5689 results found for 'matuku'

5689 results found for 'matuku'
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  • 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.

  • Five years of emission cuts bring UK’s 2030 oil & gas decarbonization targets within reach, but more needed for cleaner energy

    13 September 2024
    Authorities & Government, Business Developments & Projects, Outlook & Strategy, Regulation & Policy, Transition

    Based on the latest report on emissions in the oil and gas industry by the UK’s regulator, the North Sea Transition Authority (NSTA), progress has been made on the decarbonization journey, however, additional effort is still required to ensure the industry will meet key emissions targets and adopt long-term reduction methods for the net-zero future. […]

  • Single-fuel or dual-fuel methanol engines for tugs?

    22 May 2023
    Green Marine, Vessels

    Single-fuel methanol engines may hold the key to a greener future for tugs, marine propulsion systems manufacturer Rolls-Royce Power Solutions (RRPS) and Maersk’s towage operator Svitzer said in a joint paper. The main driver behind the development of dual-fuel engines is fuel flexibility, allowing vessels to operate even with limited methanol availability. However, such engines […]

  • In focus: A case for a European offshore hydrogen backbone

    17 March 2023
    Business Developments & Projects, Collaboration, Exploration & Production, Infrastructure, Innovation, Outlook & Strategy, Research & Development, Storage, Technology, Transition, Vision

    300 terawatt hours (TWh) of green hydrogen could potentially be produced using electricity from offshore wind farms in the North Sea by 2050, and used not only to decarbonize hard-to-abate sectors but also to boost the security of energy supply in Europe, a new study has shown. The “Specification of a European Offshore Hydrogen Backbone” […]

  • Maersk shares 2022 ESG highlights, reports higher carbon intensity amid supply chain woes

    8 February 2023

    A.P. Moller Maersk has been a strong supporter of decarbonization in the maritime industry and it is targeting to become a net zero-company by 2040. Nevertheless, despite strong ambitions and targets, the business works in such a way that achieving these targets is often impacted by market conditions and supply chain disruptions that are out […]

  • BASF and Stolt Tankers introduce low-water chemical tanker Stolt Ludwigshafen

    29 May 2023
    Green Marine, Vessels

    Norwegian chemical tanker company Stolt Tankers and Germany-based chemical producer BASF have hosted a christening ceremony for the new low-water inland tanker Stolt Ludwigshafen. The vessel was named at BASF’s Ludwigshafen site on May 26, 2023. The ship’s godmother, Barbara Hoyer, Vice President of BASF, who played a key role in the project, wished the ship […]

  • Swedish start-up collects multi-million EU grant for full-scale wave energy device

    10 May 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition, Vision

    Swedish company Novige has been selected by the European Climate, Infrastructure and Environment Executive Agency (CINEA) to receive a multi-million euro grant to build its full-scale wave energy device.

  • Ardmore inks 1st sustainability-linked financing

    29 July 2020
    Business & Finance, Environment

    New York-listed product and chemical tanker company Ardmore Shipping Corporation has completed its first sustainability-linked finance facility with the Netherlands-based ABN AMRO, one of the founding banks of the Poseidon Principles framework. The tanker owner said that the new $15 million receivables facility replaces its existing receivables facility and contains pricing adjustment feature linked to its performance on […]

  • TotalEnergies and Petronas get stakes in Petrobras assets to expand pre-salt footprint off Brazil

    21 December 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    TotalEnergies and Petronas have increased their pre-salt portfolio, following successful bids on Petrobras -operated fields, offshore Brazil.

  • Ocean Grazer sees energy storage as final piece of energy transition puzzle

    8 July 2021
    Business Developments & Projects, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Research & Development, Storage, Technology, Transition

    Dutch clean technology start-up Ocean Grazer has completed the first live test phase of its Ocean Battery energy storage system, deemed as a ‘missing link’ in the global energy transition movement.

  • Deep Down Releases 2010 Annual Results (USA)

    18 April 2011
    Business & Finance

    Deep Down, Inc. an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, announced a net loss of $2.8 million for 2010, excluding a $10.1 million non-cash loss on contribution of the net assets of a wholly-owned subsidiary to a joint venture and a $4.5 million non-cash […]

  • Biologists: Amphipods Are Reproducing in Arctic Waters

    18 December 2013
    Business & Finance, Research & Development

    Biologists from the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI) have for the first time shown that amphipods from the warmer Atlantic are now reproducing in Arctic waters to the west of Spitsbergen. This surprising discovery indicates a possible shift of the Arctic zooplankton community, scientists report in the journal Marine […]

  • Shell moves ahead with Peterhead CCS project

    24 February 2014
    Business & Finance

    Shell has signed an agreement with the UK Government to progress the Peterhead Carbon Capture and Storage (CCS) project to the next phase of design. The project, led by Shell, with strategic support from SSE, owners of the Peterhead gas power station in Aberdeenshire, aims to capture 10 million tonnes of CO2  over 10 years. […]

  • Bassoe: Ocean Rig setting up for a new play in the harsh environment semi-sub market

    29 May 2018
    Exploration & Production

    There’s probably much more behind Ocean Rig’s recent spinoff of the Leiv Eiriksson and Eirik Raude than they’re telling us.

  • Upstream firms expect digital investments to bring faster first oil

    26 October 2017
    Equipment

    What do upstream oil and gas companies expect to gain from investing in digital initiatives? They expect faster first oil time, and better decision making, a research conducted by Accenture and Microsoft on 300 upstream leaders in 18 countries has shown. According to the results of the study released on Thursday, some two-thirds of upstream […]

  • Opus creates new jobs. Demand from North Sea operators on the rise

    14 April 2014
    Business & Finance, Equipment

    Opus has announced that, following recent acquisition by Aker Solutions, £420,000 is being invested in its Orkney-based environmental services group and four new members of staff will be recruited over the next two years. Specialist oil industry firm Opus is creating new jobs and making fresh investment in its developing environmental business due to growing […]

  • DNV GL introduces hybrid power concept for offshore units

    8 May 2014
    Business & Finance, Equipment

    DNV GL is proposing a new hybrid power concept for offshore units using batteries in combination with traditional power generation equipment. The concept has already delivered multiple advantages in the maritime and automotive industries, but has not yet been applied in the O&G industry. “We are inviting the oil & gas sector to jointly develop […]

  • Denmark: Navigant’s BTM Consult Releases New Offshore Wind Report

    20 November 2012
    Research & Development

    BTM Consult, a premier forecaster and data source for the international wind industry and part of Navigant’s Global Energy Practice, has announced that it has released Offshore Report 2013. The 250+ page Offshore Report 2013 is BTM Consult’s most comprehensive overview of the offshore wind power market to date. The report highlights developments in the […]

  • QNB: LNG supply demand shift to drive short-term deals uptake

    4 December 2017

    Changes in supply and demand and near the end long-term contracts can drive more LNG sales to spot markets and may result in the adoption of short-term sales contracts, Qatar National Bank said in a report.

  • UPDATE ON FRANCE: The great potential of offshore wind in France

    16 March 2015

    France is ranked 2nd in Europe regarding the offshore wind potential, just behind the United Kingdom. And while no wind farms are installed to date this will change in the next few years to come. Offshore WIND asked France Energie Eolienne (FEE), the French wind energy association, to provide an update on the current status and […]

  • USA: Halliburton Q1 Earnings Up

    22 April 2013

    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 $826 million, […]

  • Oil Search Net Profit at USD 175.8 Mil (PNG)

    26 February 2013

    Oil Search said its 2012 net profit after tax (NPAT) including significant items was US$175.8 million. Excluding significant items, underlying NPAT was US$153.0 million. HIGHLIGHTS Total oil and gas production in 2012 was 6.38 mmboe, within the Company’s guidance range despite several shutdowns during the year. Sales volumes for the year were 6.13 mmboe, 8% […]

  • Younger generations key to securing energy sector’s future and tackling skills deficit, report suggests

    4 November 2024
    Business Developments & Projects, Human Capital, Market Outlooks, Outlook & Strategy, Research & Development

    As part of its My Energy Future initiative, the global non-profit safety and skills body for the energy industry OPITO has published a report on barriers preventing young people from entering the energy sector to glean insights into the steps stakeholders might take to make the industry more appealing to new generations as the global energy landscape shifts from traditional fossil fuels to renewable sources.

  • Tidal energy innovators take share of £116M UK government investment

    7 December 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition

    Two tidal energy projects, led by major companies Nova Innovation and Magallanes Tidal Energy, have been selected to receive a share of £116 million to drive forward green innovation in the UK.

  • Klaipeda Port to use EU funds for dredging project

    29 November 2020
    Infrastructure

    Klaipeda State Seaport Authority and the Central Project Management Agency have inked a contract for assignment of the EU funds to dredge the navigation channel up to -15 meters in Klaipeda Port. The European Union granted 17.3 million euros for the project. With the completion of the dredging works on the navigation channel, the permitted […]