5815 results found for 'matuku'

5815 results found for 'matuku'
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  • 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.

  • Deep dive into oil and gas exploration – then, now, and ahead

    1 December 2020
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Rules & Regulation, Transition

    What will become of oil and gas exploration efforts in the near- and longer-term following a drastic decrease in the level of oil and gas investments?

  • EnQuest widens its Southeast Asian horizons with more oil & gas assets

    10 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    EnQuest, a London Stock Exchange-listed energy firm, has expanded its oil and gas footprint with the acquisition of Harbour Energy’s Vietnam business, which consists of three producing oil and gas fields.

  • 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.

  • Falkland Islands’ $1.4. billion oil project remains on track for FID in mid-2025

    24 March 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Israel’s Navitas Petroleum is still anticipating a final investment decision (FID) for Phase 1 of its giant oil project in the North Falkland Basin (NFB) mid-year.

  • 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 […]

  • Prysmian’s ‘first-of-its-kind’ FPSO subsea tie-back system in Brazil saves operator money and time for offshore oil project

    23 September 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Prysmian has provided a solution to a tie-back project in the pre-salt layer off the coast of Brazil, which it describes as a groundbreaking system envisioned to connect fields 30 kilometers (km) away to a floating production, storage, and offloading (FPSO) unit, enabling fast-tracked development of an oil project with a reduction in costs and time spent on the project’s development.

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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, […]

  • 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 […]

  • 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.

  • 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% […]

  • 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. […]

  • 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 […]

  • 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 […]