5780 results found for 'matuku'

5780 results found for 'matuku'
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  • 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 […]

  • 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).

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • EnQuest to buy the rest of Magnus field from BP

    7 September 2018

    EnQuest has exercised an option to acquire the remaining 75% interest in the Magnus field in the UK North Sea from the British oil major BP.

  • DNV GL, oil majors kick start subsea JIP

    9 March 2016

    A joint industry project (JIP) to standardize subsea processing systems has been kick-started by DNV GL with industry partners Petrobras, Shell, Statoil and Woodside. According to DNV GL, subsea development projects have been under substantial pressure due to cost inflation and the low oil price, prompting a need to simplify the industry’s approach. DNV GL says it is […]

  • Offshore Safety Awards recognize North Sea safety leaders

    18 August 2016

    Oil & Gas UK, in association with Step Change in Safety and Maersk Oil, has handed out six awards during this year’s Offshore Safety Awards held at the Aberdeen Exhibition and Conference Centre to people and companies making a positive difference to North Sea’s safety. The Offshore Safety Awards took place on Wednesday with a total […]

  • China: Yangzijiang Shipbuilding Starts 2011 on Positive Note

    29 April 2011

    – Increase of 124% in other income and increase of 210% in other gains gave a boost to the quarterly earnings – Revenue increased 14% to RMB3.05 billion with comparatively more vessels delivered during the quarter – Order book stood at 131 vessels worth USD5.38 billion as at 31 March 2011 Yangzijiang Shipbuilding (Holdings) Limited, […]

  • Equinor reveals plans for hydrogen plant with carbon capture in UK

    1 July 2020
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Equipment, Project & Tenders, Technology, Transition

    Equinor is leading a project to develop one of the UK’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage.

  • Red Emperor mulling acquisition of large offshore block in Australia

    2 December 2019

    Shares of Australia-based Red Emperor Resources spiked on Monday after the company signed a binding letter of intent to secure an option over an interest in a large offshore block in the shallow waters of the North Perth Basin, Western Australia.

  • Santos plans more cuts to counter oil price slump

    22 January 2016

    Australian LNG operator Santos on Friday said it plans to cut more costs in an attempt to plug debt holes and preserve cash as global oil and gas prices continue to fall world-wide. Santos has already in November last year initiated a A$3.5 billion cash raising to plug the debt holes caused by low oil prices. “The oil industry has […]

  • ‘Herculean effort’ needed to unleash CCUS at scale, but repurposing North Sea oil & gas infrastructure offers a boon for Europe

    23 November 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Market Outlooks, Project & Tenders, Transition

    Xodus has unveiled a new whitepaper, which was produced in partnership with Subsea7 and designed as a tool for assessing the relative cost efficiency of carbon capture, utilization, and storage (CCUS) projects and the timeline for their viability.

  • Shell Announces Fourth Quarter and Full Year 2010 Results (The Netherlands)

    3 February 2011

      At 07.00 GMT on Thursday 3 February, 2011 Royal Dutch Shell plc released its fourth quarter and full year 2010 results and fourth quarter interim dividend announcement for 2010. Royal Dutch Shell Chief Executive Officer Peter Voser commented: “Our 2010 earnings increased substantially from 2009 levels, driven by improving industry fundamentals, and Shell’s production […]

  • Halliburton Reports Q3 2013 Results

    21 October 2013

    Halliburton  announced that income from continuing operations for the third quarter of 2013 was $745 million, or $0.83 per diluted share, excluding restructuring charges of $38 million, after-tax, or $0.04 per diluted share. This compares to income from continuing operations for the second quarter of 2013 of $677 million, or $0.73 per diluted share, excluding […]

  • Fossil fuels are here to stay just like their greener brethren

    2 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Transition

    The wheels of the global energy mix continue to turn, making changes to the fossil fuel-dominated scenery more visible with new pathways being forged to push decarbonization forward and accommodate emerging energy supply sectors. Regardless, the previous year still brought multiple updates on steps the oil and gas industry took to scale up the production ante, including further market consolidation moves.

  • Eco closing in on Orange Basin block operatorship

    6 May 2025
    Business Developments & Projects, Project & Tenders

    AIM-listed and Canada-headquartered oil and gas company Eco (Atlantic) Oil & Gas is drawing closer to finalizing the acquisition of a stake, allowing it to become the operator of an exploration block in the Orange Basin offshore South Africa.