5753 results found for 'matuku'

5753 results found for 'matuku'
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  • Woodside 2013 Profit at USD 1.749 Billion

    19 February 2014

    LNG player Woodside said strong production from its base business helped the company achieve a net profit after tax (NPAT) of US$1.749 billion in 2013. This profit result was underpinned by record annual production of 87 million barrels of oil equivalent (MMboe), up 2.5% on the previous year (84.9 MMboe) and supported by a full […]

  • Canada: Westport Q3 Profit Jumps

    31 October 2013

    Westport Innovations reported financial results for the third quarter ended September 30, 2013 and provided an update on operations.  Highlights include: Westport revenue, excluding joint ventures’ revenues, for the quarter ended September 30, 2013 was $46.5 million compared with $30.7 million for the same period last year, an increase of 51%. Westport revenue, excluding joint […]

  • Polskie LNG: Roof Concreting on First Tank Starts

    20 December 2012

    On December 20th 2012, an extremely difficult and complicated operation of concreting the first tank’s roof has been started at the construction site of Swinoujscie liquefied natural gas (LNG) receiving terminal. Covering the roof with concrete is a continuous operation and will take approximately 48 hours. All work is performed over 40 meters above the […]

  • MUA: Energy Minister Holding First Australian Offshore Wind Project Back

    21 February 2019
    Authorities & Government

    Development of Australia’s first offshore wind farm, the 2GW Star of the South, has been stalled by Energy Minister Angus Taylor’s failure to sign off on an exploration license allowing a detailed assessment of the wind resource to commence, according to the Maritime Union of Australia (MUA). The Department of the Environment and Energy confirmed […]

  • Petronas’ quest to fortify Malaysia’s oil & gas pinpoints 34 contractors for well engineering activities

    28 October 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Regulation & Policy

    Petronas has launched two initiatives through Malaysia Petroleum Management (MPM) to strengthen the country’s oil and gas sector and ensure an optimal and sustainable supply of oil and gas to boost energy security.

  • Hands full for TGS in Africa

    23 July 2024
    Business & Finance, Business Developments & Projects, Collaboration, Project & Tenders

    Norway’s energy data and intelligence provider TGS has inked an agreement with Mauritania’s Ministry of Petroleum, Mines and Energy to integrate, enhance, and license additional subsurface data in the Islamic Republic of Mauritania.

  • Valaris gets court approval for Chapter 11 plan, delays drillship deliveries

    4 March 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Rules & Regulation

    Valaris has obtained court approval for its Chapter 11 plan of reorganization and agreed with a shipyard to delay the delivery of two drillships.

  • Lundin: Edvard Grieg reserves increased by 50 million barrels of oil equivalent

    29 September 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Lundin Energy has said that the Edvard Grieg field reserves have been increased by 50 million barrels of oil equivalent and plateau production extended to late 2023.

  • UK partners join forces to advance green hydrogen production and distribution

    19 October 2021
    Business Developments & Projects, Collaboration, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Research & Development, Technology

    UK-based marine energy company Marine Power Systems (MPS) has joined forces with Marine2o to develop integrated solutions to support the production of green hydrogen from offshore renewable energy sources, using marine vessels to transport this energy vector to market.

  • BW Energy wins two blocks in core areas off Gabon

    11 October 2021
    Business & Finance, Business Developments & Projects, Exploration & Production

    BW Energy has been awarded two exploration blocks off Gabon, close to its Dussafu licence and within tie-back distance of existing infrastructure.

  • Vår Energi makes ‘significant’ discovery in Balder area

    21 June 2021
    Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders

    Oil and gas company Vår Energi has made a ‘significant’ discovery of oil and gas in the King and Prince exploration wells in the Balder area in the Southern North Sea offshore Norway.

  • Petronas takes steps to unlock more hydrocarbons in Indonesian waters

    14 May 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Petronas has penned a new production sharing contract (PSC) and prolonged an existing one off the coast of Indonesia to assist the country in bringing more hydrocarbons to the surface.

  • RINA grants AiP for SDARI’s eco-friendly Aframax tanker design

    3 July 2024
    Certification & Classification, Vessels

    Italian classification society RINA has granted approval in principle (AiP) to Chinese ship design company SDARI for an eco-friendly Aframax tanker design.

  • Borr delays deliveries of five jack-up rigs as part of financial restructuring

    5 June 2020
    Business & Finance, Business Developments & Projects

    Borr Drilling has postponed deliveries of five jack-up rigs until mid-2022.

  • Malaysia: TRC Nabs Samalaju Port Deal

    13 June 2012

    Bintulu Port Holdings Bhd (BPHB) has awarded a RM193.9mil contract to Trans Resources Corp Sdn Bhd (TRC) for the construction of interim port facilities at the proposed Samalaju Port. TRC beat 10 other bidders for the job. BPHB chief executive officer Datuk Mior Ahmad Baiti Mior Lub Ahmad said the company would finance the contract […]

  • 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.