5819 results found for 'matuku'

5819 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 […]

  • Equinor takes steps to deliver oil & gas from North Sea platform with fewer carbon emissions

    22 August 2023
    Business & Finance, Business Developments & Projects, Collaboration, Project & Tenders, Transition

    Equinor and its partners have decided to change their power solution at an offshore platform in the North Sea off Norway to cut emissions.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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. […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • Strengthened sanctions against Russia enter into force today

    12 September 2014

    The Council of the European Union on Thursday announced that strengthened EU sanctions against Russia, for its involvement in the Ukraine crisis, will enter into force upon the publication of the legal acts in the EU Official Journal on Friday. They include the following measures: Restrictions on Russia’s access to EU capital markets have been strengthened. […]

  • 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 […]

  • 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 […]

  • 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, […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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). […]