5711 results found for 'matuku'

5711 results found for 'matuku'
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  • The race against time to develop an ammonia-powered engine is on

    7 June 2021
    Environment, Equipment, Outlook & Strategy, Research & Development, Technology, Transition

    The technology group Wärtsilä believes it will have the industry’s first engine running on ammonia already this year, according to Juha Kytölä, Director of R&D and Engineering at Wärtsilä. “This year we will demonstrate an engine running on ammonia. The demonstration will start with a 40-percent ammonia blend,“ he said while speaking at a recent […]

  • Phoenician Energy’s aluminum-air batteries win in Yara Marine’s accelerator program

    18 January 2021
    Environment, Equipment, Innovation, Transition, Vessels

    Yara Marine Technologies, a Norway-based provider of exhaust gas cleaning systems, has selected Phoenician Energy’s aluminum-air batteries as the winner of its corporate accelerator program, Yara Marine X. Yara Marine X was launched in September as a startup competition aiming to provide a home for technology and solutions that are expected to contribute to a […]

  • Lots of activities at the Marine Energy Pavilion

    7 October 2019

    Offshore Energy Exhibition & Conference (OEEC) 2019 almost kicks off! This year, the Marine Energy industry has bigger presence than ever with a large Marine Energy Pavilion, hosted by Dutch Marine Energy Centre (DMEC) and Navingo.

  • Dominoes in Southeast Asia M&A space starting to fall, WoodMac says

    25 April 2019

    Southeast Asia could take center stage in the region’s upstream M&A activity in 2019, with up to $14 billion worth of assets potentially switching hands, according to a new report by Wood Mackenzie.

  • Total plans $5 billion in asset sales as second quarter profit slips on lower oil prices

    25 July 2019
    Business & Finance

    Total has said it plans to sell about $5 billion worth of assets, mostly from its Exploration & Production business.

  • Norway: Statoil Boosts Development of Skrugard Field

    27 December 2011
    Business & Finance, Operations & Maintenance

    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 solution […]

  • Cal Dive Announces Amendment to its Credit Facility (USA)

    10 October 2011
    Business & Finance, Operations & Maintenance

      Cal Dive International, Inc.  announced that an amendment to its credit facility, which matures in April 2016, has been approved. In connection with the amendment, the primary financial covenants included in the credit facility will be amended, and the size of the revolving credit facility will be reduced from $300 million to $150 million. […]

  • Bermuda: Seadrill Completes Deal with North Atlantic Drilling

    4 April 2011
    Business & Finance, Project & Tenders

      Reference is made to the reorganisation of Seadrill’s harsh environment drilling services and the establishment of North Atlantic Drilling Ltd announced on February 15, 2011. Seadrill announces that North Atlantic Drilling’s acquisition of our harsh-environment drilling activities was successfully completed on March 31, 2011. Closing of the transaction took place in line with the […]

  • USA: Schilling Robotics’ ROV Earns Prestigious Award

    22 March 2011
    Business & Finance, Equipment

      Schilling Robotics, LLC, experts in subsea systems, announced yesterday that it has received a 2011 Spotlight on New  Technology Award from the Offshore Technology Conference (OTC) for its new Heady-Duty (HD™) ROV. The honor, which recognizes innovative technologies that significantly impact offshore exploration and production, was awarded to Schilling for the HD’s technological advancements. […]

  • South Korea: Scorpio Tankers, HMD Sign Contract for 52.000 DWT MR Product Tanker

    23 December 2011

    Scorpio Tankers Inc has signed a contract with Hyundai Mipo Dockyard Co., Ltd. of South Korea (HMD) to construct a 52,000 DWT MR product tanker for approximately $36.4 million. The company executed a $92.0 million credit facility (“2011 Newbuilding Credit Facility”) with Credit Agricole Corporate and Investment Bank (“CA-CIB”) and Skandinaviska Enskilda Banken AB (“SEB”) […]

  • Golden Ocean Buying 16 Bulkers

    14 March 2017
    Business & Finance

    Nasdaq-listed dry bulk shipping company Golden Ocean Group Limited has entered into agreements to acquire 16 dry bulk vessels. The acquisition will take the form of an all-share transaction where the company will issue in aggregate 17.8 million consideration shares and assume debt of USD 285.2 million, GOGL said. Of the 16 vessels to be […]

  • Colombia: World Bank Supports Environmental Clean Up and Flood Control of Bogota River

    15 December 2010

    The World Bank Board of Executive Directors (WB) approved a US$250 million loan today for the Rio Bogota Environmental Recuperation and Flood Control Project, with the intention of turning it into an environmental asset for the Colombian capital’s metropolitan area.   The project seeks to improve water quality in the river’s middle basin up to […]

  • Italy’s ENEA kicks off first national survey on marine energy

    29 July 2021
    Authorities & Government, Business Developments & Projects, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition

    Italian national agency for energy and new technologies ENEA has launched the first national survey on new technologies that exploit energy from tidal currents and sea waves.

  • IEA calls for 70+ GW of offshore wind to be added each year until 2050

    18 May 2021
    Business & Finance, Market Outlooks, Outlook & Strategy, Transition

    Almost 90 per cent of global electricity generation in 2050 could come from renewable energy sources, with solar PV and wind together accounting for nearly 70 per cent, according to International Energy Agency’s new Net Zero 2050 roadmap. The roadmap, published on 18 May, calls for scaling up solar and wind energy rapidly this decade […]

  • Ophir kicks off drilling campaign in Gulf of Thailand

    21 October 2015
    Project & Tenders

    Ophir Energy, an oil and gas exploration company, has started its two well exploration drilling programme in Block G4/50, in the western Gulf of Thailand with the spud of G4/50-10 exploration well on the Soy Siam prospect. The G4/50 Block partly surrounds Ophir’s producing Bualuang oil field and spans a series of Tertiary aged sub-basins […]

  • Two Azonto directors resign

    20 January 2015
    Business & Finance

    Azonto Petroleum has announced that the company’s Managing Director and Finance Director have resigned with immediate effect. According to the press release, a “fit for purpose” review of the company’s operating structure and costs has been carried out with the objective of maintaining the viability of the current portfolio whilst facilitating the continued maturation of other potential […]

  • Wintershall expects higher resources from Maria

    18 December 2014
    Project & Tenders

    Germany’s Wintershall has announced updated, higher recoverable resource estimates for its operated Maria Field, located in the Norwegian Sea.  Wintershall estimates that the planned technical recoverable resources will reach about 180 million barrels of oil equivalent (boe). According to Wintershall, this means that the estimate has increased by about 40 million boe (previously 140 million […]

  • EnerMech boosts global revenues by nearly $130 million

    2 October 2018
    Business & Finance

    Mechanical and electrical services specialist EnerMech has increased its global revenues by nearly £100 million.

  • Hibiscus selects FPSO concept for Marigold cluster

    21 November 2019
    Business & Finance

    Malaysia’s Hibiscus Petroleum has selected an FPSO concept for the development of the Marigold cluster located in the UK North Sea. 

  • Canadian company explores development of oil and gas port cluster in Newfoundland

    27 February 2018

    The new company, Canadian Supply Base Company (CSBC), is gathering resources, opportunities and cluster participants to explore the development of a proposed multi-user, ‘one-stop shop’ port cluster at Bull Arm, Newfoundland.

  • UK offshore licensing round attracts offers from 68 oil & gas companies

    22 November 2017

    The UK’s latest offshore licensing round has attracted 96 applications covering 239 blocks in the main oil and gas producing areas of the UK Continental Shelf (UKCS).

  • USA: Arleigh Burke-Class Guided-Missile Destroyer Starts Maiden Voyage

    2 September 2011

    The newest Arleigh Burke-class guided-missile destroyer, the future USS Spruance (DDG 111), sailed away from the Bath Iron Works​ shipyard in Bath, Maine Sept. 1 on its maiden voyage to her commissioning site in Key West, Fla. before heading to her eventual homeport of San Diego, Calif. This milestone marks the government and industry teams’ […]

  • 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 […]

  • Black & Veatch Report Shows Optimism Across Gas Industry, USA

    14 November 2012

    Black & Veatch’s Strategic Directions in the U.S. Natural Gas Industry Report shows optimism across the industry for future growth is as plentiful as domestic shale gas reserves. The report is based on a comprehensive survey of natural gas industry leaders and includes analysis from Black & Veatch industry experts. When asked about their view […]

  • Repsol Holds Annual General Meeting (Spain)

    31 May 2013

    Repsol’s Executive Chairman, Antonio Brufau, today informed the company’s shareholders attending the Annual General Meeting of progress on the 2012-2016 Strategic Plan, which has transformed Repsol into one of the energy companies with best growth prospects thanks to its intense and successful exploration and production activity. Brufau pledged to continue with the commitment to create […]