5690 results found for 'matuku'

5690 results found for 'matuku'
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  • Equinor brings online first of five oil & gas tie-backs to existing platform offshore Norway

    8 July 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Equinor has started production from the first well in its planned five-well project on the Norwegian Continental Shelf (NCS), being developed as a tie-back to an existing offshore platform in the Norwegian Sea.

  • Borr Drilling jack-up rig going to work off Cameroon

    18 December 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Tower Resources has hired a jack-up rig from Borr Drilling, an offshore drilling contractor, for its drilling campaign offshore Cameroon.

  • Works get underway to transform Pembroke Port into Welsh marine energy hub

    25 November 2021
    Authorities & Government, Business Developments & Projects, Infrastructure, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Transition, Vision

    Works to redevelop areas within Pembroke Port and create the infrastructure needed to support the development of a world-class marine energy hub have started.

  • Saudi Arabia sets new green objectives pledging to reach net-zero by 2060

    26 October 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Outlook & Strategy, Transition, Vision

    Ahead of the UN COP26 summit in Glasgow, Saudi Arabia disclosed its aim to reach net-zero greenhouse gas emissions by 2060.

  • In focus: Energy transition nudges oil and gas into strategic reviews as renewables enter record-breaking age

    10 September 2021
    Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Regulation & Policy, Technology, Transition

    Oil and gas companies and associated supply chain have started responding to the global energy transition push by announcing strategic business reviews and expansion of focus to cleaner and emissions-free markets more aligned with net-zero targets, as renewable energy sector prepares to enter the record-breaking age bound to continue with each passing year.

  • 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% […]

  • DEA Opens 7th Licensing Round, Invites Companies to Submit Applications

    24 April 2014
    Business & Finance, Operations & Maintenance, Research & Development

    The DEA is opening the 7th Licensing Round for interested oil and gas companies, who are invited to submit applications to the DEA for new North Sea oil and gas licences. The application period ends on 20 October 2014. The areas offered for licensing are located in the Central Graben, where the majority of Danish […]

  • North Sea firm to reinforce energy security by buying ‘one of the largest undeveloped fields in the UK North Sea’

    12 July 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Waldorf Production has inked a deal to buy the entire share capital of Alpha Petroleum from Shorelight Partners to bolster energy security.

  • Australian oil & gas firm gets its hands on two high-potential Gulf of Mexico blocks

    17 July 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Prominence Energy has been awarded two adjacent exploration blocks on the U.S. Outer Continental Shelf (OCS), which are located off Texas.

  • DNV Opens Deepwater Technology Centre in Singapore

    9 January 2012
    Business & Finance, Operations & Maintenance, Research & Development

    DNV has launched a Deepwater Technology Centre in Singapore. The aim is to serve the oil and gas industry in the whole Asia Pacific region and to become a sizeable and complete competence centre for deepwater oil and gas developments. “We will capitalize on DNV’s 40 years of experience in offshore and deepwater, and on […]

  • Petrobras lowers five-year capex to $75.7B. Most of it focused on pre-salt

    5 December 2019

    Brazilian oil company Petrobras plans to invest $75.7 billion over the next five years, sell up to $30b worth of assets, boost production, and add to its decarbonization efforts.

  • Equinor decides not to exercise option on Jersey’s Buchan blocks

    8 October 2019

    Norway’s Equinor has elected not to exercise the three-month option which was granted by Jersey Oil & Gas over a 50% equity interest in respect of Blocks 20/5a and 21/1a (the Buchan blocks) in the UK North Sea. 

  • Apache cheers ‘significant oil discovery’ offshore Suriname

    7 January 2020
    Exploration & Production

    Apache has announced it has made a significant oil discovery at the Maka Central-1 well drilled offshore Suriname on Block 58.

  • Statoil boosts target for reducing CO2 emissions by 50 percent

    11 November 2015

    Since 2008, Statoil has had the aim of reducing CO2 emissions on the Norwegian continental shelf (NCS) by up to 800 000 tonnes by 2020. The Norwegian oil and gas giant has said it is already close to achieving this goal. According to the Norwegian company, this comes four years ahead of time, and therefore Statoil […]

  • Tower inks deal for acreage offshore Cameroon

    16 September 2015
    Business & Finance

    Tower Resources plc, the AIM-listed Africa-focussed oil and gas exploration company, has announced the signing of the shallow water Thali (formerly known as Dissoni) Production Sharing Contract (PSC), offshore Cameroon. The PSC signing ceremony took place on September 15, 2015 at the offices of Société Nationale des Hydrocarbures (SNH) in Yaoundé, Cameroon, in the presence […]

  • GE Expands Its Batam Facility for New Line of Subsea Wellhead Equipment

    15 May 2013
    Business & Finance, Equipment

    GE today 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 & […]

  • Statoil to Complete 50 Exploration Wells in 2013

    7 February 2013

    Norway’s Statoil today announced fourth quarter 2012 net operating income of NOK 45.8 billion. In 2012, net operating income was NOK 206.6 billion.  According to Reuters, the numbers beat market expectations. “2012 was a year of strong strategic and operational progress for Statoil. We grew our production by 8% in 2012, in line with the […]

  • Denmark offers North Sea blocks in 7th Licensing Round

    24 April 2014

    The Danish Energy Agency is opening the 7th Licensing Round for interested oil and gas companies, who are invited to submit applications to the DEA for new North Sea oil and gas licences. The application period ends on 20 October 2014. The areas offered for licensing are located in the Central Graben, where the majority […]

  • UK: Oil & gas tax cuts revealed in Budget 2016

    16 March 2016

    UK’s Chancellor of the Exchequer George Osborne has presented his Budget 2016 to the UK parliament in which it has been revealed that the oil and gas industry will be aided by tax cuts worth £1 billion. In his budget statement he said that the government believed in making the most of the UK’s oil and […]

  • Cluff boasts big increase in North Sea license prospective resources

    20 October 2016

    London-based Cluff Natural Resources has confirmed a ‘substantial’ increase in the prospective resources for its 100% held License P2248 (Block 43/11) located in the Southern North Sea gas basin. The company said on Wednesday that this resource upgrade follows the completion of a technical evaluation and Competent Persons Report on the gas resources on the license […]

  • Statoil shuffles management team and corporate structure

    12 May 2015
    Business & Finance

    Norway’s Statoil has appointed new Chief Financial Officer (CFO), and launched business area for New Energy Solutions (NES). In addition, three new Executive Vice Presidents (EVPs) are appointed as members of the Corporate Executive Committee (CEC). CFO Torgrim Reitan is appointed EVP for Development & Production USA (DPUSA) after Bill Maloney decided to not prolong […]

  • Wood Mackenzie: Domino discovery could trigger burst of investment in Black Sea

    24 April 2015

    At yesterday’s annual BBSPA conference in Vienna Wood Mackenzie presented its latest analysis of the competitiveness of Black Sea deepwater developments and the significant Domino discovery, which look set to dramatically influence the region’s gas supply dynamics and corporate landscape. According to Wood Mackenzie, the Black Sea’s potential has already attracted the attention of the […]

  • Itapoa Terminais Portuarios Becomes First Terminal to Go Live with Navis SPARCS N4 in Brazil

    30 June 2011
    Business & Finance

      Navis, a part of Cargotec Corporation, today announced Itapoá Terminais Portuários went live with Navis SPARCS N4 terminal operating system (TOS), helping Itapoá more effectively manage the large volume of international import cargo and its distribution through coastal shipping to other ports in Brazil and South America. Itapoá Terminais Portuários, a greenfield site, opened […]

  • Northland Power Takes Stake in Three Nordsee Wind Farms

    4 September 2014

    Northland Power Inc., (“Northland”) Toronto, and RWE Innogy GmbH, Essen, have signed an agreement for Northland to acquire an 85% equity stake in three offshore wind projects, consisting of Nordsee One, a 332 megawatt (MW) project currently in advanced development, as well as Nordsee Two and Nordsee Three, which are in early stages of development. […]

  • Offshore Wind Power Drives Development of New Technologies (USA)

    22 February 2012

    Wind energy is the most mature technology among all renewable energy solutions. Finding appropriate sites for developing onshore wind farms might, however, soon pose a challenge due to dense urbanization (especially in western Europe) and concerns about the negative visual impact that wind farms could have on the surrounding environment. This is creating a promising […]