5690 results found for 'matuku'

5690 results found for 'matuku'
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  • Australia: Santos Completes €650 Million Hybrid with 100% Equity Credit from S&P

    17 September 2010

    Santos today announced the issue of €650 million in Subordinated Notes (approximately A$900 million). Standard & Poor’s have confirmed that the hybrid will receive 100% equity credit. Santos Executive Vice President and Chief Financial Officer Peter Wasow said the hybrid issue demonstrates Santos’ ability to source capital from a diverse range of sources on attractive […]

  • With giant newbuild FPSO anchored at Norwegian field, hook-up and first oil next on the agenda

    17 September 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Equinor has anchored its new floating production, storage, and offloading (FPSO) vessel to the seabed with mooring lines and will proceed to complete the rest of the items on the production start-up list to bring its oil project in the Barents Sea online, enabling the FPSO unit to embark on a three-decade assignment off the coast of Norway. 

  • Norway boasts 20 development projects as exploration activity rises

    16 July 2018

    As many as 20 development projects are currently under way on the Norwegian Shelf, and 13 exploration wells in the first half of 2018 have yielded six discoveries, according to the Norwegian Petroleum Directorate (NPD). However, production has been somewhat lower in the first six months of the year as compared with the same period […]

  • Study: Low-pressure CO2 ship transport chain is technically feasible

    8 July 2024
    Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Research & Development

    There are no technological showstoppers to a low-pressure CO2 ship transport chain, a new report found.

  • Aker BP’s multi-billion oil project moves forward with steel cutting for 1,000-ton module

    15 August 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Aker BP is progressing with the development of its recently greenlighted project on the Norwegian Continental Shelf (NCS) with the cutting of the first steel for an approximately 1,000-ton module to be built at Nymo.

  • IEA-OES: Sustained innovation and cross-border collaboration marks 2021 for ocean energy

    10 March 2022
    Business Developments & Projects, Collaboration, Equipment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Technology

    Ocean Energy Systems (OES), a technology collaboration program within the International Energy Agency (IEA), has provided an overview of ocean energy activities in 2021 in its newly released annual report.

  • Stronger price environment pushes Eni 1Q profit past $1 billion

    30 April 2021
    Business & Finance, Business Developments & Projects

    Italian oil and gas company Eni booked a net profit of over $1 billion in the first quarter of the year due to a strengthened upstream price environment.

  • Deloitte Forecasts Lower Activity in North Sea in 2014

    1 May 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Deloitte’s Petroleum Services Group (PSG) has provided detailed information on proposed new and completed wells and an overview on all licensing and deal activity in North West Europe. This review is collated from information produced by PSG’s Weekly Service, a report distributed to subscribers each Wednesday. The analysis contained within the latest review (Q1 2014) […]

  • 2012, Year of Strong Progress for Statoil, CEO Says (Norway)

    7 February 2013
    Business & Finance, Operations & Maintenance

    Statoil’s fourth quarter 2012 net operating income was NOK 45.8 billion. In 2012, net operating income was NOK 206.6 billion. Statoil delivered equity production of 2,004 mboe per day in 2012, increased by 8% from 1,850 mboe per day in 2011. Adjusted earnings increased by 7% to NOK 193.2 billion in 2012, from NOK 179.9 […]

  • Western Link Cuts Prysmian’s 2014 Profit Projections

    1 August 2014
    Business & Finance, Equipment, Operations & Maintenance

    The Board of Directors of Prysmian S.p.A. has approved the Group’s consolidated results for the first half of 2014. Group Sales amounted to €3,287 million compared with €3,504 million in the first half of 2013, posting organic growth of +1.3%, assuming the same group perimeter and excluding metal price and exchange rate effects. Without the […]

  • Petrobras hits new production record

    24 December 2014
    Exploration & Production, Project & Tenders

    Brazil’s Petrobras has reached, on December 21st, “a new historical record” of daily oil and NGL production, producing 2 million 286 thousand barrels. Produced volume does not take into account the share of partners, and broke the previous record of 2 million 257 thousand barrels from December 27th, 2010. Petrobras has also broken, on December […]

  • Petrobras posts record loss as oil price slump forces writedowns

    22 March 2016
    Business & Finance

    Brazil’s state-controlled oil company Petrobras posted its biggest-ever quarterly loss on Monday after booking a large writedown for oil fields and other assets as oil prices slumped and refinery projects faltered.

  • Oil & Gas UK calls for urgent tax reform

    8 March 2016

    Oil & Gas UK on Tuesday, March 8, set out its proposals for tax changes in the forthcoming Budget to boost the industry’s competitiveness and investors’ confidence in the UK continental shelf. In the proposal, Oil & Gas UK called for a permanent cut of 20 percentage points.  The calls for urgent tax reform follow the trade […]

  • Aker BP to boost output in 2017

    16 January 2017

    Norwegian E&P player Aker BP expects to boost its production in 2017, aiming for a 12 percent growth rate by 2023.  In 2016, Aker BP’s production was 118,200 barrels of oil equivalents per day (boepd), about 80 percent oil and 20 percent gas, the company said on Monday. In 2017, production is expected to increase […]

  • PDVSA eyes $4.7 billion debt issue to pay service companies

    6 October 2016

    By Corina Pons and Brian Ellsworth CARACAS (Reuters) – Venezuelan state oil company PDVSA is seeking to issue up to $4.7 billion (3.7 billion pounds) in debt securities to settle unpaid bills to contractors, according to a document seen by Reuters, as the cash-strapped firm scrambles to cope with low oil prices. The proposal signals […]

  • USA: Noble Energy’s CEO Highlights Record 4Q Production

    9 February 2012
    Business & Finance

    Noble Energy, Inc. reported today a fourth quarter 2011 net loss of $296 million, or $1.67 per share diluted, on revenues of $985 million. Results for the quarter included an asset impairment charge and an unrealized commodity derivatives loss. Excluding these items, fourth quarter adjusted net income was $211 million, or $1.18 per share diluted. […]

  • Noble Energy: $1.5 B Set Aside for Global Deepwater Activities in 2014

    17 December 2013
    Business & Finance

    Noble Energy, Inc. today announced its 2014 capital program and guidance, and updated certain guidance items for the fourth quarter of 2013. Total capital expenditures are estimated at $4.8 billion for 2014, with investments allocated 70 percent to U.S. Onshore and 30 percent to Global Deepwater activities.  Total sales volumes for 2014 from continuing operations […]

  • BG Operating Profit at USD 1.9 Billion in Q3 (UK)

    25 October 2011

    BG Group plc today reported its 2011 third quarter results. Third Quarter Key Points • Total operating profit up 17% year-on-year to $1.9 billion • Cash flow from operations up 59% year-on-year to $2.7 billion • Production up 1%, held back by outages at UK facilities which are now back onstream • 2011 LNG total […]

  • IEA Releases “Developing a Natural Gas Trading Hub in Asia” Report

    26 February 2013

    Amid region’s growing reliance on imports, Developing a Natural Gas Trading Hub in Asia identifies obstacles and opportunities for establishing a gas market that reflects supply-demand fundamentals. Asia is expected to become the world’s second-largest gas market by 2015. And yet this market is dominated by long-term contracts in which the price of gas is […]

  • Statoil Invests in Technology for US Shale Gas Operations

    27 August 2012

    Statoil Technology Invest (STI) will during 2012 invest NOK 150 million of venture capital in early stage technology companies. The last five years we have invested NOK 800 million in companies to develop technology that can create value for in Statoil’s operations. In 14 of the companies where we have an ownership stake we have […]

  • Pembroke Dock Marine Project Pushes Forward

    1 November 2019
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    The Swansea Bay City Deal’s Joint Committee has signed-off a detailed business case for the £60 million Pembroke Dock Marine project, which will now be submitted to the UK Government and Welsh Government for final approval. Led by the private sector and supported by Pembrokeshire County Council, Pembroke Dock Marine is expected to be worth […]

  • EWEA: Rising Energy Dependency Endangers Europe’s Economy (Belgium)

    27 May 2013
    Authorities & Government

    The issue of energy may have been overshadowed by that of tax at yesterday’s EU summit of Heads of State in Brussels, but its growing importance and impact on Europe’s economy is one that cannot be ignored. Written by Zoë Casey, EWEA (Additional reporting by Chris Rose) As the Financial Times reported on Tuesday, Europeans […]

  • OEEC 2018: Keep exploring, keep inspiring, keep transforming

    26 October 2018

    Offshore Energy Exhibition & Conference 2018 brought together 550 exhibitors and over 10,000 unique visitors in halls 1, 2 & 3 of Amsterdam RAI. The conference and side events attracted over 1,000 delegates. The next Offshore Energy Exhibition & Conference takes place on 7, 8 and 9 October 2019. Offshore Energy 2018 kicked off with […]

  • Greater Consolidation for Wind Energy Market with Fewer but Stronger Participants (UK)

    9 November 2011
    Business & Finance

    The European wind energy market is just starting to recover from the economic downturn in 2009. As demand stabilises, steady growth is forecast. At the same time, the market is poised for greater consolidation that will result in the emergence of fewer but stronger participants. New analysis from Frost & Sullivan , European Wind Energy […]

  • OEEC 2018: Keep Exploring, Keep Inspiring, Keep Transforming

    26 October 2018

    Offshore Energy Exhibition & Conference (OEEC) 2018 brought together 550 exhibitors and over 10,000 unique visitors in halls 1, 2 & 3 of Amsterdam RAI. The conference and side events attracted over 1,000 delegates. The next Offshore Energy Exhibition & Conference takes place on 7, 8 and 9 October 2019. Offshore Energy 2018 kicked off […]