5821 results found for 'matuku'

5821 results found for 'matuku'
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  • Premier Oil signs discount deals for BP’s North Sea assets buy

    20 July 2020
    Business & Finance, Business Developments & Projects

    Oil and gas company Premier Oil has signed sale and purchase agreements with oil major BP for the acquisition of its interests in the Andrew Area and its Shearwater assets, under revised terms announced in June.

  • Apache in fresh oil discovery offshore Suriname

    30 July 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Apache has made what it says is a major oil discovery at the Kwaskwasi-1 well drilled offshore Suriname in Block 58.

  • TORM signs 1st sustainability-linked loan

    11 November 2020
    Business & Finance

    Danish shipping company TORM has refinanced its existing facility with Danish Ship Finance with a new $150 million loan which includes a CO2 emission-linked pricing mechanism. The facility will postpone the debt maturity for eight vessels until 2027, providing the company with $12 million in liquidity. TORM said the adjustment in pricing is linked to the […]

  • O&G training body Opito names new managing director

    28 January 2016

    An oil and gas industry skills and workforce development body, Opito, has appointed Graham Gall a new managing director. The organization said Gall would lead “the continued growth of its rapidly expanding international business.” Formerly the ‎managing director of Falck Safety Services in Brazil, Gall has almost 25 years of experience in the oil and gas and aviation […]

  • Norway nods for Trestakk discovery development plan

    5 April 2017
    Project & Tenders

    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 ($641M), almost half of the original estimate. Trestakk was discovered in 1986 and expected recoverable volumes are 76 million barrels of oil equivalent, mainly oil. […]

  • Repsol Sinopec picks Veolia for Buchan decom work

    2 June 2017
    Business & Finance

    Repsol Sinopec Resources UK has awarded a contract for dismantling and recycling of the Buchan Alpha unit to Veolia to be carried out at its Dales Voe site in Lerwick, Shetland. After 36 years and almost 150mm barrels of oil, the Buchan Alpha facility in the UK North Sea ceased production, as planned, on May 12, […]

  • Kosmos fails to find oil or gas in Hippocampe well off Mauritania

    31 October 2017
    Exploration & Production, Project & Tenders

    Oil company Kosmos Energy has completed drilling the Hippocampe-1 exploration well located in Block C-8 offshore Mauritania but failed to find oil or gas.  The well was drilled in approximately 2,600 meters of water with the Ensco DS 12 drillship, formerly known as Atwood Achiever. Designed to test Lower Cenomanian and Albian reservoirs charged from the deeper […]

  • Aker Solutions profit, revenues hit by market slowdown

    9 May 2017
    Business & Finance

    Norwegian oil services company Aker Solutions saw a decrease in profit as well as revenues for the first quarter of this year due to market slowdown. However, looking ahead, the company sees some signs of recovery.  According to its quarterly report on Tuesday, the company won NOK 4.6 billion in new orders in the quarter. The […]

  • EnBW to buy LNG from Germany’s Stade LNG terminal

    31 March 2022
    Business Developments & Projects, Project & Tenders

    German energy company EnBW will buy at least three billion cubic meters of natural gas per year from the Stade LNG terminal.

  • Equinor forced to restart Canadian well due to operational challenges

    26 September 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Safety

    Norwegian energy giant Equinor has encountered difficulties during its drilling operations offshore Canada. As a result, operations will take longer than previously expected.

  • Giant vessel removes Morecambe Bay topsides in less than 90 minutes

    10 June 2021
    Business & Finance, Business Developments & Projects, Heavy lifting, Project & Tenders, Vessels

    Giant heavy lift vessel Pioneering Spirit has executed the single-lift removal of the DP3 gas production topsides from Morecambe Bay.

  • Berenberg launches two new shipping funds

    15 October 2021
    Business & Finance, Infrastructure, Vessels

    Germany’s private bank Berenberg has added two new closed-end multi-investor shipping funds to its portfolio.

  • Equinor books COSL rig to drill up to nine wells

    7 October 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Equinor has awarded COSL Offshore Management a contract to drill on Statfjord Øst field off Norway with the COSLPromoter rig.

  • Nordic American Tankers Shrinks Quarterly Loss

    20 February 2019
    Business & Finance

    NAT wrapped up the fourth quarter of this year with a net loss of USD 10.5 million.

  • Ingalls Shipbuilding Nabs $487Mln Deal from USCG

    2 May 2013

    Huntington Ingalls Industries (HII) announced on May 1 that the U.S. Coast Guard has awarded a $487 million, fixed-price-incentive-fee contract to its Ingalls Shipbuilding division to build the sixth National Security Cutter, Munro (WMSL 755). “Our Coast Guard customer continues to be extremely pleased with the performance of the NSC, and this contract proves that,” […]

  • Raytheon Secures USD 60.3 Million U.S. Navy Contract

    12 January 2012

    Raytheon Company​ has been awarded a $60.3 million U.S. Navy contract to develop and integrate the total ship electronics systems for LPD 26, the 10th ship of the Navy’s LPD 17 class of expeditionary warfare ships. Under the contract, Raytheon Integrated Defense Systems extends its role as the total ship electronics systems integrator for all […]

  • EUROGATE’s Earnings Up Despite Lower Volumes

    6 April 2016
    Business & Finance

    Bremen-based terminal operator group EUROGATE saw a 2 percent decrease in its total container volumes in 2015 as it handled 14.5 million TEUs during the year.  The company said that the total handling volume for the German seaports in 2015 also declined by 2 percent, while container handling volumes at the German EUROGATE locations grew faster than […]

  • Keel Laid for USNS ‘Trenton’ at Austal USA

    11 March 2014

    A ceremony celebrating the laying and authentication of the keel of the future USNS Trenton (JHSV 5) was held at the Austal USA shipyard, yesterday. The keel was authenticated by the ship’s sponsor, Virginia Kamsky, who confirmed that it was truly and fairly laid. Although the laying of the keel has historically signified the start […]

  • Masters Course in Marine Renewables Starts Next Month

    8 April 2015
    Human Capital

    Global certification, inspection and testing group Bureau Veritas and the Spanish Maritime Institute (IME) are looking to raise standards of training and education in the offshore wind industry with a new Masters in Marine Renewables Energy course, starting 11th May 2015 in the second edition. The course has been launched following a report by EY, […]

  • Wind Tops EU Installation Charts as Renewables Shine

    9 February 2017
    Authorities & Government, Business & Finance, Research & Development

    Wind accounted for 51% of all new power installations in the European Union in 2016, connecting a total of 12.5GW to the grid across the 28 EU Member States – 10.923MW in onshore and 1,567MW offshore, WindEurope reports.

  • New Offshore Wind Business Initiative Launched in Denmark

    9 May 2014
    Business & Finance

    Offshore Wind Denmark has launched a new initiative to improve the competitiveness in the Danish offshore wind sector. Innovation groups will push developments, where companies in the offshore industry can meet and cooperatively develop new commercial and technical solution. “The innovation initiative is aimed at all companies affiliated with offshore wind energy in Denmark. This […]

  • Cash Secured for Balai Cluster RSC Pre-Development (Malaysia)

    17 May 2012
    Business & Finance

    BC Petroleum Sdn Bhd (“BCP”), the company incorporated by ROC, PETRONAS and Dialog Group to operate and manage the Balai Cluster Risk Service Contract in Malaysia, has secured project finance for the pre-development phase of the project. BCP has entered into a facility agreement for the financing of the pre-development phase for US$162 million. The […]

  • Shell 1Q CCS Earnings Up 2 Pct

    2 May 2013

    Royal Dutch Shell today reported first quarter 2013 earnings, on a current cost of supplies (CCS) basis, were $8.0 billion compared with $7.7 billion for the first quarter 2012.  First quarter 2013 CCS earnings excluding identified items were $7.5 billion compared with $7.3 billion for the first quarter 2012, an increase of 3%. “Our industry continues to […]

  • OGA awards contracts to attract further exploration on UKCS

    7 August 2018

    The OGA has awarded new contracts through Government funding, to continue to stimulate exploration activity on the UKCS.

  • Subsea UK Urges Companies to Extend Global Reach

    11 August 2016
    Research & Development

    Subsea UK is encouraging British firms to set their sights on international expansion to sustain long term growth. The industry body is urging companies to look beyond the North Sea and establish international links to generate new business and support the government’s strategy to increase British exports to £1 trillion by 2020. Subsea UK in […]