5783 results found for 'matuku'

5783 results found for 'matuku'
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  • Gambia’s first offshore well in 40 years turns out to be duster

    9 November 2018
    Exploration & Production

    FAR Limited has failed to reach main targets at the first well to be drilled offshore The Gambia in 40 years, deeming the well unsuccessful. 

  • UAE: Polarcus to Raise Money for New Vessel through CB Issuance

    12 April 2011
    Business & Finance

      Polarcus Limited announces that the Company intends to issue USD 125 million in principal amount of Senior Secured Convertible Bonds (the “Bonds”) with a five-year tenure. The purpose of the Bonds is to finance the acquisition and completion of POLARCUS SELMA, an ultra-modern and Arctic-ready 8 streamer 3D seismic vessel of the ULSTEIN SX133 […]

  • Salamander Divests Offshore Indonesia Stake

    2 September 2011
    Business & Finance

    Salamander Energy announces that it has agreed terms with Risco Energy Pte Ltd (“Risco”) for the sale of Salamander Energy (Java & Sumatra) B.V. through which the Group holds five per cent interests in the Offshore Northwest Java  {“ONWJ”) and Southeast Sumatra {“SES”) PSCs respectively. The cash consideration is $55 million plus working capital adjustments […]

  • Belgium: EWEA Talks about Cutting Cost of Offshore Wind Energy

    7 December 2012
    Research & Development

    The cost of energy is a topic high up on the media agenda but it is a thorny issue complicated by all the different variables and methods used to calculate the cost of energy. One commonly used method is the “levelised cost of energy” (LCOE), which is, in simple terms, the lifetime cost of an […]

  • Abu Dhabi climbs to sixth place in global oil & gas reserves ranking

    6 November 2019

    Abu Dhabi has become the world’s sixth-largest nation by oil and gas reserves,  Abu Dhabi’s Supreme Petroleum Council announced at a meeting earlier this week. The SPC announced increases in the country’s hydrocarbon reserves of 7 billion STB of oil and 58 TSCF of conventional gas, moving the UAE from seventh to the sixth position […]

  • EU Innovation Fund as energy industry experts would want it

    13 June 2017
    Authorities & Government, Business & Finance, Research & Development, Technology

    The European energy industry experts have expressed their views on how the proposed Innovation Fund could be designed to support the energy innovation investment needs.

  • AWEA ANNOUNCES NEW OFFSHORE WIND COALITION (USA)

    16 July 2010
    Authorities & Government

    The American Wind Energy Association (AWEA) today announces the formation of the Offshore Wind Development Coalition (OffshoreWindDC), which will focus on advocacy and education efforts to promote offshore wind energy. The new coalition, which will be based in Washington, DC, will be headed up by Jim Lanard, formerly Managing Director for Deepwater Wind. “The creation […]

  • Cedigaz: World LNG Trade Poised for Rapid Expansion (France)

    12 January 2012

    The latest annual survey of the global gas industry, 2011’s Natural Gas in the World published by the international association Cedigaz in December, provides a detailed description of the recent evolution in the world’s gas markets. The study focuses on the new dynamics in the global gas industry and emerging regional gas market patterns. Cedigaz’s […]

  • Australia: Comet Ridge Hopes Gunnedah Basin Gas Will Reach Santos’ Gladstone LNG Project

    19 July 2011

    Santos Limited announced yesterday that it has reached a binding agreement to acquire 100% of the outstanding ordinary shares in Eastern Star Gas (ESG) and has been unanimously recommended by ESG directors, in the absence of a superior proposal. The announcement also details the subsequent sale of a 20% working level interest in ESG’s permits […]

  • IOG raises nearly $110 million from bond issue, releases Maersk rig

    23 September 2019
    Business & Finance, Exploration & Production

    Independent Oil and Gas (IOG) has confirmed that a settlement of its EUR 100 million ($109.7M) five-year senior secured bond took place on September 20.

  • Industry Shows Interest in Dutch Zero-Subsidy Offshore Wind (Interview)

    5 November 2018
    Authorities & Government, Project & Tenders

    The Dutch government did not just single-handedly decide to go forward with zero-subsidy tenders, serious developers tell and show it is possible, and as long as this is the case the government will not provide unnecessary subsidies or other forms of market protection, Ruud de Bruijne from the Netherlands Enterprise Agency (RVO.nl) said in an interview with Offshore WIND.

  • Norway: Statoil Delivered Record Financial Results, CEO Says

    8 February 2012
    Business & Finance

      Statoil’s fourth quarter 2011 net operating income was NOK 60.7 billion, a 42% increase compared to NOK 42.8 billion in the fourth quarter of 2010. In 2011, net operating income was NOK 211.8 billion compared to NOK 137.3 billion in 2010. “Statoil delivered record financial results, further improved safety and made important strategic progress […]

  • Low oil prices could play pivotal role in boosting decommissioning spending, Rystad says

    25 May 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Operations & Maintenance, Outlook & Strategy

    With few profitable investment alternatives, operators are now likely to increase spending in decommissioning work, according to Rystad Energy.

  • The Netherlands: Shell Sells 5.17 Million Tonnes of LNG in Q1

    26 April 2012

    Royal Dutch Shell said today its first quarter 2012 earnings were $7.7 billion compared with $6.9 billion in the same quarter a year ago. Key features of the FIRST quarter 2012 First quarter 2012 earnings, on a current cost of supplies (CCS ) basis, were $7,659 million, 11% higher than in the same quarter a year […]

  • Energean sanctions gas project offshore Israel

    14 January 2021
    Business & Finance, Business Developments & Projects, Exploration & Production

    Energean has taken a Final Investment Decision on the Karish North gas development, offshore Israel, 21-months after the announcement of the discovery.

  • E.ON to Install 180 New Voltage-Regulated Distribution Transformers

    28 May 2014
    Storage, Technology

    E.ON distribution system operators (DSOs) in Germany will put up to 180 new voltage-regulated distribution transformers (VRDTs) into service by the end of the year. About 60 of the VRDTs, which incorporate technology from Bavaria-based Maschinenfabrik Reinhausen (MR), are already operational. The nationwide rollout, which will encompass all of E.ON’s distribution systems in Germany, makes […]

  • Oil & Gas UK: Budget bareboat measure will drive drilling rigs out of UK

    21 March 2014

    Industry trade body Oil & Gas UK perplexed by the move to change the basis for taxation of drilling rigs and accommodation vessels supplied using bareboat chartering

  • NPD: Total recoverable resources up

    3 March 2014
    Business & Finance

    The Norwegian Petroleum Directorate’s resource accounts show that the total recoverable petroleum resources are estimated at 14.2 billion standard cubic metres (Sm3) of oil equivalents (o.e.). New acreage in the southeastern Barents Sea and the shelf around Jan Mayen is included in the resource accounts, which are updated as of 31 December 2013. The main […]

  • GE Plans Oil, Gas Global Research Center in Oklahoma (USA)

    4 April 2013

    General Electric today announced that it will build a new Global Research Center in Oklahoma dedicated to driving innovation and technological advancements in the oil and gas sector and bringing products to market faster. The new facility, which is GE Research’s first sector-specific Center, represents a $110 million investment by the company and will result […]

  • Norway: Statoil Reports Growth in Fourth Quarter of 2011

    8 February 2012
    Business & Finance, Operations & Maintenance

    Statoil’s fourth quarter 2011 net operating income was NOK 60.7 billion, a 42% increase compared to NOK 42.8 billion in the fourth quarter of 2010. In 2011, net operating income was NOK 211.8 billion compared to NOK 137.3 billion in 2010. “Statoil delivered record financial results, further improved safety and made important strategic progress in […]

  • Cyprus: SeaBird Announces First Quarter Results

    4 May 2012
    Business & Finance, Operations & Maintenance

    SeaBird has announced solid financial performance in the first quarter of 2012. HIGHLIGHTS – While still a challenging market environment, the first quarter showed signs of improving customer demand. Fleet utilization increased from 60% in the fourth quarter of last year to 65% for the first quarter of this year. – During the quarter, the […]

  • Tower Resources inks new petroleum agreement in Namibia

    7 November 2018

    Tower Resources has signed a new petroleum agreement with the Government of Namibia covering an 80% operated interest in blocks 1910A, 1911 and 1912B, offshore Namibia. 

  • Rystad: Onshore producers have higher CO2 intensity, while offshore producers are scattered

    12 January 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Transition

    Rystad Energy has conducted a comprehensive company-level analysis of the world’s upstream industry, identifying the top carbon-intensity performers.

  • Moldova inks ‘historic’ Black Sea gas deal to bolster energy security

    8 May 2025
    Business Developments & Projects, Project & Tenders

    Moldova’s state-owned energy company Energocom has signed what it says is its first long-term gas purchase contract with Southeastern Europe’s integrated energy player OMV Petrom.

  • Seven electric ships, four charging stations to get €31.6M in Enova support

    13 June 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Innovation, Ports & Logistics, Regulation & Policy, Vessels

    Enova, a Norwegian government enterprise, has decided to support seven electric vessels and four charging facilities with around NOK 362 million (about €31.6 million).