5753 results found for 'matuku'

5753 results found for 'matuku'
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  • Schilling Robotics Receives 2011 Spotlight on New Technology Award for its HD™ ROV (USA)

    22 March 2011
    Business & Finance, Equipment, Research & Development

      Schilling Robotics, LLC, experts in subsea systems, announced today that it has received a 2011 Spotlight on New Technology Award from the Offshore Technology Conference (OTC) for its new Heady-Duty (HD™) ROV. The honor, which recognizes innovative technologies that significantly impact offshore exploration and production, was awarded to Schilling for the HD’s technological advancements. […]

  • Husky defers two offshore projects after taking an ax to capital spending

    13 March 2020
    Business & Finance, Project & Tenders

    Husky Energy has decided to cut its 2020 capital spending by $900 million in upstream spending and an additional $100 million in additional measures. 

  • Westwood: Best time in years to drill for oil and gas

    10 May 2018
    Equipment, Exploration & Production

    Energy intelligence group Westwood feels that now is the best time to explore for oil and gas in the last decade.

  • Dorado one of largest oil discoveries ever on Australian NWS

    20 August 2018
    Project & Tenders

    Quadrant Energy’s Dorado offshore discovery is one of the largest ever oil discoveries in Australia’s North Western Shelf.

  • Norway: Siemens Opens Subsea Technology Center in Trondheim

    1 September 2011
    Business & Finance, Operations & Maintenance, Research & Development

    On September 1, Siemens Energy opened its new subsea technology center in Trondheim, Norway. Siemens has invested more than EUR10 million in the refurbishment of a building in which new process equipment will be developed and manufactured. The new facility covering an area of 10,000 square meters will be the global research and development center […]

  • RenewableUK Urges Government to Take Action

    24 June 2015

    RenewableUK has published a new document which makes a case to Government to continue its support for offshore wind, outlining specific actions that Ministers could take to ensure expansion. “Our Offshore Energy Future – Actions for Growth” is launched today at the opening of RenewableUK’s Global Offshore Wind conference and exhibition at ExCeL in London. […]

  • DNV GL Certifies OAT Osterholz Antriebs Technik’s Blade Pitch System

    11 March 2014
    Technology

    DNV GL today announced the component certification of a pitch system for blade pitch control system supplier OAT Osterholz Antriebs Technik GmbH.  DNV GL’s team of engineering and certification experts has been working closely with OAT Osterholz Antriebs Technik in endeavouring the technical certification, which is globally valid. The pitch system has been certified for […]

  • DNV GL: Wind Power to Aid Oil and Gas Industry

    20 May 2014
    Research & Development, Technology

    DNV GL studies suggest there are opportunities for a new generation of autonomous injection systems used to increase the reservoir pressure.  There are clear indications that such a wind-powered water injection system could reduce both CAPEX and OPEX and drive innovation of new technology. It could be installed without costly retro-fittings on the platform, provide […]

  • Chinese Tidal Energy Industry Advancing

    7 November 2014

    Under the serious pressure of energy shortages and environmental pollution, China has formulated various strategy measures to accelerate the development of renewable energy technologies. Among them the medium and long-term China’s target, increasing the portion of renewable energy in the final primary energy consumption to 15 per cent by 2020, was set in Medium and […]

  • Sea Asia 2011 Ends – Record breaking 12,167 Participants (Singapore)

    14 April 2011

    Sea Asia 2011 ended on a high note this evening with a clutch of records broken at what is now confirmed as Asia’s leading maritime conference and exhibition. As Sea Asia closed at Marina Bay Sands Expo and Convention Centre in Singapore, it was revealed by the organisers that 12,167 people attended the three-day event […]

  • Air Energi Revenues Up 39%

    9 August 2013

    Air Energi Group, the global workforce solutions provider for the oil and gas industry, has published its financial end-of-year report for 2012. The numbers confirm another year of stellar growth for the company, with a turnover of £290 million (up 39 per cent year-on-year) translating into a gross profit of £34 million (up 35 per […]

  • GE Oil & Gas Buys Lufkin for $3.3 Bln

    2 July 2013

    GE Oil & Gas yesterday announced that it has completed its acquisition of Lufkin Industries, Inc., a leading provider of artificial lift technologies for the oil and gas industry and a manufacturer of industrial gears based in Lufkin, Texas, for approximately $3.3 billion. The move broadens GE Oil & Gas’ artificial lift capabilities with solutions […]

  • SCM, Maersk Oil Sign Survey Contract (Denmark)

    29 March 2013
    Business & Finance

    Strategic Corrosion Management (SCM) has secured a prestigious contract with Maersk Oil to deliver a programme of survey and inspection on more than 50assets in the Danish North Sea. The two-year plus programme will specifically review Transits and Penetrations to assess current and future levels of corrosion on assets in the Danish Underground Consortium (DUC), […]

  • Airbus Helicopters: EC175 flight simulator ready for service

    9 July 2014
    Business & Finance, Equipment, Project & Tenders

    The first Level D full-flight simulator for Airbus Helicopters’ EC175 rotorcraft has received airworthiness certification from the European Aviation Safety Agency (EASA), enabling launch pilots to be trained with this high-fidelity system.

  • Cyprus: Poseidon subsea cable system goes live

    3 April 2014
    Equipment

    Radius Oceanic Communications, Inc., and Cyta have announced testing and commissioning are complete on the Poseidon submarine cable system, a fiber optic network built to serve the oil and gas and scientific markets in the Eastern Mediterranean. Radius and its regional telecom partner, Cyta have also completed work to establish dual landing facilities in Cyprus, […]

  • Subsea Engineering & Training Specialist Jee Ltd to Double Staff

    28 November 2013
    Equipment

    Independent subsea engineering and training company Jee Ltd yesterday announced the expansion of its Aberdeen office as part of the firm’s vision for strategic growth, with the potential of increasing staff numbers by 110% in Aberdeen city and Shire. The new ‘Subsea Corridor’ premises are more than double the size of the previous Westhill office, […]

  • BP to invest $1B in North Sea

    5 August 2015

    British oil major BP is planning to invest $1 billion (£640 million) to expand the life of its North Sea assets.  The company hopes that this investment will secure the future of its Eastern Trough Area Project (ETAP) fields, located in the UK sector of the North Sea, until at least 2030. The Eastern Trough Area […]

  • Shell closes sale of UK North Sea assets

    1 November 2017

    Oil major Shell has completed the sale of a package of UK North Sea assets to Chrysaor for a fee of up to $3.8bn.

  • FAR Delighted with Updated Estimates of Its Reserves Offshore Africa

    27 February 2013

    The Board of FAR Limited today announced the outcome of the updated prospective resource estimates following the completion of internal technical studies.   The new assessment of the prospective resources, on an un-risked, best-estimate basis, concludes that approximately seven billion barrels of hydrocarbon resources (5.4 billion barrels attributable to FAR) could be contained within just two of FAR’s offshore […]

  • Five oil majors on board for DNV GL’s WIN WIN JIP

    22 October 2015

    The concept of using wind power for offshore oil and gas applications is one step closer to realisation, DNV GL said in a press release on Thursday. WIN WIN, a DNV GL-led joint industry project (JIP), is running with the following seven participants: ExxonMobil, ENI Norge, Nexen Petroleum UK Ltd, Statoil, VNG, PG Flow Solutions, and […]

  • MSI: Bulkers without Scrubbers Will Become Uncompetitive

    22 October 2018
    Rules & Regulation

    Early adopters of scrubbers are set to reap the fruits from higher charter rates and asset values.

  • Euroseas in Pursuit of Younger Tonnage

    24 May 2016
    Business & Finance

    Euroseas, owner and operator of drybulk and container carrier vessels, is looking to avail of the low ship prices to replace some of its older vessels with younger tonnage. These in particular relate to continerships as prices for vessels older than 15-years have been squeezed around scrap prices. “In that context, we sold in May […]

  • Navios Acquisition Secures USD 125m Loan

    10 November 2015
    Business & Finance

    Owner and operator of tanker vessels Navios Acquisition has entered into a term loan facility of up to USD 125 million with Deutsche Bank AG Filiale Deutschlandgeschäft and Skandinaviska Enskilda Banken AB to finance fleet additions. The company said that the loan will be used to finance the purchase price of the Nave Spherical, a 2009-built, 297,188 […]

  • DHT Co-CEOs: We Are Neither For nor Against Scrubbers

    3 December 2018
    Business & Finance, Rules & Regulation

    DHT Co-CEOs: We believe scrubbers to be an economical way to comply with the new regulations.

  • GOGL Profitable Despite Capesize Freight Rates Decline in Q4

    19 February 2019
    Business & Finance

    Golden Ocean Group remains profitable in 2018 despite weaker Capesize dry bulk market.