5691 results found for 'matuku'

5691 results found for 'matuku'
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  • Capital Product Partners seals $3.1 billion acquisition of 11 LNG carriers amid strategic transformation

    22 December 2023
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    After its recently announced pivot towards the LNG shipping sector, New York-listed shipowner Capital Product Partners L.P. has closed the umbrella agreement initiated last November, paving the way for the acquisition of 11 newbuild liquefied natural gas carrier vessels.  As reported by Offshore Energy, CPLP, a Marshall Islands master limited partnership, entered into an umbrella agreement […]

  • New ICS report pinpoints ‘risk multipliers’ to maritime’s green transition

    16 May 2023
    Authorities & Government, Collaboration, Research & Development

    The International Chamber of Shipping’s (ICS) Maritime Barometer Report 2022-2023 has revealed that uncertainty over fuel availability and infrastructure puts at risk ambitions to meet decarbonisation targets, reinforcing the need for a clear plan of action to mitigate risk.

  • QED Naval collects over €1.7 million as tidal power picks up pace

    16 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    QED Naval, a Scotland-based tidal energy company, has secured over €1.7 million of funding with 1,152 investors taking part in its Seedrs crowdfunding campaign.

  • Bio-LNG is a solution for shipping’s decarbonisation, study confirms

    6 October 2022
    Business Developments & Projects, Outlook & Strategy, Research & Development, Transition

    Liquified bio-methane (bio-LNG) can make a major contribution to maritime decarbonisation, a new study commissioned by SEA-LNG has found.

  • Longboat reports on Equinor’s ‘material light oil’ discovery at Egyptian Vulture

    29 October 2021
    Business & Finance, Business Developments & Projects, Exploration & Production

    Longboat Energy has announced ‘a material light oil’ discovery at the Egyptian Vulture exploration well, offshore Norway.

  • Aker BP awards new contracts to enable Valhall to operate up to 2060

    13 December 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    Aker BP has awarded FEED contracts valued as part of its efforts to extend the life of the Valhall field located off Norway.

  • GE Expands Batam Subsea Manufacturing Facilities (Indonesia)

    16 May 2013
    Business & Finance, Operations & Maintenance, Research & Development

    GE announced the largest expansion of its Batam manufacturing facility to date, with the construction of a high bay for a new line of subsea wellhead equipment that will further increase local content. Making the announcement at the Indonesia Petroleum Association’s (IPA) 37th Annual Convention, Visal Leng, regional general manager of GE Oil & Gas […]

  • Faroe Petroleum Completes Asset Swap with Petoro

    5 December 2011
    Business & Finance

    Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic Margin, the North Sea and Norway, provides operational update following completion of the transaction with Petoro AS (“Petoro”), to swap Faroe’s interest in the Maria discovery for Petoro’s interests in a number of high quality […]

  • Norway: Lundin Reports Major Resource Increase in Avaldsnes

    30 September 2011
    Business & Finance, Project & Tenders

    Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB announce an updated estimate of the recoverable Contingent Resources from the Avaldsnes discovery in licence PL501, located in the Norwegian North Sea on the Norwegian Continental Shelf (NSC). Lundin Petroleum is the operator of PL501. The Avaldsnes discovery is estimated to contain gross Contingent […]

  • Philippines: Galoc Joint Venture Approves FEED for Phase II Field Development

    5 September 2011
    Business & Finance, Project & Tenders

    The Galoc Production Company (“GPC”), operator of the Galoc oil field offshore Palawan in the Philippines, advises that the Galoc Joint Venture has approved the commencement of Front End Engineering and Design (FEED) in support of the planned Phase II development of the field and the acquisition of new 3D seismic. The Galoc oil field […]

  • Philippines: Shell Buys Stake in Highly Prospective SC 54B Block, NW Palawan Basin

    25 October 2010
    Business & Finance

    Nido Petroleum Limited announces that it has entered into an agreement with Shell Philippines Exploration B.V. (“Shell”), a subsidiary of the Royal Dutch Shell Group, to farm-out 27% out of its current 60% participating interest in the highly prospective Service Contract 54 Block B (“SC 54B”) in the NW Palawan Basin, Philippines. Highlights of the […]

  • Philippines: Galoc Joint Venture Approves FEED and 3D Seismic Survey for Phase II Field Development

    8 September 2011
    Business & Finance, Operations & Maintenance

      The Galoc Production Company (“GPC”), operator of the Galoc oil field offshore Palawan in the Philippines, advises that the Galoc Joint Venture has approved the commencement of Front End Engineering and Design (FEED) in support of the planned Phase II development of the field and the acquisition of new 3D seismic. The Galoc oil […]

  • Nam Cheong Reveals Its 4Q 2013 Results

    26 February 2014
    Business & Finance

    Nam Cheong Limited reported its results for the three months ended December 31, 2013. The Group achieved a record revenue of RM406.1 million, which was 7% higher than the RM379.2 million received in the corresponding period last year. In line with its topline performance, the Group achieved another record-breaking net profit of RM70.2 million for […]

  • Norway: Songa Receives LoA from Statoil for Two New Cat-D Rigs

    5 July 2011
    Business & Finance

      Statoil has awarded the contract for construction of two new drilling rigs for use on the Norwegian continental shelf (NCS) to Songa Offshore. The contract for the two category D rigs is worth an aggregate USD 2,47 billion for a fixed eight-year charter period. “Stepping up our industrialisation of the NCS we are very […]

  • UAE: DP World Increases Profit by 36 pct in First Six Months of 2011

    25 August 2011
    Business & Finance

    DP World today announced financial results from its global portfolio of marine terminals for the first six months of 2011, reporting profit after tax before separately disclosed items of S281 million, 36% ahead of the same period last year. After separately disclosed items, which include a significant one off gain from the monetization of 75% […]

  • Origin Energy Profit Down, Australia

    22 August 2013

    Origin Energy Limited today announced a Statutory Profit of $378 million for the financial year ended 30 June 2013, down from $980 million reported in the prior year. The primary factors contributing to a decrease in Statutory Profit include a loss on the movement in the fair value of financial instruments, increased expenditure on Retail […]

  • Vestas Receives 100 MW Order in Germany

    30 December 2010

    With reference to Vestas Wind Systems A/S’ company announcement No. 50/2010 of 30 December 2010, a German customer has placed a large order with Vestas for turbines for various projects in Hessen, Mecklenburg-West Pomerania and Brandenburg in Germany. At the customer’s request, additional details about the customer and the projects cannot be disclosed. The order […]

  • Study: Wind and Solar Cheaper and Cleaner than Biomass

    17 October 2016
    Authorities & Government, Business & Finance, Environment, Research & Development, Technology

    Wind and solar power are likely to be less expensive than burning trees in order to replace coal in the United Kingdom, according to a new study released today by the U.S.-based Natural Resources Defense Council (NRDC). Conducted by London-based Vivid Economics, the study says these truly clean, renewable forms of energy also will help […]

  • Germany: Composites Blowing in the Wind

    19 July 2013

      Energy generated from wind is now an integral part of the power supply for all major economies and it is composites that form the rotor and capture the wind. The blades have grown in length to over 70 metres as the market matures and moves offshore. All aspects of this vital windmill component are […]

  • With inroads made in Sonangol and INA deals, UK firm expects entry into Angola early next year

    14 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    Afentra has made progress on completing deals with Sonangol and INA-Industrija Nafte to acquire interests in blocks offshore Angola.

  • Two players forging ties to establish gas-to-industry business in Morocco

    3 May 2023
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders

    Africa-focused Chariot has joined forces with Vivo Energy to develop the gas-to-industry market in Morocco.

  • Eni’s ‘significant’ new gas discovery opens doors to potential production hub tied to Bontang LNG

    2 October 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Italian oil and gas giant Eni has made a new gas discovery in the Kutei Basin offshore Indonesia, which comes with the potential to contribute substantially to the creation of a new production hub in the northern part of the basin.

  • Shipping firm buys Normand Maximus vessel and agrees charter terms with Solstad

    13 May 2022
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    American Shipping Company has acquired a new OCV and signed a long-term bareboat contract for this vessel with Solstad Offshore.

  • Saipem overhauls management team amid rating downgrade and default risk

    7 February 2022
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Project & Tenders, Rules & Regulation

    Following Saipem’s financial woes, Moody’s downgraded the company’s rating to B1 and placed all the ratings under review for downgrade.

  • Hanwa Group to build zero-emission gas carrier powered by alternative fuels

    18 January 2024
    Outlook & Strategy, Vision

    Dong Kwan Kim, Vice Chairman of South Korean business conglomerate Hanwha Group, has unveiled a new vision for the decarbonization of shipping and introduced Hanwha’s plans to build a zero-emission gas carrier at the 2024 World Economic Forum (WEF) meeting in Davos, Switzerland.