5753 results found for 'matuku'

5753 results found for 'matuku'
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  • Statoil Extends Lifetime and Production on Statfjord A

    15 November 2013
    Business & Finance

    The Statfjord A platform in the North Sea actually should have been shut down several years ago. Statoil, Centrica and ExxonMobil have now decided to extend production from the platform until 2020. “Statfjord A is our oldest platform and represents the history of the company’s inception. The extension means that Statfjord A will still be […]

  • J+S Marine Renewables Marks Five-Year Anniversary

    16 January 2014
    Business & Finance, Research & Development

    Five years ago, J+S Limited launched into the Marine Renewables industry. Their aim was to help customers capitalise on getting power and control information from energy conversion devices to shore, specifically in the harsh environments experienced by the offshore Wind, Wave & Tidal sectors. Built on the success of their existing Defence and Oil and […]

  • STATS Wins Middle East EPRS Deal

    17 July 2015
    Business & Finance, Equipment, Project & Tenders

    STATS Group has secured a 10-year contract in excess of $10 million (£6.5 million) with a major LNG operator in the Middle East. The EPRS and pre-planned isolation contract follows the completion of a similar multi-million pound contract on behalf of the world’s largest LNG producer Qatargas. The specialist pipeline engineering group will design, manufacture and test […]

  • NSRI Gathers Subsea Supply Chain for Wave and Tidal Workshop

    10 May 2018
    Business & Finance, Equipment, Research & Development

    The National Subsea Research Initiative (NSRI) is hosting a Mastermining workshop in Aberdeen on May 16 for subsea supply chain companies in a bid to harness opportunities in the wave and tidal market. Scotland is active in the commercialisation of wave and tidal stream energy, including via the European Marine Energy Centre in Orkney and the […]

  • OGTC, Wood Mackenzie Launch ‘Tie-back of the Future’ Initiative

    9 February 2018
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Wood Mackenzie and the Oil & Gas Technology Centre are developing new subsea technology and approaches to field developments that could help unlock 400 million additional barrels of oil and gas and generate £3 billion of additional value. On the UK Continental Shelf (UKCS), there is 3.4 billion barrels of oil and gas potential discovered […]

  • Maersk Drilling, Maersk Supply Service Form JV Decom Company

    12 April 2018
    Operations & Maintenance, Project & Tenders, Research & Development

    Maersk Drilling and Maersk Supply Service have established a 50:50 joint venture (JV) to provide decommissioning services to oil and gas operators. Due to high demand for decommissioning, especially in the North Sea where more than 400 fields are expected to cease production by 2026, the JV will offer bundled solutions for up to 80% of the process required […]

  • Marine Energy Alliance welcomes 23 new SMEs

    11 June 2020
    Business Developments & Projects, Collaboration, Innovation, Research & Development, Technology, Transition

    Marine Energy Alliance has reached another important milestone by awarding services to 23 small and medium-sized enterprises (SMEs) through its Second Call for Applications. The Marine Energy Alliance aims to progress the technical and commercial maturity level of early-stage (TRL 3 – 4) marine energy technology companies with the overall goal of reducing the risk […]

  • Apache in second ‘significant oil discovery’ offshore Suriname

    2 April 2020
    Exploration & Production, Infrastructure

    Oil and gas company Apache Corporation has made a ‘significant oil discovery’ at the Sapakara West-1 well drilled offshore Suriname on Block 58.

  • USA: Aker Solutions Announces Acquisition of Managed Pressure Operations (MPO)

    27 February 2013
    Business & Finance, Project & Tenders

    Aker Solutions has acquired Managed Pressure Operations International, Ltd. (MPO), a company that has successfully developed the next generation of continuous circulation, riser gas handling and managed pressure drilling systems. The acquisition places Aker Solutions at the forefront of technology development in the market for managed pressure drilling (MPD) which is seen as a key […]

  • EMS Albanian Port Operator Starts Active Service

    15 July 2013
    Business & Finance

    Today EMS Albanian Port Operator Shpk started officially operations at the East Terminal in the Port of Durres. EMS APO, full daughter of the German logistics company EMS Shipping & Trading GmbH, Leer, had won the tender this year. The contract was signed in May and has a maturity of 35 years. “An important day […]

  • Talisman Deepens Its Strategic Partnership with Sasol in the Montney Shale Play (Canada)

    8 March 2011
    Project & Tenders

      Talisman Energy Inc. has announced it is deepening its strategic relationship with Sasol Limited (Sasol) in the Montney shale play, to include the sale of a 50% net working interest in its Cypress A assets, for a total consideration of C$1,050 million. Talisman will operate and manage the Cypress A and Farrell Creek areas […]

  • Polarcus Signs Documentation for USD 410 Million Bank Loan Facility (U.A.E)

    6 October 2011
    Business & Finance, Operations & Maintenance

      Polarcus Limited announces that the Company has signed the loan documentation for a bank loan facility of USD 410 million with DnB NOR Bank ASA and DVB Bank SE, Nordic Branch, together with Garanti-instituttet for Eksportkreditt (GIEK) and Eksportfinans ASA (the “Fleet Bank Facility”). The loan documentation replaces the committed term sheet that was […]

  • Saudi Aramco CEO: Upstream industry needs transformation

    27 September 2016

    The global upstream oil and gas industry needs to move away from a “business as usual” approach and capitalize on opportunities to transform itself to be at the forefront of the world’s energy industry, Saudi Aramco CEO said. Speaking at the annual SPE and ATCE conference in Dubai, President and Chief Executive Officer, Amin H. […]

  • DW: After narrowing by year-end, oil oversupply to grow again in 2017

    8 August 2016

    There is a general consensus amongst industry analysts that the oil oversupply creating the current market downturn will narrow by the end of 2016, Douglas-Westwood, an energy intelligence group, said in its DW Monday report. However, DW said, it is highly likely that the oversupply will increase once again in 2017.  The group said that its […]

  • USA: Vantage Drilling Reports 4Q 2010 Net Loss of USD 13 Million

    16 March 2011
    Business & Finance

      Vantage Drilling Company reports a net loss of $13.0 million or $0.05 per diluted share for the three months ended December 31, 2010 as compared to net loss of $4.3 million or ($0.02) per diluted share for the three months ended December 31, 2009. Net loss for the fiscal year ended December 31, 2010 […]

  • Kongsberg eBird Seismic System Nominated for Prestigious Design Award (Norway)

    24 February 2011
    Business & Finance, Equipment

      Kongsberg Seatex’s unique ‘eBird’ Seismic Streamer Control System has been nominated for the prestigious Honours Award for Design Excellence by the Norwegian Design Council (NDC). Kongsberg Seatex, Kongsberg Maritime’s specialist in position reference systems, and attitude determination, is one of four companies to be nominated, with the winner to be announced during the Norwegian […]

  • Trinity acquires stake in two Centrica blocks off Trinidad

    17 July 2014
    Business & Finance

    Trinity, the leading independent E&P company focused on Trinidad and Tobago, has secured an agreement with Centrica plc to acquire its 80% interests in Blocks 1a and 1b offshore the west coast of Trinidad for a headline consideration of US$23 million. The Assets contain four gas discoveries with aggregate gross 2C resources of 268 Bcf […]

  • Statoil Evaluating Njord A Options. Thinking of Building New Platform

    21 November 2013
    Project & Tenders

    Faroe Petroleum today announced that Njord field partnership is, among other things, thinking of constructing a new platform, to replace Njord A.   As previously announced on 26 September 2013, the Njord operator Statoil has been carrying out a detailed analysis of the platform’s structural integrity. The preliminary results from this numerical analysis led to […]

  • Höegh LNG Targets Four Long-Term FSRU Projects

    29 November 2018
    Business & Finance

    Norway-based company Höegh LNG said it is in the final selection round for four different long-term FSRU projects.

  • UK’s subsea exports to pick up in 2017, survey reveals

    2 February 2017

    British subsea companies are expecting to increase overseas activity in the next 12 months, according to a survey conducted by industry body, Subsea UK. Subsea UK on Thursday revealed findings from its export survey at the Subsea Expo, the world’s largest subsea exhibition and conference, currently being held in Aberdeen. According to the survey, of the […]

  • Equinor hits oil and gas near Fram field in North Sea

    6 November 2019
    Exploration & Production

    Equinor has discovered oil and gas in exploration well Echino South, 35/11-23, by the Fram field in the North Sea.

  • Eni’s 3Q output soars, but profit slumps

    25 October 2019

    Italy’s Eni has reported a 66 percent drop in net profit, and a spike in production compared to the third quarter of 2018.

  • Ophir partners hand over field facilities to Petronas

    20 November 2018

    Partners in the Ophir field located offshore Malaysia have handed over the field’s wellhead platform, wells, and pipeline to Petronas, following their exit from the project due to economic cut-off.

  • SBM Offshore orders 2nd Fast4ward FPSO hull citing industry uptick

    16 November 2018
    Infrastructure

    World’s largest FPSO provider SBM Offshore has confirmed it has ordered an FPSO Hull from China’s SWS shipyard on the back of an uptick in the FPSO industry and the increased client interest.

  • Eni profit soars on higher output

    27 July 2018
    Business & Finance

    Italian oil company Eni recorded a significant increase in its quarterly profit driven by its Exploration & Production business.