5753 results found for 'matuku'

5753 results found for 'matuku'
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  • Aker invests in Solstad Offshore

    7 June 2016

    Norwegian offshore shipping company Solstad Offshore has developed a financing plan to strengthen its balance sheet. The company on Tuesday said that the plan was developed together with the industrial investment company Aker and with indicative support from its lending banks and bondholders. Aker will inject NOK 250 million in new equity and provide NOK 250 […]

  • Eni flirts with renewables. Signs deal with GE

    22 November 2016
    Equipment

    Italian oil and gas giant Eni, recently mostly in the news for its gas discoveries in Egypt and Mozambique, has also been increasingly flirting with the renewable energy industry, aiming to reduce its carbon footprint. Following a recently signed deal to work on a 20 to 50MW solar plant in Ghana, Eni has now signed […]

  • Repsol finds oil offshore Trinidad and Tobago

    3 July 2014

    Repsol has made a new hydrocarbons discovery in the Teak field, offshore Trinidad and Tobago, in the TSP block east of the island of Trinidad. The find in the TB14 well has upgraded the northern portion of the Teak B field that was not known to exist before. The newly-discovered area is estimated to contain […]

  • Statoil, ExxonMobil Make Third High Impact Discovery Offshore Tanzania

    18 March 2013

    Statoil and co-venturer ExxonMobil have today announced their third high impact discovery in Block 2 offshore Tanzania in a year. The discovery of 4-6 TCF of natural gas in place in the Tangawizi-1 well brings the total in-place volumes up to 15-17 TCF. “The success in Block 2 is the result of an ambitious and successful […]

  • Xcite Energy put into liquidation as creditors seek cash

    8 December 2016
    Equipment

    Xcite Energy, a North Sea focused oil company, has been put into liquidation after having been deemed insolvent, as it failed to raise funds for debt payment. The company, working to develop the Bentley field in the UK North Sea, failed to pay $152 million in debt when bonds issued in 2014 matured on Ocober […]

  • Seadrill takes action to insulate Seadrill Partners from restructuring

    17 August 2017
    Business & Finance, Exploration & Production

    Indebted offshore driller Seadrill Limited has made changes to its credit facilities to insulate Seadrill Partners, a limited liability company formed by Seadrill Limited to own drilling rigs, from its restructuring. Seadrill Limited informed on Thursday it has completed amendments to three secured credit facilities that relate to rigs bought by Seadrill Partners from the company […]

  • Gallery: GustoMSC reveals new jack-up rig design – the NG 3500X

    22 March 2016
    Exploration & Production

    GustoMSC, a Dutch designer of offshore drilling rigs has revealed a new jack-up rig design, the NG 3500X. According to the company, the rig is based on the “proven and seasoned” NG-2500X and NG-1800X designs, and comes in 2 distinct versions for accommodation & services and well intervention.

  • CGG: Diskos database solution complete

    27 August 2015

    French CGG announced today that its E&P data management solution for the seismic, well and production modules in the Diskos database, Norway’s National Data Repository, is now in production and accessible to all members of the Diskos group. Diskos is a shared solution for storing and distributing seismic data, well data and production data from […]

  • DW: Expectations need to change for operators to splash budgets offshore Mexico

    10 August 2015

    After almost eight decades of Pemex monopoly, the Mexican energy sector is entering a new era of foreign oil company participation, Douglas-Westwood (DW), an energy intelligence group has said in its DW Monday report.  As DW elaborates, decade of steady decline in domestic oil & gas production has incentivised the Mexican government to lift the […]

  • PWC: Tax cuts to keep wolves from the door for now (UK)

    19 March 2015

    Against a backdrop of maturing oil fields, high production costs, an extremely complex tax regime and low oil prices, the eyes of the oil and gas sector were firmly on the UK Chancellor to stimulate investment and halt decline. Alan McCrae, head of energy tax at PricewaterhouseCoopers (PwC), says: “George Osborne has responded to the […]

  • WoodMac: uncontracted demand by world’s seven largest LNG buyers to quadruple

    13 December 2018

    Uncontracted demand by the world’s seven largest liquefied natural gas (LNG) buyers could quadruple to 80 million tonnes per annum by 2030, according to a report by the research and consultancy group Wood Mackenzie. The major LNG buyers – CNOOC, CPC, JERA, KOGAS, PetroChina, Sinopec and Tokyo Gas – together account for more than 50 percent of […]

  • EIB, BNP Paribas launch Tera Neva

    25 November 2015
    Business & Finance, Environment

    The European Investment Bank (EIB), BNP Paribas and Vigeo have launched Tera Neva, a sustainable investment solution which allows investors to align their financial objectives with their energy transition goals. Through Tera Neva, the EIB is issuing a €500 million equity index-linked bond, in its Climate Awareness Bond format, which dedicates proceeds to renewable energy […]

  • Portugal adopts ocean energy buildout plan

    27 November 2017
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    The government of Portugal has approved the industrial strategy designed to accelerate the development of its ocean renewable energy sector along with the corresponding action plan.

  • Atmocean to deploy wave system off Canada

    30 June 2017
    Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology

    US-based wave energy developer Atmocean plans to install its wave energy system off Newfoundland in Canada for a third round of ocean testing.

  • Record VLCC Scrapping Insufficient to Ease Market Pressure

    25 April 2018

    The rebalancing of the tanker market requires further affirmative action in reducing older tonnage.

  • Box Ships Scrapes to Black

    3 September 2014
    Business & Finance

    Box Ships Inc., an international shipping company specializing in the transportation of containers, has marked a 24% decline in charter rates for the first six months 2014, despite the fact that the company on average operated the same number of vessels as in 2013. Michael Bodouroglou, Chairman, President and Chief Executive Officer of Box Ships Inc., said: […]

  • Wilhelmsen Ships Service Announces First LRE Sales in New Zealand

    29 June 2011
    Business & Finance

      Wilhelmsen Ships Service (WSS) New Zealand is pleased to announce the signing of its’ first Liferaft Exchange Programme (LRE) contract with Neptune Pacific Line. Nigel Smith, General Manager WSS New Zealand and Pacific Islands said: “Neptune Pacific Line has been one of our key marine products clients for a number of years.” “When we […]

  • Scotland: GBP 2 Million Energy Challenge Fund to Provide Training Boost for Employers

    24 August 2012
    Human Capital

    Employers across Scotland will benefit from a major investment designed to meet the skills and training needs of the burgeoning energy industry. The £2 million Energy Challenge Fund, managed by Skills Development Scotland (SDS), will see the creation of an extra 1,000 flexible training places for Scotland’s energy and low carbon sector. Bids are being […]

  • New Project Eyes Cutting Foundation-Related Costs by 40%

    3 July 2018
    Business & Finance, Research & Development

    Danish Energy Ministry has awarded EUR 3.8 million through the Energy Technology Development and Demonstration Programme (EUDP) to a consortium aiming to demonstrate how an industrialised suction bucket concept can cut foundation installation costs. 

  • New Project Eyes Cutting Foundation-Related Costs by 40%

    3 July 2018
    Business & Finance, Research & Development

    Danish Energy Ministry has awarded EUR 3.8 million through the Energy Technology Development and Demonstration Programme (EUDP) to a consortium aiming to demonstrate how an industrialised suction bucket concept can cut foundation installation costs. 

  • CIP taps Færder Tankers and BW Epic Kosan to develop ammonia carrier fleet

    27 November 2024
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Vessels

    Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (ETF), has signed multiple memorandums of understanding (MoUs) with shipping companies to advance the development of ammonia-fueled carriers.

  • BP and EOG look forward to first gas as countdown for sail-away of new offshore platform begins

    1 November 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    BP is anticipating the sail-away of a new offshore platform over the next few weeks as final touches continue to be added to prepare the platform, destined for work off the coast of Trinidad and Tobago.

  • Norwegian Petroleum Industry Makes NOK 344 Bln

    15 October 2013
    Business & Finance

    In the National Budget 2014, the Norwegian State’s net cash flow from the petroleum industry is estimated at almost NOK 344 billion in 2013. Taxes account for NOK 207 billion of this amount, while the State’s Direct Financial Interest (SDØE) contributes approximately NOK 123 billion. The remainder, NOK 14 billion, is dividends from Statoil. The […]

  • Kvaerner Opens Office in Moscow

    7 October 2013

    Kvaerner, a Norway-based contractor for which delivers engineering, procurement and construction (EPC) services for offshore platforms and onshore plants, has strengthened its presence in Russia by opening an office in Moscow. “We are excited by the opportunities in the Russian Sub-arctic and Arctic regions. Establishing a permanent presence in Moscow is important in order to build […]

  • Harkand completes inertial metrology survey offshore Mexico

    27 July 2015
    Business & Finance, Equipment

    Harkand, a global inspection, repair and maintenance company, has carried out, what the company claims is, the first ever free inertial metrology in Mexico’s waters at a depth of 380 fsw in the Bay of Campeche, thus setting a new record in the area. The scope of work saw Harkand working in collaboration with their metrology technology […]