5819 results found for 'matuku'

5819 results found for 'matuku'
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  • Oil & Gas UK: Budget lays foundation for North Sea regeneration

    18 March 2015

    Oil & Gas UK has welcomed the Chancellor’s decisive move to restructure the North Sea tax regime to promote investment in the nation’s “vital and considerable remaining oil and gas resource”.  The UK will continue to rely on oil and gas for the majority of its energy supply for many decades to come so this […]

  • Navios Holdings Sees Red Ink

    25 May 2017
    Business & Finance

    Greek shipping firm Navios Maritime Holdings widened its net loss in the first quarter of 2017, reaching USD 48.7 million, compared to a net loss of USD 7.5 million posted in the same period a year earlier. In the three month period ended March 31, 2017, the company’s revenue dropped to USD 95.3 million from […]

  • 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.

  • 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 […]

  • 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.

  • 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. 

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 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.

  • 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.

  • 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 […]

  • 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.

  • Malaysia: Shell, Petronas Sign Two New Contracts to Explore Off Sarawak

    13 April 2012

    Shell Malaysia upstream operating company Sarawak Shell Berhad and partner PETRONAS Carigali Sdn Bhd signed 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 over 100 years and […]

  • 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 […]

  • Westwood: North Sea outlook becoming more positive

    30 May 2017

    Six of the offshore exploration wells that are set to drill in the UK in 2017 have an average pre-drill prospect volume of over 100 million barrels of oil equivalent (mmboe). Does this signal a renaissance for UK exploration or are explorers being overly optimistic when the average commercial discovery size has been only 18 […]