5753 results found for 'matuku'

5753 results found for 'matuku'
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  • 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.

  • Denmark: Maersk Looking at Biotechnology to Boost Oil Recovery

    7 April 2011
    Business & Finance, Equipment

    Maersk Oil has entered a collaborative 4-year research project that aims to increase oil recovery and prolong operations in the Danish North Sea by using biotechnology to create efficient, viable and environmentally safe solutions to the challenges of maturing oil and gas fields. The ‘Biotechnology in Oil Recovery’ (BioRec) project aims to answer questions such […]

  • 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,” […]

  • Global Shipping Professionals Show Commitment to ICS Examination Programme

    17 April 2013
    Business & Finance

    Newly-released figures from the Institute of Chartered Shipbrokers (ICS) reveal that a record number of shipping professionals around the world are choosing to sit the institute’s exams. At a time when the industry is entering the early stages of recovery, the continued rise in numbers of students sitting the exams – and their increasingly diverse […]

  • 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 […]

  • CGG to Downsize Its Fleet

    1 August 2014
    Business & Finance, Operations & Maintenance

    CGG has announced its non-audited 2014 second quarter results. Reported revenue was at $689 million, compared to $1.032 million same time last year. Restructuring measures implemented in 2014: – Marine fleet reduced to 13 seismic vessels by end 2014. 1 vessel already decommissioned, 1 vessel retired from the seismic market, 2 vessels de-rigged and 1 permanently […]

  • Chariot to De-Risk Prospects Off Mauritania

    1 May 2015
    Business & Finance, Operations & Maintenance, Research & Development

    Chariot and its partners Cairn Energy and the SociétéMauritanienne des Hydrocarbures et de Patrimoine Miner (SMHPM), have secured a one year extension on the current exploration phase of the C-19 licence offshore Mauritania. As part of the extension, the Partnership has committed to undertake seabed coring studies, which will provide further subsurface detail and serve […]

  • Decom North Sea to Host Lunch and Learn in Aberdeen (UK)

    15 April 2014
    Business & Finance

    Recent figures from the Oil & Gas UK Activity Survey indicate that decommissioning could cost around £40.6 billion in the UKCS between now and 2040. In a bid to exploit this potential, Decom North Sea (DNS), the offshore oil and gas decommissioning forum, will host a lunch and learn event to give supply chain companies […]

  • CGG: First Quarter 2014 in Line with Expectations

    7 May 2014
    Business & Finance, Operations & Maintenance

    CGG, a fully integrated Geoscience company providing leading geological, geophysical and reservoir capabilities to its broad base of customers primarily from the global oil and gas industry, announced its non-audited 2014 first quarter results.   First quarter results reflecting execution of contracts secured end-2013 in low market conditions: – Revenue at $806m, – Operating income […]

  • Norway: Aker Solutions Announces Third Quarter Results

    3 November 2011
    Business & Finance, Operations & Maintenance

    Aker Solutions’ operating revenues in the third quarter of 2011 were NOK 8.56 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, in close dialogue […]

  • UK: EI Publishes Guidelines for Improving Reliability and Obsolescence in Subsea Systems

    22 November 2011
    Business & Finance, Research & Development

      The Energy Institute (EI) has published new guidelines for improving reliability and obsolescence in subsea systems with the support of Subsea UK. These guidelines provide a framework for reliability assessment and use of field data as well as the management of obsolescence to help support continued improvements in efficiency and safety, particularly in relation […]

  • Premier looking to farm-down stake in Sea Lion oil project

    22 August 2019
    Infrastructure

    Premier Oil is looking for a farm-out partner for its Sea Lion offshore oil development in the Falklands Islands. 

  • Shell to sell Egyptian onshore assets to focus on offshore

    21 October 2019

    Shell has revealed plans to market its current onshore upstream assets in Egypt’s Western Desert to fully concentrate on growing its Egyptian offshore exploration and integrated gas business.

  • OMV Petrom kicks off new offshore drilling campaign in Black Sea

    1 July 2019

    Romanian energy company OMV Petrom has started a new offshore drilling campaign in the shallow waters of the Istria block in the Black Sea.

  • 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.

  • Wison, LR, GTT in 300MW FSRP development pact

    20 September 2018

    Wison Offshore & Marine has received an approval in principle from Lloyds Register for its 300MW FSRP generation barge.

  • Navios Holdings Plans to Further Reduce Its Expenses

    25 August 2016
    Business & Finance

    Greek dry bulk shipping company Navios Maritime Holdings reported its quarterly net loss at USD 26.4 million, compared with a net loss of USD 24.8 million seen in the same period of 2015. The increase in net loss was mainly due to a decrease in EBITDA, a decrease in income tax benefit, an increase in amortization for deferred drydock […]

  • Scorpio Tankers Slides into Red

    13 February 2017
    Business & Finance

    Monaco-based tanker owner Scorpio Tankers has plunged into a net loss of USD 29.7 million for the three months ended December 31, 2016, compared to a net income of USD 34.2 million seen in the same quarter a year earlier. The company’s revenue for the quarter also decreased to USD 106 million from USD 178.3 […]

  • China: RSHI Breaks New Record of Single-Day Deliveries

    28 September 2012

    China Rongsheng Heavy Industries Group Holdings Limited, a large heavy industries group in China, has delivered today one 380,000 DWT class Very Large Ore Carrier (VLOC) to each of Vale S.A. (Vale) and Oman Shipping Company S.A.O.C. (Oman Shipping), with a combined tonnage of nearly 800,000 DWT, marking a new record high of the Group’s […]

  • DNV Releases Shipping 2020, Norway

    21 November 2012

    DNV published Shipping 2020 this year to communicate the results of a comprehensive scenario studying exercise covering the world fleet up to 2020. Based on expected market developments, regulatory changes, fuel prices, cost and availability of new technology and specific shipowner requirements, the model explores the technologies with the best payoff that will also ensure […]

  • 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 […]

  • GROW Injects GBP 7 Mln into Offshore Wind

    16 December 2014
    Business & Finance

    Manufacturers looking to take advantage of the growth in the offshore wind market have received a £7m windfall of business support and capital funding. Bosses at the GROW:OffshoreWind service made the announcement at a recent supplier event to promote the £1.5bn Dudgeon Wind Farm project in Norfolk and immediately pointed to further investment in Hornsea […]

  • Offshore Wind Defines Innovation Horizon, MAKE Says

    22 December 2014
    Business & Finance, Research & Development

    Wind turbine technology has matured significantly, resulting in substantial reductions in LCOE and increased competitiveness of wind energy on the grid. Turbines have grown larger, more productive, cost effective and reliable due to technology investments. The next decade will bring further change, but the role of technology has shifted as the industry continues to evolve […]

  • Akuo, DCNS, Entrepose Sign NAUTILUS Contract

    24 December 2014
    Business & Finance

    Akuo Energy, DCNS and Entrepose (VINCI Construction) have signed a partnership agreement regarding an Ocean Thermal Energy Conversion (OTEC) plant project on the island of Martinique, a project called NAUTILUS. Akuo Energy will entrust the design and construction of this plant to DCNS and Entrepose. Manuel Valls stated: “The NAUTILUS onshore Ocean Thermal Energy Conversion project can help expand the […]