5783 results found for 'matuku'

5783 results found for 'matuku'
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  • Wood Mac: Decommissioning to Ramp Up on Oil Price Slump

    9 September 2015
    Research & Development

    A high oil price has enabled operators to extend field life and delay decommissioning time and time again on the UK continental shelf (UKCS), however the current low oil price has brought into stark relief that this cannot continue indefinitely concludes a new analysis by Wood Mackenzie. The report, prepared for Offshore Europe 2015, forecasts […]

  • UK gov’t reaffirms commitment to oil & gas sector

    5 September 2017

    UK government remains fully committed in its support of the UK’s oil and gas industry, the Exchequer Secretary to the Treasury said on Tuesday at the industry’s conference in Aberdeen. Andrew Jones, Exchequer Secretary to the Treasury, spoke on Tuesday at the oil and gas industry’s conference – Offshore Europe – which started in Aberdeen on […]

  • Helix Energy Solutions books lower profit and revenues in 3Q

    22 October 2020
    Business & Finance, Business Developments & Projects

    Helix Energy Solutions saw its profit and revenues drop in the third quarter of 2020 compared to the same period last year.

  • Wood Group to snip and freeze workers’ salaries (UK)

    17 December 2014
    Business & Finance

    Wood Group PSN (WGPSN) has today (Wednesday, December 17) announced plans to reduce the rates paid to its UK-based limited company offshore and onshore contract workers. According to the company, this is a response to cost and efficiency challenges affecting the UK North Sea oil & gas sector. In addition, Wood Group says that salaries […]

  • UK: Sigma Offshore Names New Chief Operating Officer

    17 September 2012
    Business & Finance

    Sigma Offshore, the international FPSO moorings and marine engineering services company, has appointed a leading industry figure to its executive ranks as the business looks to expand with the launch of a new London office. Bob Coates, who was previously a director with London Marine Consultants, which is now part of Singapore-based Ezra Holdings, has […]

  • Golar LNG: Share Options Exercise and Amendments (Bermuda)

    28 January 2011

    In January 2006 Golar LNG Limited issued options to employees and directors of the Company with a five year term expiring in January 2011. It has been resolved to extend the maturity of these options for relevant Board members and Management by two years from January 2011. The extension is to align the long-term interests […]

  • Petronas curtails its loss, delays second FLNG unit due to spending cuts

    29 February 2016
    Infrastructure

    Malaysian oil and gas company Petronas wrapped up an extremely difficult 2015 with a net loss and lower revenues amidst a depressed oil price environment. The company said on Monday it will reduce its spending in 2016 which will impact the company’s current projects, including its second floating liquified natural gas unit, FLNG 2. Petronas […]

  • TGS faces criminal charges

    6 May 2014
    Business & Finance

    Økokrim, the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime, has today presented a criminal charge against the Norwegian seismic survey specialist TGS. Tha charge presented is for the violation of the Norwegian Tax Assessment Act and the Norwegian Securities Trading Act related to a contract entered into with Skeie Energy […]

  • Golar LNG Partners Net Income at USD 47.6 Mln

    28 February 2014

    Golar LNG Partners reported net income of $47.6 million and operating income of $54.7 million for the fourth quarter, as compared to net income of $35.4 million and operating income of $55.8 million for the third quarter of 2013. The improvement in operating income over the same period in 2012 is a reflection of three […]

  • Saipem withdraws 2020 guidance over deteriorating market conditions

    16 April 2020
    Business & Finance, Business Developments & Projects

    Saipem has decided to withdraw its 2020 guidance, reserving the right to issue a new one should the market conditions improve.

  • Vestas to test hydrogen-powered crew transfer vessel at Norther offshore wind farm

    4 July 2022
    Green Marine, Research & Development, Technology, Vessels

    Vestas, in collaboration with Windcat Workboats, is launching a pilot programme to explore how a hydrogen-powered crew transfer vessel (CTV) can help reduce carbon emissions from offshore service operations. Developed by Windcat Workboats and its sister company CMB.Tech, who recently said this was the world’s first hydrogen-powered CTV, the vessel features dual-fuel engines supplied by MAN […]

  • Norway, UK team up in late life and decom hackathons

    13 November 2017
    Equipment

    ITF and Norwegian Energy Partners will address operator late life and decommissioning challenges in jointly hosted technology hackathon events later this month.

  • Gaslog Refinances Six LNG Carriers

    19 February 2016
    Business & Finance

    Owner and operator of LNG carriers GasLog Ltd and its partnership GasLog Partners LP have entered into agreements for the refinancing of six vessels, representing all debt maturities for both entities due in 2016 and 2017. The refinancing was completed in two parts, namely a senior and junior tranche mortgage debt refinancing on five contracted vessels of […]

  • USA: Experts to Discuss Marine Energy at Upcoming Event

    16 July 2013
    Research & Development, Technology

    As marine hydrokinetic technologies continue moving from concept to commercial viability, an international panel of experts is convening in Denver, Colo., to discuss this emerging sector of the hydropower industry. With a number of research groups believing hundreds of gigawatts-worth of electricity can be had from ocean-, tidal- and wave-powered generating units, marine energy will […]

  • Annual Renewable Energy Outlook 2014 Out Now

    9 January 2015
    Research & Development

    Renewable energy has made strong advances in the power generation fuel mix in many developed and developing nations in the past decade. Energy-hungry nations are increasingly turning to renewables in order to meet their rapidly increasing demand, according to a recently issued report from Frost & Sullivan, available at Reportlinker. While some better established sources of renewable […]

  • PGS Offers Data Packages for Colombia’s Bid Round

    13 March 2012
    Business & Finance, Operations & Maintenance

    PGS has over 10 000 km relevant data for Colombia’s Ronda 2012, launched February 21 in Bogota. Bid Round announcement Colombia’s National Hydrocarbon Agency has announced preliminary terms and timing for the upcoming Bid Round, Ronda 2012. The official launch of Ronda 2012 took place in Bogota on the 21st of February at the JW […]

  • Baker Hughes picks up P&A gig at North Sea oil field

    11 June 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Baker Hughes has landed a new assignment with Norway’s state-owned energy giant Equinor to handle plug and abandonment (P&A) operations at a North Sea field on the Norwegian Continental Shelf (NCS) and provide project management services on behalf of the operator.

  • Ensco books quarterly loss as revenues slip on fewer rig days

    26 October 2017
    Business & Finance, Exploration & Production

    Offshore drilling contractor Ensco booked a loss in the third quarter of this year, after reporting a profit in the same period last year. The driller’s revenues were impacted by fewer rig days and lower dayrates.  The UK-based driller, which recently completed its acquisition of Atwood Oceanics, on Wednesday reported a loss of $25.4 million for […]

  • Norway: Major Activity and New Field Developments in the Sleipner Area

    27 August 2010

    The Sleipner area in the North Sea is a good example of a mature area on the Norwegian shelf where the APA (Awards in Predefined Areas) system and the introduction of new companies have been a success. Several new field developments New fields will be developed in the Sleipner area in the years to come […]

  • New FPSO comes on stream off Brazil

    8 May 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    A new FPSO unit for Petrobras’ revitalisation project in Campos Basin offshore Brazil, has started production.

  • Chevron picks up two offshore blocks in Brazil

    11 October 2019

    Chevron has been awarded two offshore blocks in the Santos and Campos basins as part of Brazil’s 16th Bidding Round for oil and gas exploration blocks, with its partners Wintershall Dea and Repsol.

  • ADES gets $450M loan for further acquisitions

    23 March 2018

    Egypt’s offshore driller ADES has <span class=”ga”>signed a US$450 million syndicated credit facility to support its recently announced plans to pursue further acquisitions. In addition to funding potential acquisitions, the loan will also be used to refinance the company’s existing debt and to finance anticipated future working capital. The loan comprises three separate tranches, all of which have […]

  • Greensolver Appoints RenewableUK Man

    18 May 2015

    Julian Brown has been appointed as a Member of the Board at Greensolver as the firm looks to develop its presence in the UK on- and offshore wind markets. Starting this week, Julian will support Greensolver’s UK team in a non-executive role, helping to define the ongoing growth strategy and business plan. He will cooperate with […]

  • Nido Petroleum: Geochemical Results Confirm Exploration Potential of Deepwater SC 58, Philippines

    3 December 2010
    Business & Finance

    Nido Petroleum Philippines Limited (‘Nido), on behalf of the SC 58 Joint Venture, is pleased to provide an update on the final results of detailed geochemical analysis conducted on the liquid hydrocarbons detected in cores acquired during the multi-beam and deepwater sea-bed coring project in April this year. Preliminary geochemical analysis based on Gas Chromatography […]

  • Nido Prepares to Spud Gindara-1 Well, Offshore Philippines

    3 May 2011
    Business & Finance

    Nido Petroleum Philippines Pty Ltd (wholly owned subsidiary of Nido Petroleum Limited; , on behalf of the SC 54B Joint Venture, provides the following update on SC 54B. Mobilisation activities related to the drilling of the Gindara‐1 well have commenced. Load‐out of the drilling materials is underway and the materials are being moved from the […]