5752 results found for 'matuku'

5752 results found for 'matuku'
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  • 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 […]

  • GE, Petronas Extend Gas Turbine Deal

    31 March 2014
    Project & Tenders

    GE has signed a new seven-year Global Frame Agreement with PETRONAS, Malaysia’s leading oil and gas corporation. The agreement, which includes an option to renew for a further three years, calls for GE to supply gas turbine packages for PETRONAS’ onshore and offshore projects in Malaysia and other countries around the world. The signing follows […]

  • Chevron’s Wheatstone LNG project to cost US$5 billion more, Woodside plays down impact

    31 October 2016

    Chevron and its partners in the Wheatstone LNG project, including Australia’s Woodside, will have to splash more cash for the LNG project west of Onslow after the US energy giant announced a US$5 billion cost blowout. Chevron said last week, after announcing the company’s third-quarter results, that delays in module deliveries to the LNG project had […]

  • Top news, May 28 – June 3, 2018

    3 June 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    MarineEnergy.biz has compiled the top news from marine energy industry from May 28 – June 3, 2018.

  • Efficiency from Quayside to Seabed

    17 February 2017

    While the oil and gas industry is slowing down, the world of renewables, specifically offshore wind, is picking up. This leads to many companies diversifying their product portfolio where required. Not unlike Jumbo, who are venturing further into the offshore wind market.

  • UMaine’s DeepCLiDAR Ready for the Market

    26 October 2016
    Human Capital, Research & Development, Technology

    DeepCLiDAR, a floating light detection and ranging (LiDAR) system developed by the University of Maine Advanced Structures and Composites Center, has completed a new deployment performance test 12 miles off the Maine coast in 65 meters of water. AWS Truepower validated DeepCLiDAR’s data recovery and measurement accuracy against Carbon Trust’s industry-standard performance criteria. With the third-party […]

  • NSRI, ORE Catapult Join to Help Subsea Companies Diversify

    27 September 2016
    Business & Finance

    The National Subsea Research Initiative (NSRI) and the Offshore Renewable Energy (ORE) Catapult have joined forces to encourage subsea companies to diversify and tap into the opportunities within the offshore wind market. The two organisations will highlight the long-term opportunities the offshore wind industry holds for UK subsea companies, as well as provide advice and […]

  • Large ships can save close to $500,000 on fuel costs by adopting wind propulsion, new study reveals

    27 March 2025
    Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Research & Development, Technology, Vessels

    There are significant economic and climate benefits of using wind-assisted propulsion to power global shipping, a new report by marine NGO Seas At Risk found.

  • Fossil fuels are here to stay just like their greener brethren

    2 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Transition

    The wheels of the global energy mix continue to turn, making changes to the fossil fuel-dominated scenery more visible with new pathways being forged to push decarbonization forward and accommodate emerging energy supply sectors. Regardless, the previous year still brought multiple updates on steps the oil and gas industry took to scale up the production ante, including further market consolidation moves.

  • Norway, The Biggest Oil Producer in Western Europe

    5 August 2010

    In 2009, crude oil, natural gas, and pipeline transport services accounted for almost 50 percent of Norway’s exports value, 22 percent of GDP, and 27 percent of government revenues according to the Norwegian Petroleum Directorate. Although Norway’s oil production peaked in 2001 at 3.42 million barrels per day (bbl/d) and has declined to reach 2.35 […]