5783 results found for 'matuku'

5783 results found for 'matuku'
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  • Wave Energy Goes Online in Spain

    22 September 2011

    The world’s first commercial wave energy plant went online this summer and is supplying electricity to a town in northern Spain. Despite its high investment costs, it could serve as a model for other coastal regions.  The small Spanish coastal town of Mutriku doesn’t look like it would be home to a high-tech power plant. […]

  • Hess sinks deeper into the red over Norwegian assets impairments

    25 October 2017
    Business & Finance

    U.S. oil company Hess Corporation saw its net loss deepen during the third quarter of the year due to impairments related to its asset sale in Norway.  The company on Wednesday posted a net loss of $624 million for the third quarter 2017 compared with a net loss of $339 million in the third quarter of […]

  • Nordic Energy identifies 20 prospects in Denmark

    18 February 2014

    20 prospects and leads have now been identified, representing a significant increase from the 8 previously reported

  • Subsea UK: Industry Growth Demands More Employees

    27 June 2012
    Business & Finance

    The industry body which represents over 250 companies across the UK has revealed that 10,000 jobs could be created in the sector in the next 12 months. Following a survey, Subsea UK has found that almost one fifth of its membership will need over 2,000 people in the next 12 months to cope with the […]

  • Pancontinental Announces Completion of Nanaa 3D Seismic Survey Offshore Kenya

    22 March 2012
    Business & Finance, Operations & Maintenance

    Pancontinental Oil & Gas NL announces the completion of the Nanaa 3D seismic survey in area L8 offshore Kenya. The survey is additional to the earlier Mbawa 3D survey. Conducted by operator Apache Corporation on behalf of the L8 Joint Venture, the survey covers approximately 1,400 sq km in the southeast of the L8 area. […]

  • Providence Provides Update of its Operations Offshore Ireland

    27 February 2012
    Business & Finance, Operations & Maintenance

    Providence Resources P.l.c., the London (AIM) and Dublin (ESM) quoted oil and gas exploration and production company, 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 […]

  • BW kicks off drilling campaign on Dussafu Marin permit

    12 August 2019
    Exploration & Production

    BW Energy has started drilling an exploration well at the Hibiscus Updip prospect on its Dussafu Marin permit located offshore Gabon. 

  • Indonesia: Premier Oil to start output from BIG-P fields at 2019 end

    16 May 2019

    UK oil and gas firm Premier Oil expects to start producing gas from three fields in the Natuna Sea Block A offshore Indonesia at the end of 2019.

  • Polish oil company enters another North Sea field

    15 July 2019

    PGNiG Upstream Norway, a Norwegian subsidiary of the Polish state-owned oil company PGNiG, has acquired 20% shares in the Duva field – PL 636 and PL636B licenses – from Wellesley Petroleum.

  • Pacific Drilling emerges from bankruptcy

    20 November 2018
    Business & Finance

    Offshore driller Pacific Drilling and certain of its affiliated chapter 11 debtors have emerged from bankruptcy after successfully completing restructuring transactions pursuant to their chapter 11 plan of reorganization. 

  • 100 offshore projects could be sanctioned in 2018, Rystad Energy says

    3 May 2018
    Business & Finance

    A hundred offshore oil and gas projects might be sanctioned in 2018, up from 60 in 2017, and 40 in 2016, Rystad Energy, a Norway based energy intelligence group said on Thursday.

  • PGNiG, LOTOS complete first LNG bunkering in Szczecin

    5 November 2020
    Business Developments & Projects, Operations & Maintenance

    The Polish pair of PGNiG Obrót Detaliczny and LOTOS Asfalt have expanded their scope of cooperation with an LNG bunkering operation in Szczecin.

  • BP sells Alaska oilfields to Hilcorp

    23 April 2014
    Business & Finance

    BP today announced that it has agreed to sell interests in four BP-operated oilfields on the North Slope of Alaska to Hilcorp. The sale agreement includes all of BP’s interests in the Endicott and Northstar oilfields and a 50 percent interest in each of the Liberty and the Milne Point fields. The sale also includes […]

  • Singapore: Sembcorp Bags USD 560 mln Rig Order from Seadrill

    3 April 2012
    Business & Finance

    Sembcorp Marine’s subsidiary Jurong Shipyard has secured a US$568 million contract to build a harsh-environment ultra-deepwater semi-submersible rig from North Atlantic Drilling Limited, a 74 percent owned subsidiary of Seadrill Limited (“Seadrill”). The new rig will be constructed based on the Moss Maritime CS60 design – an enhancement of the Moss Maritime CS50E MKII harsh-environment […]

  • Norway: HitecVision Acquires Tampnet from Statoil

    7 July 2010
    Business & Finance

    Statoil and HitecVision have signed an agreement under which HitecVision will acquire Statoil’s subsidiary Tampnet AS. Tampnet operates a large high capacity communication network between offshore installations. Established by Statoil in 2001, Tampnet has since grown to serve 34 oil and gas fields and carrying traffic for over 60 platforms operated by a multitude of […]

  • Malaysia: Bright Future for Penang Port

    2 August 2012

    According to Bintulu Port official website, the Seaport Terminal Sdn Bhd wants to position Penang Port as a regional port to tap opportunities as far out as India and for that it plans to grow its capacity and invest nearly RM1bil in capital expenditure over the next five years. Over 30 years, the plan is […]

  • Three oil majors ink carbon storage pact in Norway

    2 October 2017

    Three oil majors, Statoil, Shell, and Total, on Monday signed a partnership agreement to mature the development of carbon storage on the Norwegian continental shelf (NCS). The project is part of the Norwegian authorities’ efforts to develop full-scale carbon capture and storage in Norway, Statoil noted on Monday. In June, Gassnova awarded Statoil the contract […]

  • Pyxis Tankers Stays in the Red

    11 August 2017
    Business & Finance

    Greece-based product tanker company Pyxis Tankers suffered a net loss of USD 0.8 million in the second quarter of this year, compared to a net income of USD 0.4 million seen in the same period in 2016. However, the company managed to narrow its loss from USD 1.7 million reported in the first quarter of […]

  • Seacat Services Deepens European Offshore Wind Deployment

    5 August 2013
    Business & Finance

    Seacat Services, the class leading offshore wind transfer vessel operator, has successfully completed workboat charters and crew transfer contracts while operating in three European flag states. The milestone marks the first time that a UK charter firm that solely operates DNV-class certified vessels, has under taken work in three different European nations. A feat that […]

  • Estonia: Port of Tallinn Buys Icebreaking Vessel MSV Botnica

    24 October 2012
    Business & Finance

    On Wednesday, the Port of Tallinn signed 50 million euro agreement with Finnish shipping company Arctia for the purchase of icebreaking vessel MSV Botnica. “We are planning to finance the purchase with a short-term loan from a commercial bank,” says Marko Raid, the CFO of Port of Tallinn. In longer term the Port of Tallinn […]

  • LR: Maritime decarbonization will require autonomous systems for viability in the future

    31 May 2024
    Automation, Market Outlooks, Transition

    The complex decarbonized systems of the future will require autonomous management systems for viable exploitation, speakers at the Automation Summit, part of Singapore Maritime Week, revealed.

  • ABS greenlights ammonia-fueled containership design by Seaspan and partners

    26 July 2023
    Business Developments & Projects, Certification & Classification, Green Marine, Infrastructure, Regulation & Policy, Research & Development, Vessels

    Seaspan Corporation and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS), in collaboration with Foreship, have received Approval in Principle (AiP) from classification society American Bureau of Shipping (ABS) for the design of a 15,000 TEU ammonia-powered containership. The certificate was presented at the MMMCZCS office in Copenhagen, Denmark, on 25 July. The […]

  • LR identifies stumbling blocks for widespread adoption of methanol as marine fuel

    18 July 2023
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Research & Development

    As the shipping industry is seeing increased interest in methanol as a marine fuel, a new report from Lloyd’s Register (LR) has found pricing, availability and carbon accounting to be the main obstacles to its widespread adoption. The report called “Fuel for Thought: Methanol” has identifed that the main challenges for the industry’s adoption of […]

  • Golar to separate its 8 TFDE LNG carriers into CoolCo

    16 December 2021
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    Bermuda-based LNG shipper Golar has entered into a pre-commitment agreement for the newly-formed firm Cool Company (CoolCo) to acquire its eight TFDE LNG carriers.

  • Equinor closes Veslefrikk chapter in readiness for decom ops

    22 February 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Operations & Maintenance, Project & Tenders, Regulation & Policy

    Equinor has shut down the Veslefrikk field, located in the North Sea, in preparation for the upcoming decommissioning activities.