5783 results found for 'matuku'

5783 results found for 'matuku'
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  • Pandion exits Duva field, PGNiG ups stake

    7 November 2019

    Pandion Energy has agreed to divest its 20% share in the Duva field through two transactions, one with PGNiG Upstream Norway and one with Solveig Gas Norway, each acquiring a 10% share in PL 636 and PL 636B.

  • ExxonMobil’s Norwegian portfolio worth over $3 billion, Rystad estimates

    27 June 2019
    Business & Finance

    U.S. supermajor ExxonMobil is looking to sell its Norwegian upstream assets. The portfolio has an estimated value of $3.1 billion, according to Rystad Energy.

  • SBM Offshore mothballing Brazil yard, FPU business

    15 November 2018
    Infrastructure

    World’s largest FPSO supplier SBM Offshore will shut down its Brasa yard in Brazil where it integrates FPSO units’ hulls and modules

  • UK: SCM Wins Transits and Penetrations Contract with Maersk

    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), […]

  • Rickmers Floats Revised Debt Restructuring Plan

    22 September 2016
    Business & Finance

    Rickmers Trust Management, the trustee-manager of the container ship owner and operator Rickmers Maritime, has presented a revised restructuring plan in relation to the SGD 100 million (USD 74 million) 8.45% notes due 2017 after taking feedback from its informal meeting with noteholders on 15 September 2016. Soeren Andersen, the Chief Executive Officer of Rickmers Trust Management, said […]

  • Study: Improved Technology Needed to Safely Develop Arctic Resources

    29 August 2012
    Business & Finance, Equipment

    A new study about crucial risk management issues relating to Arctic operations is released by DNV and the Fridtjof Nansen Institute (FNI).  This concludes that, in order to safely develop Arctic resources, there is a need for improved technology, oil spill preparedness and close cooperation between the authorities, industry and society. DNV’s CEO, Dr Henrik […]

  • UK Oil and Gas Tax Regime Praised by Oil & Gas UK Director

    4 October 2012
    Business & Finance

    Oil & Gas UK’s economics director, Mike Tholen, yesterday (3 October) told a London audience of over 150 that recent changes to the UK oil and gas tax regime will promote investment to the benefit of British jobs, oil and gas production and tax revenues. He was speaking at an Oil & Gas UK breakfast […]

  • Shell to build its largest Gulf of Mexico platform for Appomattox development

    1 July 2015
    Exploration & Production, Project & Tenders

    Royal Dutch Shell plc has today made the final investment decision (FID) to advance the Appomattox deep-water development in the Gulf of Mexico. This decision authorises the construction and installation of Shell’s eighth and largest floating platform in the Gulf of Mexico. The Appomattox development will initially produce from the Appomattox and Vicksburg fields, with average […]

  • Statoil hands in Oseberg Vestflanken plan

    18 December 2015
    Project & Tenders

    Statoil and its partners submitted the plan for development and operation (PDO) of the North Sea Oseberg Vestflanken 2, offshore Norway, to the authorities on Friday, December 18, 2015. Statoil says that the development will provide in excess of 100 million barrels of oil equivalent. According to the Norwegian Petroleum Directorate (NPD), the development cost […]

  • LWI Vessels: Important Tool for Increasing Recovery (Norway)

    15 December 2011
    Business & Finance

    Statoil is cutting the costs of increased recovery from fields in operation by hiring in light well intervention vessels. As of December Statoil has three light well intervention vessels in operation. Statoil awarded Island Offshore a framework agreement earlier this year for light well intervention (LWI) services from their Island Constructor vessel.  The new vessel […]

  • Siemens Inaugurates Subsea Technology Center in Trondheim, Norway

    2 September 2011
    Business & Finance, Equipment

      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 for the […]

  • U-Ming names LNG-powered Capesize pair destined for Anglo-Eastern

    13 December 2022
    Business & Finance, Business Developments & Projects, Green Marine, Vessels

    Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding hosted a naming ceremony for two LNG-powered bulkers built for Taiwanese bulk carrier company U-Ming Marine. The two Capesize bulkers ( 187,300 dwt and 210,000 cbm) were named Ubuntu Harmony and Ubuntu Equality during an online ceremony held simultaneously in Singapore, Taipei, and Shanghai. The two dual-fuel LNG-powered bulkers, classed […]

  • MSC World Europa paving way for maritime decarbonization

    17 December 2021
    Business Developments & Projects, Infrastructure, Innovation, Outlook & Strategy, Transition, Vessels

    California-based Bloom Energy, French shipyard Chantiers de l’Atlantique (CdA), and the cruise division of Swiss MSC Group have revealed plans to launch the first cruise ship operating on solid oxide fuel cell (SOFC) technology.

  • Offshore wind costs in 2050 could be lower than previously expected

    19 April 2021
    Market Outlooks, Outlook & Strategy

    Wind energy costs, including both offshore and onshore wind, could decline 37–49 per cent by 2050, resulting in costs 50 per cent lower than predicted in an analysis in 2015, according to a new study funded by the U.S. Department of Energy and published in Nature Energy. In the same study performed in 2015, experts […]

  • ShippingLab: New platform to test, validate green fuels

    8 April 2021
    Business Developments & Projects, Collaboration, Environment, Outlook & Strategy, Research & Development, Transition

    A new ShippingLab project aims to create an internationally recognized platform for testing and validating new fuel solutions that can aid in significantly reducing or eliminating greenhouse gas (GHG) emissions from the shipping industry.

  • Neptune creates digital twins for North Sea platforms

    2 June 2021
    Business & Finance, Business Developments & Projects, Environment, Equipment, Exploration & Production, IT & Software, Technology, Transition

    Neptune Energy has announced the digitisation of five of its operated offshore platforms in the Dutch, Norwegian, and the UK North Sea.

  • South Korea to build offshore hydrogen plants powered by floating wind

    7 May 2021
    Business Developments & Projects, Innovation, Technology, Transition

    Ten major South Korean companies, municipalities, and organisations are spearheading a project to develop and build offshore hydrogen production plants powered by floating wind. The first phase of the project includes the construction of a 100 MW demonstration electrolyzer plant in the East Sea. The Memorandum of Understanding (MoU) for the establishment of the demonstration […]

  • Designing of carbon-neutral offshore oil and gas platforms underway

    9 October 2020
    Business Developments & Projects, Innovation, Project & Tenders, Research & Development

    U.S. engineering firm McDermott has teamed up with electrical equipment giant Scheider Electric and io consulting, a Baker Hughes company, to design carbon-neutral facilities for the upstream oil and natural gas market.

  • US invests $22 million in marine energy R&D infrastructure

    23 December 2020
    Business Developments & Projects, Innovation, Research & Development, Technology

    The U.S. Department of Energy’s (DOE’s) Water Power Technologies Office (WPTO) has announced 10 project selections totaling up to $22 million to support marine energy research and development (R&D) and testing infrastructure.

  • Statoil hires West Phoenix rig for UK and Norway campaigns

    1 March 2018
    Business & Finance, Exploration & Production

    Statoil and its partners have contracted the West Phoenix rig for exploration drilling on the UK and Norwegian continental shelves from the summer of 2018.

  • Petrofac bags $250M deal to support Anasuria

    11 March 2016
    Business & Finance

    Petrofac has been appointed as duty holder to support Anasuria Operating Company (AOC), a UK joint venture formed between Hibiscus Petroleum and Ping Petroleum. The arrangement is effective on Friday in line with Ping and Hibiscus taking over as owner and AOC as license operator of the Anasuria cluster. To remind, the Malaysian duo, Hibiscus […]

  • Beach Energy takes further interest in Otway (Australia)

    24 November 2014
    Business & Finance, Project & Tenders

    3D Oil Limited (TDO) has announced that Beach Energy Limited has agreed to increase its funding of the expanded Flanagan 3D seismic survey in the T/49P permit in the offshore Otway Basin, Australia.  According to the company, the Flanagan survey is now programmed to record 974 sq km of full-fold data, significantly above the 755 […]

  • Ocean Rig takes a rain check on drillship delivery

    23 April 2018
    Exploration & Production

    Offshore driller Ocean Rig has decided to postpone the delivery of a newbuild drillship being built by South Korea’s Samsung Heavy Industries. 

  • Aker Solutions profit sinks amid market slowdown

    12 July 2017
    Business & Finance

    Norwegian oil services company Aker Solutions saw a decrease in its second quarter 2017 profit and revenues amid market slowdown.  For the second quarter of 2017, Aker Solutions on Wednesday posted a profit of NOK 33 million ($4 million), which dropped from a profit of NOK 131 million ($15.9 million) in the corresponding quarter of last year. […]

  • Aker BP brings online North Sea project less than two years after first steel

    11 April 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Norwegian operator Aker BP and its partner Pandion Energy have started production from the Hod B in the southern North Sea offshore Norway.