5815 results found for 'matuku'

5815 results found for 'matuku'
Order results by

A list of search results

  • Investment shift from low carbon toward upstream to continue in 2026

    2 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    After the portfolio recalibrations and restructuring marked the oil and gas industry’s landscape in 2025, Wood Mackenzie, an energy intelligence group, has outlined that the trend will continue in 2026, with oil and gas corporates expected to face “an even tougher strategic balancing act” this year.

  • Norway marks its second best oil & gas exploration year in decade

    8 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    As the global oil and gas industry continues to seek more hydrocarbons to replace depleting reserves, the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has highlighted the country’s exploration results in 2025 as being among the best in several years.

  • With hull now done, Asian FLNG moves to next construction stage

    5 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    China-based provider of clean energy services Wison New Energies (WNE) has held a hull launching ceremony at its Nantong Yard for a floating liquefied natural gas (FLNG) facility being built for Malaysia’s investment holding and management player Genting.

  • SBM Offshore’s FPSO duo staying with ExxonMobil offshore Angola until 2032

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

    Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has landed a multi-year contract extension for two floating production, storage, and offloading (FPSO) vessels off the coast of Angola with Esso Exploration Angola, an affiliate of the U.S.-headquartered energy giant ExxonMobil.

  • Another 100-million-ton oilfield discovery sees light of day in Asian waters

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

    Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has unveiled a new oilfield find, which it describes as a major discovery in central Bohai Sea off the coast of China.

  • Odfjell Drilling buys six-year-old rig: Name change coming up next year

    15 December 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    A 2019-built semi-submersible rig, owned by Northern Ocean, has now been acquired by Odfjell Drilling, which plans to rename this mobile offshore drilling unit (MODU) in 2026.

  • BW Energy enters Angola’s offshore oil & gas playground with new acquisition

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

    Oslo-listed oil and gas E&P player BW Energy has struck a deal to get hold of minor stakes in two blocks off the coast of Angola.

  • Matuku Well Disappoints (New Zealand)

    16 January 2014

    New Zealand Oil & Gas has today said it believes its share price has been affected by the previously released drilling report that the primary target zone in the Matuku well in PEP 51906 offshore Taranaki has not encountered significant oil or gas shows. The well is currently at a depth of 4307 metres and […]

  • OMV Spuds Matuku Well (New Zealand)

    2 December 2013

    Octanex N.L. has been advised by the Operator of the Matuku-1 exploration well, OMV New Zealand Limited (OMV), that the well was spudded at a location within the offshore Taranaki Basin permit PEP 51906 at 13:50 hours on Saturday, 30 November 2013. Spudding of the well was delayed due to the rig having to wait on weather. Matuku-1 […]

  • OMV Continues Matuku Drilling (New Zealand)

    24 December 2013

    Octanex N.L. has been advised by OMV New Zealand Limited, the Operator of the Matuku-1 exploration well being drilled in the offshore Taranaki Basin permit PEP 51906, that at 06:00 hours (NZST) on Tuesday, 24 December 2013, the well was at a depth of 3167m MDRT (measured depth below rotary table) and preparing to drill ahead in the 12 […]

  • OMV Abandons Matuku Well. Pateke Up Next

    31 January 2014

    OMV has has plugged the the Matuku-1 well in PEP 51906 offshore Taranaki, New Zealand. The semi-submersible drilling rig, Kan Tan IV, will next move to the Pateke prospect in the Tui oil fields in PMP 38158. Drilling operations at Matuku began on 30 November and the well was drilled to 4,846 metres. As previously advised, the well […]

  • NZOG Completes Seismic Survey. Matuku Reaches Total Depth.

    20 January 2014
    Business & Finance, Project & Tenders

    New Zealand Oil & Gas has announced that total depth of 4846 metres was reached on Saturday, 18 January in the Matuku well in PEP 51906 offshore Taranaki. The next operation is pulling out of the hole prior to running wireline logs. Meanwhile the 400 square kilometre ‘Kaka’ 3D seismic survey in the same permit […]

  • Matuku 3D Data Shows Substantial Oil Reserves (New Zealand)

    26 June 2012
    Business & Finance, Operations & Maintenance, Research & Development

    Octanex N.L., through its wholly owned subsidiary Octanex NZ Limited, holds a 35% participating interest in each of PEP 51906 and PEP 53537, with OMV holding the remaining 65% participating interest in the permits. OMV acquired its interest in PEP 51906 through a farmin to Octanex’s then 100% interest in that permit. Octanex and OMV […]

  • NZOG: Matuku at 3167 Meters. Kan Tan IV Drills Ahead

    30 December 2013

    New Zealand Oil & Gas has informed that, as at 6.00AM Sunday, 29 December, the Matuku-1 well in PEP 51906 offshore Taranaki had been drilled to 3167 metres after setting 13 3/8″ casing at 1494 metres.   A cement plug has been set across suspected debris at the base of the well and the next activity is […]

  • New Zealand: OMV to Spud Matuku Well in September

    20 May 2013

    A likely start date has been confirmed for drilling in the Matuku prospect in PEP 51906 off Taranaki in New Zealand. The permit’s operator, OMV, has advised that the semi-submersible rig Kan Tan IV is expected to begin drilling in mid-September. The well is expected to take 40 days to drill to a target depth of 4756 metres. […]

  • Kaka Seismic Survey in PEP 51906 Completed. Matuku Well Reaches Total Depth

    20 January 2014
    Business & Finance, Operations & Maintenance

    Total depth of 4846 metres was reached on Saturday, 18 January in the Matuku well in PEP 51906 offshore Taranaki. The next operation is pulling out of the hole prior to running wireline logs. The Kan Tan IV began drilling operations on Saturday, 30 November. Matuku-1 is in 130 meters of water. Meanwhile the 400 […]

  • New Zealand: Octanex Believes in Matuku Prospect Potential

    3 October 2011
    Business & Finance

    Octanex N.L. today provided an update on the progress made by the Joint Venture towards reaching a decision on whether to drill the Matuku prospect in PEP 51906. PEP 51906 is situated in the offshore Taranaki Basin of New Zealand. Octanex holds a 35% participating interest in the permit. The Joint Venture is operated by […]

  • OMV to Spud Matuku Well This Week (New Zealand)

    18 November 2013

    Octanex N.L. has reported that OMV New Zealand Limited (OMV),the Operator of the Joint Venture exploring PEP 51906 (Permit) in New Zealand, has advised the Company that the Matuku-1 well is due to spud within the next 5 days, most likely on Friday, 22 November 2013.   The Permit is located in the offshore Taranaki […]

  • Drilling of Matuku-1 Well Continues (New Zealand)

    13 January 2014
    Business & Finance, Project & Tenders

    The Matuku-1 well in PEP 51906 offshore Taranaki has been drilled to 3913 meters as of 6.00AM Sunday, 12 January 2014. A 9 5/8 inch casing string has been set to 3409 meters. The next operation is drilling ahead to a planned total depth of 4754 metres. The Kan Tan IV began drilling operations on Saturday, […]

  • OMV Prepares to Plug Matuku Well (New Zealand)

    22 January 2014
    Project & Tenders

    OMV New Zealand Limited, the Operator of the Matuku-1 exploration well that has been drilled in the offshore Taranaki Basin permit PEP 51906, in New Zealand has informed its partners that that at 06:00 hours (NZST) on Tuesday, 21 January 2014, the well was at its total depth (TD) of 4,846m MDRT (measured depth below rotary table) and carrying […]

  • OMV Hires Kan Tan IV for Drilling Offshore New Zealand

    14 December 2012
    Business & Finance

    OMV has contracted the Kan Tan IV semi-submersible drilling rig  to drill the Matuku-1 well in the PEP 51906 permit in the offshore Taranaki Basin in New Zealand. The drilling at the well is expected to begin in the third quarter 2013. The Kan Tan IV semi-submersible drilling unit is operated by Frigstad Offshore Ltd […]

  • 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 […]

  • 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).

  • OMV Working to Secure Rig for Matuku-1 Well (New Zealand)

    16 November 2012

    OMV has today confirmed that it will drill the Matuku-1 well in PEP 51906. Octanex, which owns 35% in the licence has informed that OMV is continuing extensive search and evaluation process in an effort to secure a semi- submersible rig to drill the well. OMV is planning to drill a number of wells in […]

  • 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.