5711 results found for 'matuku'

5711 results found for 'matuku'
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  • PNG: InterOil Reports 2Q Net Loss

    14 August 2012

    InterOil reported net loss for the quarter ended June 30 of $31.7 million compared with a net profit of $23.5 million for the same period in 2011. Second Quarter 2012 Highlights and Recent Developments InterOil announced confirmation of gas and an increased condensate ratio in an additional 131 feet (40 metres) of pay in the […]

  • SEA-LNG study: LBM and LSM to push LNG as marine fuel

    25 March 2020

    The multi-sector industry coalition SEA-LNG released a new study analyzing the availability and costs of Liquefied Bio Methane (LBM) and Liquefied Synthetic Methane (LSM) and the potential to contribute to future decarbonization for the shipping industry.

  • South America to stay ‘key region for high-impact exploration’, Westwood says in 2023 outlook

    12 January 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders

    High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy market research and consultancy firm Westwood reports, explaining that this is due to higher oil prices not having fed through into more exploration. South America is set to continue to be […]

  • Van Oord Kicks Off Anaklia Port Development Works

    18 September 2018
    Business & Finance

    An official ceremony dedicated to launching of the Anaklia Deep Sea Port marine construction works took place on September 16, the Ministry of Economy and Sustainable Development of Georgia said in their latest release.  In June 2018, Anaklia Development Consortium (ADC) awarded the dredging and reclamation works for the Phase 1 Anaklia Deep Sea Port […]

  • Anaklia Port Scheme to Kick Off in December

    17 October 2017
    Business & Finance

    Construction works on the Anaklia Deep Sea Port are scheduled to begin on December 20, it was announced at a meeting between Anaklia Development Consortium (ADC) and Georgian business sector representatives held at the Tax Payers Union’s office on October 12. During the meeting, Mamuka Khazaradze, ADC Co-Founder, said: “Anaklia Deep Sea Port is a project […]

  • 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 […]

  • South Korea to give $1 billion to ailing shipping firms during COVID-19

    23 April 2020
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Regulation & Policy, Vessels

    South Korea is to provide financial assistance of ₩1.25 trillion (around $1 billion) to struggling shipping companies negatively affected by the coronavirus pandemic.

  • 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 […]

  • Trelleborg Forms Subsea Storage Pact with Safe Marine Transfer

    13 November 2017
    Business & Finance, Equipment, Operations & Maintenance

    Trelleborg’s offshore operation has signed a strategic alliance agreement with Safe Marine Transfer to collaboratively mature and commercialize Safe Marine Transfer’s subsea chemical storage and injection system. Art J. Schroeder, Jr. Principal with Safe Marine Transfer, states: “After performing evaluations with several companies, we chose Trelleborg for its material expertise, in-depth applications know-how, and global […]

  • Enpro Subsea Flow Access Modules for Tullow Ghana Fields

    9 February 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Enpro Subsea has been awarded a frame agreement contract to support Tullow Oil activities in Ghana. The contract will see the Aberdeen-headquartered firm delivering subsea intervention technologies to support Tullow’s plans with new and existing wells in the Jubilee and TEN fields. The campaign will see a consignment of up to 15 of its patented […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • KDB Raises USD 278 Mn by Selling Green Bonds

    29 May 2018
    Business & Finance

    Korea Development Bank (KDB) collected up to KRW 300 billion by issuing green bonds on May 29.

  • KOBC to Offer Financial Support to 10 Shipping Firms

    30 July 2018
    Business & Finance

    KOBC said it would offer financial support to ten small and medium-sized shipping companies.

  • 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 […]

  • 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 […]

  • Det norske Announces Production Closing on Glitne, Norway

    1 March 2013
    Business & Finance, Operations & Maintenance

    On Sunday February 24, the last production well on Glitne was shut down, after 12 years of production. With a quadrupling of its useful life, more than doubling of production and excellent partnership cooperation, Glitne has been a success for compliance, both for Det norske and the other licensees. “Glitne has shown in practice how […]

  • 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) […]

  • Carnarvon Gets Preliminary 3D Seismic Data over Dorado

    18 February 2020
    Operations & Maintenance

    Carnarvon Petroleum has received the first preliminary data set from the 2019 Keraudren 3D seismic survey. The interpretation of the dataset is currently underway. Early indications show that the Keraudren 3D has achieved the objective of providing superior quality data over Dorado, and that this will be important for better defining the development of Dorado, […]

  • Olympic Shipping Strikes Deal with Creditors

    5 July 2016
    Equipment

    Olympic Shipping, a Norwegian provider of inspection, maintenance, and repair vessels, 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. […]