5753 results found for 'matuku'

5753 results found for 'matuku'
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  • DW: Gap in oil supply/demand to narrow later this year?

    7 March 2016

    Market researcher and energy industry consultancy Douglas-Westwood used its inaugural business breakfast, held in London last week, to present the company’s latest research for the financial sector and energy industry.  DW founder John Westwood chaired the proceedings and gave an introductory talk focusing on macro challenges and opportunities in the current cycle including skills transfer, geographic and […]

  • Statoil sees increased production from its oldest field

    9 December 2015

    Norway’s Statoil has reported that the Statfjord satellite fields, in the North Sea, are producing almost 50% more in 2015 than previously expected, and thus pass 10 000 barrels of oil equivalent on average per day in 2015. The Norwegian oil and gas company Statoil is the operator of the field with 44.3% stake and […]

  • Calima Energy awarded acreage off Namibia

    10 May 2018

    Calima Energy has been awarded a petroleum agreement for offshore Block 2813B in the Orange River Basin off Namibia.

  • Norway offers 56 offshore licenses to 29 companies

    17 January 2017

    The Norwegian government on Tuesday, January 17 informed that offers for 56 new production licenses on the Norwegian continental shelf will be sent to 29 companies. The offers are made following the authorities’ assessment of applications from 33 companies in the Awards in Predefined Areas (APA) 2016. Norway’s new Minister of Petroleum and Energy, Terje […]

  • Oil & Gas UK adds four new board members

    4 October 2016
    Business & Finance

    Oil & Gas UK, a trade association for the UK offshore oil and gas sector, has appointed four new members to its board. The organization said on Tuesday that Cory L. Loegering, region vice president and managing director for Apache North Sea; Robin Allan, Premier Oil’s director for the North Sea and Exploration; and Bill Dunnett, managing […]

  • Statoil Finds Oil in Barents Sea

    9 December 2013

    Statoil ASA has together with its partners Eni Norge AS and Petoro AS made an oil and gas discovery in the Skavl prospect in PL532, close to Johan Castberg in the Barents Sea.   Well 7220/7-2 S, drilled by the rig West Hercules, has proven a 22 metre gas column and a 23 m oil […]

  • Eni Buy Stake in Evans Shoal Gas Field Offshore Australia

    30 November 2011
    Business & Finance

    Eni has announced the purchase of a 32.5% stake in the Evans Shoal gas field in the Timor Sea,offshore 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 […]

  • Norway: Banks Support Det Norske with USD 500 Million Loan

    21 December 2011
    Business & Finance

    Det norske oljeselskap ASA  announced today a fully underwritten, 500 million dollar revolving corporate credit facility*. The facility contains an uncommitted increase feature (accordion) which, if fully utilized, would increase the facility amount by up to a maximum amount of 100 million dollar. The 500 million dollar tranche (the “Facility Amount”) is co-ordinated by DNB […]

  • Klaipedos Nafta Bags USD 148 Mn Loan for Its LNG Terminal

    24 December 2019
    Business & Finance

    Klaipedos Nafta has signed a USD 148 million loan to finance FSRU Independence’s charter.

  • DSME, NAPA, KMOU, and AVL Team Up on Developing Digital Ships

    17 June 2019
    Business & Finance

    The partnership is to develop engine room and operations solutions for digital twins.

  • Unions: Chevron keeping head in sand over Gorgon costs

    15 April 2014

    The Maritime Union of Australia (MUA) has joined forces with the International Transport Workers’ Federation (ITF) in a global campaign to, as they say, build awareness over delays and cost overruns on Chevron’s Gorgon LNG project in Australia. The MUA says that the Australian Mines and Metals Association (AMMA) has unfairly blamed the Western Australia […]

  • OE: Centrica’s Chief Executive Discusses UK O&G Future

    4 September 2013
    Business & Finance

    Centrica Chief Executive Sam Laidlaw gave a keynote address at the Offshore Europe conference in Aberdeen, one of the largest oil and gas events in Europe. Sam first spoke about the recent tragedy, which claimed the lives of four people from the oil and gas industry in a helicopter crash off Shetland. He said: “Our […]

  • Seadrill Orders USD 600 Million Drillship in South Korea

    11 April 2011
    Business & Finance

      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 […]

  • NWest Energy Extends Exploration Licences Offshore Western Newfoundland

    17 January 2011
    Business & Finance

    NWest Energy Corp. announces that the Company has elected to extend Period I of each of offshore Exploration Licenses 1097 and 1098 to January 15, 2012 by posting a drilling deposit in the amount of $250,000 for each license with the Canada-Newfoundland and Labrador Offshore Petroleum Board. Failure to drill or spud a well before […]

  • ABB nets $175M Zirku Island Job (UAE)

    3 April 2014
    Business & Finance, Equipment

    ABB, the Swiss-based power and automation technology group, has been awarded a $175 million contract to upgrade the power generation capacity at Zirku oil and gas processing facilities in the Gulf. The order, which covers engineering, procurement and construction (EPC), was awarded by Zakum Development Company (ZADCO), and booked by ABB in the fourth quarter […]

  • North Sea Independents Reveal Their Strategies at Oil & Gas UK’s Briefing

    13 June 2012
    Business & Finance

    Leading figures from three dynamic independent oil and gas companies will present their strategies and views of the challenges ahead at Oil & Gas UK’s forthcoming breakfast briefing, sponsored by Endeavour Energy, on Tuesday 19 June at the Aberdeen Exhibition and Conference Centre. Tom Reynolds, chief executive officer of Bridge Energy, will outline how his […]

  • Chariot Acquires Interest in Moroccan Offshore Licences

    11 October 2012

    Chariot Oil & Gas Limited, the independent Africa focused oil and gas exploration company, has entered into an agreement with Maghreb Petroleum Exploration S.A. (“MPE”) whereby MPE will transfer its 75% ownership and operational interests in two of its offshore licences, Loukos and Casablanca/Safi, to Chariot. In exchange, Chariot will take on the work commitments […]

  • Awilco Extends Charter Hire for Teekay’s LNG Carrier Duo

    3 August 2017
    Business & Finance

     Norwegian-based pure play LNG transportation company Awilco LNG has extended charter contracts for two LNG carriers owned by Teekay LNG Partners to December 2019. The contracts, relating to the Wilpride and Wilforce LNG carriers, were previously set to expire in the fourth quarter of 2017 and the second quarter of 2018. Awilco LNG remains obligated to repurchase the vessels either […]

  • Eletson’s Rating Downgraded Again amid Weak Liquidity

    20 December 2017
    Business & Finance

    Eletson Holdings has had its corporate family rating downgraded by Moody’s from B3 to Caa1.

  • Eni Buys 32.5 Percent Stake in Evans Shoal (Australia)

    30 November 2011

    Eni announced 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, holds expected […]

  • RasGas Takes Centre Stage at World LNG Summit (Spain)

    30 November 2010

    At the opening session of the CWC 11th Annual World LNG Summit in Barcelona, Spain, delegates’ attention was focused on RasGas Company Limited (RasGas) when Khalid Sultan Al Kuwari, its Marketing Executive, gave a keynote address titled, “The future is upon us”. Al Kuwari’s message was an upbeat one. “Demand growth is predicted across all […]

  • InterOil Corporation Announces Pricing of Public Offerings (Australia)

    5 November 2010

    InterOil Corporation today announced the pricing of its previously announced public offerings of notes and common shares, consisting of an aggregate US$61 million principal amount of 2.75% convertible senior notes due 2015 and 2,434,785 common shares at an issue price of US$75.00 per share. The underwriters have the right to exercise options to purchase up […]

  • Dart Energy Completes Share Issue (Australia)

    23 May 2011

    Dart Energy Limited today completed the issue of new shares pursuant to the recent entitlement offer, the retail component of which was settled on Friday, 20 May 2011. New shares issued will begin trading on the ASX on Tuesday, 24 May 2011. The entitlement offer raised a total of approximately AUD$100 million, increasing Dart’s current […]

  • China: RSHI Delivers Two VLCCs

    28 September 2012
    Business & Finance

    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., with a combined tonnage of nearly 800,000 DWT, marking a new record high of the Group’s single-day deliveries. […]

  • Eni Completes Placement of Galp Energia Shares, Italy

    27 November 2012

    Eni S.p.A. has completed the placement of approximately 33.2 million shares in Galp Energia SGPS S.A. , representing 4% per cent of the outstanding share capital of Galp, in an accelerated bookbuilding offer to international institutional investors at a price of EUR 11.48 per share. Gross proceeds from the Equity Offering amounted to approximately EUR […]