5690 results found for 'matuku'

5690 results found for 'matuku'
Order results by

A list of search results

  • USA: GE Expands its Business with Acquisition of Wood Group’s Well Support Division

    27 April 2011
    Business & Finance

      GE has completed the strategic acquisition of John Wood Group PLC’s Well Support Division, expanding GE Oil & Gas’ extensive drilling and surface manufacturing and services portfolio. The John Wood Group PLC Well Support division, which has over 3,800 employees globally and operates approximately 20 manufacturing and multiple sales and service centers worldwide, is […]

  • USA: Halliburton Breaks Record with 1Q 2011 Revenue of USD 5.3 Billion

    18 April 2011
    Business & Finance

    Halliburton (announced today that net income for the first quarter of 2011 was $557 million, or $0.61 per diluted share, excluding the Libya charge of $46 million, after-tax, or $0.05 per diluted share, related primarily to reserving certain assets as a result of recent political sanctions.   This charge does not include the operating losses incurred in Libya during the […]

  • Siemens Bolsters its Position in Subsea Sector by Acquiring Poseidon and Bennex (Norway)

    7 March 2011
    Business & Finance, Equipment

      Siemens has entered into an agreement to acquire the two subsea specialists Poseidon Group AS and Bennex Group AS from Subsea Technology Group AS, Norway. Poseidon provides subsea marinization, engineering and consulting, and has a workforce of 140 employees and consultants in Stavanger and Aberdeen. Bennex has about 160 employees in Norway (Bergen and […]

  • Scotland sets up new oil & gas strategy to secure growth

    8 February 2016

    The Scottish Government has responded to industry challenges by setting up a new plan for long term oil and gas industry growth.  According to the government’s statement on Monday, a new oil and gas strategy calls for a transformed supply chain to drive efficiency, innovation and internationalisation to ensure a long and vibrant future for the […]

  • Total, Talisman to start Technology Showcase. Seek out solutions to drive down costs

    16 February 2015
    Equipment

    Industry Technology Facilitator (ITF) has informed that “leading oil and gas industry figures” will give their views on the growing importance of technology in helping the sector tackle cost and efficiency challenges in a difficult business environment at the Technology Showcase in Aberdeen on March 4, 2015. The conference, organised by the ITF in partnership […]

  • Halliburton makes $776M in second quarter

    21 July 2014
    Business & Finance, Project & Tenders

    Halliburton has announced that income from continuing operations for the second quarter of 2014 was $776 million, or $0.91 per diluted share. This compares to income from continuing operations for the first quarter of 2014 of $623 million, or $0.73 per diluted share. Halliburton’s total revenue in the second quarter of 2014 was a record $8.1 […]

  • Profitable first quarter for Ocean Rig

    12 May 2015

    Ocean Rig UDW, an offshore drilling company owned by the Greek shipping magnate George Economou, has reported its first quarter net profit was $41.4 million. This means the company has returned to 1Q profit, as the same quarter in 2014, Ocean Rig UDW reported a net loss of $1.5 million. Revenues from drilling contracts increased […]

  • Maersk: Massive Innovative Solutions Must Happen in Next 5-10 Years

    26 February 2019
    Business & Finance, Rules & Regulation

    Maersk breaking the mould for climate targets and ambitions in the shipping industry.

  • Giant Johan Sverdrup project 70% complete. Break-even down to $15 a barrel

    7 February 2018
    Project & Tenders

    The development of the Johan Sverdrup, a giant offshore oil field in Norway, is 70 percent complete.

  • Woodside CEO: new LNG projects must be underpinned by long-term contracts

    24 November 2016

    The era of 20-year contracts is not over as suppliers cannot fund the massive investment required to build new LNG projects without long-term commitments from buyers, Peter Coleman, CEO of Australian LNG player Woodside said on Thursday. Coleman said this at the LNG Producer-Consumer Conference in Tokyo where the industry’s biggest buyers and sellers met to discuss […]

  • UK: Aveillant Completes Live Demonstration ‒ Holographic Radar™ Solves Wind Farm Clutter Issue

    18 July 2013
    Research & Development, Technology

    Aveillant has completed live demonstrations which show that its Holographic Radar™ reliably removes wind turbines from airport radar with no degradation to radar performance. The two week showcase demonstrated the technology in action at Prestwick airport, where live data from two Holographic Radars™ was integrated into an offline Air Traffic Control system. Aveillant began developing […]

  • Belgium: Binding 2030 Renewable Energy Target to Preserve EU Offshore Wind Leadership

    8 June 2012
    Authorities & Government

    European politicians need to endorse a new binding 2030 target for renewable energy sources if they want to take advantage of the EU’s position as global technological leader in onshore and offshore wind power. That was the message Wednesday from Stephane Bourgeois, Head of Regulatory Affairs at  the European Wind Energy Association (EWEA) in Brussels, […]

  • Shell places multi-million wager on hydrogen’s ability to decarbonize drillship and tanker ops

    10 May 2024
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Transition

    Shell has made a multi-million bet on a project testing hydrogen in diesel engines on marine vessels, such as drilling rigs and tankers, to curb greenhouse gas (GHG) emissions.

  • North Sea operator sanctions oil & gas field development and hands out work to Aker Solutions, Subsea7, and OneSubsea

    8 April 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    OKEA has made a final investment decision (FID) for the development of an oil and gas field in the North Sea off the coast of Norway.

  • Digitized, net zero ships at the core of Fincantieri’s new business strategy

    16 December 2022
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels, Vision

    Italian shipbuilder Fincantieri has laid out its strategy for the upcoming period putting a major focus on building up its competencies in the construction of digital and net zero ships. The company’s 2023-2027 Business Plan aims to create greater synergies between the company’s cruise, defense, and specialized offshore shipbuilding units to improve productivity and efficiency […]

  • With ‘high’ oil & gas activity in 2023, more exploration in frontier areas on Norway‘s wish list

    12 January 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Project & Tenders

    Out of the 34 exploration wells spudded on the NCS last year 23 were wildcat wells, which resulted in 14 discoveries.

  • Number of oil and gas wells set to hit 20-year low, Rystad says

    15 July 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    The COVID-19 pandemic has stymied oil and gas activity, a phenomenon which has now affected the drilling market both in terms of wells drilled and in terms of related demand for drilling equipment.

  • Several players team up to usher in new era of low carbon workforce in Scotland

    17 November 2021
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Research & Development, Transition

    In a move designed to support and build Scotland’s low carbon workforce, OPITO joined forces with the Acorn Project and Scottish Cluster to create a plan for industrial skilling and reskilling training.

  • As clean energy hub, Bacton could remain crucial to UK’s energy mix for decades – study

    9 June 2021
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Outlook & Strategy, Research & Development, Transition

    A study has concluded that Bacton is ideally positioned to become a significant hub for clean, green energy in the road to net-zero by 2050.

  • Triangle Energy finds new drilling prospects near Cliff Head platform

    23 April 2020
    Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders

    Australia-based Triangle Energy has identified three key opportunities that could be drilled and developed from the existing Cliff Head Alpha platform offshore Western Australia.

  • Equinor to Extend Statfjord Field Life

    9 January 2020
    Operations & Maintenance

    Equinor, along with its partners in the Statfjord area, has identified and approved plans to extend production from the field towards 2040. A new business plan will ensure the higher use of resources, extract more value from the field, and allow plans for decommissioning Statfjord A in 2022 to be deferred. Based on extensive mapping […]

  • IOG closes funding for Harvey appraisal well, expects to spud early next year

    14 September 2018
    Project & Tenders

    IOG has completed the funding of its 100% owned and operated Harvey appraisal well in the UK North Sea with plans to spud the well at the beginning of next year. 

  • Seadrill expects continued offshore drilling market recovery over rest of the year

    27 February 2020
    Business & Finance, Exploration & Production

    Seadrill has seen an improvement in the offshore drilling market throughout 2019. Although the pace of the recovery has slowed down at the beginning of 2020, Seadrill expects continued market recovery over the remainder of the year.

  • GE O&G Unveils New Technology Solutions Center in Norway

    26 August 2014
    Business & Finance, Equipment

    GE Oil & Gas has formally unveiled its new Technology Solutions Center (TSC) in Stavanger, Norway, yesterday, August 25, 2014.  The result of a $5m investment, the center offers a stunning visual showcase of GE’s technologies across the oil and gas industry, and has been designed to help operators achieve optimal efficiency, environmental performance and […]

  • Hess sells E. Guinea assets to focus on Guyana

    24 October 2017

    U.S. oil and gas company Hess is selling its assets in Equatorial Guinea to raise cash for its offshore development project in Guyana. The company on Monday said it would sell its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650 million, effective January 1, 2017. “This […]