5711 results found for 'matuku'

5711 results found for 'matuku'
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  • ‘Larger’ slice for oil & gas exploration on Norway’s new offshore licensing menu

    9 May 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    Norway’s Ministry of Petroleum and Energy has launched the award in pre-defined areas 2025 (APA 2025) round for oil and gas exploration activity, covering the predefined areas on the Norwegian Continental Shelf (NCS) with blocks in the North Sea, Norwegian Sea, and the Barents Sea.

  • Partners testing feasibility of CO2 storage at mature oil field off Australia

    4 April 2025
    Business Developments & Projects, Research & Development

    Japanese engineering company Chiyoda Corporation and Knutsen NYK Carbon Carriers (KNCC), a joint venture between Japanese shipping major NYK and Norway’s vessel operator Knutsen Group, have won a contract for a feasibility study related to a carbon capture and storage (CCS) project Australia’s Pilot Energy is undertaking with compatriot mining and metals company South32 in Western Australia.

  • ‘Sharp downturn’ in green energy leads to structural changes at Aker

    9 May 2025
    Business Developments & Projects

    Norway’s industrial investment company Aker has inked two strategic agreements, one referring to the purchase of a share its subsidiary Aker Carbon Capture (ACC) holds in its joint venture with SLB, and the other to a merger with its green energy-focused affiliate Aker Horizons.

  • Eco closing in on Orange Basin block operatorship

    6 May 2025
    Business Developments & Projects, Project & Tenders

    AIM-listed and Canada-headquartered oil and gas company Eco (Atlantic) Oil & Gas is drawing closer to finalizing the acquisition of a stake, allowing it to become the operator of an exploration block in the Orange Basin offshore South Africa.

  • Onboard carbon capture technology could keep ships ahead of IMO targets, report shows

    6 May 2025
    Carbon Capture Usage & Storage, Market Outlooks, Technology, Transition, Vessels

    Incorporating carbon dioxide (CO2) captured from heavy fuel oil (HVO) combustion onboard ships into concrete production provides the highest emissions reduction—up to 60%—among all utilization pathways, a new study suggests. The Global Centre for Maritime Decarbonization (GCMD) recently performed a life cycle assessment (LCA) to explore the potential of onboard carbon capture and storage (OCCS) […]

  • Fossil fuels are here to stay just like their greener brethren

    2 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Transition

    The wheels of the global energy mix continue to turn, making changes to the fossil fuel-dominated scenery more visible with new pathways being forged to push decarbonization forward and accommodate emerging energy supply sectors. Regardless, the previous year still brought multiple updates on steps the oil and gas industry took to scale up the production ante, including further market consolidation moves.

  • 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 […]

  • 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 […]

  • 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: 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 […]

  • 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 […]

  • 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 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 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 […]

  • 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 […]

  • Octanex Enters Farmout Deal with OMV NZ for PEP 51906 Permit, Offshore New Zealand

    10 May 2011
    Business & Finance

      Octanex N.L  announces that the farmout agreement made with OMV New Zealand Limited (“OMV NZ”), in relation to the PEP 51906 permit, has received the consent of the  New Zealand Minister of Energy under the Crown Minerals Act. As a result, the farmout agreement is now unconditional. OMV NZ entered into the farmout agreement […]

  • Borr Drilling’s rig turns up in Brazil for oil & gas decom work with Petrobras (Gallery)

    16 April 2025
    Business & Finance, Business Developments & Projects

    Petrobras has disclosed the arrival of a jack-up rig, owned by Borr Drilling, a UK-headquartered offshore drilling contractor, in Brazilian waters, where it will undertake well decommissioning activities at oil and gas assets off the coast of Brazil.

  • Acquisition of Mohua 2D Seismic Survey Completed

    22 April 2014
    Business & Finance, Operations & Maintenance

    Octanex N.L. has been advised by OMV New Zealand Limited (OMV), the Operator of the offshore Taranaki Basin permit PEP 53537, that the planned new 2D seismic survey, named Mohua, has been acquired. OMV has confirmed the survey vessel, “Aquila Explorer”, started acquisition of the Mohua survey on Saturday, 19 April 2014. After experiencing weather […]

  • OMV completes Mohua seismic data acquisition (New Zealand)

    22 April 2014

    Octanex N.L. has been advised by OMV New Zealand Limited (OMV), the Operator of the offshore Taranaki Basin permit PEP 53537 (Permit), that the planned new 2D seismic survey, named Mohua, has been acquired in the Permit. OMV has confirmed the survey vessel, “Aquila Explorer”, began acquisition of the Mohua survey on Saturday, 19 April 2014. After experiencing […]