5783 results found for 'matuku'

5783 results found for 'matuku'
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  • Malaysia: BPHB to Fund Samalaju Deepsea Port Project Via Equity and Debt

    18 May 2012

    Bintulu Port Holdings Bhd (BPHB) will fund the development of the RM1.8bil Samalaju deepsea port project through a combination of equity and debt. Chief executive officer Datuk Mior Ahmad Baiti Mior Lub Ahmad said the equity to debt ratio would be announced soon after it was finalised with BPHB’s major shareholders. “We have discussed the […]

  • DECC Approves EnQuest’s £4 Billion Kraken Development (UK)

    15 November 2013

    EnQuest PLC has given its go-ahead for a £4 billion investment in the c.140 million barrel oil field Kraken development. According to EnQuest, the investment is set to generate billions of revenue for taxpayers and to support an estimated 20,000 jobs during the project’s construction period and an average of approximately 1,000 operational jobs a year […]

  • Baleària builds 1st electric ship to serve as test lab for green hydrogen

    27 January 2022
    Business Developments & Projects, Environment, Infrastructure, Innovation, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    Spanish ferry operator Baleària has embarked on a project to build the first electric passenger and cargo ferry that will be pollution free during port stays and approaches.

  • CMA CGM Remains in Red, Repays NOL Acquisition Loan

    20 November 2016
    Business & Finance

    French shipping major CMA CGM reported a net loss of USD 202 million in the third quarter of 2016, while its revenue for the quarter fell by 16.3 percent to USD 3.33 billion, excluding NOL contribution. The company said that, including NOL contribution, CMA CGM’s quarterly net loss stood at USD 268 million, while its revenue for […]

  • 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 […]

  • Malaysian oil & gas firm swoops up TotalEnergies’ Brunei business for $259 million

    14 June 2024
    Business & Finance, Business Developments & Projects

    TotalEnergies has set the wheels in motion to divest its affiliate in Brunei to Hibiscus Petroleum, enabling the latter to take over an offshore asset.

  • Petronas continuing oil & gas ops at Java Sea field for 20 more years

    4 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Petronas has tucked a 20-year extension under its belt for a production sharing contract (PSC) related to an oil and gas field in the Java Sea.

  • Norway still holds ‘valuable’ gas resources but uncertainty looms over development for some

    5 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

    The Norwegian Petroleum Directorate (NPD) has conducted a mapping of gas resources that have yet to be developed.

  • Potential site identified for Malta’s first grid-connected floating solar project

    2 February 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Innovation, Outlook & Strategy, Project & Tenders, Vision

    A site located within Malta’s territorial waters has been identified as the potential location for the country’s first grid-connected floating solar project, Maltese Minister for Environment, Energy and Enterprise Miriam Dalli announced. A preliminary market consultation (PMC) has been launched to assess the market readiness for nearshore floating solar technology projects, specifically photovoltaic farms, within […]

  • Maersk Growth invests in Danish biofuel producer

    27 April 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

    Maersk Growth, a venture arm of industry major A. P. Moller – Maersk, has together with VÅR Ventures, invested in Kvasir Technologies, a Danish technology company developing a proprietary technology for the production of carbon-neutral biofuel from non-edible biowaste material. The company has raised EUR 2.15 million from this investment round, pushing the total to nearly […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]