5752 results found for 'matuku'

5752 results found for 'matuku'
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  • 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. […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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; […]

  • IMS Dredges: Strong Transition from 2011 to 2012 (USA)

    4 May 2012

    IMS Division of LWT, LLC reports its second best year on record for 2011. “Amidst increased global competition IMS sees continued repeat sales from buyers in North America, Central America, and Asia. It is nice to see clients on their third or fourth Versi-Dredge.” says Ryan Horton, IMS Global Sales Director. In 2011 dealerships in […]

  • In focus: Bridging the gaps in hydrogen technologies

    9 July 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Infrastructure, Ports & Logistics, Research & Development, Storage, Technology, Transition, Vessels

    A collection of energy transition-related updates across the industry was heavily focused on hydrogen and its role in reaching net-zero goals.

  • Oil & Gas UK Expands Board

    4 April 2012
    Business & Finance

    Oil & Gas UK, the representative organisation for the UK offshore oil and gas industry, today (4 April 2012) announces a number of new appointments within its expanded Board. Effective from 1 April 2012: James Edens, vice president and managing director at CNR International (UK) Ltd, and Gordon Ballard, chairman and country manager of Schlumberger […]

  • 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 […]

  • Talisman Cash Flow Rises (Canada)

    31 July 2013

    Talisman Energy has reported its operating and financial results for the second quarter of 2013.  2013 Second Quarter Overview Production averaged 361,000 boe/d, down 3% from the previous quarter. Operational performance in Talisman’s two core areas, the Americas and Asia-Pacific, was strong during the quarter. Planned turnarounds and unplanned downtime in the non-core North Sea, production restrictions in Algeria […]

  • Spain: Repsol Q1 LNG Profit Up 37.4 Percent

    10 May 2012

    Repsol of Spain in the first quarter of the year posted net income of 643 million euros, 12.4% higher than the 572 million euros reported in the year earlier period. Including YPF, quarterly net profit rose to 792 million euros, an improvement of 3.5% from 765 million euros the previous year. The improved results are […]

  • Wave Farm to Create Hundreds of Jobs (UK)

    21 October 2013
    Business & Finance

    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 […]

  • Faroe Petroleum Awarded New Exploration Licences in Norway

    16 January 2013
    Business & Finance, Operations & Maintenance

    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, announces that it 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 […]

  • Portugal: Investors Inaugurate First Floating Wind Turbine

    17 June 2012
    Business & Finance

    Principle Power, Energias de Portugal, Repsol, A. Silva Matos (ASM), Vestas Wind Systems A/S and InovCapital announced the inauguration of Portugal’s first offshore wind turbine on June 16th, 2012. The turbine is installed on an innovative floating foundation called the WindFloat. In addition to being the first offshore wind turbine in Portugal, this is the first offshore wind turbine to be […]

  • 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 […]

  • Saudi Aramco to spend $40B annually over next decade

    26 August 2014

    Saudi Aramco, a national oil and gas company of Saudi Arabia, plans to invest $40 billion annually over the next ten years, the company’s CEO said at an industry conference. Speaking at the ONS 2014 conference in Stavanger, Norway, the company’s CEO Khalid A. Al-Falih, touched both, the bearish and bullish sides the oil & […]

  • Oil & gas firm closing Norwegian chapter to continue its story in Southeast Asia

    20 June 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy

    Longboat Energy has decided to exit Norway to concentrate on building a full-cycle E&P business in Southeast Asia.

  • UK oil & gas firm boosts its stake in two Angolan offshore blocks

    19 July 2023
    Business & Finance, Business Developments & Projects

    Afentra has inked a sale and purchase agreement (SPA) with Azule Energy Angola Production to boost its stake in two blocks offshore Angola.

  • What will the new year bring to the oil & gas industry?

    2 January 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    While 2022 was marked by a global energy crisis and price volatility, 2023 is still uncharted territory for the oil and gas industry.

  • The Netherlands: IRM Systems Opens Doors for Business

    5 October 2011
    Business & Finance, Operations & Maintenance

      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 […]

  • MBARI Exhibits Vampire Squid and Other Deep-Sea Cephalopods

    10 June 2014
    Business & Finance, Research & Development

    From the vampire squid to the flapjack octopus, deep-sea cephalopods come in an amazing variety of shapes and sizes. Yet few humans have seen these animals alive. Since April, members of the public have been able to see these animals for the first time, as part of the ongoing Tentacles special exhibition at the Monterey […]

  • Statoil Delivers Leading O&G Exploration Results in Industry

    7 February 2014
    Business & Finance, Operations & Maintenance

    Statoil announced fourth quarter and preliminary 2013 results with fourth quarter 2013 net operating income of NOK 43.9 billion. In 2013, net operating income was NOK 155.5 billion. At the Capital Markets Update, Statoil presents its plan for reduced capital expenditure by more than USD 5 billion from 2014-16 compared to previous plans. This will […]

  • UK: Serica Provides Operations Update and Forward Programme for 2013

    21 January 2013
    Business & Finance, Operations & Maintenance

    Serica Energy plc provides an operations update and announces its forward programme for 2013. During 2013 the Company is planning for the following events: • Columbus field – final development approvals expected to achieve mid-2015 first gas production • Namibia – full results from the Luderitz Basin 3D seismic survey with drilling decision 2H2013 • […]