5780 results found for 'matuku'

5780 results found for 'matuku'
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  • 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 […]

  • IOG eyes Maersk rig for Harvey appraisal well

    7 May 2019
    Exploration & Production

    Independent Oil and Gas (IOG) has made progress with preparations to drill the high-impact Harvey appraisal well located in the UK North Sea. The company has selected a jack-up drilling rig, appointed a well operator, and is finalizing an agreement with Halliburton for the provision of offshore drilling services.

  • UK enriches its gas arsenal as another North Sea well comes online

    13 June 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    IOG has brought on stream another well, as part of the Saturn Banks Project – Phase 1 in the Southern North Sea.

  • More rig market consolidation on the cards as Transocean and Seadrill ponder merger

    25 October 2024
    Business & Finance, Business Developments & Projects

    A new merger may soon be visible on the rig market horizon, as the Switzerland-based offshore drilling contractor Transocean is now allegedly contemplating a business combination with its Bermuda-headquartered rival Seadrill.

  • Spirit Energy farms into Hurricane’s West of Shetland licenses

    3 September 2018
    Exploration & Production, Infrastructure

    Spirit Energy has farmed into 50% of Hurricane Energy’s Lincoln and Warwick licenses offshore UK.

  • MARC Affirms AAAID Rating on MISC’s IMTN Programme

    2 April 2014

    MARC has affirmed its AAAID rating on MISC Berhad ‘s RM2.5 billion Islamic Medium Term Notes (IMTN) programme. The outlook on the rating is maintained at stable. The rating action incorporates the group’s leading position in the LNG shipping segment derived largely from its long-term contracts with its parent company PETRONAS as well as MISC’s […]

  • Norway: Statoil Launches Energy Perspectives Report

    14 June 2013

    Statoil launched its “Energy Perspectives” report describing the long-term macroeconomic and market outlook based on studies conducted by Statoil’s in-house analysis team. Economic development continues to drive energy demand Increase in demand expected for all energy sources – but considerable improvement in global energy efficiency Demand for oil expected to rise by ~15 million barrels […]

  • UK: BG LNG Profit Down 12 Pct

    31 October 2013

    BG of UK said its LNG Shipping & Marketing total operating profit decreased 12% to $602 million in the third quarter of 2013, as the impact of fewer cargo deliveries and reduced margins was partly offset by lower hedging losses. During the quarter, BG Group delivered 44 LNG cargoes, six fewer than in the third […]

  • 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 […]

  • Aker BP hands in development plans for three offshore fields

    15 December 2017
    Project & Tenders

    Aker BP has submitted the plans for development and operations for three offshore fields to the Norwegian authorities. 

  • Subsea UK and OPITO Awarded GBP 2 Million Fund

    30 October 2012
    Business & Finance

    Global-leading energy industry bodies Subsea UK and OPITO have each been awarded part of a £2million fund aimed at attracting vital new entrants into the industry and helping people to diversify their skills. Scotland’s leading diver training facility, The Underwater Centre in Fort William, has also secured a share of The Energy Challenge Fund, set […]

  • Fincantieri, RINA team up with newcleo to test feasibility of nuclear naval propulsion

    25 July 2023
    Business & Finance, Business Developments & Projects, Certification & Classification, Collaboration, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition, Vessels

    newcleo, a London-based nuclear technology company developing Generation IV reactors using nuclear waste as fuel, has signed a cooperation agreement with Italian shipbuilding major Fincantieri and RINA classification society. The trio has agreed to carry out a feasibility study for nuclear applications to the shipping industry, including newcleo’s lead-cooled small modular reactors (SMRs) technology. The deployment […]

  • Statoil: Oil Demand to Peak Around 2030. Natural Gas Fuel of the Future

    14 June 2013
    Business & Finance

    Statoil today launches its “Energy Perspectives” report describing the long-term macroeconomic and market outlook based on studies conducted by Statoil’s in-house analysis team. Highlights: Economic development continues to drive energy demand Increase in demand expected for all energy sources – but considerable improvement in global energy efficiency Demand for oil expected to rise by ~15 […]

  • DNV: Hydrogen likely to have limited uptake in deep-sea shipping

    12 September 2022
    Green Marine, Market Outlooks, Outlook & Strategy, Transition

    The adoption of hydrogen as marine fuel for deep sea-going vessels seems to be lagging behind its counterparts such as methanol and ammonia. Hydrogen is an attractive fuel for internal combustion engines and its combustion produces no greenhouse gas emissions. However, hydrogen needs to be compressed (700 bar) or liquified (-253 °C), which requires substantial […]

  • UK player increasing its stake offshore Angola

    19 July 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Afentra plc has inked a deal with Croatia’s INA-Industrija Nafte to acquire the latter’s interests in two blocks offshore Angola.

  • Equinor finds ‘high-value barrels’ in North Sea

    5 April 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Equinor has made a significant hydrocarbon discovery with excellent reservoir quality in the Kveikje exploration well, located off Norway.

  • Equinor gearing up for exploration campaign in Canada to boost Bay du Nord resources

    15 April 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Vessels

    Norway’s Equinor is mobilising to drill two exploration wells in waters offshore Canada, which could add to its Bay du Nord offshore project development.

  • Hydrogen enjoying unprecedented momentum as one of the pillars in energy transition

    24 August 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Research & Development, Technology, Transition

    Hydrogen, described as a game-changer, a holy grail, and a key pillar in the energy transition process, is enjoying unprecedented momentum.

  • UK needs to electrify oil & gas platforms to reach net-zero goal, Rystad says

    17 September 2020
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Transition

    The British government has set a goal to reach net-zero emissions by 2050 and electrification of oil and gas platforms on the UK continental shelf (UKCS) should play an important role in efforts to achieve this target.

  • An Insight into Floating Lidar

    4 March 2019

    Offshore wind farm development and operation are by nature more challenging than onshore, with additional environmental parameters to control and design for. More than 12 years ago, floating LiDAR (lidar) devices were introduced to the offshore wind industry – to meet a specific market need. Developers in the growing, but not yet mature, offshore wind […]

  • France: Technip Releases Record Fourth Quarter Results

    16 February 2012
    Business & Finance, Operations & Maintenance

    On February 14, 2012, Technip’s Board of Directors approved the audited full year 2011 consolidated accounts. FULL YEAR 2011 RESULTS • Revenue of €6,813 million, of which €2,972 million in Subsea • Group operating margin1 of 10.4% • Net income of €507 million « Fourth quarter 2011 order intake of €2,239 million: backlog of €10,416 […]

  • 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.

  • Equinor to extend the life of Statfjord field towards 2040

    9 January 2020
    Project & Tenders

    Equinor and its partners in the Statfjord area have identified and approved plans to extend production from the field towards 2040. 

  • Cooper’s Sole field starts gas supply into pipeline

    31 March 2020
    Project & Tenders

    Australia’s Cooper Energy has informed that its operated Sole gas field, located offshore Australia, is now producing gas to the Eastern Gas Pipeline. The Cooper-operated Sole gas field is located in the eastern part of the Gippsland Basin, approximately 40km offshore Victoria, Australia. The project involves the development of the Sole offshore gas field and […]

  • In focus: Energy and shipping sectors in symbiosis for net-zero

    23 April 2021
    Business Developments & Projects, Transition

    Offshore Energy continues with its new In focus weekly feature, spotlighting the latest energy transition developments, after our first edition went online on 16 April. Following last week’s news on the U.S. oil giant Chevron’s entrance into the offshore wind market and note that the company has not yet announced its net-zero agenda, its Norwegian […]