5783 results found for 'matuku'

5783 results found for 'matuku'
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  • UK: Sustainable Marine Energy Opens Office on Isle of Wight

    31 May 2013

    Isle of Wight MP Andrew Turner has run up the flag to celebrate the arrival of innovative technology company Sustainable Marine Energy (SME) at its new offices and workshops at Trinity Wharf, East Cowes. The company has relocated from London because it believes the Isle of Wight has the right support and businesses to enable […]

  • NPD Expects Norwegian Shelf Investments to Rise

    14 January 2011
    Business & Finance

    The activity level on the Norwegian shelf is high, with investments expected to rise in the next few years. In spite of this, NPD sees that more than 50 per cent of the oil remains in the fields. This is a source of concern for the Norwegian Petroleum Directorate (NPD), which is now calling for […]

  • Statoil swings to profit in 1Q

    27 April 2016

    Norwegian oil giant Statoil returned to profit in the first quarter of 2016 as it managed to partly offset the effects of the low oil price environment with cost cuts and impairment reversals.  Statoil’s net profit for the quarter was $607 million, compared to a $4,578 million loss in the same quarter the year before. The […]

  • Statoil: Global Jigsaw Puzzle for Gudrun

    15 November 2012
    Business & Finance

    Norway’s oil giant Statoil today announced that the Gudrun platform deck arrived at Haugesund on Tuesday, after a month-long voyage from Thailand. The platform will now be assembled on land, with building blocks from three continents. Statoil is slated to deliver 2.5 million barrels of oil equivalents per day in 2020. Realising the project portfolio […]

  • Norway: Sevan Marine Seeking Ways to Avoid Bankruptcy

    11 July 2011
    Business & Finance

      The Board of Directors of Sevan Marine ASA continues to hold constructive dialogue with bondholders and other relevant parties regarding a global restructuring of the Company’s balance sheet. In particular, the Board is in dialogue with the advisors to Norsk Tillitsmann ASA (the bond trustee for the Company’s bond issues) and an informal group […]

  • Clarksons Platou Establishes Offshore Renewables Division

    10 May 2017
    Business & Finance, Operations & Maintenance

    Integrated shipping services provider Clarksons Platou has consolidated its renewables experts into a dedicated global division to provide ship broking, market intelligence and commercial services specifically to the offshore renewables market.

  • Norway: Framo Engineering Wins Gullfaks Gas Compression Contract

    12 April 2012
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Statoil has awarded Framo Engineering a contact for the design and construction of the Gullfaks subsea gas compression plant. Gullfaks may become one of the first installations worldwide to employ subsea gas compression. ”Subsea gas compression represents an important leap forward in the efforts to improve recovery and extend the producing life of several gas […]

  • Norway: Spring Energy Announces Discovery on Maria Prospect In PL 475BS

    22 July 2010

    Spring Energy announces further exploration success in the recently completed exploration well (6406/3-8T2) on the Maria prospect in PL 475BS, 15 km East of the Åsgard Field and 5 km Northeast of the Trestakk discovery. The objective of the well was to prove hydrocarbons in the early to middle Jurassic Formations (Garn, Ile and Tilje). […]

  • Navios Holdings Repaying Loan a Year Early

    2 November 2017
    Business & Finance

    Navios Holdings will fully prepay the loan facility entered into on September 19, 2016, with Navios Maritime Acquisition Corporation with a payment of USD 55.1 million in the fourth quarter of 2017, a year earlier than planned. The prepayment amount will consist of the USD 50.0 million drawn under the loan facility entered into with Navios Holdings and USD 5.1 million of accrued […]

  • Daewoo Building Dagny Topsides for $1.1 Bln

    18 February 2013

    Statoil and its partners Total and Det norske have awarded South Korea’s DSME a contract to build the topsides for the Dagny platform, with Aker Solutions as a major sub-contractor. The total contract value is estimated to NOK 6.1 billion (USD 1.1 Billion). Daewoo Shipbuilding & Marine Engineering (DSME) has been assigned to design and […]

  • Ireland: Providence Reports Successful Barryroe Appraisal

    27 February 2012

    Providence Resources P.l.c. provides an operational update on its ongoing well operations in the North Celtic Sea Basin, offshore southern Ireland. The 48/24-10z Barryroe appraisal well is located in c. 100 metre water depth, c. 50 kilometres offshore Ireland in Standard Exploration Licence (SEL) 1/11 in the North Celtic Sea Basin. Providence (80%) operates SEL […]

  • TAG Oil Acquires Offshore Exploration Acreage, Taranaki Basin, New Zealand

    16 December 2010
    Business & Finance

      Canadian listed, New Zealand oil and gas producer TAG Oil Ltd. , announced today that the Company has completed the acquisition of a 20% interest in offshore exploration Permit PEP 52181, which covers a 42,379-acre area in the main Taranaki oil and gas discovery fairway. PEP 52181, operated by a subsidiary of Australian-based Roc […]

  • Wood Mackenzie: Asian Oil Companies Need to Strive Towards Internationalisation

    19 April 2012

    The overall production outlook for Asian companies is relatively robust in the near-term but looking towards the longer-term, a continued shift by major Asian companies towards internationalisation and higher-risk resource themes will be crucial to production growth. Norman Valentine, Senior Corporate Analyst for Wood Mackenzie says, “Asian company portfolio value remains heavily inclined towards maturing […]

  • UK: Pelamis Choosen for ETI Wave Power Project

    27 February 2013
    Business & Finance, Operations & Maintenance

    Pelamis Wave Power has been awarded a £1.4m project from The Energy Technologies Institute (ETI) to fund development work to enhance the cost-effectiveness of wave energy converter arrays in UK waters. The funding will support the first phase of work this year ahead of a larger demonstration programme if the results prove encouraging. Gregory Barker, […]

  • Boost in oil reserves ahead of rig activity spotlights Angolan offshore block’s potential

    19 February 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Afentra has confirmed that hydrocarbon production from a block off the coast of Angola is offset by a growth in reserves based on the latest Competent Person’s Report (CPR) for Block 3/05, conducted by ERC Equipoise (ERCE).

  • Ambrey Risk to Work with Panamanian-Flagged Vessels

    13 November 2012
    Business & Finance

    Maritime Security specialist Ambrey Risk has been awarded accreditation to work with Panama-flagged vessels. The UK-based security company, which won a Herefordshire Chamber of Commerce award last month, became one of the first maritime security companies to be granted official accreditation from the Panama Maritime Authority, on 28th September 2012, sanctioning the services of armed […]

  • OGTC Highlights Successful First Year

    14 February 2018
    Business & Finance, Equipment, Research & Development

    The Oil & Gas Technology Centre has, in just 12 months, co-invested £37 million ($51 million) in more than 70 projects to develop and deploy new technology that could transform the future of the UK North Sea. With more than 80 memberships across five solution centres, the OGTC is bringing together oil and gas operators, […]

  • Seanergy Maritime Agrees Multiple Financing Deals in June

    4 July 2018
    Business & Finance

    Seanergy Maritime agreed multiple financing deals in June, including a new loan and a sale and leaseback transaction.

  • Danaos Still Feeling Consequences of Hanjin Demise

    1 August 2017
    Business & Finance

    Still affected by Hanjin bankruptcy, Athens-based containership owner Danaos Corporation recorded a net income of USD 20.2 million in the second quarter of 2017, considerably lower than a net income of USD 44.6 million posted in the same period last year.  The company’s operating revenues stood at USD 113.9 during the three-month period ended June […]

  • UK: 3sun Group Takes on 20 Apprentices

    31 October 2012

    3sun Group, a leading provider of products and services to the energy industry in the UK and internationally, has announced that it has taken on a record 20 apprentices. It is a major achievement for the company as it continues its efforts to train the workforce of tomorrow. The company is exhibiting at stand 189 […]

  • Healthy growth depends on an excellent business climate

    14 February 2014

    North Sea offshore markets continue to show a high level of activity. This is also the case for Vroon Offshore Services (VOS) B.V. in Den Helder: the company is expanding and its modern fleet is increasing. The company’s ambitious newbuilding programme, which will see six new vessels (four PSVs and two SSVs) delivered to 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 […]

  • 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 […]

  • Halliburton Establishes New Completion Technology and Manufacturing Center in Singapore

    18 March 2013
    Business & Finance, Research & Development

    Halliburton opened its newly constructed Completion Technology and Manufacturing Center in Singapore , significantly expanding the Company’s Completion Tools technology and manufacturing capacity. Completion Tools, a product service line in Halliburton’s Completion and Production division, enables customers to economically and efficiently complete their wells by providing the design, selection and provision of equipment and services […]

  • Norway Offers 65 Production Licences to 48 Companies

    21 January 2014

    Today, January 21st, the Norwegian government has sent offers to 48 companies for 65 new production licences on the Norwegian continental shelf. The offers are being issued after the authorities have evaluated applications from 50 companies in the Awards in Pre-defined Areas (APA) 2013.   Of the 65 production licences, 38 are located in the North Sea, […]