5711 results found for 'matuku'

5711 results found for 'matuku'
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  • TGS sees record-high OBN contract activity following merger with PGS

    24 October 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders

    Norway-based energy data and intelligence company TGS has reported record-high ocean bottom node (OBN) contract activity in the third quarter of 2024, the first quarter including PGS, with the utilization of its streamer fleet improving on high bid activity. In Q3 2024, TGS said that the activity level within OBN acquisition was historically high, generating […]

  • Australia-bound FPSO on track for first gas in 2025 but BW Offshore facing cost overruns (Gallery)

    15 November 2024
    Business & Finance, Business Developments & Projects

    BW Offshore is anticipating additional costs of up to $150 million for the completion of the remaining work related to its newbuild floating production storage and offloading (FPSO) vessel, which is anticipated to start work at a Santos-operated giant gas project off the coast of Australia in the second quarter of 2025.

  • ‘User pays’ carbon storage levy to be introduced in UK once market is self-sustainable

    23 May 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition, Vision

    The UK’s North Sea Transition Authority (NSTA) has revealed its intention to introduce a levy on carbon storage licenses in the future, once the carbon capture and storage (CCS) industry begins operating on a more self-sustaining basis. The NSTA ran a call for evidence between December 4, 2023, and January 26, 2024, on the potential […]

  • Everfuel and Hy24 join hands for hydrogen infrastructure development

    28 February 2023
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Research & Development

    Everfuel, a Danish green hydrogen provider, and Hy24, managing a clean hydrogen infrastructure fund, have partnered up for the creation of a joint venture (JV) to finance the development of electrolyser capacity across the Nordics. The agreement includes plans to invest a total of €200 million in equity in green hydrogen infrastructure in Denmark, Norway, […]

  • Following plans to scale up gas production, Polish player secures more Norwegian acreage

    20 May 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    PGNiG has inked a deal with Wellesley Petroleum to expand its footprint offshore Norway by acquiring a stake in an Aker BP-operated field.

  • In focus: Piecing together the energy transition puzzle

    16 April 2021
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Equipment, Infrastructure, Outlook & Strategy, Project & Tenders, Storage, Technology, Transition, Vessels

    The offshore energy sector is currently going through a major change with the energy transition and sustainability as a driving force.

  • Providence Eyes Ireland Offshore Licencing Round

    27 June 2014
    Business & Finance, Operations & Maintenance

    Providence Resources P.l.c., the Irish oil and gas exploration and appraisal company, has announced its preliminary results for the year ended 31st December 2013. Throughout 2013, the Company has continued to focus on progressing the multi-well drilling programme offshore Ireland. This is the largest and most comprehensive drilling programme ever undertaken offshore Ireland, representing an […]

  • More than half of 2020’s licensing rounds at risk of cancellation, Rystad says

    15 April 2020
    Exploration & Production, Infrastructure, Market Outlooks, Outlook & Strategy

    The effect of the COVID-19 pandemic and the ongoing oil price war will likely cause the cancellation of more than half of the world’s planned licensing rounds, according to energy intelligence firm Rystad Energy.

  • Oil Search: Net Profit Up, PNG LNG Employs 14,300 Workers

    21 February 2012

    Oil Search of Papua New Guinea said today that it has lifted its full year net profit by 9% to US$202.5 million. The profit increase reflected a 45% rise in the average realised oil price, which more than offset 10.6% lower sales volumes. NPAT excluding significant items rose 64%, from US$144.1 million to US$235.7 million, […]

  • Encana Delivers Strong Q1 Results, Canada

    25 April 2012

    Encana Corporation delivered strong financial results and operational performance in the first quarter of 2012 despite further downward pressure on natural gas prices. Cash flow of US$1.0 billion, or $1.39 per share, was up 6 percent from the first quarter of 2011 supported by the company’s commodity price hedging program, which contributed $358 million in […]

  • LNG Energy Reports Gas Shows at Second Polish Well

    27 April 2011

      LNG Energy Ltd. announced that the Lebork S-1 well, on the Slupsk concession in Poland, has been successfully drilled, cased and cemented to its total depth of 3,590 meters. During drilling, numerous gas shows were recorded over 285 meters of the Lower Silurian, Ordovician and Cambrian shales. The gas shows consisted of mainly methane […]

  • UK offshore oil industry faces biggest challenge in 50 years

    26 February 2014

    Oil & Gas UK has published its Activity Survey 2014, highlighting the contradictions currently at play in the UK offshore oil and gas sector. The industry trade body’s annual report on oil and gas exploration, production and investment activities forecasts capital expenditure of around £13 billion in 2014, the second highest year for investment on […]

  • Natural Gas, Key For Europe’s Greenhouse Gas Emission Target for 2050

    24 February 2011
    Business & Finance

    Natural gas should play a key role in reaching Europe’s 2050 climate targets in the most cost-efficient manner, according to a report published today by the European Gas Advocacy Forum (EGAF). Statoil participates in the EGAF together with a number of other key gas players. The EGAF report addresses how Europe can reach the target […]

  • Pentagon not too positive on opening eastern GOM to oil & gas

    11 May 2018

    Lifting the existing moratorium on oil and gas operations in the eastern Gulf of Mexico might have a negative effect on military drills and testing conducted in the area, unless mutual restrictions are agreed by the DoD and Department of Interior (DoI). This is the main message of the report by Department of Defense’s Under […]

  • Maersk Drilling and Maersk Supply set up decommissioning JV

    12 April 2018
    Business & Finance, Exploration & Production

    Danish offshore driller Maersk Drilling and vessel provider Maersk Supply Service have established a joint venture company focused on decommissioning market. 

  • UK Shipbuilding Sector Restructuring

    7 November 2013

    BAE Systems has reached agreement in principle with HM Government on measures to enable the implementation of a restructuring of its UK naval ships business. The agreement will result in: Restructuring of the contract for the Queen Elizabeth Class Aircraft Carrier programme. Provision of additional shipbuilding work prior to the start of the Type 26 […]

  • UK: ROVOP Invests Over GBP 2 Million in Two New ROVs

    29 August 2012

    Award-winning energy services company ROVOP has bolstered its rapid growth by investing in two new innovative ROVs (remotely-operated vehicles) to add to its fleet of high-performance vehicles. Both new ROVs, which represent an investment of more than £2million, are powerful vehicles for the subsea sector with each capable of operating in deep and shallow waters […]

  • Cooper’s Sole field starts gas supply into pipeline

    31 March 2020
    Exploration & Production, Infrastructure

    Australia’s Cooper Energy has informed that its operated Sole gas field, located offshore Australia, is now producing gas to the Eastern Gas Pipeline.

  • Drilling program and well intervention campaign on Serica’s 2024 agenda in North Sea

    5 February 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Serica Energy is preparing to kick off its four-well drilling campaign and work-over program in the UK sector of the North Sea.

  • Halliburton Achieves Record First Quarter Revenue (USA)

    22 April 2013
    Business & Finance

    Halliburton announced today that income from continuing operations for the first quarter of 2013 was $624 million, or $0.67 per diluted share, excluding a $637 million charge, after – tax, or $0.68 per diluted share, to increase a reserve related to the Macondo litigation. Income from continuing operations for the first quarter of 2012 was […]

  • In focus: Transition, one step at a time

    25 August 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Equipment, Exploration & Production, Innovation, Operations & Maintenance, Transition

    When it comes to tweaking existing industrial processes to curb carbon emissions, numerous steps are being taken.

  • WFW: Biofuels trump LNG as most popular alternative for the next 5 years

    11 April 2023
    Authorities & Government, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    In 2021, LNG was the most popular alternative fuel considered by shipowners for use in the (then) next five years; twice as many as those who said they were considering biofuels. That position has now virtually reversed, with biofuels at the same level of response as LNG in 2021 while LNG has fallen by nearly […]

  • Maritime giants unite in methane abatement trial on Angelicoussis Group’s LNG carrier

    13 September 2023
    Business & Finance, Business Developments & Projects, Certification & Classification, Collaboration, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Transition, Vessels

    Major maritime industry players led by Greek shipping company Maran Gas Maritime and Swiss-based climate tech firm Daphne Technology have joined forces on a methane abatement project involving one of Angelicoussis Group’s LNG carriers, the Maran Gas Chios. Under the project, Daphne Technology’s SlipPure™ solution, an after-treatment system that cuts methane emissions on LNG-fuelled engines, […]

  • Norway to spearhead oil & gas electrification helm for years to come, forecasts Westwood

    6 July 2022
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    Westwood forecasts that Norway will continue to lead the way with low emissions intensity and electrification projects.

  • Rex’s top-priority: increasing hydrocarbon production and reserves

    14 January 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Rex described the previous year as transformational, revealing that its primary goal for the future is to increase production and reserves.