5815 results found for 'matuku'

5815 results found for 'matuku'
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  • US oil & gas player gets cracking on development studies as two out of three Gulf of Mexico wells yield hydrocarbons

    5 February 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    U.S.-headquartered privately owned exploration and production company LLOG Exploration has started the ball rolling on development studies for two hydrocarbon-bearing wells in its three-well exploration/appraisal campaign. The wells are located in the U.S. Gulf of Mexico, which is being renamed the Gulf of America. After LLOG disclosed plans to spud the Who Dat East appraisal/exploration well and the Who Dat South exploration […]

  • ‘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 […]

  • 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”, […]

  • Carnival removing 13 ships from its fleet, delaying delivery of 16 newbuilds

    13 July 2020
    Outlook & Strategy, Vessels

    The world’s largest cruise liner company Carnival Corporation is about to shed 13 ships from its fleet though demolition and sales deals as it works on cutting maintenance costs and curbing the impact of the COVID-19 pandemic on its business. Carnival like many of its counterparts from the cruise industry sector suspended sailings in March […]

  • What is the meaning of licence extension for controversial Cambo project in UK?

    31 March 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Rules & Regulation, Transition

    Partners in the Cambo project, Shell and Siccar Point Energy, have received a licence extension for the controversial field development.

  • ConocoPhillips working to reduce deepwater exploration cost

    3 April 2014

    ChonocoPhillips’ Chief Technology Officer Ram Shenoy shares his vision of the future.   What does a chief technology officer at an E&P company do? My responsibilities cover all aspects of developing and incorporating technology and innovation into ConocoPhillips’ businesses, including defining and recommending technology strategy to the Executive Leadership Team – the framework under which […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 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.

  • 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 […]

  • 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.

  • 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.

  • 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 […]

  • 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 […]