5778 results found for 'matuku'

5778 results found for 'matuku'
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  • Commercial readiness confirmed for Alfa Laval’s ammonia fuel supply system as FAT wraps up

    11 March 2026
    Business & Finance, Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Technology, Transition, Vessels, Vision

    Swedish marine technology company Alfa Laval has completed the certified factory acceptance test (FAT) for the FCM Ammonia fuel supply system, class certified by China Classification Society (CCS), confirming commercial readiness for ammonia-fueled engines. The FAT validates the design, control architecture, safety layers and ammonia-handling routines in a marine environment, with the test program covering full […]

  • Southeast Asia’s deepwater gas expansion faces ‘fragile economics’ challenge

    4 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    As Southeast Asia’s second wave of deepwater gas projects targets a 28 trillion cubic feet (tcf) supply, Wood Mackenzie, an energy intelligence group, has shed light on the way operators can navigate what it describes as ‘fragile economics’ to unlock this new deepwater gas supply across the region.

  • Perenco ticks off field revitalization in Trinidad and platform installation offshore Congo

    9 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Anglo-French oil and gas player Perenco has wrapped up a revitalization program at fields off the coast of Trinidad & Tobago and the installation of a recently converted mobile offshore production unit (MOPU) in Congolese waters.

  • FPSO FEED award to BW Offshore turning the key on Canada’s $12-billion oil project

    29 April 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    With a front-end engineering and design (FEED) deal to Oslo-headquartered BW Offshore for a floating production, storage, and offloading (FPSO) unit, Norway’s state-owned energy giant Equinor is continuing to lay the groundwork for the development of its oil project off the coast of Newfoundland and Labrador, Canada.

  • Funding in place for multi-well offshore drilling campaign to boost oil flow rates

    8 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Jasmine Energy (JEL), a subsidiary of Singapore’s Rex International, has revealed a multimillion-dollar bond issue, which will enable it to undertake a drilling campaign off the coast of Oman to augment oil production.

  • Green ammonia offtake deal strengthens India-Europe supply corridor

    13 January 2026
    Business & Finance, Business Developments & Projects, Transition

    German energy player Uniper has sealed a renewable ammonia offtake agreement with AM Green Ammonia, a partnership among AM Green, Gentari, GIC and Abu Dhabi Investment Authority (ADIA).

  • UK oil & gas consolidation continues: Serica makes move on Spirit Energy’s North Sea assets

    16 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-based upstream oil and gas player Serica Energy has taken another consolidation step on the UK Continental Shelf (UKCS) by striking a deal to acquire the oil and gas portfolio of Spirit Energy Limited and its affiliates for an upfront consideration of £57 million (around $74 million).

  • Norway eyes enhanced oil & gas recovery projects to boost production

    15 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    Given its aim to increase oil and gas output on the Norwegian Continental Shelf (NCS), the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has spotlighted the use of advanced methods as a solution to curb production decline.

  • Southeast Asian field on track for first gas in 2027

    30 April 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    With procurement activity and other pieces being put in place, West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas player Conrad Asia Energy, is setting the development stage to achieve the first gas production from its natural gas field next year in the West Natuna Sea off the coast of Indonesia, Southeast Asia.

  • NYK Line comes aboard Stolt-Nielsen’s Avenir LNG

    16 March 2026
    Business & Finance, Business Developments & Projects, Vessels

    Japan’s Nippon Yusen Kabushiki Kaisha (NYK Line) has taken steps to acquire a stake in Avenir LNG, an owner and operator of small-scale liquefied natural gas (LNG) carriers and LNG bunker vessels, thanks to its deal with Stolt-Nielsen Gas, a subsidiary of the Oslo Stock Exchange-listed Stolt-Nielsen.

  • Re-entry into Asian LNG project bolsters Eneos’ energy bonds with Petronas

    30 April 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    Malaysia’s state-owned oil and gas heavyweight Petronas has shaken hands with Eneos Explora, a subsidiary of Japan’s Eneos Group, on a deal that will enable the latter to rejoin a liquefied natural gas (LNG) project that receives gas from offshore fields in Malaysian waters.

  • OMV Petrom continues its multi-well drilling program with Transocean rig in Black Sea

    11 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    OMV Petrom, Romania-headquartered affiliate of Austria’s OMV, has provided insight into its drilling plans in the Romanian sector of the Black Sea, where several wells remain on the list to be drilled using a semi-submersible rig owned by Transocean.

  • Wave and tidal energy to reach $1.85B by 2032, commercial deployment by 2031, report finds

    18 December 2025
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Research & Development, Rules & Regulation, Technology, Transition, Vision

    The wave and tidal energy market is projected to grow to $1.85 billion by 2032, with ocean-based renewable power expected to move beyond pilot installations and enter early commercial deployment by 2031, according to a report by market research firm DataM Intelligence. The global wave and tidal energy market reached $983.11 million in 2024 and will […]

  • Northern Lights’ fleet expansion quest bringing to life four new CO2 vessels

    29 January 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Vessels

    Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies, has taken steps to enrich its fleet with four more carbon dioxide (CO2) vessels through charter deals with Mitsui O.S.K. Lines (MOL) and a consortium between Kawasaki Kisen Kaisha (K Line) and MISC.  

  • $7.5 billion gas project on Senegal’s development agenda

    15 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Société des Pétroles du Sénégal (Petrosen), Senegal’s state-owned oil and gas company, has shed light on the investment required to bring a deepwater gas field to life, which is estimated to hold recoverable resources of approximately 25 trillion cubic feet (tcf) of gas.

  • Equinor hits the jackpot twice in North Sea with new oil, gas & condensate finds

    10 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Norway’s state-owned oil and gas giant Equinor has made two hydrocarbon discoveries in the Norwegian sector of the North Sea, which it describes as commercial and situated in areas with well-developed infrastructure for export to Europe.

  • Greater Sunrise on Southeast Asia’s gas horizon: Woodside strikes deal for LNG concept

    26 November 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Woodside has signed on the dotted line with the Ministry of Petroleum and Mineral Resources (MPRM) of Timor-Leste to carry out studies and activities to mature a Timor-based LNG concept (TLNG) for gas fields in Southeast Asia.

  • As Paratus closes its jack-up shop, Borr Drilling’s Mexican JV welcoming five rigs

    24 March 2026
    Business & Finance, Business Developments & Projects

    Fontis Finance, an indirect subsidiary of Bermuda-headquartered Paratus Energy Services, is offloading its drilling operations and jack-up fleet to Proyectos Globales de Energía y Servicios CME (CME) and BC Ventures, a newly established 50/50 joint venture between subsidiaries of Bermuda-based Borr Drilling and CME as its long-term well construction partner in Mexico.

  • Millions committed to bring Southeast Asian gas field to life

    3 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas player Conrad Asia Energy, has taken a step to secure future gas supply by greenlighting a final investment decision (FID) for a natural gas field in the West Natuna Sea off the coast of Indonesia.

  • TotalEnergies augments its oil portfolio offshore Namibia through deal with Galp

    9 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    French energy giant TotalEnergies has shaken hands with Portuguese oil and gas company Galp on a deal that will enable it to enter the PEL 83 license, encompassing an oil discovery off the coast of Namibia, by taking over the operator baton. Galp is getting a minor stake in the French player’s giant black gold discovery as part of this deal.

  • $400 million going into subsea tie-back to huge Barents Sea oil project

    11 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Three Norwegian oil and gas players – Equinor, Vår Energi, and Petoro – have set their caps on augmenting the production from a giant oil field that came online eight months ago in the Barents Sea by adding what will become the first subsea tie-back to the project, said to be the newest oil production hub on the Norwegian Continental Shelf (NCS).

  • Multimillion-dollar fine for EnQuest over 33 idle wells as UK cracks down on decom inactivity

    9 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    Great Britain’s regulator, North Sea Transition Authority (NSTA), has hit London Stock Exchange-listed energy player EnQuest with a penalty over decommissioning failures related to 33 inactive wells.

  • Exclusive interview: Velesto sets its sights on Malaysia and Southeast Asia gas drilling plays

    23 January 2026
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    As global energy security concerns keep the demand for oil and gas alive, Malaysia’s Velesto Energy, owner of premium jack-up rigs and hydraulic work-over units, has dived into its expectations for 2026, highlighting its belief that the jack-up rig market will remain on stable ground during the year, enabling it to pursue new drilling assignments, with Malaysia and Southeast Asia at the heart of the firm’s growth quest.

  • Borr Drilling’s CEO: Middle East conflict brings uncertainty but empowers long-term rig outlook

    21 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders

    Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has secured 13 contracts year-to-date, enhancing its backlog by adding 2,250 days and $274 million in jack-up rig deals.

  • Stillstrom, Danish port exploring large-scale maritime electrification at Energy Island Bornholm

    2 December 2025
    Research & Development, Vessels

    Stillstrom and Port of Roenne have teamed up on a study looking into integrating offshore wind energy with maritime electrification. Maersk’s offshore power and charging solutions developer and the Danish port have initiated a joint white paper to explore how Energy Island Bornholm could serve as a blueprint for this kind of integration. The study, […]