5780 results found for 'matuku'

5780 results found for 'matuku'
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  • USA: EOG Resources Reports 2010 Results

    18 February 2011

      EOG Resources, Inc. reported fourth quarter 2010 net income of $53.7 million, or $0.21 per share. This compares to fourth quarter 2009 net income of $400.4 million, or $1.58 per share. For the full year 2010, EOG reported net income of $160.7 million, or $0.63 per share, as compared to $546.6 million, or $2.17 […]

  • Interview: Well intervention market dynamics in Asia Pacific

    25 February 2015
    Equipment

    Many operators in the Asia Pacific have specialist intervention and workover teams in place that are dedicated to improving well work and ensuring enhanced production from their current portfolio or planning for a safe and effective plugging and abandonment program. Due to the challenges with ageing infrastructure and facilities in the region, accessing wells and […]

  • Norway presents 24 players with 62 oil & gas licenses amid ‘great interest’

    17 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Norway’s Ministry of Petroleum and Energy has offered 62 production licenses to 24 companies for further exploration activity on the NCS.

  • Five wells down, more to go for Borr Drilling’s jack-up off Thailand

    3 March 2025
    Business Developments & Projects, Exploration & Production

    Canada-based oil and gas company Valeura Energy has completed an infill drilling campaign at an oil field in the Gulf of Thailand using Borr Drilling’s jack-up rig.

  • Two Namibian prospects on TotalEnergies’ drilling agenda in 2025 as it puts off FID for oil discovery

    6 February 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    TotalEnergies has decided to bump a final investment decision (FID) to next year for its giant oil discovery in the Orange Basin off the coast of Namibia. However, the firm has lined up drilling activities at two prospects in the African country for 2025.

  • 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 […]

  • 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, […]

  • 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, […]

  • 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.

  • 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.

  • 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.

  • 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).

  • 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 […]

  • 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 […]

  • 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.

  • Gneiss: More UK production, fewer LNG imports key to meeting demand and keeping emissions at bay post-2030

    11 February 2025
    Business Developments & Projects, Environment, Market Outlooks, Outlook & Strategy

    Gneiss Energy, a UK-based strategic and corporate finance advisory firm operating within the energy and natural resources sectors, has published a report on the potential negative effects the UK’s gas policy discouraging investments in local gas production could have on the environment and supply.

  • Four out of six companies awarded CO2 storage licenses offshore Norway

    31 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    The Norwegian Ministry of Petroleum and Energy has awarded two new exploration licenses for CO2 storage on the Norwegian continental shelf in the North Sea to four companies. The two exploration licenses are located in the southern part of the North Sea. The eastern license is offered to Aker BP and OMV Norge, while the […]

  • Norway: Rocksource Releases Exploration Drilling Results

    27 July 2011
    Business & Finance

      Rocksource ASA has announced the drilling results from three of its five, 2011 exploration wells. Initial results show one discovery (Norvarg) and two dry holes at wells drilled to test unproven petroleum systems (Breiflabb and Kora). Wells four and five in the 2011 programme are expected to spud in September. Norvarg In June Rocksource […]

  • 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), […]

  • 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 […]

  • 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 […]