5819 results found for 'matuku'

5819 results found for 'matuku'
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  • Monaco: Scorpio Tankers Inc. Converts its Credit Facility into Reducing Revolving Credit

    14 July 2011
    Business & Finance

      Scorpio Tankers Inc. announced today that it has amended its 2010 Credit Facility converting it to a reducing revolving credit facility from a term loan and that it has agreed to time charter-in two vessels. The Company executed an amendment to its 2010 Credit Facility with Nordea Bank Finland plc, acting through its New […]

  • Oil & Gas UK Releases Decommissioning Market Insights

    3 October 2013
    Research & Development

    Oil & Gas UK  published a suite of documents which highlight the need for the industry to prepare for forthcoming decommissioning projects and increase the efficiency of related processes. The publications feature information gathered on the scale of decommissioning activity to come on the UK Continental Shelf (UKCS), experiences of and lessons from pipeline decommissioning […]

  • 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 […]

  • 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 […]

  • 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. […]

  • 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 […]

  • 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. 

  • Ithaca Energy mulls options for potential IPO

    3 February 2020
    Business & Finance

    Ithaca Energy, a subsidiary of Israel’s Delek Group, is exploring options to optimize its capital structure, including a potential initial public offering (IPO). 

  • Maersk Drilling joins forces with Halliburton and Petrofac for Seapulse drilling program

    11 December 2019
    Business & Finance, Exploration & Production

    Maersk Drilling has signed agreements with Halliburton and Petrofac to collaborate on the exploration program to be delivered under Maersk Drilling’s master alliance agreement with Seapulse.

  • DNV GL approves OSV-based LNG bunker vessel design

    2 April 2019

    DNV GL has presented ShipInox with an Approval in Principle (AiP) for its new small-scale LNG carrier/bunker vessel design.