5752 results found for 'matuku'

5752 results found for 'matuku'
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  • I.M. Skaugen Posts 3Q 2011 Results (Norway)

    17 October 2011

    The I.M. Skaugen Group (IMSK) announced third quarter 2011 results. The pre-tax result for 3Q11 was negative USD2 mill compared to zero result for 3Q10. The result of the 3Q11 on an EBITDA basis was USD8.4 mill compared to USD7.9 mill for the 3Q10. The pre-tax result was negative USD6 mill YTD 3Q11 compared to […]

  • Chariot Oil & Gas Announces Operational Update

    19 February 2013
    Business & Finance, Operations & Maintenance

    Chariot Oil & Gas Limited, the Africa focused oil and gas exploration company, provides an operational update across its portfolio and a revised forward-looking work programme. Over the last year the Company has drilled two exploration wells and acquired 3,500km2 of 3D seismic data in Namibia; acquired an exploration licence and 3,500km2 of 3D seismic […]

  • Gas uptick for Shell’s North Sea development project

    15 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell has disclosed better porosity and permeability than previously assumed for its natural gas discovery in the North Sea, which is situated on the UK Continental Shelf (UKCS). This led the firm’s partner, Deltic Energy, to reveal a boost in recoverable gas volumes from the project.

  • Canada’s stalled $12-billion oil project takes step forward with new FPSO awards

    23 January 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Equinor has started the ball rolling to develop its controversial Bay du Nord oil project off the coast of Newfoundland and Labrador by awarding preliminary front-end engineering design (pre-FEED) work to BW Offshore and Altera Infrastructure.

  • 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.

  • 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.

  • 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 […]

  • 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.

  • 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.

  • 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.

  • 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 […]

  • 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 […]

  • USA: Halliburton CEO Pleased with Q3 Results

    17 October 2011

    Halliburton announced today that income from continuing operations for the third quarter of 2011 was $867 million, or $0.94 per diluted share, excluding a $19 million, after-tax, or $0.02 per diluted share, impairment charge on an asset held for sale in the Europe/Africa/CIS region. This compares to income from continuing operations for the second quarter […]

  • USA: Halliburton Reports First Quarter Results

    18 April 2011

      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 […]

  • UK sees record low oil & gas exploration activity

    27 September 2016

    Around 120,000 jobs have been lost in the UK’s offshore oil and gas sector since 2014, according to Oil & Gas UK’s report which also highlighted the need to boost a record low exploration on the UK continental shelf.  Oil & Gas UK, a representative body for the UK’s offshore oil and gas industry, published its […]

  • GE Oil & Gas opens Technology Solutions Center in Stavanger (Norway)

    27 August 2014
    Business & Finance, Equipment

    GE Oil & Gas formally unveiled its new Technology Solutions Center (TSC) in Stavanger, Norway. 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 safety, both now and in […]

  • Lundin Petroleum’s 2P Reserves at 194 Million Barrels

    22 January 2014

    Lundin Petroleum AB, a Swedish independent oil and gas exploration and production company, has announced that as at 31 December 2013 its net proven and probable working interest reserves (“2P Reserves”) are 194.1 million barrels of oil equivalent (MMboe), its best estimate (“2C”) Contingent Resources excluding the Johan Sverdrup field are 342 million barrels of oil […]

  • Europe’s 17 Bln Boe of Yet-to-Find Oil and Gas Volumes Attract Companies

    4 September 2013
    Business & Finance

    At Offshore Europe in Aberdeen, Wood Mackenzie presented its view of the role of independent oil and gas companies globally. This peer group has been at the forefront of conventional exploration, playing a key role in opening up giant new plays. With the Independents now taking an increasingly large share of license awards across Europe, […]

  • 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. 

  • 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 […]

  • Norway achieves record gas sales

    11 January 2018

    Never before has so much gas been sold from the Norwegian shelf as was the case in 2017, according to a report by the Norwegian Petroleum Directorate (NPD). 

  • 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.

  • NOAA Proposal Extends Rule Reducing Risk of Whale Ship Strikes along US East Coast

    6 June 2013
    Business & Finance

    NOAA Fisheries Service is seeking comments on its proposal to make permanent the rules it implemented five years ago to reduce the number of collisions between ships and North Atlantic right whales. Right whales are among the most endangered species in the world, and are highly vulnerable to ship collisions. The rules, part of NOAA’s […]