5753 results found for 'matuku'

5753 results found for 'matuku'
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  • 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.

  • 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.

  • 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 […]

  • 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.

  • 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 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.

  • 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 […]

  • Shell, Petronas Ink Two PSCs for Acreage Offshore Sarawak, Malaysia

    13 April 2012
    Business & Finance

    Shell Malaysia upstream operating company Sarawak Shell Berhad and partner PETRONAS Carigali Sdn Bhd yesterday announced the signing of two new exploration and production sharing contracts (PSCs) with PETRONAS. The contracts represent new Malaysian acreage for the multinational. Andrew Brown, Royal Dutch Shell’s Upstream International Director commented, ”Shell has been doing business in Malaysia for […]

  • 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 […]

  • 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 […]

  • Investments in UK Upstream O&G Sector to Double in 2011, Wood Mackenzie Says

    21 January 2011
    Business & Finance

    Wood Mackenzie’s latest analysis of the UK upstream oil and gas industry finds that the steady recovery seen in 2010 will continue in 2011. Returning confidence will see capital investment nearly double from £4.4 billion in 2010 to £7.7 billion ($12.3 billion) in 2011, leading to a temporary halt in the UK’s historic decline in […]

  • Statoil Highly Active Offshore Norway in 2010

    14 December 2010
    Business & Finance, Project & Tenders

    In 2010 Statoil started production on three new fields, delivered a plan for development and operation (PDO) of two new fields and chose concepts for two of our main improved recovery projects. Statoil’s strategy is to maximise the value on the Norwegian continental shelf (NCS), and its goal is to maintain the current production level […]

  • Navios Partners Delivers Profit in Q3

    15 November 2017
    Business & Finance

    Greek owner and operator of dry bulk and container vessels Navios Maritime Partners closed the third quarter of this year with a net income of USD 9.2 million, recovering from a net loss of USD 33.9 million reported in the same period a year earlier.  EBITDA for the three-month period was USD 41 million, against an […]

  • 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 […]

  • Transpacific Lines Push for Rate Hike

    5 February 2015
    Business & Finance

    Cargo demand for Asian containerized imports has remained strong through the typically slower winter season and heading into the Lunar New Year holidays, according to container line data collected by the Transpacific Stabilization Agreement (TSA). TSA lines said that the current environment has encouraged them to move ahead with revenue improvement measures which they say […]

  • Malaysia Completes First LNG Import Terminal

    5 June 2012

    Malaysia’s first liquefied natural gas (LNG) re-gasification facility, developed by PETRONAS’ gas processing and transmission arm PETRONAS Gas Berhad (PGB), has reached its mechanical completion. To mark this important industry milestone, Prime Minister Dato’ Sri Mohd Najib Tun Razak and Melaka Chief Minister Datuk Seri Mohd Ali Rustam today officially launched the facility in conjunction with the […]

  • Wheelhouse puts stress on UK post-CfD2 asking fairer system

    18 September 2017
    Authorities & Government, Business & Finance, Environment, Research & Development, Technology

    In the aftermath of the CfD2 allocation round, Scotland’s Minister for Business, Innovation and Energy Paul Wheelhouse said the pressure on the UK government to commit to a fairer system for emerging technologies will be continued.

  • Gallery: UK Marine Energy Conference wrap-up

    11 July 2016
    Business & Finance

    The first UK Marine Energy Conference brought the leaders of the UK marine energy to Glasgow on July 5, 2016, acting as a forum for industry leaders to discuss the reasons and ways in which to accelerate the progress of marine energy sector.

  • EWEA 2013: ‘What Does the Economic Crisis Mean for the Wind Industry?’ (Austria)

    7 February 2013
    Business & Finance

    The wind industry is facing tough times, as many industries in the ongoing economic crisis are, but what do industry leaders think are the consequences of this difficult period? The question of whether or not consolidation is or will be taking place in wind energy was key for the six CEOs sitting on the high-level […]

  • Wintershall ups Maria Field recoverable resources estimate

    19 December 2014

    German oil and gas producer Wintershall has announced updated, higher recoverable resource estimates for its operated Maria Field.  Following intensive internal studies, Wintershall now estimates that the planned technical recoverable resources will reach about 180 million barrels of oil equivalent (boe). The updated estimate comes ahead of the company’s submission of its “Impact Assessment” as part of […]

  • UK: Seacat Services Deepens European Offshore Wind Deployment

    5 August 2013

    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 […]