5711 results found for 'matuku'

5711 results found for 'matuku'
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  • Seadrill sells drillship West Polaris

    17 June 2015
    Business & Finance

    Seadrill Limited has entered into an agreement with Seadrill Operating LP, a subsidiary of Seadrill Partners LLC, pursuant to which Seadrill Operating will acquire all of the shares of Seadrill Polaris Ltd., the entity that owns and operates the drillship, the West Polaris from Seadrill. The Polaris Acquisition is expected to close within 7 days. […]

  • Statoil to Build New Platform on Snorre Field

    28 October 2013
    Business & Finance, Project & Tenders

    Statoil recommends building a new drilling and processing platform on the Snorre field in the North Sea to extract maximum remaining reserves. Together with Petoro and the other licence partners, Statoil has worked hard to find a good solution for extending the life of the field to 2040. A thorough evaluation of the “Snorre 2040” […]

  • EU: Study proposes tech neutral auctions for RE post 2020

    10 February 2017
    Business & Finance, Research & Development, Technology

    EU-funded study has concluded that the best cost-effective way to achieve the 2030 target for sourcing energy from renewables is through technology neutral auctions. For less established renewable energy (RE) technologies, like tidal range, different option has been suggested.

  • American Offshore Wind Sector Still Generating News

    17 December 2010
    Business & Finance

    There’s no shortage of developments in the US offshore wind power sector these days even though there is still not a single wind turbine generating power off the nation’s eastern coast. Capturing most media attention last week was Deepwater Wind which announced its plans to construct the Deepwater Wind Energy Center (DWEC), the first of […]

  • Nordex Announces 6 MW Offshore Wind Turbine (Germany)

    5 April 2011
    Technology

    At the Hannover Fair, Nordex SE has unveiled plans for its entry into the new offshore market segment. “Our strategy is being driven by the development of a competitive product. For this purpose, we are acting on the trend towards third-generation wind turbines, which are characterized by a substantially greater nominal output and lower specific […]

  • Global Wind Power Market to Add 51GW by 2017

    7 March 2014
    Research & Development

    MAKE expects the global wind power market to add 51GW on average from 2014 to 2017 as many traditional markets fulfil expiring policy mechanisms. The global market will grow 5% on average per year from 2018 to 2023 as the industry transitions into new support mechanisms; wind power becomes the cheapest power source through technology […]

  • Malaysia: Port of Tanjung Pelepas Invests Big in Modernization

    13 July 2012

    Malaysia’s Port of Tanjung Pelepas (PTP) is investing MYR 1.4 billion (US$442 million) over the next three years in a modernization plan designed to meet the docking requirements of mega-container vessels. PTP chairman Datuk Mohd Shaik Osman said the port is investing in new cranes, electrifying existing rubber-tired gantries (RTG) and building new berths to […]

  • McDermott Gets Pipeline Work from Shell Off Brunei

    21 June 2016
    Operations & Maintenance, Project & Tenders

    McDermott International has been awarded further pipeline work for 2017 under a multi-year offshore installation contract with Brunei Shell Petroleum Company (BSP). The work includes transportation and installation of pipelines and umbilicals in the Fairley and Ampa fields offshore Brunei. The full scope of work for the 2017 campaign is expected to include transportation and […]

  • Olympic Gets Another Standstill Agreement Extension

    1 December 2016
    Business & Finance

    Norwegian Olympic Ship, a provider of inspection, maintenance, and repair vessels, has reached an agreement with secured lenders to extend standstill agreement until and including December 21, 2016. The announcement follows the one from Tuesday in which the company informed that it secured an extension until November 30, 2016. As part of the standstill agreement, […]

  • Forum Sells Ashtead Technology Stake

    22 August 2019
    Business & Finance, Equipment

    Forum Energy Technologies’ subsidiaries have entered into a definitive agreement to sell their 40% interest in subsea rentals company Ashtead Technology. The buyers of Forum’s interest are Buckthorn Partners and other investors that currently own the majority of the equity interests in Ashtead. Total consideration for Forum’s interest and the settlement of a Forum GBP […]

  • Statoil gets nod to use ‘COSLInnovator’ on Troll field

    7 December 2015
    Equipment, Exploration & Production

    The Norwegian Petroleum Safety Authority (PSA) has given Statoil Petroleum its consent to use the COSLInnovator rig for drilling, completion, intervention, workover and well plugging on the Troll field, off Norway. In a letter sent to Statoil, the Petroleum Safety Authority Norway gave the company its consent for operations in the Troll field in production […]

  • Chariot Oil & Gas starts 3D survey of two blocks in Namibia

    18 January 2016

    Chariot Oil & Gas, an independent oil and gas exploration company, has started a 3D seismic acquisition survey of approximately 2,600 square km in Blocks 2312 & 2412A (the Central Blocks), offshore Namibia.  Chariot Oil & Gas’ partners are AziNam with 20% interest, NAMCOR 10%, and Ignitus with 5% interest. The survey is being conducted by […]

  • CGG slashes dayrate for seismic vessel Viking Vanquish

    23 January 2017

    Norwegian shipping company Eidesvik Offshore and French geophysical services company CGG have agreed to reduce the dayrate for the seismic vessel Viking Vanquish, effective from January 2017. Eidesvik said on Monday that the bareboat contract for the seismic vessel expires in November 2020 and the dayrate will be reduced for the rest of the contract. […]

  • Bureau Veritas gives seal of approval to KRISO’s OTEC

    29 January 2016
    Technology

    Bureau Veritas has issued its first Approval in Principle for an Ocean Thermal Energy Converter (OTEC) to a 1MW plant developed by the Korea Research Institute of Ships and Ocean Engineering (KRISO). The plant will be installed off the coast of South Tarawa, Republic of Kiribati, in the South Pacific Ocean. It consists of an octagonal 6,700-tonne […]

  • Vestas Signs EUR 1 Bn Revolving Credit Facility

    1 April 2014
    Business & Finance

    Vestas signed and completed a new five-year revolving credit facility on 31 March 2014 at a total amount of EUR 1bn. The facility has been successfully increased from the originally agreed total of EUR 850m and is now arranged by a group of six banks comprising of Nordea, DNB, HSBC, SEB, Société Générale and UniCredit. […]

  • Marine Energy Industry Drafts Policy Recommendations to DECC

    16 November 2015

    South West Marine Energy Industry informed today that it submitted a draft set of policy recommendations which are intended to  accelerate the commercialisation of wave and tidal energy to the UK Department of Energy and Climate Change (DECC) minister Andrea Leadsom, Regen SW informed. Johnny Gowdy said: “Over 20 South West business and university representatives made the trip up […]

  • Konecranes to Supply Cranes to Russian Shipyard

    4 February 2014

    Konecranes said it has recently received an order for the supply of 15 industrial cranes to the Zvezda Shipbuilding Complex in the town of Bolshoi Kamen in Russian Far East. The cranes, which are mainly CXT and SMARTON® cranes, will be delivered during 2014-2015. The Zvezda Shipbuilding Complex is one of the most advanced shipyards […]

  • UK: Statoil strikes oil in Verbier sidetrack

    9 October 2017

    Norwegian oil major Statoil has made an oil discovery in the Verbier sidetrack well in the outer Moray Firth on the UK Continental Shelf. Statoil said on Monday that the discovery held a minimum of 25 million recoverable barrels of oil near the wellbore. According to preliminary results, the amount of recoverable barrels at the […]

  • Ensco gains support from banks ahead of Atwood deal closure

    29 September 2017
    Business & Finance

    UK-based offshore driller Ensco has received commitments from lenders to extend the maturity date of its revolving credit facility by two years in connection with its pending acquisition of rival driller Atwood Oceanics.  In a statement on Thursday, Ensco said that the maturity date of its revolving credit facility would be extended from September 30, […]

  • Statoil evaluating development options for Newfoundland discovery

    10 June 2016
    Exploration & Production

    Norwegian oil company Statoil has completed a 19-month exploration drilling program offshore Newfoundland, Canada, the aim of which was to increase the robustness of the Bay du Nord project and to test new areas of the Flemish Pass Basin. The company drilled nine wells using the Seadrill-owned West Hercules semi-submersible drilling rig in the Flemish […]

  • Teekay Offshore Partners Confirms Two More Shuttle Tanker Orders

    2 August 2018
    Business & Finance

    Teekay Offshore Partners has brought its ordering tally at Samsung Heavy Industries to six shuttle tankers.

  • Moody’s: Paris Climate Agreement to Boost Wind Turbine Sales

    13 June 2016
    Authorities & Government, Business & Finance, Environment, Research & Development

    Wind turbine makers are set to benefit from the Paris Climate Agreement (COP21) as the call for increased investments to meet a targeted reduction in CO2 emissions is expected to positively impact their sales figures, according to Moody’s Investors Service. The increased investment, particularly in emerging markets, directed towards renewable energies such as wind and solar energy […]

  • British conglomerate swoops up TotalEnergies’ West of Shetland gas assets bundle

    27 June 2024
    Business & Finance, Business Developments & Projects

    TotalEnergies has decided to put several gas fields and associated infrastructure up for sale to optimize its portfolio and direct its attention to its core business.

  • Faroe Petroleum enters 2016 with boosted 2P reserves estimate

    6 January 2016

    Faroe Petroleum, the independent oil and gas company with assets in Norway and the UK, has announced its reserves grew almost a hundred percent in 2015, when compared to those reported in 2014. According to the company, LR Senergy has completed its independent technical report on Faroe’s reserves for 2015, and the 2015 year-end numbers are “materially […]

  • Noreco revenues up on increased production levels

    14 August 2014
    Business & Finance

    Norwegian Energy Company ASA (Noreco)  today reported its first half year revenues were NOK 702 million, compared to NOK 462 million for the same period last year. Significantly higher production is the main contributing factor for the increase in revenues. Noreco’s share of oil-and gas production was 5 763 boepd in the second quarter 2014 […]