5694 results found for 'matuku'

5694 results found for 'matuku'
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  • Malin Group warns on wave and tidal energy future

    22 May 2020
    Authorities & Government, Business Developments & Projects, Market Outlooks, Research & Development, Technology

    Scottish engineering firm Malin Group has called on the UK and Scottish governments to create “crucial connections” which will determine the commercial future of wave and tidal stream energy. The call comes after two decades in which government incentives have failed to produce commercially viable projects, though trials involving various prototypes are continuing – particularly […]

  • Canada Commits to Tidal Energy Sector with $30M Boost

    21 September 2018
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Canadian government is investing CA$29.8 million in support of Halagonia Tidal Energy’s $117-million marine renewable energy project which aims to provide 9MW of clean electricity to Nova Scotia. The project should cut pollution from power generation in Nova Scotia, which currently relies on fossil fuels for a large portion of its electricity needs, and create […]

  • Wintershall Ups Maria Appraisal

    18 December 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Wintershall has announced higher recoverable resource estimates for its operated Maria Field. Following intensive internal studies, Germany’s largest internationally active oil and gas producer now estimates that the planned technical recoverable resources will reach about 180 million barrels of oil equivalent (boe). This means that the estimate has increased by about 40 million boe. The new […]

  • Vard Down on Forex, Aims to Streamline Cost Structure

    13 May 2015
    Business & Finance, Operations & Maintenance

    Shipbuilder and designer of offshore and specialised vessels, Vard Holdings has seen its profits slip into the red on unrealized foreign exchange losses, despite increase in turnover. Vard generated revenues of NOK 3.06 billion for the first quarter of 2015, up from NOK 2.67 billion in the corresponding period of 2014. The increase in revenues is […]

  • Belgium and Norway looking into hybrid interconnector

    16 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    Belgian and Norwegian transmission system operators (TSOs) Elia and Statnett are investigating the economic and technical feasibility of a hybrid interconnector that would link the two countries. The subsea cable would link the high-voltage grids of the countries while also being connected to Norwegian offshore wind farms – making it a hybrid interconnector. The feasibility […]

  • Samsung Heavy wins design approval for liquefied hydrogen carrier

    8 September 2022
    Green Marine, Transition, Vessels

    South Korean shipbuilding major Samsung Heavy Industries (SHI) has received ABS approval in principle (AIP) for the design of a 20,000 cbm liquefied hydrogen carrier. The AIP, which was presented at the Gastech conference, is the culmination of a joint development project (JDP) to review and prove various elements of the vessel design including Type […]

  • Two Samskip ships to use Value Maritime CO2 capture solution

    3 October 2022
    Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Outlook & Strategy, Transition, Vessels

    Dutch multimodal operator Samskip is making carbon capture a key part of its integrated plan for decarbonising shipping, after choosing the Value Maritime ‘Filtree’ gas cleaning solution for two of its containerships.

  • With all approvals in the bag, Aker BP cleared to fast-track North Sea field development

    11 July 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    Norway’s Ministry of Petroleum and Energy has approved a plan for the development and operation for Aker BP’s field in the North Sea.

  • Ionada joins pilot project to develop onboard carbon capture system

    9 May 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Green Marine, Innovation, Outlook & Strategy, Research & Development, Transition, Vessels

    Exhaust gas cleaning systems manufacturer Ionada has joined the Green Shipping Programme, a public-private partnership that aims to advance the Norwegian government’s maritime strategies and plans. As a participant in the program, Ionada will work to develop a pilot onboard carbon capture system for the maritime industry using its innovative membrane technology. “We are excited to […]

  • Norway must explore and discover more to maintain production, report says

    21 June 2018

    Production of oil and gas in Norway will increase going forward but new and larger discoveries have to be made in order to maintain the same level after the mid-2020s.

  • Creditors vote in favor of Premier’s North Sea deal despite objections

    12 February 2020
    Business & Finance

    Premier Oil has gained approval from the majority of its creditors for the schemes of arrangement required for the acquisition of North Sea assets from BP and Dana Gas. The schemes still remain subject to a court approval.

  • Shareholders approve TGS, Spectrum merger

    24 June 2019

    Norwegian seismic companies TGS-NOPEC and Spectrum are expected to complete their previously proposed merger in the third quarter of 2019.

  • Equinor’s Verbier appraisal well disappoints

    3 April 2019
    Exploration & Production

    Equinor has hit a duster a UK North Sea well aimed at appraising the Verbier discovery, leading to a downgrade of resource estimate.

  • Eni books higher profit, eyes production growth in 2019

    24 April 2019
    Business & Finance

    Eni saw an increase in its first quarter 2019 net profit when compared to the last year’s performance. In 2019, Eni expects its production to grow fueled by ramp-up at new fields. 

  • Shell sells North Sea assets to Malaysian pair

    6 August 2015

    Anglo/Dutch oil giant Shell has reached an agreement to sell a batch of its North Sea oil fields to a pair of Malaysian oil and gas companies. The companies Ping Petroleum Limited and Hibiscus Petroleum Berhad will each acquire 50% of the entire interests of Shell UK Ltd, Shell EP Offshore Ventures Limited and Esso Exploration and Production UK Limited […]

  • Chariot preparing for drilling program offshore Namibia

    5 June 2017
    Project & Tenders

    UK-based Chariot Oil & Gas has identified five structural prospects on two blocks offshore Namibia and is preparing for a drilling program on this acreage.  Chariot holds a 65% interest and operatorship in Blocks 2312 and 2412A (the Central Blocks) in partnership with AziNam with 20% interest, and NAMCOR and a local partner Ignitus Oil & […]

  • Palfinger Expands through Double Acquisition

    28 November 2013

    The PALFINGER Group finalized the contracts for two acquisitions. The majority takeovers of Palfinger systems GmbH and the Megarme Group will expand PALFINGER’s portfolio for the shipping and offshore industries as the Group will henceforth provide access and working systems meeting the special demands of these sectors. Moreover, through Megarme, PALFINGER will acquire its first […]

  • Cairn Acquires Interest in Chariot’s Block Offshore Mauritania

    8 August 2013

    Cairn has entered into a farm in agreement with Chariot Oil & Gas  for a 35% non-operated interest in an exploration block offshore Mauritania in West Africa. The block (C19), which is currently held by Chariot (90% and Operator) and the Mauritanian state company “SociétéMauritanienne des Hydrocarbures” (SMH) (10%), comprises 12,175 km2 in water depths […]

  • OMV wraps up Wisting appraisal well

    6 April 2016
    Exploration & Production, Project & Tenders

    OMV Norge, operator of production licence 537, is in the process of completing the drilling of appraisal well 7324/7-3 S on the 7324/8-1 (Wisting) oil discovery, located in the Barents Sea.  The well was drilled about 310 km north of Hammerfest by Transocean Spitsbergen semi-submersible drilling rig. The discovery was proven in reservoir rocks from the […]

  • Deloitte: Infrastructure deals brewing in UK North Sea

    8 June 2016

    The North Sea will see a rise in infrastructure deals this year, with private equity funds playing an increasing role in midstream assets, according to business advisory firm Deloitte. Against the backdrop of a low oil price, more oil and gas companies are looking to rationalize their portfolios and divest non-core assets in the UK […]

  • Research: Oilfield services sector to see surge in M&A. North Sea to rebound

    25 January 2016

    A desire to capitalise on distressed situations, grow international market share and acquire new technology will drive a surge in M&A activity in the global oilfield services sector during 2016, according to a new research from international law firm Pinsent Masons. The survey of 200 senior executives across the oilfield services industry has revealed that […]

  • Norway offers 56 offshore licences. Oil firms show great interest in Norwegian Sea

    19 January 2016

    Norwegian Ministry of Petroleum and Energy has offered 56 exploration licenses on the Norwegian Continental Shelf (NCS) in its latest licencing round.   The Awards in Pre-defined Areas 2015 (APA 2015) licensing round opened in April 2015 and a deadline for application was September 2, 2015. The offers are being issued following the authorities’ assessment of applications from 43 […]

  • Norway: Power from Mainland for Hild and Luno Felds?

    20 January 2012
    Business & Finance

    Minister of Petroleum and Energy Ola Borten Moe received the Plans for development and operation (PDO) for the oil and gas discoveries Hild and Luno Thursday. Total is the operator of the Hild development, and Lundin is the operator of Luno. – Through these developments, two new companies will become operators of independent fields and […]

  • Palfinger Expands Its Business through Two Acquisitions

    28 November 2013
    Business & Finance

    The PALFINGER Group finalized the contracts for two acquisitions. The majority takeovers of Palfinger systems GmbH and the Megarme Group will expand PALFINGER’s portfolio for the shipping and offshore industries as the Group will henceforth provide access and working systems meeting the special demands of these sectors. Moreover, through Megarme, PALFINGER will acquire its first […]

  • Industry, Academia Join to Study Long Island’s Offshore Wind Resources

    25 September 2014
    Research & Development

    Deepwater Wind has announced a collaborative study of Long Island’s offshore wind resources with Stony Brook University (SBU), New York’s top-ranked public university, and AWS Truepower (AWS), an Albany, N.Y.-based renewable energy consultant.  Already underway, this collaboration will provide SBU with tools and resources that will strengthen its research in the growing renewable energy industry […]