5822 results found for 'matuku'

5822 results found for 'matuku'
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  • New Oil and Gas Discovery for Equinor Near Fram Field

    6 November 2019
    Operations & Maintenance

    Equinor and partners ExxonMobil, Idemitsu and Neptune have discovered oil and gas in exploration well Echino South, 35/11-23, near the Fram field in the North Sea. Recoverable resources are estimated at 6-16 million standard cubic meters of oil equivalent, corresponding to 38-100 million barrels of oil equivalent. “We are making one of this year’s biggest […]

  • Dutch Tulip Oil preparing for future wells on North Sea project

    16 April 2020
    Business & Finance, Exploration & Production

    Tulip Oil is taking steps in preparation for production increase at its Q10-A gas field located in the Dutch sector of the North Sea.

  • Technip Shows Interest in Marine Renewable Energies

    6 January 2017
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    French oil services provider Technip has acquired stake in the new industrial player in marine renewable energies established by DCNS and Bpifrance, and also supported by BNP Paribas Development. DCNS Energies, majority owned by DCNS and 36% by the SPI fund of Bpifrance, will devote its activity to the industrial and commercial development of three technologies […]

  • Statoil Gets Trestakk Go-Ahead

    5 April 2017
    Business & Finance, Operations & Maintenance, Research & Development

    Norwegian authorities have approved the plan for development and operation (PDO) of the Trestakk discovery on the Halten Bank in the Norwegian Sea. Investments are calculated at NOK 5.5 billion, almost half of the original estimate. Trestakk was discovered in 1986, and expected recoverable volumes are 76 million barrels of oil equivalent, mainly oil. Tied […]

  • AGDC cuts Alaska LNG cost estimate

    26 June 2020
    Business Developments & Projects, Project & Tenders

    Alaska Gasline Development Corp. (AGDC) has updated the Alaska LNG project cost estimate in a push to boost its competitiveness. The project leader AGDC noted the updated $38.7 billion cost estimate is a 12.4 per cent or $5.5 billion cost reduction off the previous $44.2 billion cost estimate, which was compiled in 2015 by the […]

  • 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% […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Danish company buys controlling stake in floating solar newcomer

    26 January 2024
    Business & Finance, Business Developments & Projects, Technology

    Copenhagen-based company Glentra Capital has acquired a controlling stake in Third Pillar Solar Renewables, a U.S. developer and operator of floating solar projects. Third Pillar’s projects, which vary in size from 3 to 200 MW, are set up on unused water bodies like reservoirs, wastewater treatment ponds, and quarries, using an approach that saves agricultural […]

  • UK: Green World to Host Offshore Wind Conference

    26 September 2013

    Green World Conferences announced the annual Offshore Wind Conference which will take place on 23-25 April 2014 in London. On 23 April 2014 a one-day conference on financing and insuring offshore wind projects and the Subsea Wind Connection Masterclass will take place in the same location. The conference dinner will take place on the first […]

  • IEA-OES releases evaluation guide for ocean energy technology

    2 February 2021
    Business Developments & Projects, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Technology

    Ocean Energy Systems (OES), a program within the International Energy Agency (IEA), has published a new guidance paper to respond to the need to have a completely objective evaluation of how ocean energy technology performs against key criteria.

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • RenewableUK Hails Scottish Government’s Wave, Tidal Announcements

    16 September 2013

    RenewableUK today welcomed news that MeyGen Ltd. has been awarded consent by the Scottish Government for an 86 Megawatt tidal energy project, following the completion of the statutory approval process with the regulator Marine Scotland. Located in the Pentland Firth, off the north coast of Scotland, this project has the potential to generate up to […]

  • 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 […]

  • 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 […]

  • SPE London Conference and Exhibition Focuses on Investment in Africa’s Oil and Gas Market

    4 March 2013
    Business & Finance

    The Society of Petroleum Engineers London Section (SPE London) announced that Africa’s oil and gas market is a key focus for its upcoming conference and exhibition, which takes place on 22-23 May at Savoy Place in central London (UK). Africa in general has seen renewed interest in its energy sector from both investors and oil […]