5783 results found for 'matuku'

5783 results found for 'matuku'
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  • Baker Hughes and Saudi Aramco launch new ESP system

    10 February 2017
    Equipment

    Oil giant Saudi Aramco and oilfield services provider Baker Hughes have introduced what the companies say is the first TransCoil rigless-deployed electrical submersible pumping (ESP) system.  Baker Hughes said on Thursday that the new ESP system is designed to help operators bring wells into production faster and lower the costs associated with installing and replacing […]

  • ABS, Lloyd’s Register Join Forces to Address Industry Challenges

    7 December 2012
    Business & Finance

    Industry feedback from shipyards, designers and shipowners on the first draft of the harmonized IACS Common Structural Rules for tankers and bulk carriers (CSR-H) has highlighted their common concerns that the expanded scope of the proposed new Rules could significantly slow the design process and increase associated costs if class societies do not provide more […]

  • Electricity firms publish new report ahead of COP21 Paris

    12 October 2015
    Business & Finance, Research & Development, Technology

    The Global Sustainable Electricity Partnership, a non-profit organisation whose members are the world’s leading electricity companies, has published a report describing a high-tech enabled global energy mix that could help nations meet climate-related CO2 reduction pledges and the expanding demand for electricity. The ‘Powering Innovation for a Sustainable Future’ report for the upcoming world climate […]

  • Gate LNG terminal inks financing deal for break bulk facility

    31 October 2014
    Project & Tenders

    Dutch Gate LNG terminal has signed a financing agreement with the European Investment Bank.

  • OEEC: Lots of Activities at Marine Energy Pavilion

    7 October 2019
    Business & Finance, Storage

    As Offshore Energy Exhibition & Conference (OEEC) 2019 is ready to kick 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. At the pavilion we showcase the potential of marine energy, and organize lots of activities to […]

  • The Netherlands: Shell 1Q Earnings Hit USD 6.9 Billion

    28 April 2011
    Business & Finance

      Royal Dutch Shell’s  first quarter 2011 earnings, on a current cost of supplies (CCS) basis , were $6.9 billion compared with $4.9 billion a year ago. Basic CCS earnings per share increased by 40% versus the same quarter a year ago. Cash flow from operating activities for the first quarter 2011 was $8.6 billion. […]

  • Drewry: All Is Not Quiet in the East Med

    17 January 2017

    A recent spike in Asia to Mediterranean spot rates shouldn’t be mistaken as a sign of permanent recovery of big markets in the Mediterranean as weakness in the East Med region and the spectre of big ships entering the trade will temper carriers’ prospects in 2017, according to analysts at Drewry. The westbound Asia to […]

  • Corvus Energy teams up with Toyota on production of hydrogen fuel cell systems

    1 February 2021
    Business Developments & Projects, Collaboration, Research & Development, Technology, Transition

    Energy storage company Corvus Energy is set to start the development and production of sustainable, large scale maritime-certified hydrogen fuel cell systems.

  • As legal challenge for $12.5 billion gas project gets dropped, first LNG cargo on track for 2026

    19 August 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production

    Woodside has struck a deal to ensure a two-year legal challenge, concerning its giant energy project off the coast of Australia will be dismissed.

  • UK’s Subsea Sector to Boost Exports in 2017

    3 February 2017
    Business & Finance

    British subsea companies are expecting to increase overseas activity in the next 12 months, according to a survey conducted by industry body, Subsea UK. Of the 300 member companies surveyed, 27% are predicting increasing exports by 50% or more in 2017. More than half (56%) expect overseas sales to increase between 1% and 49% with […]

  • Shell Expects LNG Demand to Double by 2020, The Netherlands

    14 November 2012

    Royal Dutch Shell hosted a management day with investors, focusing on global gas and Asia Pacific Upstream. Outlining Shell’s global gas strategy, CEO Peter Voser said: “Strong growth in gas markets, especially Integrated Gas, is a major opportunity for Shell and our shareholders. Our Integrated Gas earnings have more than trebled in the last five […]

  • ION Reports $0.41 EPS

    2 November 2017
    Business & Finance, Equipment, Operations & Maintenance

    ION Geophysical has reported third quarter 2017 net income of $4.9 million, or $0.41 per diluted share, on revenues of $61.1 million, compared to net income of $1.7 million, or $0.14 per diluted share, on revenues of $78.6 million in third quarter 2016. The company reported Adjusted EBITDA of $27.1 million for third quarter 2017, […]

  • China debuts its first methanol bunkering vessel

    19 January 2024
    Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    On January 13, 2024, China’s inaugural methanol bunkering ship, Hai Gang Zhi Yuan, embarked on its maiden voyage, following a conversion process at Zhoushan Putuo Changhong Shipbuilding Co. The ship left for Shanghai Port where it was put in operation as an integral part of Shanghai Port Clean Energy Center. The 16,000 cbm vessel, previously […]

  • License extension off Cameroon comes while funding talks continue ahead of drilling ops

    8 February 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

    Tower Resources has secured a license extension of the first exploration period of a production-sharing contract (PSC) related to an asset offshore Cameroon.

  • Aker Solutions to deliver FPSO upgrade for Equinor’s huge oil and gas project

    9 January 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Aker Solutions has secured an engineering, procurement and construction (EPC) contract from Altera Infrastructure for the complete upgrade of a floating production storage and offloading vessel (FPSO) to be redeployed at an Equinor-operated oil and gas field offshore UK. Under the contract defined as “substantial”, Aker Solutions will deliver the upgrade of the Petrojarl Knarr FPSO […]

  • Norway’s Equinor spuds exploration well offshore Canada

    17 May 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Norwegian energy giant Equinor has started its drilling campaign offshore Canada. The success of this campaign would contribute to Bay du Nord’s resources.

  • Indian giant plans to invest $4 bln to step up its exploration game

    27 May 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy

    ONGC intends to invest up to $4 bln in the next three years in a push to deliver on its bold new roadmap to boost its exploration activities.

  • July orders propel methanol past 200 ships mark

    7 August 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    According to the latest data from DNV’s Alternative Fuel Insights (AFI) database, the month of July saw the addition of 14 LNG-fueled ships. Still, the real star of the show was methanol, with a staggering 48 methanol-fueled ships, including retrofits, joining the ranks. The July orders have pushed the total count of methanol-fueled ships past […]

  • MAN furnishing FPSO destined for oilfield project off Angola with compressor trains

    7 June 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    MAN Energy Solutions has been hired by Yinson to supply a total of 11 compressor trains for an FPSO, which will be deployed off Angola.

  • Fugro goes strong in all regions at 2022 kick-off

    25 April 2022
    Business & Finance, Business Developments & Projects, Project & Tenders

    Fugro has reported a revenue increase of 23.3% in the first quarter of 2022, said to be supported by all regions and business lines and driven by high client demand in the energy market, both renewables and oil & gas, and the infrastructure market. The total revenue in Q1 2022 was €365.4 million, compared to […]

  • Dart Announces Early Acquisition of Composite Energy (UK)

    28 February 2011
    Project & Tenders

      Global coal seam gas company Dart Energy Limited announced that it has agreed to acquire the 90% of Composite Energy Limited that it does not already own for approximately US$46.7 million. The consideration will be satisfied by way of issue of approximately 35.9 million new Dart shares to the current shareholders of Composite and […]

  • Wood Mackenzie: Offshore Wind O&M Market to Reach EUR 11 Billion by 2028

    12 June 2019
    Operations & Maintenance

    The global offshore wind operation and maintenance (O&M) market is expected to grow by 17% annually to EUR 11 billion by 2028, according to new research from Wood Mackenzie Power and Renewables. Europe is the largest contributor with EUR 6.7 billion in value, while the Asia Pacific region is keeping up the pace in O&M […]

  • Mediterranean Oil & Gas Signs Extension of Exploration Period for Offshore Malta Blocks

    2 June 2011
    Business & Finance

      Mediterranean Oil & Gas Plc. announced that the Company has signed an agreement with the Government of Malta to extend the first exploration phase of the Production Sharing Contract (“PSC”) for offshore Malta Area 4 (Blocks 4, 5, 6, 7), by 18 months to January 18, 2013. In addition, the Company is in advanced […]

  • Preventive Cable O&M Key Strategy for Offshore Wind Developers According to Latest Report (UK)

    28 November 2011

    Export and inter-array cables are exposed to a hostile, high-risk environment during a wind farm’s operational life. Given that they comprise a hefty portion of an offshore wind farm’s capital expenditure costs, preventive maintenance for submarine conductors should be a priority for operators, according to the latest Offshore Operations and Maintenance report from Wind Energy […]

  • PGS Strengthens Capital Base to Invest in Fleet Expansion

    16 November 2010
    Business & Finance

    Petroleum Geo-Services ASA (“PGS” or the “Company”) has decided to effect a private placement, directed towards professional Norwegian and international investors, after the close of Oslo Børs today. The private placement comprises of up to 19,799,998 new shares, with the price to be determined through an accelerated book-building process. For detailed information about the private […]