5780 results found for 'matuku'

5780 results found for 'matuku'
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  • 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 […]

  • 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 […]

  • Historic year ahead for U.S. Gulf of Mexico, WoodMac says

    20 December 2018

    Next year is shaping up to be a good one in the U.S. Gulf of Mexico, Wood Mackenzie said on Wednesday.

  • Bahamas Petroleum sets new spud date as Stena picks rig for offshore well

    25 September 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Offshore drilling contractor Stena Drilling has nominated a drillship to drill an exploration well offshore The Bahamas for Bahamas Petroleum Company (BPC).

  • Equinor Aims to Extend Platform Electrification from Land

    11 June 2018
    Business & Finance, Equipment, Operations & Maintenance

    Equinor and partners are looking at the possibility of supplying power from land to three platforms that are currently powered by gas turbines. The transition may cut CO2 emissions from Troll C and the Sleipner area by more than 600,000 tonnes per year. The platforms that may be powered from land are Troll C and […]

  • OEEC 2018: Oil age to end sooner than anticipated

    24 October 2018

    Global Oil Event, the third of the four keynote sessions at the OEEC, was held on Wednesday, October 24.

  • 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 […]

  • 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 […]

  • Aker Energy concludes appraisal campaign offshore Ghana

    29 April 2019

    Oil and gas company Aker Energy has concluded the appraisal drilling campaign at its operated Deepwater Tano Cape Three Points (DWT/CTP) block offshore Ghana. 

  • 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 […]

  • 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 […]

  • 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 […]

  • Guyana: Orinduik partners in budget planning for 2020 drilling program

    24 October 2019

    Following its recent two oil discoveries, Tullow Oil and its partners in the Orinduik block located offshore Guyana are reviewing multiple prospects on the block and working to approve the budget for the 2020 drilling campaign.