5819 results found for 'matuku'

5819 results found for 'matuku'
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  • Norway: Siemens Opens Subsea Technology Center in Trondheim

    1 September 2011
    Business & Finance, Operations & Maintenance, Research & Development

    On September 1, 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 […]

  • USA: Bath Iron Works Shipyard Hands Over Future USS Michael Murphy

    6 May 2012
    Business & Finance

    The Navy accepted delivery of the future USS Michael Murphy (DDG 112) today from General Dynamics at their Bath Iron Works shipyard. Michael Murphy is the last DDG 51-class ship to deliver until the class restart ships begin delivering in fiscal year 2016. DDG 112 successfully completed combined super trials in the Atlantic Ocean in March. […]

  • FAR Delighted with Updated Estimates of Its Reserves Offshore Africa

    27 February 2013

    The Board of FAR Limited today announced the outcome of the updated prospective resource estimates following the completion of internal technical studies.   The new assessment of the prospective resources, on an un-risked, best-estimate basis, concludes that approximately seven billion barrels of hydrocarbon resources (5.4 billion barrels attributable to FAR) could be contained within just two of FAR’s offshore […]

  • Air Energi Revenues Up 39%

    9 August 2013

    Air Energi Group, the global workforce solutions provider for the oil and gas industry, has published its financial end-of-year report for 2012. The numbers confirm another year of stellar growth for the company, with a turnover of £290 million (up 39 per cent year-on-year) translating into a gross profit of £34 million (up 35 per […]

  • Cyprus: Poseidon subsea cable system goes live

    3 April 2014
    Equipment

    Radius Oceanic Communications, Inc., and Cyta have announced testing and commissioning are complete on the Poseidon submarine cable system, a fiber optic network built to serve the oil and gas and scientific markets in the Eastern Mediterranean. Radius and its regional telecom partner, Cyta have also completed work to establish dual landing facilities in Cyprus, […]

  • USA: Snohomish River Restoration Project Kicks Off

    28 August 2013
    Business & Finance

    A major project to restore critical estuary habitat along the Snohomish River is underway as part of a U.S. Army Corps of Engineers and Tulalip Tribes of Washington partnership. The Qwuloolt Estuary Restoration Project will restore tidal access to about 360 acres of historic floodplain. The tribes partnered with several city, state and federal agencies […]

  • HII Starts Fabrication on U.S. Coast Guard’s Sixth NSC

    9 October 2013
    Business & Finance

    Huntington Ingalls Industries’ Ingalls Shipbuilding division has started fabrication on the U.S. Coast Guard’s sixth National Security Cutter (NSC), Munro (WMSL 755). “Our shipbuilders have a great jump start on the construction of this ship as we have already cut and processed more than 400 tons of steel for NSC 6,” said Jim French, Ingalls’ […]

  • Qiao Baoping Inspects China Longyuan Power’s Offshore Wind Farm

    12 December 2012
    Authorities & Government

    From December 5th to 6th, Qiao Baoping, secretary of the Party Leadership Group and deputy president of China Guodian Corporation came to make an investigation in Jiangsu Rudong Offshore Wind Farm. Mr. Qiao highly recognized the development of Longyuan’s offshore wind power as well as put forward his sincere hope. Xie Changjun, president and vice […]

  • GE Oil & Gas Buys Lufkin for $3.3 Bln

    2 July 2013

    GE Oil & Gas yesterday announced that it has completed its acquisition of Lufkin Industries, Inc., a leading provider of artificial lift technologies for the oil and gas industry and a manufacturer of industrial gears based in Lufkin, Texas, for approximately $3.3 billion. The move broadens GE Oil & Gas’ artificial lift capabilities with solutions […]

  • Sea Asia 2011 Ends – Record breaking 12,167 Participants (Singapore)

    14 April 2011

    Sea Asia 2011 ended on a high note this evening with a clutch of records broken at what is now confirmed as Asia’s leading maritime conference and exhibition. As Sea Asia closed at Marina Bay Sands Expo and Convention Centre in Singapore, it was revealed by the organisers that 12,167 people attended the three-day event […]

  • Airbus Helicopters: EC175 flight simulator ready for service

    9 July 2014
    Business & Finance, Equipment, Project & Tenders

    The first Level D full-flight simulator for Airbus Helicopters’ EC175 rotorcraft has received airworthiness certification from the European Aviation Safety Agency (EASA), enabling launch pilots to be trained with this high-fidelity system.

  • Subsea Engineering & Training Specialist Jee Ltd to Double Staff

    28 November 2013
    Equipment

    Independent subsea engineering and training company Jee Ltd yesterday announced the expansion of its Aberdeen office as part of the firm’s vision for strategic growth, with the potential of increasing staff numbers by 110% in Aberdeen city and Shire. The new ‘Subsea Corridor’ premises are more than double the size of the previous Westhill office, […]

  • Schilling Robotics Receives 2011 Spotlight on New Technology Award for its HD™ ROV (USA)

    22 March 2011
    Business & Finance, Equipment, Research & Development

      Schilling Robotics, LLC, experts in subsea systems, announced today that it has received a 2011 Spotlight on New Technology Award from the Offshore Technology Conference (OTC) for its new Heady-Duty (HD™) ROV. The honor, which recognizes innovative technologies that significantly impact offshore exploration and production, was awarded to Schilling for the HD’s technological advancements. […]

  • Europe Still Sick, Asia to Spearhead 2015 Economy

    8 October 2014
    Business & Finance

    Maersk held ‘The Future of Global Trade’ symposium at its headquarters in Copenhagen on Tuesday, October 7, 2014. Simon Baptist, Chief Economist and Asia Regional Director at The Economist addressed the state of the global economy, regional powerhouses, stagnating markets as well as future drivers of global growth. Referring to Europe as the “sick man” of the […]

  • Husky defers two offshore projects after taking an ax to capital spending

    13 March 2020
    Business & Finance, Project & Tenders

    Husky Energy has decided to cut its 2020 capital spending by $900 million in upstream spending and an additional $100 million in additional measures. 

  • Radius, Cyta Complete Commissioning of Poseidon Submarine Cable

    3 April 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Radius Oceanic Communications, Inc., and Cyta announced testing and commissioning are complete on the Poseidon submarine cable system, a fiber optic network built to serve the oil and gas and scientific markets in the Eastern Mediterranean. Radius and its regional telecom partner, Cyta have also completed work to establish dual landing facilities in Cyprus, and […]

  • Polarcus Improves in Q2

    8 August 2014
    Business & Finance, Operations & Maintenance

    Polarcus Limited, a pure play marine geophysical company with a pioneering environmental agenda, specializing in high-end towed streamer data acquisition, has released its second quarter 2014 financial statements. The Company recorded higher revenue per vessel and improved margins in Q2 2014 compared to Q1 2014, as the quarter saw an end to the downward trend […]

  • DNV GL: Wind Power to Aid Oil and Gas Industry

    20 May 2014
    Research & Development, Technology

    DNV GL studies suggest there are opportunities for a new generation of autonomous injection systems used to increase the reservoir pressure.  There are clear indications that such a wind-powered water injection system could reduce both CAPEX and OPEX and drive innovation of new technology. It could be installed without costly retro-fittings on the platform, provide […]

  • DNV GL Certifies OAT Osterholz Antriebs Technik’s Blade Pitch System

    11 March 2014
    Technology

    DNV GL today announced the component certification of a pitch system for blade pitch control system supplier OAT Osterholz Antriebs Technik GmbH.  DNV GL’s team of engineering and certification experts has been working closely with OAT Osterholz Antriebs Technik in endeavouring the technical certification, which is globally valid. The pitch system has been certified for […]

  • Shell: Q1 LNG Sales at 5.15 Million Tonnes, The Netherlands

    2 May 2013

    Shell said today in the company’s first quarter report that its equity LNG sales volumes of 5.15 million tonnes were broadly similar compared with the same quarter a year ago, reflecting the contribution from Pluto LNG, which was offset by lower volumes from Nigeria LNG due to reduced feedgas supply. The company’s underlying CCS earnings […]

  • Chinese Tidal Energy Industry Advancing

    7 November 2014

    Under the serious pressure of energy shortages and environmental pollution, China has formulated various strategy measures to accelerate the development of renewable energy technologies. Among them the medium and long-term China’s target, increasing the portion of renewable energy in the final primary energy consumption to 15 per cent by 2020, was set in Medium and […]

  • InterOil Net Profit Climbs (USA)

    19 March 2012

    InterOil Corporation today said that its 2011 net profit was $17.7 million compared with a net loss of $44.5 million for the same period in 2010. Fourth Quarter 2011 Highlights and Recent Developments • During the fourth quarter, InterOil completed two Heads of Agreements (HOA) on long-term LNG supply for its proposed LNG project in […]

  • SCM, Maersk Oil Sign Survey Contract (Denmark)

    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), […]

  • Navios Acquisition Secures USD 125m Loan

    10 November 2015
    Business & Finance

    Owner and operator of tanker vessels Navios Acquisition has entered into a term loan facility of up to USD 125 million with Deutsche Bank AG Filiale Deutschlandgeschäft and Skandinaviska Enskilda Banken AB to finance fleet additions. The company said that the loan will be used to finance the purchase price of the Nave Spherical, a 2009-built, 297,188 […]

  • 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 […]