5783 results found for 'matuku'

5783 results found for 'matuku'
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  • 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 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 […]

  • 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 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 […]

  • Petronas takes steps to unlock more hydrocarbons in Indonesian waters

    14 May 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Petronas has penned a new production sharing contract (PSC) and prolonged an existing one off the coast of Indonesia to assist the country in bringing more hydrocarbons to the surface.

  • Hands full for TGS in Africa

    23 July 2024
    Business & Finance, Business Developments & Projects, Collaboration, Project & Tenders

    Norway’s energy data and intelligence provider TGS has inked an agreement with Mauritania’s Ministry of Petroleum, Mines and Energy to integrate, enhance, and license additional subsurface data in the Islamic Republic of Mauritania.

  • With all approvals in the bag, Aker BP cleared to fast-track North Sea field development

    11 July 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    Norway’s Ministry of Petroleum and Energy has approved a plan for the development and operation for Aker BP’s field in the North Sea.

  • Two Samskip ships to use Value Maritime CO2 capture solution

    3 October 2022
    Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Outlook & Strategy, Transition, Vessels

    Dutch multimodal operator Samskip is making carbon capture a key part of its integrated plan for decarbonising shipping, after choosing the Value Maritime ‘Filtree’ gas cleaning solution for two of its containerships.

  • Ionada joins pilot project to develop onboard carbon capture system

    9 May 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Green Marine, Innovation, Outlook & Strategy, Research & Development, Transition, Vessels

    Exhaust gas cleaning systems manufacturer Ionada has joined the Green Shipping Programme, a public-private partnership that aims to advance the Norwegian government’s maritime strategies and plans. As a participant in the program, Ionada will work to develop a pilot onboard carbon capture system for the maritime industry using its innovative membrane technology. “We are excited to […]

  • RINA grants AiP for SDARI’s eco-friendly Aframax tanker design

    3 July 2024
    Certification & Classification, Vessels

    Italian classification society RINA has granted approval in principle (AiP) to Chinese ship design company SDARI for an eco-friendly Aframax tanker design.

  • Belgium and Norway looking into hybrid interconnector

    16 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    Belgian and Norwegian transmission system operators (TSOs) Elia and Statnett are investigating the economic and technical feasibility of a hybrid interconnector that would link the two countries. The subsea cable would link the high-voltage grids of the countries while also being connected to Norwegian offshore wind farms – making it a hybrid interconnector. The feasibility […]

  • Borr delays deliveries of five jack-up rigs as part of financial restructuring

    5 June 2020
    Business & Finance, Business Developments & Projects

    Borr Drilling has postponed deliveries of five jack-up rigs until mid-2022.

  • Malaysia: TRC Nabs Samalaju Port Deal

    13 June 2012

    Bintulu Port Holdings Bhd (BPHB) has awarded a RM193.9mil contract to Trans Resources Corp Sdn Bhd (TRC) for the construction of interim port facilities at the proposed Samalaju Port. TRC beat 10 other bidders for the job. BPHB chief executive officer Datuk Mior Ahmad Baiti Mior Lub Ahmad said the company would finance the contract […]

  • Valaris gets court approval for Chapter 11 plan, delays drillship deliveries

    4 March 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Rules & Regulation

    Valaris has obtained court approval for its Chapter 11 plan of reorganization and agreed with a shipyard to delay the delivery of two drillships.

  • UK partners join forces to advance green hydrogen production and distribution

    19 October 2021
    Business Developments & Projects, Collaboration, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Research & Development, Technology

    UK-based marine energy company Marine Power Systems (MPS) has joined forces with Marine2o to develop integrated solutions to support the production of green hydrogen from offshore renewable energy sources, using marine vessels to transport this energy vector to market.

  • BW Energy wins two blocks in core areas off Gabon

    11 October 2021
    Business & Finance, Business Developments & Projects, Exploration & Production

    BW Energy has been awarded two exploration blocks off Gabon, close to its Dussafu licence and within tie-back distance of existing infrastructure.

  • Vår Energi makes ‘significant’ discovery in Balder area

    21 June 2021
    Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders

    Oil and gas company Vår Energi has made a ‘significant’ discovery of oil and gas in the King and Prince exploration wells in the Balder area in the Southern North Sea offshore Norway.

  • Malin Group warns on wave and tidal energy future

    22 May 2020
    Authorities & Government, Business Developments & Projects, Market Outlooks, Research & Development, Technology

    Scottish engineering firm Malin Group has called on the UK and Scottish governments to create “crucial connections” which will determine the commercial future of wave and tidal stream energy. The call comes after two decades in which government incentives have failed to produce commercially viable projects, though trials involving various prototypes are continuing – particularly […]