5753 results found for 'matuku'

5753 results found for 'matuku'
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  • 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 […]

  • Shell backs out of Norway’s Arctic-focused licensing round

    5 April 2016

    Oil and gas giant Royal Dutch Shell has reportedly decided to withdraw from Norway’s Arctic-focused licensing round.  When it comes to reasons behind this decision, Reuters quoted the company’s statement as saying, “The decision is part of an optimization of Shell’s global portfolio following the acquisition of BG and a persistently low oil price. Norway remains one […]

  • Pilot Energy confirms oil potential in Northern Carnarvon Basin permit (Australia)

    20 October 2015

    Pilot Energy has confirmed the potential for multi-million barrel oil discoveries in its WA-507P exploration permit, located in Exmouth Plateau in Northern Carnarvon Basin off the Australia’s Northwest Shelf.  Pilot Energy, the operator of the permit with 80% working interest, on Tuesday announced that an independent audit of prospective oil resources for its WA-507-P exploration permit had […]

  • Energy Minister challenges energy sector to continue with development (UK)

    12 March 2015

    Energy Minister Matthew Hancock MP has challenged the energy sector supply chain to continue with the development of new and innovative solutions to maximise UK resources and take advantage of international opportunities. Speaking at the NOF Energy annual conference, Energy: A Balanced Future, Hancock said the Government had been listening to representations from industry to […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • Higher Charter Coverage Improves Danaos’ Q3 Earnings

    31 October 2017
    Business & Finance

    As a result of higher charter contract coverage, Athens-based containership owner Danaos Corporation managed to improve its earnings in the third quarter of this year, when compared to the same period of 2016. The company’s net income amounted to USD 22.4  million during the quarter ended September 30, 2017, compared to a net loss of […]

  • China Shipping Jiangsu Shipyard Scores Three New Deliveries in Two Days

    6 October 2011

    Highlights of new ship delivery occurred frequently by China Shipping Industry (Jiangsu) Co., Ltd. After delivery of bulk carrier “An Hua Shan” for China Shipping Development Co., Ltd. tramp. Co. on Sep. 27, 2011, 1st and 2nd 57000 bulk carrier “Lanhai He Le” and “Lanhai He Mei” for Minsheng Financial Leasing Co., Ltd. (MSFL) (Guangdong […]

  • 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 […]

  • Spain: Repsol Profit Down

    28 February 2013

    Repsol posted net income of 2.060 billion euros for 2012, a 6.1% decline from the year earlier. At current cost of supply (excluding the change in value of the oil inventories that the company stocks as part of Spain’s strategic reserve) Repsol’s net income was 2.048 billion euros, 5.4% higher than 2011, when the earnings […]

  • AGL: NSW Could Face Gas Supply Shortages from Winter 2016

    17 March 2014

    Economists at AGL Energy Limited have released a new research paper ‘Solving for ‘x’ – the NSW Gas Supply Cliff’, revealing that New South Wales (NSW) could potentially experience around 20 days of gas shortages from winter 2016 . Written by AGL’s Chief Economist and Griffith University Professor of Economics, Paul Simshauser, and AGL’s Head […]

  • Inpex, Shell and Nextgen to Build Subsea Cable System to Support LNG Projects

    12 May 2014
    Equipment, Project & Tenders

    INPEX and Shell have announced plans to invest in a significant new project to construct a subsea optical fibre cable system with the Nextgen Group, delivering critical infrastructure for the nation’s resources industry. The subsea fibre optic cable system will provide the Inpex Ichthys LNG and Shell Prelude Floating Liquefied Natural Gas (FLNG) projects located in […]

  • IEA: market flexibility improving thanks to LNG

    19 October 2017

    While gas markets are currently well supplied, the transformation of natural gas markets from regional systems to more globalized and interdependent markets is creating new security challenges, according to the International Energy Agency’s latest assessment of global gas security. The IEA’s second Global Gas Security Review analyzes recent gas balancing issues and risks with related […]

  • Wave-Powered Desalination Project Developed Under DNV GL’s Patronage

    6 August 2014
    Human Capital, Research & Development, Technology

    A new concept conceived by twelve selected students in the DNV GL Summer Project makes a case for wave-powered desalination to help address global water scarcity challenges. Developed over the past two months by twelve cross-disciplinary fourth-year students, the concept, dubbed Ocean Oasis, is an environmentally friendly off-grid system. It comprises of a wave energy […]

  • Wind Industry Outlines Path to Energy Transition for Policymakers

    27 September 2016

    WindEurope has launched its Making Transition Work report today in Hamburg. The report details specific policy proposals on how Europe can remain a leading force in wind energy and renewables.  The report provides recommendations to policymakers on how to facilitate a swift transformation of the energy system and considers the policies that will make Europe the best choice […]

  • EU Regions Call for Greater Ocean Energy Support

    15 October 2015
    Authorities & Government

    The EU Committee of Regions (CoR) has called for greater public and private support for ocean energy to boost economic growth and secure jobs in the EU’s regions. CoR argues that greater commitment would boost energy security and enable the European Union to retain its competitive advantage in a pioneering sector. The opinion, which was drafted […]

  • NWA: Work-Rest Balance Crucial for CTV Crews

    31 August 2017
    Operations & Maintenance

    Managing the working and rest hours of crews whilst ensuring the successful completion of technician transfers continues to pose a significant challenge in the safe operation of offshore wind crew transfer vessels (CTVs), according to the National Workboat Association (NWA).

  • DONG Reaches FID for World’s Biggest Offshore Wind Farm

    11 September 2017
    Business & Finance

    DONG Energy has taken a Final Investment Decision for its Hornsea Project Two, following the UK government’s allocation of the Contracts for Difference (CfD) and the offshore wind giant winning a CfD for what will become the world’s biggest wind farm.

  • GWEC Publishes Its 2014 Wind Power Statistics

    10 February 2015

    After a slowdown in 2013, the wind industry set a new record for annual installations in 2014. Globally, 51,477 MW of new wind generating capacity was added in 2014 according to the global wind market statistics released today by the Global Wind Energy Council (GWEC). The record-setting figure represents a 44% increase in the annual […]

  • Turbine speed control could bolster Mutriku wave plant output

    29 December 2017
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    Researchers from the University of the Basque Country (UPV/EHU) have found that wave power plant located off the coast of Spanish town of Mutriku could improve its efficiency.