5783 results found for 'matuku'

5783 results found for 'matuku'
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  • Floating LNG power barges to provide greener energy to Greek islands

    17 January 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Green Marine, Outlook & Strategy, Vessels

    London-based design and engineering consultancy Houlder has teamed up with Athens-based integrated energy solutions provider Blue Sea Power on gas-to-power projects. Specifically, the companies are collaborating to develop three innovative floating LNG-to-power barges (FSRPs). The FSRP barges, which are set to be operational by 2025, are expected to provide greener, lower emission baseload and peak […]

  • TECO 2030 & Yokogawa ally on use of H2 fuel cells in industrial applications

    1 November 2023
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development, Technology

    Norway’s cleantech company TECO 2030 and Japan’s electrical engineering and software company Yokogawa Electric Corporation have signed a strategic partnership and investment agreement regarding the development of technology for utilizing hydrogen fuel cells in industrial applications. Under the agreement, Yokogawa Electric has invested in TECO 2030 by way of acquiring treasury shares, and the two […]

  • Fugro delivers on mid-term targets with offshore wind activities leading the way

    27 July 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vision

    Fugro has reported a revenue of over €1 billion for the first half of 2023, representing a 24.1% growth from €833 million in the first half of 2022, said to be due to continued high client demand in energy markets, in particular for offshore wind site characterization solutions and related nearshore activities. In 1H 2023, […]

  • EU-Catalyst Partnership to back Ørsted’s FlagshipONE e-methanol project

    4 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Project & Tenders

    Danish energy company Ørsted has secured support from the EU-Catalyst Partnership, which consists of the European Commission (EC), Breakthrough Energy Catalyst, and the European Investment Bank (EIB), for its FlagshipONE project, also known as Europe’s largest e-methanol plant. On December 1, at COP28, Ørsted announced the support that will see Breakthrough Energy Catalyst acquire a […]

  • Yinson Production puts $1.3 billion financing in place for Angola-bound FPSO

    3 May 2024
    Business & Finance, Business Developments & Projects

    Yinson Production has secured a limited recourse term loan facility of up to $1.3 billion for the pre-and post-delivery financing of an FPSO.

  • Stolt-Nielsen to scrap scrubber retrofits where possible to cut costs

    17 April 2020
    Business & Finance

    Oslo-listed shipowner Stolt-Nielsen is looking for ways to cut expenditures during the pandemic and is planning to cancel scrubber retrofits on its tankers where it is possible, the company’s CEO Niels Stolt-Nielsen said. As such, the chemical carrier and tank terminal owner has identified up to $30 million in Capex savings in the tanker sector. “The […]

  • Canada awards C$30 million for 9MW tidal energy scheme

    21 September 2018
    Authorities & Government, Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology

    The government of Canada has allocated C$29.8 million to DP Energy company Halagonia Tidal Energy to develop a nine-megawatt tidal power project in Nova Scotia that will combine both floating and submerged turbine technology.

  • Teekay Corp Narrows Loss amid Stronger LNG, Crude Tanker Markets

    21 February 2019
    Business & Finance

    Teekay Corporation ended 2018 with a net loss of USD 57.7 million, compared to USD 529.1 million reported a year earlier.

  • Wood Mackenzie: Norway 5th in the World by Upstream Development Expenditure

    29 August 2012

    Wood Mackenzie estimates that upstream development expenditure in Norway will increase to US$25billion in 2012 – a rise of over 30% compared with 2011 – ranking it fifth in the world behind the US, Russia, Canada and Australia. Furthermore, development capex is estimated to reach almost US$30 billion in 2015, ensuring Norway remains a top […]

  • Murphy cuts spending by $500 million amid oil price volatility

    12 March 2020
    Business & Finance

    U.S. oil and gas company Murphy Oil has revised its capital spending plans for 2020 given current market conditions and recent commodity price volatility.

  • SEP and SSE Raise GBP 95 Million for Green Energy Investments (UK)

    12 January 2012
    Business & Finance

    Scottish Equity Partners (SEP) has raised a new £95 million fund to invest in innovative green energy businesses in a deal involving the acquisition of a portfolio of clean energy assets from SSE Ventures, the investment arm of FTSE 100 utilities company SSE plc. SEP raised the new secondaries fund from four institutional investors, headed […]

  • EnQuest celebrates North Sea safety milestone

    18 August 2014
    Business & Finance

    Neil McCulloch, President of EnQuest’s North Sea business, said: “This is an exceptional achievement by our teams on three North Sea assets that started life in the 1970s…

  • We’re ready to compete, Pacific Drilling’s new CEO says

    4 December 2018
    Exploration & Production

    Pacific Drilling, an offshore drilling specialist with one of the younger fleets in the industry is off to a fresh start after it last month emerged from bankruptcy.

  • Greenpeace NZ boss faces jail time over ‘Amazon Warrior’ stand-off

    11 April 2017

    Greenpeace New Zealand’s chief executive Russel Norman could face jail time after jumping into the sea in front of the Amazon Warrior seismic vessel. Greenpeace said on Monday that Norman and several other Greenpeace activists took to the water some 50 nautical miles off the Wairarapa coast to intercept the 125-meter vessel during seismic blasting […]

  • Statoil hires Transocean rig for UK & Norwegian drilling campaigns

    4 April 2017
    Business & Finance, Exploration & Production

    Statoil and license partners have decided to use the semi-submersible rig Transocean Spitsbergen on three exploration wells in the UK, and then on a six-well production drilling campaign on the Aasta Hansteen license off Norway. According to Statoil’s statement on Tuesday, the exploration drilling campaign in the UK will be conducted for the Mariner, Jock […]

  • Santos fires starting gun for Dorado FPSO supply competition

    13 May 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Australia’s Santos is pushing forward with its Dorado field development, located in the Bedout Basin offshore Western Australia.

  • USA: Chesapeake Targets Up to USD 12 Billion in Asset Sales

    13 February 2012

    Chesapeake Energy Corporation  provided details on its financial plan to fully fund the company’s anticipated capital expenditures during 2012 and provide additional liquidity for 2013. The company is also projecting that its rapidly increasing liquids production will enable it in 2014 to reach equilibrium between its cash flow from operations and its planned drilling and […]

  • Culture change key to digital’s success in the oil and gas industry

    9 March 2017
    Equipment

    Digital is hot. It’s not new though, so what has changed that everybody is talking about it now? A panel convened during CERAWeek by IHS Markit comprising speakers from BP, ADNOC, Siemens and Accenture discussed developments in digitalization, its proven and potential gains and ultimately: how culture change within companies is needed for realizing digital’s […]

  • Norway: Aldous/Avaldsnes Discovery One of Ten Largest Oil Finds Ever on NCS, Statoil Says

    16 August 2011
    Business & Finance, Project & Tenders

    Communication between the Aldous and Avaldsnes oil discoveries in the North Sea has now been confirmed. In combination these discoveries may represent an oil structure of between 500 million and 1.2 billion barrels of recoverable oil equivalent. If the upper part of the interval strikes pay dirt, the discovery will be one of the ten […]

  • GlobalData Looks into UK Energy Bill’s Potential Effects on Pricing, Energy Security

    30 November 2012

    The key measure of the UK’s new Energy Bill will be to introduce a government-owned entity that will buy electricity at an agreed “strike price” from low carbon generators and recover the costs from electricity customers via electricity suppliers. The government-owned entity will buy the electricity under a contracts-for-difference mechanism feed-in-tariff (CfD FiT) that will […]

  • Lundin to increase output, accelerate decarbonisation strategy

    28 January 2021
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition, Vision

    Swedish oil company Lundin Energy has announced it would be increasing its output in 2021 as well as accelerating its decarbonisation strategy.

  • PGGM and Ampère Equity Fund Buy Minority Stake From DONG Energy in Walney Offshore Wind Farm (UK)

    20 December 2010
    Business & Finance

    A consortium of PGGM and Dutch Ampère Equity Fund, managed by Triodos Investment Management, have entered into an agreement with DONG Energy whereby the consortium acquires a 24.8% stake in the 367MW Walney offshore wind farm, which is under construction. DONG Energy will retain a 50.1% stake and SSE will retain the 25.1% stake it […]

  • Heerema’s heavy lift vessel carrying ‘engineering marvel’ to enhance production from Ichthys

    20 February 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Inpex has confirmed the setting of the stage for a miles-long journey, which Heerema Marine Contractors and its heavy lift vessel will undertake to bring a liquefied natural gas (LNG) booster compression module (BCM) from Indonesia to Australian waters, where it will be installed to augment production from a subsea reservoir at Inpex’s offshore energy project.

  • Woodside eyes FPU subsea infrastructure work next year for giant Australian gas project

    13 September 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy

    Woodside has handed out an environment plan (EP) to the country’s offshore regulator for a floating production unit (FPU) work associated with subsea infrastructure activities, including the Commonwealth waters portion of an export trunkline at a natural gas project off the coast of Australia.

  • 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 […]