5819 results found for 'matuku'

5819 results found for 'matuku'
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  • 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.

  • New gas module on Troll C to help boost production from Fram

    6 November 2017
    Business & Finance, Project & Tenders

    The partners in the Fram license have decided to invest in a new project to increase production from the Fram field located in the North Sea off Norway, about 20 kilometers north of the Troll field. 

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • Golden Ocean Inks Refinancing Deal for 10 Bulkers

    30 May 2018
    Business & Finance

    Golden Ocean Group Limited has secured a USD 120 million loan facility to refinance ten ships at favorable terms.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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).

  • 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 […]

  • New Finnish consortium to work on fuel-flexible technologies for maritime transport

    21 October 2024
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Research & Development, Technology

    A number of Finnish research organizations and companies have launched a project to develop fuel-flexible solutions for maritime transport and off-road machinery, enabling the optimal use of zero- and low-carbon fuels and reducing greenhouse gas (GHG) emissions by up to 100%. The Flexible Clean Propulsion Technologies (Flext-CPT) project aims to reduce dependency on single fuel […]

  • 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 […]

  • 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 […]

  • 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 […]