5783 results found for 'matuku'

5783 results found for 'matuku'
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  • Southeast Asia’s oil & gas output unlikely to exceed 5 million boepd, Rystad says

    29 December 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    Rystad forecasts that Southeast Asia’s oil and gas output is unlikely to rise above 5 million barrels of oil equivalent per day (boepd).

  • Nam Cheong profit skyrockets in Q2

    8 August 2014
    Business & Finance

    Nam Cheong Limited,  Malaysia’s largest Offshore Support Vessel (“OSV”) builder, today reported revenue rising 38% to RM378.8 million in the three months ended June 30, 2014 (“2Q 2014”) from RM275.3 million in the corresponding period last year (“2Q 2013”). This strong performance boosted net profit by 53% to RM63.0 million from RM41.1 million in 2Q […]

  • First Production from Petronas FLNG in 2015 (Malaysia)

    5 June 2012

    Malaysia’s Petronas has taken the final investment decision for its Floation Liquefied Natural Gas (FLNG) facility.  The decision was announced yesterday at the World Gas Conference 2012 in Kuala Lumpur, Malaysia. With first gas production from the facility scheduled for 2015, Petronas aims to be the first company in the world to bring an FLNG […]

  • Philippines: Transocean Drillship Fails to Pass Key Acceptance Test

    18 January 2012
    Business & Finance

    Otto Energy Ltd advises that it has received confirmation from farm -in partner, BHP Billiton, that it has issued a termination notice for the Transocean Deepwater Expedition drillship due to the vessel not passing key acceptance tests .  BHP Billiton has advised that it is progressing preparations to commence drilling the Cinco well and will […]

  • CGG Bags Seismic Imaging Project from BHP in Eastern Canada

    5 September 2019
    Operations & Maintenance, Project & Tenders

    Subsurface Imaging, part of CGG’s Geoscience division, has secured a large-scale seismic imaging project from BHP in the offshore Orphan Basin in Eastern Canada. CGG will employ its FWI and least-squares migration algorithms over the entire survey area of more than 10,000 km². Through these technologies and close collaboration with the client’s interpretation and imaging […]

  • Teekay LNG secures two new charters

    6 April 2020
    Infrastructure, Vessels

    Teekay LNG Partners has secured new fixed-rate charters for two of its 52 percent-owned liquefied natural gas carriers. The Bermuda-based LNG shipper said in a statement that the deals include a 12-month charter on the LNG carrier Arwa Spirit and an eight-month charter on the Methane Spirit. Both of these charters are expected to start […]

  • Petrofac takes opportunity to extend credit facility with improved terms

    4 June 2015

    Petrofac, a provider of oilfield services to the international oil and gas industry, has announced the amendment and extension of its syndicated five-year revolving credit facility, effective today, June 4, 2015.  According to Petrofac, the facility size remains unchanged at $1.2 billion and the maturity will now run to June 2020, with two one-year extension […]

  • ConocoPhillips selling Cook Inlet assets

    29 July 2015

    ConocoPhillips Alaska (COPA) said it is in the initial stages of marketing its North Cook Inlet Unit and interest in Beluga River Unit. The company regularly reviews its assets to ensure the asset portfolio is optimized; this is an ongoing part of managing the business, the company said in a statement. While historically significant to […]

  • Spain’s Balearia plans $70.2m LNG conversion investment

    31 July 2018
    Vessels

    Spanish ferry operator Baleària plans to spend 60 million euros ($70.2 million) to covert five of its ferries to use liquefied natural gas (LNG) as fuel in the next two years. Work on the first ferry Naples is expected to start this winter, according to a Baleària statement. The other ferries to be converted to LNG […]

  • Navios Maritime Containers Accepts Delivery of 2009-Built Boxship

    2 October 2018
    Business & Finance

    Navios Maritime Containers receives Navios Miami, a 2009-built containership.

  • Statoil Presents Perspectives on Its Oil and Gas Operations on NCS

    20 June 2013
    Business & Finance, Operations & Maintenance, Research & Development

    This week, Statoil presents perspectives on its oil and gas operations on the Norwegian continental shelf. The company is on track to fulfil its ambition of producing more than 1.4 million barrels per day in Norway in 2020. The perspectives are presented in connection with the company’s site visit for investors and analysts at the […]

  • NPD: Norway’s Recoverable Resources Increased

    1 March 2013
    Business & Finance

    The Norwegian Petroleum Directorate’s (NPD’s) resource account shows that the total recoverable petroleum resources are estimated at 13.6 billion standard cubic meters of oil equivalents (scm o.e.). New areas for southeastern Barents Sea and Jan Mayen are not included in the petroleum resource account with updated figures as of 31.12.2012. The main trends in the […]

  • Angola seeks ‘sustainable’ oil & gas exploration to keep its diversification engine running

    10 October 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Transition

    Angola is determined to continue its hydrocarbon exploration and bring new oil and gas projects online while curbing its greenhouse gas (GHG) emissions footprint and enriching its energy arsenal with renewable energy sources to pave the way for a just energy transition.

  • ‘Cecon Pride’ OCV getting ready for Mediterranean adventure

    19 August 2014

    Cecon today announced that the Cecon Pride offshore construction vessel has successfully completed its sea-trials. The vessel, built by Quebec’s Davie Shipyard, is in the in the process of being handed over prior to departure for the Mediterranean, where it will start a 10 month contract with Micoperi. Cecon Pride will be utilized for projects in […]

  • Seismic Survey Offshore New Zealand Begins

    4 April 2012
    Business & Finance

    Cue Energy Resources Limited, an oil and gas exploration and production company with a regional focus on SE Asia and Australasia reports that acquisition of the Maari 3D seismic survey has commenced in permits PMP 38160 and PEP 51313 in the offshore Taranaki Basin of New Zealand. The acquisition of 3D seismic data will provide […]

  • Baleària Upgrading Five Ferries to Run on LNG

    31 July 2018
    Business & Finance

    Baleària is to invest EUR 60 million to retrofit five ferries to run on LNG.

  • Ocean energy sector to grow at CAGR of 10.5% by 2022, report says

    16 April 2018
    Business & Finance

    Global ocean energy sector is expected to grow at a compound annual growth rate (CAGR) of 10.5% during the period between 2018 and 2022, according to Technavio’s report Global Ocean Power Market 2018-2022.

  • Aker Solutions Completes USD 250 million Sale of Aker Marine Contractors to Ezra (Singapore)

    1 March 2011
    Business & Finance

      Aker Solutions has completed the transfer of ownership of subsidiary Aker Marine Contractors (AMC) to Singapore listed Ezra Holdings Ltd. Aker Solutions confirms the transaction details given in the announcement on 22 October 2010. In the transaction, AMC is valued at USD 250 million. Ezra has settled the transaction by paying Aker Solutions USD […]

  • Det Norske Raises $328 Mln via Bond Issue (Norway)

    20 June 2013

    Norwegian private oil company Det norske today announced it has successfully completed bond issuance, with a placement of NOK 1,900 million (approximately USD 328 million). “This is the second time Det norske successfully taps into the high-yield bond market. With respect to volume this latest issue ranks among the largest ever in the Norwegian market and […]

  • Diana Shipping Closes USD 100 Mn Bond Offering

    28 September 2018
    Business & Finance

    Diana Shipping closed its USD 100 million bonds placement maturing in September 2023.

  • Olympic Ship extends stand-still to complete restructuring

    26 December 2016
    Business & Finance, Vessels

    Olympic Ship has secured an extension to the stand-still agreement from its lenders to conclude the ongoing financial restructuring within the company.

  • Matson Closes USD 200 Mn Debt Placement

    15 September 2016
    Business & Finance

    US-based container carrier Matson said it finalized a USD 200 million private debt sale, proceeds from which would be aimed at paying down the company’s revolving credit facility. Proceeds from the debt placement are also expected to be used for general corporate purposes, according to Matson. The 15-year final maturity senior unsecured notes will have a weighted average life of […]

  • Nam Cheong Appoints New CEO (Malaysia)

    21 May 2013

    Nam Cheong Limited Malaysia’s largest Offshore Support Vessel (“OSV”) builder, today announced the appointment of Leong Seng Keat as the Group’s Chief Executive Officer with immediate effect. He was Nam Cheong’s Executive Director, and the new appointment is in line with the Group’s strategy to strengthen and streamline the management team as it embarks on […]

  • Polarcus in Board Restructuring (UAE)

    3 July 2012
    Business & Finance

     Polarcus’ Board of Directors yesterday accepted the resignation of Carl-Peter Zickerman as a Director of the Company. With the previously announced delivery of the 3D seismic vessel, POLARCUS ADIRA, on 21 June 2012 marking the completion of the Company’s eight vessel building program, Polarcus has entered a new phase of maturity. Carl-Peter Zickerman together with […]

  • PGS to Shoot Seismic for OKEA near Draugen

    1 July 2019
    Operations & Maintenance

    OKEA and partners, Petoro and Neptune Energy Norge, have agreed to continue exploration licence PL958, east of the OKEA-operated Draugen field. The decision comes six months after OKEA assumed operatorship. This commits the licence partners to acquire new 3D seismic data and they have already decided to prefund a 3D seismic multi-client acquisition by PGS. […]