5783 results found for 'matuku'

5783 results found for 'matuku'
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  • APPEA: NSW chief scientist report highlights high standards in gas companies

    2 October 2014

    The report released by the New South Wales Chief Scientist should give the green light to the responsible development of the state’s natural gas resources, says APPEA. The report states that the technical challenges and risks posed by the industry can be safely managed and notes the high standards of engineering and professionalism in natural gas companies. […]

  • E.ON to Invest in Offshore Wind Every Two Years

    7 November 2016
    Business & Finance, Environment, Storage

    E.ON Climate & Renewables (ECR), the renewables unit of the German energy company E.ON, plans to invest in one offshore wind project every two years as the company halved its renewable energy investment pipeline due to changing market regulations, ECR’s CEO Michael Lewis told Reuters. ECR is cutting its pipeline from 10GW reported in summer 2015 to 5GW this […]

  • USA: Halliburton Welcomes New Member to Board of Directors

    28 March 2013
    Business & Finance

    Halliburton announced that José C. Grubisich has been named to the company’s board of directors. He will serve on the Audit and the Health, Safety and Environment committees. The appointment was effective March 20, and Grubisich will stand for election at the annual meeting in May with all of the other directors. Since 2012, Grubisich […]

  • Starfish-1 Well Drilling Ops Move Forward (Ghana)

    3 July 2013
    Business & Finance, Operations & Maintenance, Research & Development

    Rialto Energy Limited has released an update on the Ophir Energy-operated Starfish-1 oil exploration well in the Offshore Accra Contract Area, Ghana. During the period from 1400 hours (AWST) on 25 June 2013 to 1400 hours (AWST) on 2 July 2013 the 17½” (444.5mm) hole section was drilled to final total depth. The 13⅜” (340mm) […]

  • Halliburton to Provide MLT Technology for Statoil’s Offshore Fields

    18 February 2013
    Equipment

    Halliburton has been selected by Statoil to provide multilateral technology (MLT) for two mature fields offshore Norway. The three-year frame agreement includes two optional periods of two years each and has an estimated value of more than $200 million. The new FlexRite® Multibranch Inflow Control (MIC) junction and the FlexRite® Intelligent Completion Interface junction, of […]

  • Statoil Goes Shopping Offshore Suriname

    18 November 2011
    Business & Finance

    Statoil has acquired a 30% participating interest in block 47 offshore Suriname from Tullow Oil.  Tullow Oil operates the block 47 licence offshore Suriname with 100% working interest. Tullow will retain the operatorship and 70% working interest. The agreement is subject to approval from Staatsolie Maatschappij Suriname, the state oil company of Suriname. Block 47 […]

  • Expro slashes jobs in Aberdeen. Responds to market downturn

    17 March 2015
    Business & Finance, Equipment

    Expro, a UK-based oilfield services provider is another company in the sector forced to reduce its workforce. The oilfield services sector has been hit hard by the cuts in spending by the oil companies, due to the low oil prices. In an e-mail sent to Offshore Energy Today, Expro, which employs over 5,400 people in over […]

  • Australia: 29 new offshore blocks for exploration

    18 May 2015

    The Australian Government today released 29 areas for offshore petroleum exploration in eight basins in Commonwealth waters under the 2015 Offshore Petroleum Exploration Acreage Release. Addressing the opening session at the annual Australian Petroleum Production and Exploration Association (APPEA) conference in Melbourne, Minister for Industry and Science Ian Macfarlane said this year’s release offered explorers a […]

  • EMGS Sets its New CSEM Depth Record in Gulf of Mexico

    4 March 2011
    Business & Finance, Equipment

      In February, EMGS extended its water-depth record by towing an EM source at a depth of 3,449 m. The survey is part of the long-term work EMGS is performing for PEMEX in the Gulf of Mexico. Markus Skarø, EMGS Vice President of Acquisition, says, “The new record is 57 m deeper than our previous […]

  • Better TCE Rates Push Dorian LPG’s Revenue Up

    1 November 2018
    Business & Finance

    Dorian LPG’s revenues up due to an improvement in time charter equivalent (TCE) rates.

  • Olympic Shipping in standstill deal with lenders

    5 July 2016

    Olympic Shipping, an Oslo-listed offshore support vessels owner, has entered into a standstill agreement with its secured lenders. The discussions with the lenders were initiated in the first quarter of 2016, in relation to the need for an adjustment to the repayment profile of the financial debt of Olympic Shipping and its subsidiaries. According to a […]

  • Eni turns profitable in 2Q. Lifts oil and gas output

    28 July 2017
    Equipment

    Italy’s Eni posted a net profit of EUR 18 million in the second quarter of 2017, an improvement from a loss of EUR 446 million reported in the second quarter of 2016. The company’s oil and gas production grew to 1.77 million barrels of oil equivalent a day, a three percent rise versus the corresponding […]

  • Pacific Drilling files for Chapter 11 Bankruptcy

    13 November 2017

    Offshore drilling company Pacific Drilling has filed for Chapter 11 Bankruptcy.

  • Latvian Shipping Company Fixes USD 121 Mn Loan

    2 March 2017
    Business & Finance

    Latvian Shipping Company has completed its loan refinancing procedure, securing a loan of USD 121 million from a syndicate of three banks and simultaneously repaying the previous loan, the tanker owner said on Tuesday. The new loan has been issued with a repayment deadline of June 30th, 2022. “We are delighted to have completed the refinancing […]

  • Matson Borrows More

    31 July 2015
    Business & Finance

    U.S. shipping company Matson Inc. plans to issue USD 75 million of 30-year senior unsecured notes, as well as to increase its existing USD 375 million unsecured revolving credit facility to USD 400 million, extending it for a new five-year term, maturing July 2020. The senior unsecured notes will have a weighted average life of approximately 13 years and will bear […]

  • LR, HHI, HMD Team Up on STS LNG Bunkering Study

    6 September 2016
    Business & Finance

    International classification society Lloyd’s Register (LR) and South Korean shipbuilders Hyundai Heavy Industries (HHI) and Hyundai Mipo Dockyard (HMD) have signed a joint development project (JDP) to produce a ship-to-ship (STS) liquefied natural gas (LNG) bunkering compatibility study.  The study is expected to review the design requirements between 6.600 m³ LNG bunkering ships and 14,000 […]

  • Subsea7 shows off remote ROV piloting capabilities offshore Brazil

    21 August 2023
    Business Developments & Projects, Equipment, Outlook & Strategy, Technology

    Subsea7 has marked an advancement in its pioneering remote piloting technology offering, by fully operating a workclass ROV from Scotland to carry out operations 9,400 km away off the coast of Brazil.

  • Surveys completed for Celtic Sea floating offshore wind projects

    1 March 2023
    Business Developments & Projects, Operations & Maintenance, Project & Tenders, Research & Development, Vessels

    N-Sea Group has finished a series of benthic and geophysical surveys for Llŷr 1 and Llŷr 2 floating offshore wind projects in the Celtic Sea. N-Sea conducted the offshore surveys using its N-Sea Spirit vessel, establishing a baseline ground model which will be developed as the project matures, Floventis Energy said, the developer of the […]

  • E.ON hires Jee for subsea services in North Sea

    13 April 2015
    Business & Finance

    Jee Ltd, a subsea engineering and training firm, has secured a contract with E.ON Exploration and Production (E.ON E&P), to deliver subsea integrity management and engineering services for its UK North Sea assets. The three year contract, involves Jee supporting E.ON E&P’s Subsea Technical Authority, by providing annual integrity management services for its subsea assets. The […]

  • Statoil Acquires 30 Pct Interest in Block 47 Offshore Suriname from Tullow Oil

    18 November 2011
    Business & Finance, Operations & Maintenance, Research & Development

    Tullow Oil operates the block 47 licence offshore Suriname with 100% working interest. Tullow will retain the operatorship and 70% working interest. The agreement is subject to approval from Staatsolie Maatschappij Suriname, the state oil company of Suriname. Block 47 lies in a frontier area in the Guyana Basin. The licence is located some 270 […]

  • DeepOcean Secures EUR 125 Million Senior Credit Facility

    6 March 2013
    Business & Finance

    The DeepOcean Group announced it has secured a new €125 million senior credit facility. The agreement consists of a €95 million senior secured revolving credit facility including an ancillary feature for performance guarantees and a €30 million senior secured term loan facility. Both the revolving credit facility and the term loan facility have a three-year […]

  • Genel: Oil presence confirmed at Cap Juby well, offshore Morocco

    7 March 2014

    Genel Energy has informed that the JM-1 well on the Cap Juby prospect, offshore Morocco, has encountered oil shows.

  • Eni Completes Placement of Bonds Exchangeable into Snam Shares, Italy

    16 January 2013

    Eni said it has completed the placement of EUR 1,250 million aggregate principal amount of senior, unsecured bonds, exchangeable into ordinary shares of Snam. The Bonds will have a maturity of 3 years and will pay a coupon of 0.625% per cent per annum, payable annually in arrears. The Bonds will be exchangeable into Snam […]

  • Another oil major abandons Alaska Arctic drilling plans

    17 November 2015

    After Shell in September said it would cease its offshore exploration efforts in Alaska, another oil major has decided to follow suit. Namely, Norway’s largest oil company Statoil on Tuesday said it has decided to exit Alaska following recent exploration results in neighbouring leases. The leases in the Chukchi Sea are no longer considered competitive within […]

  • Wintershall Deploys Emerson Roxar System on Maria Field

    21 November 2017
    Equipment

    Emerson’s latest Roxar downhole sensor system has been deployed on the Maria field offshore Norway, providing the field’s operator Wintershall with improved well integrity monitoring and offshore safety. The pressure and temperature monitoring system allows Wintershall to verify that the predicted pressure buildup falls within the design criteria, and an alarm trigger point is implemented […]