5689 results found for 'matuku'

5689 results found for 'matuku'
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  • Offshore facility electrification to slash O&G industry’s CO2 emissions, Axiom says

    8 July 2020
    Environment, Exploration & Production, Research & Development, Technology, Transition

    Offshore energy research and advisory firm Axiom has studied how the electrification of platforms can have a meaningful impact on the carbon intensity of offshore oil and gas production. The above chart highlights Axiom’s view on how the 2020-2024 fixed production market has evolved through February to June 2020. Recent market conditions have pushed operators […]

  • Nanotechnology and Anti-fouling: Project Tideman Workboats

    27 December 2016

    By Rob van Hoorn nC Surface Technology Anti-fouling is one of those areas in the maritime industry that is subject to constant development. Especially in areas where traditional coatings have difficulties to hold their own on the host-surface, nanotechnology is a solution that will succeed by nature, as nanoparticles tend to bond into surfaces rather […]

  • INTERVIEW: Innovation is the Key, Subsea UK CEO Says

    25 February 2015
    Business & Finance, Research & Development

    Recently Subsea UK organized a very successful Subsea Expo exhibition and conference in Aberdeen. Despite the impact of oil prices on the market, Subsea UK’s event attracted attention of around 6,500 delegates and broke previous records with a 23% increase in attendees and hosted 200 exhibitors. In an interview with Subsea World News, Neil Gordon, Chief Executive of […]

  • Ensco raises Rowan bid. Says proposal is final

    14 January 2019
    Business & Finance, Exploration & Production

    Offshore drilling company Ensco has raised its offer for rival Rowan Companies, offering an increase in the exchange ratio for its all-stock combination with Rowan. The increased offer comes a week after it was announced that one of Rowan’s major shareholders, Canyon Partners, would oppose the merger saying the deal significantly undervalues Rowan.

  • WoodMac sees North Sea exploration comeback and uptick in development expenditure in 2019

    9 January 2019

    According to Wood Mackenzie, five themes that will dominate the market in 2019 include the comeback of North Sea exploration and, although the deal spend will slow, it will remain the seller’s market. WoodMac also sees an uptick in development expenditure in 2019 but production will remain flat. In the end, companies with the lowest-cost projects will be the winners this year.

  • Westwood: Appetite for finding oil not diminishing despite energy transition talks

    10 January 2020

    The energy transition and extinction rebellion led the energy news agenda and discussions in company boardrooms in 2019, but the impact on exploration drilling is not yet apparent, according to market research provider Westwood Global Energy Group.

  • The Netherlands: IRM Systems, Pipeline Repair Advisor, Open for Business

    5 October 2011
    Business & Finance

    Independent Risk Management Systems B.V. (IRM Systems), suppliers of independent guidance and hands-on support for emergency pipeline repair systems (EPRS) and pipeline repair, announced that it has opened its doors for business. In order to mitigate risks associated with critical pipeline networks, IRM Systems draws upon the expertise of its team of experienced managers and […]

  • Interview: Wave and tidal could become a global export industry

    20 July 2015
    Business & Finance, Research & Development

    Harland and Wolff, a shipyard based in Belfast, has used their marine construction experience to assist in the development and manufacture of a wide range of marine renewable energy devices including wind, wave and tidal power generators. Tidal Energy Today has interviewed Mr. Patrick Crampsey, H&W Sales Manager, to bring us up to speed on H&W […]

  • GE to Buy Lufkin Industries for $3.3 Billion (USA)

    8 April 2013
    Business & Finance, Equipment

    GE  and Lufkin Industries Inc.  announced today a joint agreement whereby GE will acquire Lufkin Industries Inc., a leading provider of artificial lift technologies for the oil and gas industry and a manufacturer of industrial gears, for approximately $3.3 billion. Lufkin shareholders will receive $88.50 per share in cash for each of their Lufkin shares. […]

  • Creating a smooth transition from operation to cessation

    20 February 2017

    By Lloyd’s Register Life before decommissioning Moving to late-field life is a tough decision to take for any operator, but it can mean more than entering ‘lighthouse mode’ to delay decommissioning liabilities. Radically leaner models of working, coupled with rigorous asset management, will help at a stage that demands a relentless focus on production optimisation, […]

  • USA: GE Oil & Gas Acquires Wood Group’s Well Support Division for $2.8 bln

    14 February 2011
    Business & Finance

      GE  announced that its Oil & Gas business has entered into an agreement to acquire the Well Support division of John Wood Group PLC (“Wood Group”) for approximately $2.8 billion. The transaction, which the Board of Wood Group intends to unanimously recommend to its shareholders, is expected to close later in 2011, subject to […]

  • USA: VAALCO Energy Reports $12.5 million Net Income for 3Q 2010

    9 November 2010
    Business & Finance

    VAALCO Energy, Inc. reported net income attributable to VAALCO of $12.5 million or $0.22 per diluted share for the third quarter of 2010 compared to net income attributable to VAALCO of $4.2 million or $0.07 per diluted share for the comparable period in 2009. Third quarter 2010 revenues were $32.6 million compared to $29.3 million […]

  • Compelling Vessel Propulsion Systems

    3 February 2012

    Evolutionary vessel propulsion systems have proved their maturity upon successfully meeting challenges of reliability, efficiency and demanding environmental requirements. These systems are designed to offer a number of propulsion options for vessels of various sizes. Their affordability is another compelling feature for the market highly interested in the system integration. Diesel-electric propulsion A simplified and […]

  • BP Expects Global Energy Demand to Rise in Next 20 Years

    18 January 2012

    Global energy demand will continue to grow over the next twenty years, albeit at a slowing annual rate, fuelled by economic and population growth in non-OECD countries. Increased energy efficiency and strong growth for renewable energy are also forecast in BP’s latest Energy Outlook 2030, which is published today. Global energy demand is likely to […]

  • Blowing in the wind: floating for maximum buoyancy

    5 April 2017

      By André van der Mout, Managing Director at Oil Control Systems “How can electricity be brought to the mainland safely, undamaged and quickly?” It’s a question many offshore companies have asked with the increasing focus on wind energy as a sustainable source of energy. It’s one of the world’s fastest growing sustainable energy sources; […]

  • More rigs exiting North Sea next year, despite semi-sub activity picking up in 2022, says Westwood

    24 November 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders

    Despite the uptick in utilisation and award activity for the North Sea semi-submersibles, Westwood said the demand outlook for 2023 is low.

  • Dunlop: The environmental price to pay if we fail to act is high

    14 November 2022
    Business & Finance, Business Developments & Projects, Green Marine, Regulation & Policy, Transition, Vision

    The shipping industry is waking up to the fact that it needs to do something now to decarbonize, and ESG rightfully sits firmly alongside safety as a key decision driver in the industry, Matt Dunlop, Sustainability & Decarbonisation Director at V.Group said in an interview with Offshore Energy. Matt Dunlop became V.Group’s Director of Sustainability […]

  • DNV: Nuclear power might offer a pathway to reach IMO GHG targets

    16 June 2021
    Environment, Outlook & Strategy, Transition

    A fusion-powered container vessel offers potential for lower transport cost, faster service, and zero emissions to air, DNV said in its Technology Progress Report on key energy systems technologies aimed at meeting global decarbonization targets. One of those technologies includes nuclear power, which, according to DNV, might offer an additional pathway for reaching IMO GHG […]

  • USA: GE Further Enhances Oil & Gas Portfolio with Proposed Acquisition of the Well Support Division of John Wood Group

    14 February 2011
    Project & Tenders

      GE announced that its Oil & Gas business has entered into an agreement to acquire the Well Support division of John Wood Group PLC for approximately $2.8 billion. The transaction, which the Board of Wood Group intends to unanimously recommend to its shareholders, is expected to close later in 2011, subject to shareholders’ approval […]

  • Coronavirus crisis forces Aker BP to delay projects and exploration wells

    23 March 2020
    Business & Finance, Project & Tenders

    Aker BP is putting on hold all non-sanctioned field development projects, postponing exploration wells and reducing production costs in order to reduce spending in response to uncertainty caused by the coronavirus crisis.

  • New Marine Propulsion Systems Meet Reliability, Efficiency and Environmental Challenges

    3 February 2012

    Evolutionary vessel propulsion systems have proved their maturity by successfully meeting challenges of reliability, efficiency and demanding environmental requirements. These systems are designed to offer a number of propulsion options for vessels of various sizes. Their affordability is another compelling feature for the market highly interested in the system integration. Diesel-electric propulsion A simplified and […]

  • UK: Wave Power Project Could Bring Hundred of Jobs to Western Isles

    21 October 2013
    Human Capital

    Aquamarine Power’s proposed wave farm on the Western Isles could create hundreds of long-term skilled jobs in one of Britain’s most remote communities, according to figures published today. The Edinburgh firm’s 40MW Lewis wave farm – which was fully consented by the Scottish Government earlier this year – could generate between 98 and 200 jobs […]

  • Siemens Wind Power

    20 August 2013

    As one of the leading offshore wind players, Siemens Wind Power faces the challenges of recruitment more than most. In 2004, when Siemens acquired Danish wind turbine manufacturer Bonus Energy AS, it began with only 800 staff. Since that time huge investments have been made and now nearly 8,000 people are employed globally. Between October 2010 and October 2011, an astonishing 2,000 […]

  • Kosmos Energy Records 2Q Net Loss of $71 Mln

    5 August 2013
    Business & Finance

    Kosmos Energy Ltd. announced today financial and operating results for the second quarter of 2013, which included a net loss of $71 million, or $0.19 per basic and diluted share. These results include the previously announced Sipo-1 charge of $76 million net. For the second quarter of 2012, Kosmos reported a net loss of $25 […]

  • Faroe Petroleum Acquires Stake in 8 New Licences (Norway)

    16 January 2013

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, has been awarded eight new prospective exploration licences, including three operatorships, under the 2012 Norwegian APA Licence Round on the Norwegian Continental Shelf.  Northern North Sea The Company has been […]