5689 results found for 'matuku'

5689 results found for 'matuku'
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  • USA: Helix Reports USD 41.3 Million Net Income for 2011 Second Quarter

    26 July 2011
    Business & Finance

      Helix Energy Solutions Group, Inc. reported net income of $41.3 million, or $0.39 per diluted share, for the second quarter of 2011 compared with a net loss of $85.6 million, or $(0.82) per diluted share, for the same period in 2010, and net income of $25.9 million, or $0.24 per diluted share, in the […]

  • Repsol’s Net Income Drops 6.1%. Upstream Unit Improves

    28 February 2013
    Business & Finance

    Spanish oil company Repsol posted net income of 2.060 billion euros for 2012, a 6.1% decline from the year earlier. At current cost of supply (excluding the change in value of the oil inventories that the company stocks as part of Spain’s strategic reserve) Repsol’s net income was 2.048 billion euros, 5.4% higher than 2011, when the earnings […]

  • Smart use of data and experience

    14 June 2016

    “Effective Knowledge management requires combining smart technology, processes, various disciplines and people within projects and organizations”, says Rob van der Spek of DNV GL. “Bringing together these elements in a focused way should enable companies to reduce the so-called costs of ignorance” “There are several themes within knowledge management for the oil and gas industry”, […]

  • ‘We have steel in the water’

    8 April 2016

    In Baltimore last September at the AWEA Offshore WINDPOWER conference the buzz words heard over and over again were “we have steel in the water.” This is, of course, a reference to the jacket foundations for the five French built GE Haliade 6MW wind turbines which will be installed on the first North American Offshore […]

  • South Korea’s Daewoo Shipbuilding to get fresh $2.6 billion bailout

    23 March 2017

    By Joyce Lee SEOUL (Reuters) – South Korean state banks are preparing a fresh $2.6 billion (2 billion pounds) bailout for floundering Daewoo Shipbuilding and Marine Engineering Co Ltd, which has built up huge losses from offshore projects and risks missing debt repayments. Without the infusion of funds, Daewoo is not expected to be able […]

  • Harnessing cutting-edge technologies to shape next-generation FPSO future

    2 January 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Infrastructure, Market Outlooks, Project & Tenders, Research & Development, Technology, Transition

    While floating production storage and offloading (FPSO) units continue to dominate the deepwater offshore oil and gas projects’ scene, these systems are being adopted for offshore green energy production to unleash clean power from renewables.

  • OMV’s revamped brand identity puts focus on sustainability

    14 June 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Transition, Vision

    OMV has revealed a new brand identity highlighting sustainability embodying the company’s ambition to become net-zero by 2050.

  • Green hydrogen goes big in EU

    11 June 2020
    Authorities & Government, Regulation & Policy

    Norwegian and German governments have, within a week apart, adopted state-level hydrogen strategies, several days after each had already earmarked funds to push this emerging industry forward within their latest packages to strengthen their national economies. Meanwhile, 93 companies – including offshore energy players – have expressed their readiness “to invest massively into the use […]

  • New development plan handed over for Indonesian project with first gas slated for 2025

    12 September 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation

    The Duyung PSC partners have submitted an updated plan of development (PoD) for a gas project off Indonesia with first gas expected in 2025.

  • Aker Carbon Capture’s modularized offshore facility wins DNV’s stamp of approval

    25 October 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    DNV has qualified Aker Carbon Capture’s modularized offshore facility, which is expected to cut emissions from oil and gas production.

  • How things stand for Valaris rigs

    29 July 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    A deep dive into Valaris fleet of rigs with details about latest contracts and extensions as well as other recent activities.

  • With carbon storage and renewables, TotalEnergies and Petronas driving energy transition forward

    29 June 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Project & Tenders, Transition

    TotalEnergies and Malaysia’s Petronas are taking steps to jointly pursue decarbonisation with carbon capture and storage and renewables.

  • With delays out of the way, UK oil & gas firm enters Angola

    10 May 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

    Afentra plc has completed the acquisition of interests in two blocks offshore Angola from Croatia’s INA-Industrija Nafte. This marks the UK player’s entry into Angola.

  • IOG takes FID for Southern North Sea project

    28 October 2019
    Project & Tenders

    Independent Oil and Gas (IOG) has now completed its farm-out transaction with CalEnergy Resources (CER) and taken a Final Investment Decision on Phase 1 of its Core Project located in the Southern North Sea.

  • Repsol Earnings Down on Libya Disruptions, Weak Refining Margins

    7 November 2013
    Business & Finance

    Repsol posted net income of 1.41 billion euros in the first nine months of 2013, calculated at current cost supply (CCS), 17.4% lower than the same period of the previous year. Adjusted net income from continuing operations was 1.572 billion euros, up 9.4% from the year-ago period. The company said its businesses have performed well despite the negative […]

  • USA: EPL Completes Acquisition of Oil-Weighted Gulf of Mexico Properties

    15 February 2011
    Business & Finance

      Energy Partners, Ltd.  announced today the closing of three transactions, including the acquisition of oilweighted Gulf of Mexico shelf properties, closing of $210 million of 8.25% senior Notes due 2018 used to fund the acquisition and entry into a new $250 million credit facility with $150 million of undrawn revolving capacity. Gary Hanna, EPL’s […]

  • INTERVIEW: Hoegh LNG eyes eight FSRU, CEO says

    26 February 2015
    Vessels

    Oslo-based Höegh LNG, which has been involved in the LNG industry for more than 40 years, has been putting a lot of effort in its floating LNG business, with the last order in November of 2014 bringing the company’s FSRU fleet size to seven in operation or under construction. In an interview with LNG World […]

  • Dana Gas Posts Net Profit of USD 33.7 Million (UAE)

    10 August 2011

    Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, has announced its financial results for quarter ended 30th June 2011, with a Net Profit after tax of AED 124 million ($33.7 million), a 276% increase compared to the second quarter of 2010. Results for 3 Months ended 30th June 2011 Revenue […]

  • Trelleborg, Saipem to Develop LNG Tandem Offloading System (Sweden)

    9 May 2013
    Equipment

    Trelleborg has teamed up with leading oil and gas industry contractor, Saipem, to develop a new LNG tandem offloading system. Derived from existing and proven technologies, the latest development in cryogenic LNG floating hoses is set to become a key component in offloading systems for future offshore FLNG projects. By enabling offshore transfer of LNG […]

  • Norway: Statoil Delivers Solid Q4 Results

    7 February 2013

    Statoil’s fourth quarter 2012 net operating income was NOK 45.8 billion. In 2012, net operating income was NOK 206.6 billion. Statoil delivered equity production of 2,004 mboe per day in 2012, increased by 8% from 1,850 mboe per day in 2011. Adjusted earnings increased by 7% to NOK 193.2 billion in 2012, from NOK 179.9 […]

  • Eric Finé, Smulders: Integrate the Logistics!

    19 October 2016
    Business & Finance

    Eric Finé, Business Development Manager at Smulders and one of the speakers at the “Supply chain in detail” session at the Offshore WIND Conference, has given his insight into the matters revolving around the offshore wind sector from the standpoint of an industry player focused on offshore wind farm substructures. Smulders is looking to capitalize […]

  • Australia: Tap Oil Announces Full Year 2010 Results

    28 February 2011
    Business & Finance

      Tap Oil Limited announced an underlying profit after tax (excluding nonrecurring items) of $2.9 million, up from a loss of $0.6 million in the previous year. Due to non-recurring items such as exploration impairments and write-downs , the company reported a loss after tax of $61.4 million, down from a profit of $6.7 million […]

  • Norway: AMC and Ezra Create Powerful Deepwater SURF Player

    22 October 2010
    Business & Finance

    Aker Solutions has agreed to transfer ownership in its subsidiary Aker Marine Contractors (AMC) to Singapore listed company Ezra Holdings Ltd (Ezra) in exchange for equity instruments in Ezra and cash. In addition, 50% of Aker Solutions’ ownership in the Aker Connector installation vessel will be transferred to Ezra. With AMC’s experienced personnel, assets and […]

  • Woodside splashes out $900 million to bring ‘global LNG powerhouse’ into play

    21 July 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    Woodside has struck a deal to bolster its liquefied natural gas (LNG) arsenal by acquiring Tellurian, a U.S.-based natural gas player.

  • 11 more FPSOs in Brazil’s pre-salt layer on Petrobras’ five-year agenda

    6 September 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

     Petrobras has unveiled plans to put 11 additional FPSO units into operation in the pre-salt layer offshore Brazil by 2027, which are anticipated to boost production, enabling it to reach 2.4 million boe.