines: Nido Petroleum Completes SC 54A and SC 54B 2D Seismic Surveys

    15 December 2011
    Business & Finance, Operations & Maintenance

    Nido Petroleum Philippines Pty Limited , as Operator of Service Contract 54A (‘SC 54A’) and Service Contract 54B (‘SC 54B’), announces the successful completion of the combined SC 54A Lawaan/Libas and SC 54B Pawikan 2D seismic surveys on 10 December 2011. Nido’s partners in SC 54A are Yilgarn Petroleum Philippines Pty Ltd (a wholly owned […]

  • MEO Australia Acquires 50 Pct Interest in Gulf of Thailand Block G2/48

    27 February 2012
    Business & Finance, Operations & Maintenance

    MEO Australia Limited announces that its wholly owned subsidiary Rayong Offshore Exploration Limited has executed a binding farm-in agreement with Pearl Oil Offshore Limited to acquire a 50% Participating Interest in the Block G2/48 Concession in the Gulf of Thailand. G2/48 is located in shallow water, proximal to the Jasmine producing oil field and the […]

  • USA: Statoil Secures 26 New Leases in Gulf of Mexico

    21 June 2012
    Business & Finance

    Statoil was the high bidder on 26 leases in the first lease sale in the Central Gulf of Mexico since March of 2010. With the addition, Statoil will control more than 350 leases in the Gulf of Mexico, further securing its significant leaseholder position “We are very pleased with today’s outcome,” says Erik Finnstrom, senior […]

  • Rystad: 2019 shaping up to be Norway’s best exploration year since 2014

    6 November 2019

    Equinor on Wednesday announced an oil and gas discovery near the Fram field in the North Sea off Norway. Energy intelligence firm Rystad Energy has said that this has been the best year for discoveries on the Norwegian Continental Shelf since 2014. 

  • STATS Group Appoints Chris Lilley as Business Development Manager (Singapore)

    11 March 2011
    Business & Finance, Research & Development

      Pipeline engineering specialist, STATS Group, is expanding in to the Asia Pacific region with the appointment of Chris Lilley as business development manager in Singapore. The Aberdeen isolation and intervention technology company has recently secured a number of key contracts in Asia and believes clients in the region will account for around 30% of […]

  • Soco secures lender support for future acquisitions

    17 September 2018

    Soco International, an oil and gas exploration and production company, has signed a new $125 million reserve based lending facility.