5783 results found for 'matuku'

5783 results found for 'matuku'
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  • Raytheon Gets USD 75 Mil to Complete DDG 1000 Program

    13 December 2013
    Business & Finance

    Raytheon Company (RTN) has been awarded $75 million to complete remaining hardware and electronics for DDG 1000 and 1001, the first two ships of the Zumwalt-class of multimission destroyers. The award reflects exercised options under a previously awarded U.S. Navy contract. Raytheon’s progress on the program continues, remaining on-cost and schedule, meeting all program milestones […]

  • TapOil Announces Upgrade to Ghana Prospectivity and New 3D Seizmic Survey

    10 November 2010
    Business & Finance

    Tap Oil Limited (“Tap”)  announces that recent studies have highlighted additional potential in the deeper water portion of the Accra block and as a consequence Tap will commence acquisition of a large 3D seismic survey in December 2010 in the Offshore Accra Contract Area, Ghana, subject to final environmental approval. Since ratification of the Petroleum […]

  • Gwynt y Môr Took Large Steps Forward in 2013

    6 January 2014

    Major offshore construction has taken place throughout 2013 at Gwynt y Môr, one of the world’s largest offshore wind farms, located eight miles off the North Wales coast in Liverpool Bay. Tucked behind RWE npower renewables’ existing wind farms of Rhyl Flats and North Hoyle, the new 160 turbine development has grown from just 32 […]

  • Equinor to test floating solar pilot in rough waters of Norway

    14 January 2021
    Business Developments & Projects, Innovation, Outlook & Strategy, Research & Development, Technology

    Norwegian energy major Equinor, in collaboration with Saipem company Moss Maritime, plans to build and test a pilot floating solar plant off Frøya in Norway in the late summer of 2021.

  • FAR buys into Gambian blocks close to SNE discovery

    27 March 2017
    Business & Finance

    Australian oil and gas company FAR Limited will buy 80% interest and operatorship of Erin Energy’s offshore A2 and A5 blocks in The Gambia, which are close to the SNE discovery offshore Senegal.  Erin Energy will retain a 20% working interest in both blocks, the company said on Monday. Under the terms of the farm-out […]

  • 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 […]

  • Det norske and BP Norge to Merge as Aker BP

    10 June 2016
    Business & Finance, Operations & Maintenance

    Det norske has entered into an agreement to merge with BP Norge through a share purchase transaction, to create a new offshore E&P company. The announcement comes just a few days after Det norske revealed subsea contract awards in excess of NOK 2.3 billion to Aker Solutions and Subsea 7 for its Alvheim field. The […]

  • USA: Arleigh Burke-Class Guided-Missile Destroyer Begins 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’ […]

  • COPL, Shoreline inch toward unlocking Nigeria block potential

    30 July 2018

    Canadian Overseas Petroleum Limited (COPL) and its partners have made a step forward in their pursuit to develop the Noa-1 discovery, in OPL226 block offshore Nigeria.

  • IOG eyes Skipper well spud date

    7 December 2015
    Exploration & Production, Project & Tenders

    Independent Oil and Gas plc (IOG), the North Sea-focused oil and gas company, has secured funds and set a spud date for its Skipper appraisal well, in the UK North Sea.  Namely, on December 4, 2015, the company and its subsidiary IOG North Sea Limited entered into two loan agreements with GE O&G and London […]

  • Higher oil prices push Maersk Oil back to black in 1Q

    12 May 2017

    Danish oil company Maersk Oil has recorded a profit in the first quarter of 2017, stating higher oil prices as one of the main reasons.  Maersk Oil said that the company’s underlying profit was $328 million opposed to a loss of $29 million for the 1Q 2016. This is understandable as an average oil price in the […]

  • Industry unites to praise ‘fantastic day’ for UK tidal energy sector

    8 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Technology, Transition, Vision

    Industry associations, research centers and supported developers have all unanimously welcomed the results of the latest renewables auction in the UK – where 53MW of tidal stream projects won contracts – deeming the outcome a ‘resounding vote of confidence’ in the increasingly mature tidal energy sector.

  • Uniper and thyssenkrupp Uhde unite to scale ammonia cracking technology

    27 May 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Technology

    Uniper and thyssenkrupp Uhde have entered a strategic partnership to advance ammonia cracking technology to industrial maturity.

  • Wartsila and Deltamarin Introduce Innovative Ferry Family at Interferry 2010 (USA)

    5 October 2010

    Wärtsilä, the marine industry’s leading solution provider and Deltamarin, the foremost design company in the cruise and ferry market, announce the introduction of an innovative series of ferry designs. The designs are being presented during the 35th Interferry Conference in New York, 3-6 October, 2010. By working in partnership, the two companies have identified the […]

  • 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 […]

  • Hercules Offshore Profit Sinks (USA)

    26 April 2012
    Business & Finance

    Hercules Offshore, Inc. today reported a loss from continuing operations of $38.3 million, or $0.28 per diluted share, on revenue of $143.3 million for the first quarter 2012, compared with a loss from continuing operations of $13.6 million, or $0.12 per diluted share, on revenue of $159.4 million for the first quarter 2011. John T. […]

  • Equinor to drill up to 3000 wells over coming decades

    28 August 2018

    Equinor on Tuesday presented its plans for transforming the Norwegian continental shelf (NCS) over the coming decades. The company’s plans include drilling of up to 3000 wells during the coming decades and extending the lifetime of more than 20 installations.

  • Austria: OWI-Lab Makes Report on EWEA 2013

    26 February 2013

    The OWI-Lab team attended the EWEA 2013 event in Vienna this month, the largest wind energy conference in Europe. More than 8000 participants and nearly 400 companies attended the conference and exhibition this year. Although 11.000 MW of wind energy capacity was installed last year, the wind industry is in fact facing tough times just […]

  • Arctic Shipping: New Chapter in Maritime History

    24 October 2013
    Business & Finance

    The international conference “Arctic Shipping and Offshore Activities: Responding to Safety and Environmental Challenges” hosted by Russian Maritime Register of Shipping (RS) took place in St Petersburg on 17 October 2013. Among the participants to the conference were Secretary-General of the International Maritime Organisation (IMO) Mr Koji Sekimizu, Deputy Minister of Transport of the Russian […]

  • UK oil & gas player ups its stake in two Angolan offshore blocks

    19 June 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Afentra, a UK-headquartered and AIM-listed upstream oil and gas company, has sealed a deal to acquire half of the stake one of its joint venture (JV) partners holds in two blocks off the coast of Angola.

  • 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.

  • Nuclear power could pave the way for bulkers to sail ‘longer, faster, and cheaper’, study finds

    1 October 2024
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Research & Development, Transition, Vessels

    Compared to a Newcastlemax bulk carrier powered by conventional very low sulfur fuel oil (VLSFO) and one powered by green ammonia, a nuclear-powered Newcastlemax bulk carrier could sail longer, faster, and cheaper, without producing greenhouse gas (GHG) emissions, a new study found. Amsterdam-based nuclear development and consulting company ULC-Energy, in collaboration with ship design and […]

  • Oil & Gas UK’s reorganization reduces number of teams

    3 May 2016

    Following a thorough business review, Oil & Gas UK, a representative organization for the UK offshore oil and gas industry, on Tuesday, May 3, announced its new organisational structure that includes the reduction of a number of its teams.  According to the organization, the revised business model is designed to make sure the trade association is […]

  • Candela secures €24.5M to scale up production of fast electric ferry

    19 March 2024
    Business & Finance, Business Developments & Projects

    Candela, a Swedish maker of sustainable, electric hydrofoil vessels, has closed the largest funding round in the company’s history, to expand production of its P-12 ferry.