5783 results found for 'matuku'

5783 results found for 'matuku'
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  • As Shell divests its stake in Norway’s ‘largest undeveloped gas discovery,’ Equinor snaps it up

    14 December 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Shell is in the process of selling its interest in a giant gas discovery on the Norwegian Continental Shelf (NCS) to Equinor.

  • Equinor and Vår Energi leave Barents Blue ammonia project as new partner joins

    1 February 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Infrastructure, Outlook & Strategy

    Norwegian energy companies Equinor and Vår Energi are withdrawing from the Horisont Energi-operated Barents Blue project, also known as Europe’s first large-scale blue ammonia production facility. Equinor and Vår Energi decided to leave the project as the cooperation agreement expired on 31 January. The companies joined the Barents Blue collaboration project in 2021. The Barents […]

  • Two Norwegian players to slice up MOL’s stake in two North Sea discoveries

    6 July 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy

    After deciding to buy MOL’s stake in two North Sea licences, Lime has inked a farm-down deal with Vår Energi for a portion of this stake.

  • Orcadian pursuing approval of North Sea field development plan

    13 June 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Rules & Regulation

    Orcadian Energy has submitted a draft field development plan for the Pilot oilfield located in the UK North Sea to the NSTA.

  • BV and partners to study feasibility of CCS units on existing ships

    1 August 2022
    Business Developments & Projects, Carbon Capture Usage & Storage, Research & Development

    French classification society Bureau Veritas (BV) has entered into a cooperation agreement with Hong Kong-based shipowner Wah Kwong and Shanghai Qiyao Environmental Technolgy, a subsidiary of Shanghai Marine Diesel Engine Research Institute, for the feasibility study on installing carbon capture and storage (CCS) units on ships. Under the agreement, the parties will look into the […]

  • Brazil’s ex-petroleum secretary takes CEO role at Petrobras for one year

    15 April 2022
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Petrobras has revealed the appointment of a new CEO, which has been chosen to spearhead the company for a year.

  • 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, […]

  • EnQuest widens its Southeast Asian horizons with more oil & gas assets

    10 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    EnQuest, a London Stock Exchange-listed energy firm, has expanded its oil and gas footprint with the acquisition of Harbour Energy’s Vietnam business, which consists of three producing oil and gas fields.

  • 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.

  • 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 […]