5753 results found for 'matuku'

5753 results found for 'matuku'
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  • EnerMech Predicts Fruitful 2014

    21 November 2013
    Equipment

    EnerMech Ltd has predicted 2014 turnover will increase to more than £280 million, a jump of £80 million on the current year’s forecast and double the £144 million revenue recorded in its 2012 annual accounts. The Aberdeen-based company’s 2012 group accounts showed an £11 million profit (EBITDA*) on revenue which grew 41% from £102 million, […]

  • RBG Wins Business Efficiency Prize at Oil & Gas UK Awards

    7 November 2011
    Business & Finance

    RBG won the coveted ‘Business Efficiency’ prize at this year’s Oil & Gas UK Awards. The award recognises the organisation that delivered improved operational performance through innovation. The presentation, in front of more than 500 industry leaders and guests, was made by Sir Robert Smith, MP for West Aberdeenshire and Kincardine, at last night’s glittering ceremony […]

  • Norway: Aker Solutions to Upgrade Snorre A’s Drilling Equipment

    28 February 2012
    Business & Finance, Equipment

    Aker Solutions has been awarded a contract by Statoil to deliver replacement and upgrading of the drilling equipment and systems on the Snorre A platform in the North Sea. Estimated contract value is NOK 1 billion (USD 179 million). The main object of the project is to extend the technical lifetime up to 2040 and […]

  • Kongsberg launches world’s 1st full-scale hydrogen-based propulsion system

    3 December 2021
    Business Developments & Projects, Outlook & Strategy, Technology, Transition

    Norwegian technology group Kongsberg has celebrated a world first by testing and verifying a full-scale, full-size, zero-emission drivetrain powered by hydrogen fuel cells designed for ships and ferries.

  • Petronas and Posco team up to unlock carbon capture and storage potential in Malaysia

    21 December 2021
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Outlook & Strategy, Project & Tenders, Research & Development, Transition

    Petronas and Posco have joined forces to collaborate on evaluating and exploring CCS potential in Malaysia.

  • Seanergy Maritime unveils new sustainability-linked loan

    27 October 2021
    Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Regulation & Policy, Transition

    Greek shipowner Seanergy Maritime Holdings Corp. has secured a sustainability-linked loan facility to finance part of the acquisition cost of the M/V Worldship, a 181,400 dwt bulker.

  • Valaris emerges from Chapter 11 free of $7.1bn of debt

    3 May 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Market Outlooks, Rules & Regulation

    Valaris has completed its financial restructuring, emerging from the Chapter 11 bankruptcy and eliminating $7.1 billion of debt.

  • IOG, Ping to jointly bid for UKCS producing assets

    26 September 2014
    Business & Finance

    The two companies have agreed to jointly evaluate and bid for producing assets in the UK Continental Shelf.

  • Ocean Rig lands contract extensions for two drillships

    20 October 2014
    Business & Finance, Exploration & Production

    Ocean Rig UDW Inc. has been awarded extensions of the drilling contracts for its two ultra deepwater drillships, the Ocean Rig Corcovado and the Ocean Rig Mykonos, by Petrobras.  The drillships will be used for drilling offshore Brazil. The term of each extension is for 1,095 days with a total combined revenue backlog of over […]

  • Jadestone boosts Stag output by 40 pct

    17 October 2017

    Jadestone Energy, formerly known as Mitra Energy, has increased production from its Stag oil field off Australia by 40 percent since it took over operatorship of the field earlier this year.  The field is located in block WA-15-L, 60 kilometers offshore Western Australia in the Carnarvon Basin at a water depth of approximately 47 meters. […]

  • Brazil sells 37 blocks to 17 oil firms. Exxon, Petrobras JV submit largest bid

    27 September 2017

    Brazilian oil and gas regulators on Wednesday held the 14th bidding round for oil and gas exploration blocks, and it broke some cash records. Namely, the National Agency of Petroleum, Natural Gas and Biofuels (ANP) said the round, in which 20 companies took part, had the largest total signature bonus in history – over R$ […]

  • Hurtigruten initiates its largest environmental ship upgrade program

    21 February 2022
    Business Developments & Projects, Outlook & Strategy, Transition, Vessels

    Norwegian Hurtigruten has begun its environmental ship upgrade program, said to be the largest in its history, to cut CO2 emissions and pursue the zero-emissions goal.

  • Eastern Pacific, Techstars to Launch World’s 1st MaritimeTech Startup Accelerator

    1 February 2019
    Business & Finance

    Eastern Pacific Shipping (EPS), Techstars to launch the world’s first global MaritimeTech startup accelerator.

  • Brazil: Petrobras’ Oil Production Up 4.7% in November

    29 December 2010
    Business & Finance

    In November, Petrobras’ average oil production in Brazil was 2,030,924 barrels per day, which corresponds to a 4.7% increase against the daily average in October, and 2% against the same month a year ago. This volume shows sustainable production above 2 million barrels of oil per day, a mark reached by few oil companies in […]

  • GDBIW Shipyard Lays Keel for First Zumwalt Class Destroyer (USA)

    18 November 2011

    The U.S. Navy laid the keel for its first Zumwalt class destroyer (DDG 1000), Nov. 17, at General Dynamics-Bath Iron Works shipyard in Bath, Maine. While keel laying was once traditionally the formal recognition of the start of the ship’s construction, today’s advanced modular shipbuilding allows fabrication of the ship to begin months before. However, […]

  • Carnegie Signs Collaboration Agreement with European Wave Energy Developers

    22 August 2014
    Business & Finance, Equipment

    Wave energy developer Carnegie Wave Energy Limited announces the signing of a Collaboration MOU with leading European power industry firms and a number of UK based wave energy developers aimed at reducing costs and increasing reliability. The collaboration brings together Carnegie’s UK subsidiary, CWE UK, with Bosch Rexroth, Irish utility ESB, Aquamarine Power, Albatern and […]

  • Kvaerner Strengthens Russian Presence

    7 October 2013
    Business & Finance

    Kvaerner strengthens 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 competence and execute new projects in Russian markets”, says Jan Arve Haugan, President & CEO of Kvaerner. Kvaerner […]

  • Jee Plans to Double Staff Numbers in Aberdeen, UK

    28 November 2013
    Business & Finance, Research & Development

    Independent subsea engineering and training company Jee Ltd announced the expansion of its Aberdeen office as part of the firm’s vision for strategic growth, with the potential of increasing staff numbers by 110% in Aberdeen city and Shire. The new ‘Subsea Corridor’ premises are more than double the size of the previous Westhill office, with […]

  • SPE EuALF: Platform for Latest Artificial Lift Techniques Discussions

    16 May 2014
    Business & Finance, Equipment

    The global artificial lift market is experiencing a growth of around 9.5% per annum as a result of an increased usage by operators looking to extend field life and increase production. The 2014 SPE European Artificial Lift Forum, which takes place in Aberdeen next month, presents a timely opportunity for professionals working in this sector […]

  • CGG Performs Multi-Client O&G Survey in Barents Sea

    12 June 2014
    Business & Finance, Operations & Maintenance, Research & Development

    CGG has announced that Robertson Geolab, specialists in surface geochemistry in its GeoConsulting business line, is currently performing a multi-client surface geochemistry (shallow core) survey to detect seafloor seepages of hydrocarbons in the South East Barents Sea. The project has received high prefunding from major oil industry players. The survey covers all the blocks in […]

  • Norway: EMGS Announces Record Revenues in Fourth Quarter 2011

    9 February 2012
    Business & Finance, Operations & Maintenance

    EMGS has released the fourth quarter results for 2011 with recorded revenues of USD 57.8 million, up from USD 27.2 million in the fourth quarter of 2010. Highlights in the fourth quarter 2011 include record-high financial results: * Total revenues at USD 57.8 million for the quarter * EBITDA of USD 16.7 million * Net […]

  • Statoil Marks Unique Year on Norwegian Continental Shelf

    4 January 2012
    Business & Finance, Operations & Maintenance

    “Statoil has completed a fantastic year, both in terms of exploration successes, and the development of our portfolio on the Norwegian continental shelf (NCS),” says Øystein Michelsen, executive vice president for Development and Production Norway. According to Michelsen the NCS will remain the backbone of Statoil for many years ahead. The company will maintain the […]

  • Carnarvon Provides Update of its Interest in Bedout Sub-Basin, Offshore Western Australia

    15 December 2011
    Business & Finance, Operations & Maintenance

    Carnarvon Petroleum Limited provides shareholders with the following update covering its interests in the Bedout sub-basin, offshore Western Australia. Carnarvon’s interests comprise 50% in exploration permits WA-435-P, WA-436-P, WA-437-P and WA-438-P and 100% in exploration permit WA-443-P. Farm-out process commences as scheduled Carnarvon advises that the farm-out process for its interests in exploration permits WA-435-P […]

  • Norway: PGS Releases Fourth Quarter and Full Year 2011 Results

    20 February 2012
    Business & Finance, Operations & Maintenance

    Petroleum Geo-Services ASA (PGS) released following fourth quarter and preliminary full year 2011 results. Highlights 2011 * Strong EBITDA of $534.8 million * Total MultiClient revenues of $501.8 million, up 28% from 2010, with record late sales of $278.3 million * Continued growth for Data Processing with external revenues of $110.0 million * Overall 2011 […]

  • Teekay selling remaining stake in Teekay Offshore to Brookfield

    30 April 2019
    Business & Finance, Infrastructure

    Oil and gas shipping firm Teekay has agreed to sell all of its remaining interest in Teekay Offshore, a provider of marine services and solutions to the offshore oil industry, to Brookfield for $100 million.