5819 results found for 'matuku'

5819 results found for 'matuku'
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  • Norway: READ Well Services Divides in Two. Appoints Additional CEO

    23 March 2011
    Business & Finance

    Oil and gas well performance and downhole tool specialist, READ Well Services, has divided its operations in to two sister companies and appointed an additional chief executive officer. READ Expandables Ltd will focus on developing the company’s expandable well integrity and downhole isolation products, with existing CEO Fraser Louden overseeing the rolling out of a […]

  • Norwegians unveil plan to connect Draugen platform to floating wind farm

    29 October 2021
    Business Developments & Projects, Technology

    Norwegian floating wind technology developer Odfjell Oceanwind, exploration and production (E&P) company OKEA, and utility company TrønderEnergi have signed a Memorandum of Understanding to jointly evaluate the potential of developing a floating offshore wind farm that will be connected to the Draugen platform. The project’s floating wind turbines would provide renewable power to the Draugen […]

  • Port of Gothenburg spearheads project on cutting emissions at construction sites

    16 November 2020
    Environment, Infrastructure, Ports & Logistics, Project & Tenders

    The Gothenburg Port Authority wants to cut carbon emissions at the port by promoting the use of greener construction equipment and methods in future construction projects. The port announced plans to include new procurement stipulations for selected contracts in order to cut carbon emissions at the port. The Emission-Free Construction Sites project has been initiated […]

  • Repsol Sinopec’s Buchan Alpha ready for disposal in Shetland

    14 August 2017
    Project & Tenders

    Repsol Sinopec Resources UK has informed that the Buchan Alpha oil production vessel has arrived in Lerwick, Shetland for disposal.   The contract for dismantling and recycling of the Buchan Alpha unit was awarded to Veolia back in June. Veolia is working on the project with its strategic partner in decommissioning, Peterson. Buchan Alpha, a semi-submersible moored floating […]

  • Santos runs out of luck in second Australian well

    19 April 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Santos has failed to find commercial hydrocarbons in the second exploration well in its campaign offshore Australia, the Apus-1.

  • RINA OKs 1st MR tanker to exceed IMO 2050 targets using fossil fuels

    17 February 2022
    Business Developments & Projects, Certification & Classification, Environment, Infrastructure, Outlook & Strategy, Regulation & Policy, Vessels

    Classification society RINA has granted approval in principle (AiP) to a hydrogen-powered MR tanker design developed by Swedish designer FKAB Marine Design.

  • Posidonia 2018: Emergence of New Clusters, Shipping Centres

    8 June 2018
    Business & Finance

    Posidonia: New clusters, shipping centres emerge as trade grows and the control of ships and cargoes shifts eastwards.

  • Germany: NKT EBITDA Up 5 pct

    5 March 2012
    Business & Finance

    NKT’s revenue increased by 1,153 mDKK to 15,604 mDKK – the highest level in the history of NKT. Nilfisk-Advance and Photonics Group realised organic growth in revenue of 8% and 16% respectively, surpassing even the 2010 growth rates,  while NKT Cables exceeded last year’s organic growth in revenue by only 1%. The operational EBITDA for […]

  • WWF Scotland Director Named Champion at Scottish Renewables’ Awards

    1 December 2014

    WWF Scotland Director Lang Banks has been named 2014 Champion of Renewables at Scottish Renewables’ Green Energy Awards. The environmentalist, described by judges as “an outsider who makes people understand why renewables are so vital”, bagged the coveted trophy at a 1,250-guest ceremony in Edinburgh last night (Nov 27). The awards, now in their 12th […]

  • Sinotrans Plunges into Red

    14 August 2015
    Business & Finance

    Hong Kong-listed Sinotrans Shipping ended the first half of 2015 with USD 18.3 million net loss, as compared to USD 2.3 million net profit for the same period a year earlier, due to a dip in revenues from operations of the company’s dry bulk and container shipping segments. The company’s overall revenue dropped by 19% to […]

  • Petronas, MISC and MOL debut LCO2 carrier JV

    17 June 2025
    Carbon Capture Usage & Storage, Collaboration, Infrastructure, Outlook & Strategy, Vessels

    Petronas CCS Ventures, part of Malaysia’s state-owned energy giant Petronas, compatriot shipowner MISC Berhad and Japanese shipping company Mitsui O.S.K. Lines (MOL) have incorporated a strategic joint venture to develop and acquire liquefied carbon dioxide (LCO2) carriers.

  • Borr Drilling rig begins another five-well campaign at next field on its drilling list

    27 November 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Valeura Energy has achieved an oil production boost, following a five-well infill drilling program at a field off the coast of Thailand. Encouraged by these results, the firm has prolonged the assignment for one of Borr Drilling’s jack-up rigs, which undertook these drilling operations, thus, the mobile offshore drilling unit (MODU) has moved to another field to drill five more wells.

  • Chariot Provides Resource Update Offshore Namibia

    9 September 2013
    Business & Finance, Operations & Maintenance

    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 […]

  • 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 […]

  • 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 […]

  • EIA: Vaca Muerta gas production increase leads to LNG exports from Argentina

    15 July 2019

    Gas production growth from Argentina’s Vaca Muerta gas production has lead to exporting the country’s LNG, the Energy Information Administration (EIA) said.

  • Offshore wind industry needs standardization

    1 October 2014

    Cost reductions are a huge industry focus. I am confident that we can lower the levelized costs of energy by 30 to 40  percent for those projects that will achieve FID in 2020. Of all the possible reductions in CapEx and OpEx, one of the innovations that needs to come forward is standardization of offshore […]

  • Woodside acquires stake in offshore Morocco permit

    4 July 2014
    Business & Finance

    Australia’s oil and gas company Woodside has finalised an agreement with Chariot Oil & Gas to farm-in to the prospective Doukkala Basin offshore north western Morocco.

  • 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 […]

  • 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.

  • French court postpones CGG’s restructuring plan review

    7 November 2017
    Business & Finance

    A court in Paris has rescheduled a hearing date to examine CGG’s request for sanctioning of its draft safeguard plan and the claim filed against it.

  • USA: DNS Event Promotes Concept of Decommissioning as Part of Asset’s Whole Life Cycle

    2 May 2012
    Business & Finance, Research & Development

    Decom North Sea (DNS), the offshore oil and gas decommissioning forum, will be promoting the concept of decommissioning as an integral part of the overall life cycle of an asset rather than a separate phase tagged on at the end, when it hosts a networking breakfast in Houston. The event, which is sponsored by URS […]

  • Hess shaves off $800 million of its budget for 2020

    17 March 2020
    Business & Finance

    In light of the current low oil price environment and market volatility, U.S. oil and gas company Hess Corporation has revealed a plan for a significant reduction to its 2020 capital and exploratory budget. 

  • EnQuest gives up on production re-start at UK fields

    19 March 2020

    In light of recent developments in the oil market, oil and gas company EnQuest has decided not to re-start production at the Heather and Thistle/Deveron fields located offshore the UK.