5815 results found for 'matuku'

5815 results found for 'matuku'
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  • WoodMac: Oil and gas industry can deliver net-zero promises, with tweaks

    6 January 2021
    Environment, Outlook & Strategy, Regulation & Policy, Transition

    Although the UK’s offshore oil and gas industry has committed to cutting operational emissions in half by 2030 and achieving net-zero production by 2050, operators will have to make leaps forward in technology, policy, and investment to reach these goals, according to Wood Mackenzie.

  • 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 […]

  • Fastnet Awarded New Licensing Option in North Celtic Sea

    3 May 2013
    Business & Finance, Operations & Maintenance

    Fastnet Oil & Gas Plc (“Fastnet” or the “Company”) the E&P company focused on near term exploration acreage in Africa and the Celtic Sea announces that it has been notified by the Irish Department of Communications, Energy and Natural Resources (the “Department”) that it has been awarded licensing option 13/3 over part blocks 56/6, 56/7, […]

  • Call for End of Unsustainable Deep-Sea Fishing

    9 September 2011

      A team of leading marine scientists from around the world is recommending an end to most commercial fishing in the deep sea, the Earth’s largest ecosystem. Instead, they recommend fishing in more productive waters nearer to consumers. In a comprehensive analysis published online this week in the journal Marine Policy, marine ecologists, fisheries biologists, […]

  • India: World Energy Leaders Take Action on Clean Energy

    18 April 2013

    Major announcements were made at the fourth Clean Energy Ministerial (CEM4) in India. Inaugurating the fourth Clean Energy Ministerial taking place in New Delhi this week, India’s Prime Minister Dr. Manmohan Singh said: “There is need for inter-country consultation and discussion in these areas to promote information exchange and to identify possible areas of collaboration, […]

  • Statoil Releases Report on Macro and Market Outlook Towards 2040

    14 June 2013
    Business & Finance, Research & Development

    Statoil launches 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 […]

  • UK’s Cairn Buys Norway’s Agora Oil & Gas

    3 April 2012
    Business & Finance

    Cairn announces the acquisition of Agora Oil & Gas AS (Agora) subject to regulatory approval, a private Norwegian company with non-operated, exploration, appraisal and development assets in the United Kingdom (UK) and Norwegian North Sea. The enterprise value of the proposed acquisition of Agora as at 1 January 2012 was $375 million (m), including $58m […]

  • Aker Solutions’ Process and Construction Businesses to Transfer to Jacobs Engineering Group

    23 December 2010
    Business & Finance

      Aker Solutions has on 22 December 2010 entered into a share purchase agreement (SPA) whereby it has agreed to transfer operations within its Process and Construction business area to Jacobs Engineering Group Inc. (Jacobs), one of the world’s largest and most diverse providers of professional technical services. The transfer does not include the US […]

  • USA: Marsh Island Dredging Provides Flood Risk Reduction Benefits

    22 June 2012

    As construction workers maneuver bulldozers and spread sand to restore the degrading marsh island, Yellow Bar Hassock in Jamaica Bay, N.Y., their work is being closely observed by an area resident. “For the past few months we’ve seen him on the site. He just keeps doing his thing,” said Melissa Alvarez, a Senior Project Biologist […]

  • Busy times ahead for Singaporean player off Benin and Norway

    6 June 2025
    Business Developments & Projects, Exploration & Production, Infrastructure

    Singapore’s Rex International has shared updates on the short-term plans of its affiliates for assets offshore Benin and Norway.

  • Borr rig wraps up Gulf of Thailand job with new oil finds for Valeura

    27 May 2025
    Business Developments & Projects, Exploration & Production, Infrastructure

    Canada-based oil and gas company Valeura Energy has completed a multi-well drilling campaign in the Gulf of Thailand using Borr Drilling’s jack-up rig.  As disclosed by Valerua, the campaign was done on licence B5/27, in which the firm has a 100% operated working interest. The license covers the producing Jasmine and Ban Yen oil fields, […]

  • 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.

  • 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 […]

  • 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.

  • 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.

  • In focus: Out with the oil, in with the new! Or is it?

    27 May 2022
    Outlook & Strategy, Transition

    The keyword in energy transition is transition, a process that often involves constant tweaking and going back and forth between the gains and benefits of the old, and the betterment that will come with the new. In the energy sector, this is reflected in the moves of governments, and developments and insights from within energy and energy-related sectors, no less over the past week than any other in the last couple of years.

  • Empyrean makes up its mind to drill ‘robust and large’ target off China

    10 June 2022
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders

    Empyrean has made up its mind to embark on the second phase of exploration drilling in Block 29/11 to drill another prospect offshore China.

  • Maersk CEO: We are committed to making a tangible environmental impact in this decade

    2 November 2022
    Business & Finance, Business Developments & Projects, Green Marine, Vessels

    Danish shipping group Maersk is pressing ahead with its first-mover tactics when it comes to decarbonizing its operations as it looks to reap its first fruits already this decade. “We have recently announced the order of further six dual-fueled green methanol-enabled container ships. As we maintain our commitment to a fleet size of 4.3 million […]

  • Danish govt bankrolls two projects for CO2 storage in North Sea

    9 December 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Infrastructure, Project & Tenders, Transition

    Denmark’s government has approved funding for two CCS projects, which will use the existing oil and gas infrastructure in the North Sea.

  • Proserv’s CEO: We must stop over-engineering if we want to cut costs

    10 September 2015

    The North Sea has many years of profitable life ahead if the industry urgently adopts more collaborative and efficient business practices, David Lamont, CEO of Proserv, said Wednesday, September 9, at Offshore Europe event in Aberdeen, Scotland. He also said that he didn’t expect the days of $100 oil would be back. He said: “We must embrace […]

  • 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 […]

  • 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. 

  • DOF Subsea Reports First Quarter Results (Norway)

    25 May 2011
    Business & Finance, Operations & Maintenance, Research & Development

    The DOF Subsea AS consolidated operating income for the first quarter of 2011 was NOK 899 million (NOK 731 million), with an EBITDA of NOK 241 million (NOK 186 million). The numbers are reflecting the fact that 2 vessels were repositioned, 3 vessels were upgraded and 2 vessels were trading in the North Sea AHTS […]

  • Dana Gas Q3 Net Profit Up, UAE

    1 November 2012

    Dana Gas PJSC the Middle East’s largest regional private sector natural gas company, announced its financial results for the nine months ended 30 September 2012 with a net profit after tax of AED 491 million, an increase of 37% as compared to AED 359 million for the comparable period in 2011. Revenue from the sale […]

  • Kenya: Cove Energy Plc Signs Farm-in Agreement with DEPCO for 5 Offshore Blocks

    28 July 2010
    Business & Finance

    Cove Energy plc  the AIM quoted upstream oil and gas company focused on East Africa, announced that it has concluded a conditional farm in agreement with Dynamic Energy Exploration and Production Corporation (“DEPCO”) to acquire a 15% participating interest in five contiguous deepwater blocks L5, L7, L11A & B and L12 (the “Blocks”) covering an […]