5690 results found for 'matuku'

5690 results found for 'matuku'
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  • Oil & Gas UK CEO: Britain’s Offshore Oil and Gas Industry is Well Worth Supporting

    5 July 2012
    Business & Finance

    Oil & Gas UK’s 2012 Economic Report, published today (5 July), highlights how constructive engagement between the Government and industry on the stewardship of the UK’s oil and gas resource over the last twelve months has succeeded in promoting investment and increasing the reserves planned for recovery. This in turn has created valuable supply chain […]

  • Seadrill 3Q net income at $315M

    25 February 2014

    Seadrill has reported that its consolidated revenues for the third quarter of 2013 were US$1,280 million compared to $1,268 million in the second quarter of  2013. The increase is primarily due to the inclusion of Sevan Drilling and jack-up rigs AOD II and West Tucana, and tender rigs T-15 and T-16 entering the fleet, offset […]

  • Wood Mackenzie Advises Explorers to Reload with Quality New Acreage

    5 December 2013

    A comparison of Wood Mackenzie’s latest ranking of company exploration performance with the findings of similar analysis published back in 2005 reveals a striking absence of correlation: today’s top explorers, by and large, are not the same as those of a decade earlier. In fact, most of the companies that ranked in the top half […]

  • Petronas chooses Air Products’ LNG technology for PFLNG 2

    29 April 2014
    Business & Finance, Equipment, Infrastructure, Project & Tenders

    Air Products, the global leader in liquefied natural gas technology and equipment, has announced the signing of an agreement with JGC Corporation to provide its proprietary LNG technology, equipment and process license for PETRONAS’ second floating LNG project (PFLNG 2) to be located off the coast of Malaysia. Air Products’ equipment and technology will be […]

  • Norway Upstream Sector Thriving, Wood Mackenzie Report Says

    10 January 2013

    Wood Mackenzie’s annual review of the Norwegian upstream sector shows that the country’s oil and gas industry is thriving: 2012 was a record year for capital investment, M&A activity, and licences awarded. However, this was tempered by an underwhelming year for exploration and concerns about the sector overheating, as the ramp-up in activity on the […]

  • Mexico: Pemex Fears the Drinking Straw Effect

    27 April 2010

    Officials at state oil monopoly Petroleos Mexicanos, or Pemex, can do little more than watch from the sidelines as oil majors break deep-drilling records on the U.S. side of the Gulf of Mexico. The recent startup of the massive Perdido offshore drilling hub — a joint-venture of Royal Dutch Shell Plc (RDSB), Chevron Corp. (CVX), […]

  • Statoil Earnings Down

    7 February 2014

    Statoil’s fourth quarter 2013 net operating income was NOK 43.9 billion. In 2013, net operating income was NOK 155.5 billion. At today’s Capital Markets Update, Statoil presents its plan for reduced capital expenditure by more than USD 5 billion from 2014-16 compared to previous plans. This will enable positive organic free cash flow after dividend […]

  • BP Presents 2014 Global Energy Review at WPC in Moscow

    16 June 2014

    The BP Statistical Review of World Energy 2014 – launched today at the World Petroleum Congress meeting in Moscow – reveals how the world of energy echoed broader global themes in 2013. Emerging differences in global economic performance, geopolitical uncertainty and ongoing debates about the proper roles of government and markets are all reflected in […]

  • Renewable Energy Joint Venture Investments to Decline in Upcoming Year (USA)

    5 December 2011
    Business & Finance

    The amount of venture capital entering cleantech will decline in 2012 for the first time since the global economic downturn in 2008, according to cleantech analysis and consulting company Kachan & Co. The firm, with offices in San Francisco, Toronto and Vancouver, has published a set of predictions for the cleantech sector in 2012.  In […]

  • New five-year assignment in Equatorial Guinea brings $350 million to Petrofac

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

    Petrofac has won a long-term technical services contract to support the operation of the Block B asset off the coast of Equatorial Guinea.

  • UK’s pursuit of digitalization making way for integrated energy system to boost security of supply and net zero aspirations

    12 April 2024
    Business Developments & Projects, Collaboration, Environment, Innovation, Research & Development, Rules & Regulation, Transition

    Aimed at enhancing collaboration and data sharing among North Sea players, the principles should enable the UK to fortify energy security.

  • Delays hinder UK oil & gas player’s entry into Angola but offshore blocks’ potential seen as silver lining

    7 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    Afentra plc has run into delays in completing deals with Sonangol and INA, which will allow it to acquire interests in blocks offshore Angola.

  • Solstad selling its PSV fleet to Tidewater for $577 million

    7 March 2023
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels, Vision

    Norwegian shipping company Solstad Offshore has agreed to sell its platform supply vessel (PSV) fleet to U.S. offshore vessel operator Tidewater for a total cash consideration of approximately $577 million, marking an exit from the PSV segment. The PSV fleet consists of 37 vessels, all of which are currently working worldwide, principally in the North Sea, […]

  • How will UK’s energy windfall tax hike impact oil & gas players?

    2 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    Moody’s has highlighted that the rise in the energy windfall tax will crimp the North Sea producers’ free cash flow generation.

  • Shell sells stake in deepwater block off Indonesia

    25 July 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Shell has inked a sale and purchase agreements with Petronas and Pertamina to divest its entire stake in a deepwater block off Indonesia.

  • Boosting production from ageing wells and oil & gas discoveries to propel growth in well intervention market

    28 December 2021
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Research & Development, Transition

    Fortune Business Insights expects global well intervention market growth to be driven by initiatives to boost production from ageing wells and oil and gas discoveries.

  • Knowledge sharing a key to sustainable net-zero energy mix of the future

    26 October 2021
    Collaboration, Innovation, Outlook & Strategy, Technology, Transition, Vision

    Sharing (renewable energy know-how) is caring (for the world) has been the basic underlying message shared by the speakers of the OEEC’s first talk show that discussed the importance of collaboration for ensuring the sustainable energy mix of the future

  • MeyGen Subsea Turbines Lose to Offshore Wind

    11 September 2017
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Atlantis’s tidal stream project in northern Scotland, MeyGen, was not awarded a contract for difference (CfD) from the Department for Business, Energy & Industrial Strategy (BEIS) in this allocation round in respect of Phase 1C of the project. According to Atlantis, cost reduction for the Phase 1C achieved through improvements in the technology, larger turbines, […]

  • Oil Search: PNG LNG Project Makes Good Progress (Papua New Guinea)

    23 August 2011

    Oil Search announced results for the six months ended 30 June 2011. Highlights – Oil Search reports that profit after tax for the six months to 30 June 2011 was US$114.5 million, compared to US$52.9 million in the corresponding period of 2010. The 117% increase in net profit was primarily driven by a 53% increase […]

  • Cyprus: Prosafe Announces Rig Utilisation Drop

    25 May 2011
    Business & Finance

      Operating profit for the first quarter came to USD 14.1 million (USD 40 million). Utilisation of the rigs declined to 61 per cent (73 per cent). Safe Esbjerg, Safe Lancia, Jasminia, Safe Hibernia, Safe Britannia and Safe Regency have been fully utilised in the first quarter. MSV Regalia operated for BP at Valhall on […]

  • DNS’s CEO receives Significant Achievement Award

    21 March 2014
    Business & Finance

    Decom North Sea (DNS’s) chief executive Brian Nixon received one of the oil & gas industry’s most prestigious accolades when he was presented with a Significant Achievement Award at the Offshore Achievement Awards (20 March 2014).

  • Tullow exits PEL30 license off Namibia

    26 October 2018

    Tullow Oil has decided to withdraw from the PEL30 license (Cooper Block) offshore Namibia. This was confirmed by Eco Atlantic, Tullow’s partner in the block.

  • Spain: Gas Natural Fenosa Profit Grows

    7 May 2013

    Gas Natural Fenosa’s net profit was 411 million euros, while its EBITDA grew by 2.2% to 1.329 billion thanks to its international business. The EBITDA from the energy multinational’s international business grew by 8.1% and represented 44.1% of the consolidated total at the close of the first quarter of this year. In contrast, the EBITDA […]

  • In focus: Spotlight on hydrogen valleys, blue economy startups and concepts

    28 July 2023
    Business Developments & Projects, Research & Development, Technology

    As the world faces record-breaking high temperatures, the offshore energy sector is trying to stay on the net-zero course – embracing its extensive role in the energy transition. In this process, the industry is dealing with the following goals: to provide energy that is secure, affordable and lower in carbon. Let’s kick off things with a hydrogen […]

  • WoodMac pinpoints five global energy transition themes through Asian lens

    26 June 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    Wood Mackenzie, an energy intelligence group, lists five global challenges in the energy transition story from the Asian perspective.