5819 results found for 'matuku'

5819 results found for 'matuku'
Order results by

A list of search results

  • Island Drilling makes restructuring move to survive downturn

    16 March 2017
    Business & Finance, Exploration & Production

    After finding itself in dire straits, the Norwegian offshore drilling contractor Island Drilling ASA has made a decision to take on financial restructuring, which will involve a change from a public to a private company. Island Drilling was formed in 2006 by industry veterans and the well intervention player, Island Offshore, which owns the biggest chunk […]

  • Svitzer turns to Caterpillar to switch its fleet to methanol

    18 April 2023
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

    Global towage operator Svitzer, a part of A.P. Moller-Maersk, has signed a Memorandum of Understanding (MOU) with Houston-based Caterpillar Marine to adopt solutions that enable Svitzer to utilize methanol in their fleet. Under the partnership, the duo plans to work on the installation of dual-fuel methanol engines on new tugs as well as conversions of existing […]

  • Econowind bankrolled by NOM, Horizon Flevoland

    11 September 2023
    Business & Finance, Business Developments & Projects, Innovation

    Dutch developer of wind-assisted propulsion systems Econowind revealed that the Investment and Development Agency for the Northern Netherlands NOM and Horizon Flevoland are investing in the company to help it scale up production. With this support, Econowind expects to produce one VentoFoil, a vertical aircraft wing that converts wind into forward thrust of the ship, […]

  • 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.

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • Horisont Energi-Koole Terminals partnership to include CCS value chain

    21 November 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Outlook & Strategy, Project & Tenders, Research & Development

    Horisont Energi, a clean energy company, and Koole Terminals, an independent provider of integrated services for storage, processing and logistics, have signed a non-binding memorandum of understanding (MoU) to continue their collaboration to explore the potential development of a European carbon capture and storage (CCS) value chain. Specifically, the MoU sets out the intention of […]

  • BV: Energy insetting key to providing pathways for ‘earliest possible’ adoption of new fuels

    6 March 2024
    Business Developments & Projects, Market Outlooks, Outlook & Strategy, Research & Development, Transition

    Classification society Bureau Veritas (BV) has unveiled the results of new modeling research which confirmed the potential hefty cumulative impact of operational and technical efficiency measures in keeping shipping within its “carbon budget” to 2050.

  • Malaysia bent on transforming deepwater ops through innovation

    16 September 2024
    Business Developments & Projects, Research & Development, Technology

    Malaysia Petroleum Management (MPM), an affiliate of Malaysia’s state-owned energy giant Petronas, has hosted a three-day event to explore deepwater opportunities through innovative solutions.

  • Denmark uncovers emission reduction potential of North Sea electrification

    4 April 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Transition

    The Danish Energy Agency has published an analysis of the potential for reducing CO2 emissions from domestic oil and gas extraction by electrifying the platforms in the North Sea.

  • Regulatory order for Equinor over maintenance management on North Sea platform

    20 July 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Operations & Maintenance, Regulation & Policy, Rules & Regulation, Safety

    The Norwegian offshore safety regulator followed up an audit of Equinor’s platform in the North Sea with an order to the operator.

  • East By West Ferries sets sights on 2nd all-electric ferry

    11 August 2022
    Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Transition, Vessels

    New Zealand-based ferry operator East by West Ferries has revealed plans to order a second all-electric passenger ferry from compatriot boat builder WEBBCo.