5753 results found for 'matuku'

5753 results found for 'matuku'
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  • Cairn Farms Into FAR’s Licences Offshore Senegal

    19 March 2013

    Australia’s FAR Ltd has announced a farm in agreement for its three blocks offshore Senegal in West Africa to Cairn Energy PLC,  a major UK listed oil and gas company. Pursuant to the farm in agreement, which is subject to Senegalese Government approval, Cairn will operate and carry FAR through an exploration well expected to be drilled in […]

  • 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 […]

  • 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 […]

  • Aker Solutions Reports 3Q Revenues of USD 1.5 Bln. Records Loss in Brazil

    3 November 2011
    Business & Finance

    Aker Solutions’ operating revenues in the third quarter of 2011 were NOK 8.56 billion (Approximately 1.5 billion). Earnings before interest, tax, depreciation and amortisation amounted to NOK 322 million. Order intake in the quarter was NOK 8 billion. “Our subsea challenges in Brazil are well known. We are working on a number of improvement initiatives, […]

  • EVNT Sells Voraxial Separators for FPSO in South America

    7 March 2012
    Business & Finance, Equipment

    Enviro Voraxial Technology, Inc. announced today that it has received another multi-unit purchase order for its Voraxial® Separators from a South American National Oil Company. The units were recently shipped. Following record sales in 2011, EVTN projects accelerated growth in 2012 as evidenced by expanding opportunities with some of the world’s largest corporations. These Voraxial® […]

  • Norway: Aker Drilling Contemplating New Bond Issue

    24 January 2011
    Business & Finance

    Aker Drilling ASA is contemplating the issue of up to NOK 1,500 million in a new senior, unsecured bond in the Norwegian bond market with maturity in February 2016. The proceeds will be used to refinance the outstanding bond issue AKD02 with ISIN NO001057171.4, repay existing subordinated loans to Aker ASA and for general corporate […]

  • Eastern Pacific sets path to switch to methanol and ammonia as marine fuels

    8 March 2021
    Collaboration, Environment, Innovation, Transition, Vessels

    Singapore’s Eastern Pacific Shipping (EPS) has signed a Memorandum of Understanding (MOU) with Dutch OCI N.V. and engine manufacturer MAN Energy Solutions to develop methanol and ammonia as marine fuels. Under the MoU, the partners will select conventional vessels from EPS’ existing tanker fleet that use MAN engines to be retrofitted, allowing them to be […]

  • 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 […]

  • 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 […]

  • MP to Inspect River Nar Restoration Progress (UK)

    27 September 2013

    Henry Bellingham, North West Norfolk MP, will visit the River Nar later this week to see how work is progressing to restore it to a more natural state. The visit has been organised by the Environment Agency and its partners to highlight the ongoing efforts to improve the river. Repeated dredging over the years has […]

  • 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. […]

  • Maersk Oil lifts profit on higher oil price, lower costs

    16 August 2017
    Business & Finance

    Danish oil company Maersk Oil increased its profit and revenues for the second quarter of 2017 helped by higher oil prices and lower costs.  According to a financial report on Wednesday by Maersk Oil’s parent company, A.P. Moller – Maersk, Maersk Oil recorded an underlying profit of $184 million in the second quarter of 2017, […]

  • 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.

  • Yara joins International Windship Association

    8 June 2021
    Collaboration, Outlook & Strategy, Transition

    After partnering with BAR Technologies to bring WindWings to the global shipping industry, Yara Marine Technologies has now joined the International Windship Association (IWSA).

  • 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.

  • Bermuda: Seadrill Launches up to US$650 Million Convertible Bond

    21 October 2010
    Business & Finance

    Seadrill Limited announces today that it intends to issue up to US$650 million in principal amount of convertible bonds with a seven-year tenor. This amount includes an increase option of up to US$100 million that has been granted to the joint bookrunners of the offering. The senior, unsecured bonds will be convertible into common shares […]