5752 results found for 'matuku'

5752 results found for 'matuku'
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  • Digital twin used on BP’s new Caspian platform as it moves into fabrication & commissioning stage

    11 November 2020
    Automation, Business & Finance, Business Developments & Projects, Exploration & Production, Innovation, IT & Software, Project & Tenders, Technology

    A joint venture work between KBR and Socar, which is undertaking the engineering design phase of the Azeri Central East platform, is now nearing completion.

  • DNV GL unites energy players on floating solar

    9 June 2020
    Business Developments & Projects, Collaboration, Innovation, Research & Development, Technology, Transition

    DNV GL has launched a joint industry project with 14 participants to develop the first recommended practice for floating solar power projects. The planned recommended practice will provide a commonly recognised standard based on a list of technical requirements for developing safe, reliable and sustainable floating solar projects. Floating solar power is a promising renewable […]

  • Conrad confirms Mako as one of largest gas fields ever discovered in West Natuna Basin

    26 May 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    An independent resources audit of the Conrad Petroleum-operated Mako gas field, located in the Duyung PSC offshore Indonesia, has confirmed a significant upgrade, showing that the Mako field is one of the largest gas fields ever discovered in the West Natuna Basin.

  • Petrofac to reduce its headcount by 20 pct in response to coronavirus crisis

    6 April 2020
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Petrofac is joining other providers in actions responding to the unprecedented market conditions. As a result, Petrofac will reduce its capex by 40%, reduce salaries across the company, and reduce its personnel by about 20%.

  • AET hands over 1st of three LNG-powered VLCCs to Shell

    28 August 2023
    Green Marine

    AET, a Singapore-based petroleum logistics unit of Malaysian energy logistics group MISC Berhad, has delivered its newest Very Large Crude Carrier (VLCC) powered by dual-fuel LNG engines on long-term charter to Shell Tankers (Singapore) Private Limited. It is the first of three crude tankers to be delivered by AET to Shell, which chartered the newbuilds […]

  • Halliburton to help Aker BP in accelerating digital transformation

    23 May 2022
    Business & Finance, Business Developments & Projects, Collaboration, IT & Software, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    Halliburton has joined forces with Aker BP to develop a next-generation intelligent system, aiming to evolve field development planning.

  • Empyrean eyes drilling ops for big prospect off China in 2024

    25 December 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Empyrean Energy is setting the stage to drill a high-impact prospect next year in Block 29/11 offshore China.

  • Fastnet Confirms Shanagarry Resource Potential (Ireland)

    10 April 2013
    Business & Finance, Operations & Maintenance, Research & Development

    Fastnet Oil & Gas plc the E&P company focused on near term exploration acreage in Morocco and the Celtic Sea, announced that an independent assessment of the Company’s prospective resources on licensing option 12/5 (“Shanagarry” or the “Licensing Option”) has been completed by SLR Consulting. Fastnet farmed-into the licence on 14 November 2012 and now […]

  • Norway: Floating Production Unit for Skrugard?

    27 December 2011
    Business & Finance

    Norway’s Statoil and its partners are considering developing the Skrugard discovery in the Barents Sea by means of a floating production unit with the additional capacity to process and transport from other prospects in the area. A feasibility study has identified a technical and commercial solution for the Skrugard field in the Barents Sea. The […]

  • Tap Oil Starts Acquisition of a Large 3D Seismic Survey Offshore Accra, Ghana

    10 January 2011
    Business & Finance

    Tap Oil Limited (“Tap”) commenced acquisition of a large 3D seismic survey in the Offshore Accra Contract Area, Ghana, on 9 January 2011. The survey has been brought forward in the exploration program because recent studies have highlighted additional potential in the deep water portion of the block which requires 3D data for maturation. Since […]

  • Statoil Submits PDO for Dagny Field (Norway)

    20 December 2012

    Statoil and the partners in the Dagny field in the North Sea today submitted the Plan for Development and Operation (PDO) to the Ministry of Petroleum and Energy. The development concept consists of a fixed platform to be tied in to the Sleipner field for gas export. The oil will be transported by tankers. The […]

  • USA: C-Innovation Continues with its ROV Fleet Expansion

    1 May 2011
    Business & Finance, Equipment

    Schilling Robotics, LLC, experts in subsea systems, announced  that C-Innovation has placed a contract for multiple ROV systems in support of their expanding international operations. This contract includes the supply of both HD™ and UHD™ work class ROV systems that will be deployed globally, including Brazil and Singapore. This continued expansion of C-Innovation’s ROV fleet […]

  • Providence Resources: Barryroe Holds 346 MMBOE (Ireland)

    5 April 2013

    Providence Resources P.l.c., (‘Providence’) the Irish oil and gas exploration and development company, whose shares are quoted in London (AIM) and Dublin (ESM), has provide a resource update on the Barryroe oil field in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Barryroe on behalf of its partner Lansdowne Oil and Gas plc […]

  • Malaysia Celebrates 100th Active PSC

    12 December 2013
    Business & Finance

    Malaysia now has 100 active production sharing contracts (PSCs), a significant achievement and milestone in the country’s oil and gas upstream operation, following the award by PETRONAS of its latest PSC on 11 December.   The PSC, awarded to Salamander Energy Malaysia Limited and PETRONAS Carigali Sdn Bhd (PCSB), was for Block PM322, which is […]

  • Norway: Aker Solutions and Statoil Ink USD 1.9 bln Cat-B Well Intervention Deal

    17 April 2012
    Business & Finance, Operations & Maintenance, Research & Development

    Statoil is awarding Aker Solutions a contract for hiring of an entirely new type of rig which represents an important technological advance for the industry. The category B rig will be an important contribution towards increasing recovery from existing fields. Development of technology for increasing the recovery from operating fields is an area of commitment […]

  • Oil director: Norwegian shelf well-equipped to weather tough times

    15 January 2015
    Project & Tenders

    Norwegian Petroleum Directorate has today issued a statement saying that high costs and weaker oil prices could drive necessary readjustments that will strengthen the petroleum industry over the long-term. Significant remaining resources on the Norwegian shelf provide a basis for continued value creation and a high activity level for many years to come, the NPD […]

  • SBM Offshore allocates $240M for potential bribery settlement

    7 August 2014

    SBM Offshore, the world’s largest provider of floating production storage and offloading units, has set aside $240 million it may have to give away in a potential bribery settlement case. The company has been accused of bribery and improper sales practices involving third parties in Angola, Equatorial Guinea and Brazil. SBM Offshore, which in 2012 initiated an […]

  • Oil & Gas UK welcomes two operator representatives to its board

    11 June 2014
    Business & Finance

    Oil & Gas UK, the representative organisation for the UK offshore oil and gas industry, has officially confirmed the appointment of two operator representatives to its Board. Effective immediately, Glen Cayley, upstream director, Shell UK Limited, is appointed as vice chairman of the organisation, representing the operator community. In addition, Colette Cohen, senior vice-president for […]

  • Sterling enters Block C-10 offshore Mauritania

    3 June 2015
    Business & Finance

    Sterling Energy plc, a London based oil and gas exploration company, has signed a sale and purchase agreement with Tullow Mauritania Limited (Tullow) to acquire a 13.5% interest in the Production Sharing Contract for Block C-10 (the PSC), located offshore in the Islamic Republic of Mauritania (the SPA). According to Sterling, the acquisition was done […]

  • Chariot Identifies Resource Potential Offshore Namibia

    9 September 2013
    Business & Finance, Project & Tenders

    Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, provides an update on selected results from an independent audit by Netherland Sewell and Associates Inc (“NSAI”) of the prospective resource potential of the Central Area blocks (2312 A&B and the northern halves of 2412 A&B) in offshore Namibia (90% Chariot […]

  • Eni Selects Ca Ngu Prospect for Drilling (Vietnam)

    5 September 2013
    Business & Finance

    Eni S.p.A., an Italian multinational oil and gas company, has selected the Ca Ngu prospect, offshore Vietnam, for drilling and Petrovietnam has approved the well location. The Ca Ngu prospect was identified by the 500km2 3D seismic programme, completed in mid 2012. The primary objectives are clastic reservoirs of Pliocene age, and the underlying carbonate reservoir of Miocene age. The high quality 3D seismic […]

  • ConocoPhillips 2Q Adjusted Earnings at $1.8 Billion

    1 August 2013
    Business & Finance

    ConocoPhillips today reported second-quarter 2013 earnings of $2.1 billion, or $1.65 per share, compared with second-quarter 2012 earnings of $2.3 billion, or $1.80 per share. Second-quarter 2012 reported earnings included $0.5 billion from downstream operations prior to the separation of Phillips 66 on April 30, 2012. Excluding special items, second-quarter 2013 adjusted earnings were $1.8 […]

  • C-Innovation Expands ROV Fleet With Schilling ROVs (USA)

    29 April 2011
    Business & Finance, Operations & Maintenance

    Schilling Robotics, LLC, experts in subsea systems, announced that C-Innovation has placed a contract for multiple ROV systems in support of their expanding international operations. This contract includes the supply of both HD™ and UHD™ work class ROV systems that will be deployed globally, including Brazil and Singapore. This continued expansion of C-Innovation’s ROV fleet […]

  • DCNS Targets Strengthened Research Capacity

    19 July 2013

    Innovation has been flowing through the veins of the DCNS Group since its creation in the mid-17th century. Some of its technology breakthroughs – furtive frigate, first automatic deck landing of a drone on a cruising frigate, first land-based prototype for the production of ocean thermal energy – have more recently marked the industry’s history. […]

  • InterOil 4Q Profit at USD 18.5 Mln (PNG)

    28 February 2013

    InterOil Corporation announced financial and operating results for the fourth quarter and full year ended December 31, 2012. Year End 2012 Highlights and Recent Developments During the year, InterOil drilled both the Triceratops-2 and Antelope-3 wells to total depth and completed initial logging and testing. The Triceratops-2 well established the Triceratops field as the third […]