5753 results found for 'matuku'

5753 results found for 'matuku'
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  • Joint venture set up for Italy’s first carbon capture and storage project

    19 December 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Outlook & Strategy, Project & Tenders, Transition

    Italy’s oil and gas giant Eni and energy infrastructure operator Snam have formed a joint venture to develop the first carbon capture and storage (CCS) project in Italy. Eni CEO Claudio Descalzi and Snam CEO Stefano Venier signed an agreement on 19 December to jointly develop and manage Phase 1 of the Ravenna CCS Project through an […]

  • Northern European partners hand in application for CO2 storage off Norway

    27 February 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    Neptune Energy, Sval Energi and Storegga have submitted an application for a CO2 storage project in the Norwegian North Sea which has the potential to store up to 225 million tonnes of CO2. The application was submitted to the Norwegian Ministry of Petroleum and Energy following the announcement of a new area in the North […]

  • Two players join forces in Denmark to pursue ‘wealth of opportunities’ in oil & gas

    13 April 2023
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders

    Noreco has entered into a strategic deal with Semco Maritime to identify, explore and investigate opportunities in the oil and gas sector.

  • Wintershall Dea and HES join forces for CO2 hub in Wilhelmshaven

    18 October 2022
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Outlook & Strategy, Ports & Logistics, Transition

    German natural gas and oil company Wintershall Dea and compatriot liquid bulk terminal HES Wilhelmshaven Tank Terminal have signed a memorandum of understanding (MoU) to jointly develop a CO2 hub at Germany’s single deepest draft port. The companies plan to develop a hub named CO2nnectNow at HES Wilhelmshaven Tank Terminal, which will store CO2 captured from […]

  • Borr gets closer to refinancing following successful equity offering of $30 million

    28 December 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    Borr Drilling has completed an equity offering of $30 million, which has brought it closer to implementing its refinancing strategy.

  • Upstream spending cut by $285bn as Covid-19 takes its toll, Rystad says

    14 May 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    The toll of the Covid-19 on upstream investments in the first two years of the downturn is estimated at $285bn, Rystad Energy reports.

  • Hapag-Lloyd readies sustainability-linked senior note

    23 March 2021
    Business & Finance, Business Developments & Projects, Environment, Market Outlooks, Outlook & Strategy, Transition, Vision

    German container shipping major Hapag-Lloyd AG revealed plans to issue a sustainability-linked corporate senior note in the amount of EUR 300 million (about $357 million).

  • Pioneering Spirit vessel hired to remove Morecambe platforms

    7 January 2021
    Business & Finance, Business Developments & Projects, Heavy lifting, Project & Tenders, Vessels

    Allseas’ giant heavy lift vessel, the Pioneering Spirit, will remove the DP3 and DP4 platforms from Morecambe Bay off the UK for Spirit Energy.

  • Allseas taps Seatools for deep-sea mining equipment

    21 January 2021
    Equipment, Exploration & Production, Technology, Transition

    Allseas has awarded subsea technology company Seatools the contract for the delivery of the complete electrical, hydraulic, and control system for its deep-sea mining nodule collector. The project is part of Allseas’ development program to realise advanced deep-water equipment for the gathering of polymetallic nodules from the ocean floor in a responsible way. Driven by […]

  • Industry heavyweights join forces to accelerate development of solid oxide fuel cells

    18 January 2021
    Collaboration, Environment, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Transition

    Alfa Laval, DTU Energy, Haldor Topsoe, Svitzer and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping are entering into a joint project to accelerate the development of solid oxide fuel cell (SOFC) technology. Funded by a grant from Danish Energy Technology Development and Demonstration Program (EUDP), the project, SOFC4Maritime, will target optimal utilization of […]

  • Sabella unveils new generation tidal turbine blade

    18 December 2020
    Business Developments & Projects, Innovation, Research & Development, Technology

    French tidal energy company Sabella has finalized the construction of a prototype for a new generation of tidal turbine blade.

  • NSRI Highlights Potential for Subsea Supply Chain in Marine Renewables

    10 October 2017
    Business & Finance, Equipment, Research & Development

    Potential enablers which will assist subsea supply chain companies to break into the growing wave and tidal energy sectors, and associated technological barriers to their progress, have been identified by NSRI (National Subsea Research Initiative). The findings, part of NSRI’s online Matchmaker database, reveal how UK firms can link up with technology researchers and developers […]

  • MAN’s Subsea Compression Technology Gets Global Energy Award

    12 December 2017
    Business & Finance, Equipment, Research & Development

    MAN has won the Platts Global Energy Award 2017 for its subsea compression system solution in the “Commercial Application of the Year” category . MAN Diesel & Turbo was recognized by S&P Global Platts for the achievement reached with the world’s first subsea compressor. “It is a big honor to receive this important acknowledgement for […]

  • Statoil Discovers Oil in Geitungen Prospect (Norway)

    27 August 2012
    Business & Finance, Operations & Maintenance

    Statoil has made an oil discovery in the Geitungen prospect on Utsira High in the North Sea together with partners Petoro, Det norske oljeselskap and Lundin. Exploration well 16/2-12 drilled by the drilling rig Ocean Vanguard has proven a 35 metre oil column in a high quality reservoir dating from the Jurassic period. Statoil estimates […]

  • Radius and Cyta Announce Start of POSEIDON Project Offshore Cyprus

    30 October 2012
    Business & Finance, Equipment

    Radius Oceanic Communications, Inc. (Radius) and the Cyprus Telecommunications Authority (Cyta) announces the commencement of the POSEIDON project. POSEIDON is a high capacity undersea cable system that will provide advanced telecommunications facilities to the offshore oil and gas industry in the Eastern Mediterranean region. The POSEIDON system will extend for some 800 km from two […]

  • Norway: Total’s Atla Field Comes On Stream

    8 October 2012
    Business & Finance, Operations & Maintenance

    Total announces the start-up of its Atla gas condensate field in the Norwegian North Sea. Atla was brought into production two years after completion of exploration drilling. The Atla field is part of the PL102C license and is located in block 25/5. Partners are Total E&P Norge 40% (operator), Petoro 30%, Centrica 20% and Det […]

  • Norway: Dolphin Reports Strong Fourth Quarter Performance

    26 February 2013
    Business & Finance, Operations & Maintenance

    Dolphin Group ASA, a global, full-range, asset light supplier of marine geophysical services announced today fourth quarter and full year 2012 results. Quarterly highlights – Q4 2012 – Revenues of USD 75.5 million, compared to USD 30.1 million in Q4 2011 – EBITDA of USD 26.5 million (35,1%), improved from USD 4.5 million in Q4 […]

  • Equinor delivers higher profit

    3 May 2019
    Business & Finance

    Norwegian oil and gas giant Equinor recorded an increase in its first quarter 2019 profit as its production remained on par with the same period in 2018.  Equinor on Friday reported adjusted earnings of $4.19 billion in the first quarter 2019, down from $4.41 billion in the same period in 2018. Adjusted earnings after tax […]

  • Statoil and Its Partners Confirm Discovery of Oil in North Sea Krafla Prospect

    10 May 2011
    Business & Finance, Operations & Maintenance

      Based on preliminary calculations the size of the discovery is between 12.5 and 56.5 million barrels of recoverable oil equivalent. ”Statoil has had great exploration success in mature areas during the last years,” says Gro Gunleiksrud Haatvedt, Statoil’s head of exploration on the Norwegian continental shelf (NCS). ”The North Sea is a strategically important […]

  • Norway: Statoil Awards Island Offshore with Framework Agreement for New LWI Vessel

    27 April 2011
    Business & Finance, Project & Tenders

    The third of its type in Statoil’s portfolio the vessel will help reduce the costs of well interventions and enhanced oil recovery. Statoil has awarded Island Offshore a framework agreement for light well intervention (LWI) services from their vessel Island Constructor. The duration of the framework agreement is three years, with an option to extend […]

  • UK’s latest licensing round attracts applications from 71 oil & gas companies

    16 December 2019

    The United Kingdom’s latest offshore licensing round has attracted 104 applications covering 245 blocks or part-blocks across the main producing areas of the UK Continental Shelf.

  • Seadrill Orders New Ultra-Deepwater Dual Derrick Drillship (South Korea)

    11 April 2011
    Business & Finance, Operations & Maintenance

    Seadrill has exercised an option to build a new ultra-deepwater dual derrick drillship at the Samsung yard in South Korea. Total project price is estimated at US$600 million (includes project management, drilling and handling tools, spares, capitalized interest and operations preparations). The delivery is scheduled for the third quarter 2013. The new unit is similar […]

  • Golden Energy gets loan for OCV/IMR vessel acquisitions

    25 October 2018

    Oslo-listed offshore vessel owners Golden Energy Offshore Services has secured a bank loan to buy OCV/IMR vessels Larissa and Despina.

  • UK: Up to 16 oil & gas projects could get approval in 2018, more than last three years combined

    20 March 2018
    Equipment

    The UK oil and gas sector is expected see between 12 and 16 oil and gas developments get the go-ahead this year – unlocking investment of around £5 billion, (almost 7 billion U.S. dollars).

  • Eni Purchases Stake in Evans Shoal Gas Field Offshore Australia

    1 December 2011
    Business & Finance, Operations & Maintenance

    Eni announces the purchase of a 32.5% stake in the Evans Shoal gas field in the Timor Sea, Australia. The field is located offshore in the NT/P48 exploration permit in the north Bonaparte Basin, around 300km northwest of Darwin, where there is an existing LNG plant precinct. The undeveloped Evans Shoal field, discovered in 1998, […]