5753 results found for 'matuku'

5753 results found for 'matuku'
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  • NAPA Supplies Technology to BOURBON’s Vessels (Finland)

    3 December 2012
    Business & Finance, Equipment

    NAPA Group, the leading software house for ship design and operations, today announced the ongoing success of its contract with BOURBON, a leader in offshore oil and gas marine services, to provide loading computers for 55 of its offshore support vessels (OSV). The latest software will enable BOURBON to improve safe loading and unloading with […]

  • Eni: Near field exploration bears fruit in Gulf of Suez as new discovery made

    25 October 2019

    Italian oil giant Eni has discovered new resources in the Abu Rudeis Sidri development lease, in the Gulf of Suez, offshore Egypt. This is the location where Petrobel, a JV between Eni and by the Egyptian General Petroleum Corporation (EGPC), drilled an appraisal well of the discovery of Sidri South, announced last July. The Sidri […]

  • Apache responds to current challenging market by slashing spending

    12 March 2020
    Business & Finance

    Apache Corporation has announced multiple actions in response to current challenges in the oil market featuring an oil price war between Saudi Arabia and Russia following the OPEC+ breakdown, the effect of the coronavirus outbreak on global oil demand, and the ‘historic’ plunge of oil prices this week.

  • UK: First oil flows from Dana’s Western Isles development

    21 November 2017
    Infrastructure, Project & Tenders

    Dana Petroleum has announced first oil from its Western Isles development in the UK sector of the North Sea.

  • Polarcus cold stacks ‘Nadia’. Reports 1Q net loss

    30 April 2015
    Business & Finance

    Seismic acquisition companies are the first to feel the consequences when the oil prices go down, as their customers, the oil companies, stop investing in new exploration projects, waiting for the oil prices to rebound. In line with this, seismic survey contractor Polarcus saw its 1Q 2015 revenues fall to $81.1 million, down 33% from […]

  • Vantage Drilling sees profit jump, debt reduction

    4 August 2015

    Vantage Drilling Company, an offshore drilling contractor, has seen its profit for the second quarter of 2015 rise. The company Tuesday reported net income for the three months ended June 30, 2015, of $25 million compared to earnings of $10.2 million in the same period last year. The drilling contractor reported a drop in revenue of $212.26 million for […]

  • Senior Level Experts Meet at GDS International’s Next Generation Oil & Gas US Summit

    9 December 2011
    Business & Finance

    The Next Generation Oil & Gas group is a consortium of 65 CEOs and senior corporate officers from small, mid, and large cap O&G producers. The summit will organize highly interactive strategy sessions over the course of three days on topics that will be set entirely by industry members. The event will cover high-level discussion […]

  • Safety watchdog keeps an eye on Statoil’s new drilling method

    12 April 2016
    Exploration & Production

    The Petroleum Safety Authority (PSA) has carried out an audit of how Statoil is meeting regulatory requirements relating to the use of a new method for drilling and well intervention at Gullfaks C, in the North Sea.  The PSA in December 2015 carried out an audit of Statoil’s planning and execution of the TTRD (Through […]

  • Premier trims capex. Cost reductions ahead

    12 November 2015
    Project & Tenders

    Premier Oil, an independent exploration and production company, has curtailed its capital expenditure program in order to soften the blow of the low oil price environment.  Development capital expenditure for the full year 2015 is now expected to be around $850 million, lower than previous guidance of $900 million as certain costs are phased into 2016, […]

  • Statoil puts Bressay field development on ice

    4 March 2016
    Project & Tenders

    Norwegian oil major Statoil has decided to postpone the Bressay project development, located on the UK continental shelf, due to low oil price environment that is, according to Statoil, “likely to persist over the next one to two years”.  The Norwegian company became the operator of the Bressay field in 2007 and it holds 81.625% […]

  • Chevron, ConocoPhillips execs join Oil & Gas UK board

    26 January 2017
    Business & Finance

    Oil & Gas UK, a representative body of the UK o&g industry, has brought in two new board members from Chevron and ConocoPhillips, two major players in the country’s oil and gas sector. Oil & Gas UK said on Thursday that Greta Lydecker from Chevron Upstream Europe and ConocoPhillips’ Terri King joined the trade association’s board […]

  • OGA’s well construction hackathon generates 60 ideas

    20 December 2016

    A recent hackathon organized in the UK has attracted more than 100 professionals from across sectors to see how new and ‘new to wells’ technologies can transform the way wells are constructed and drilled on the UK Continental Shelf. The hackathon saw the Oil and Gas Authority, Technology Leadership Board (TLB) Workgroup, and ITF bring […]

  • Petsec sells interests in Gulf of Mexico assets

    7 July 2014
    Business & Finance

    Sydney-based Petsec Energy Ltd today announced an agreement which will substantially increase its cash resources to US$37 million with the sale of selected USA oil and gas interests to a privately held U.S. exploration and production company.   The agreement delivers $17 million in cash to Petsec Energy and the right of participation in four […]

  • Senior Level Experts Meet at GDS International’s Next Generation Oil & Gas US Summit

    9 December 2011
    Business & Finance

    The Next Generation Oil & Gas group is a consortium of 65 CEOs and senior corporate officers from small, mid, and large cap O&G producers. The summit will organize highly interactive strategy sessions over the course of three days on topics that will be set entirely by industry members. The event will cover high-level discussion […]

  • PGS, ‘Geology Without Limits’ Acquire Seismic Data in Russian Barents Sea and Kara Sea

    7 August 2013

    Petroleum Geo-Services (PGS), within the framework of an international scientific program, has acquired 8,840 line km of 2D data in the Russian Barents Sea and Kara Sea. The 2D survey, conducted in partnership with Geology Without Limits, began in 2012, using the vessel Akademik Lazarev. This scientific research survey is part of a multi-year, long […]

  • PGS starts seismic survey offshore Côte d’Ivoire

    3 March 2014
    Business & Finance, Equipment

    Petroleum Geo-Services, with local partner Laguna and in cooperation with Petroci, is currently acquiring 2,300 sq km of MultiClient 3D GeoStreamer® data over blocks CI-506 and CI-507, offshore Côte d’Ivoire. The new MultiClient 3D GeoStreamer data will cover part of the western offshore Côte d’Ivoire, a frontier area within the larger Atlantic Equatorial Transform Margin. […]

  • Dolphin Geo profit drops despite revenue growth

    14 May 2014
    Business & Finance, Project & Tenders

    Dolphin Geophysical AS, Norwegian supplier of marine geophysical services, has reported net income of $6.2 million for the Q1 2014, compared to $8 million in Q1 2013. Dolphin Geo’s revenues for Q1 2014 were USD 80.2 million, compared to USD 69.1 million in Q1 2013. Recorded EBITDA was USD 22.7 million (28,3%), compared to USD 22.9 million in Q1 […]

  • Danaos in Discussions with Hanjin on Charter Rate Cuts

    2 August 2016
    Business & Finance

    Athens-based containership owner Danaos Corporation has started the negotiations on charter rate cuts with South Korean shipping company Hanjin Shipping as the shipping giant publicly announced its intention to restructure its balance sheet and seek concessions from charter owners. As the discussions are ongoing, Danaos said that it “cannot speculate on the timing or the nature of the […]

  • Statoil Secures 26 New Leases in U.S. 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 […]

  • Shipping Leaders Join Forces to Drive Decarbonization Agenda

    16 November 2017
    Business & Finance

    A group of international shipping industry leaders has decided to work together to drive the decarbonization agenda with a business-focused approach that pushes ahead of regulatory mechanisms. The 150+ group of shipping’s leaders, strategists and entrepreneurs gathered in Bonn, Germany, as part of the 23rd session of the Conference of the Parties (COP 23) to […]

  • CGGVeritas Clinches Three Seismic Survey Contracts from MEO Australia

    11 January 2012
    Project & Tenders

    MEO Australia Limited announced that it has executed a contract with CGGVeritas Services SA for the acquisition of three marine seismic surveys including 170 line km long-offset 2D seismic in exploration permit AC/P53 and two separate 3D surveys totalling 1,108 km2 across exploration permits AC/P50 and AC/P51 (507 km2) and WA-454-P (601 km2) offshore northern […]

  • DNV GL: ShipInox Wins 1st AiP for OSV-Based LNG Bunker Vessel

    3 April 2019
    Business & Finance

    DNV GL awards AiP to ShipInox for the company’s new small-scale LNG carrier/bunker vessel design.

  • Frontline Secures Financing for Eight Newbuildings

    29 November 2016
    Business & Finance

    Tanker owner and operator Frontline has secured a commitment for a senior secured term loan facility of up to USD 321.6 million in November to partially finance eight of its newbuildings. The company said that the loan, which will be provided by China Exim Bank and insured by China Export and Credit Insurance Corporation, matures in […]

  • NSRI assists subsea companies to enter wave and tidal sectors

    10 October 2017
    Research & Development

    National Subsea Research Initiative (NSRI) has identified potential enablers which will assist subsea supply chain companies to break into the wave and tidal energy sectors.

  • 2020: New Year, New Call and New Opportunities

    7 January 2020
    Business & Finance

    The Second Call for Applications of the Marine Energy Alliance (MEA) has opened as of January 01, 2020. Are you looking for support? Get yourself prepared to join this call. MEA aims to progress the technical and commercial maturity level of early-stage (TRL 3 – 4) marine energy technology companies with the overall goal of […]