5753 results found for 'matuku'

5753 results found for 'matuku'
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  • 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. […]

  • Kvaerner in Jacket FEED on Johan Sverdrup Phase 2

    21 March 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Kvaerner has signed a contract with Statoil for delivery of a FEED study on Johan Sverdrup Phase 2 for P2 Jacket. The work will be performed by Kvaerner’s specialised design engineering group for steel substructures. The contract is a call-off from the framework agreement that was entered into by Statoil and Kvaerner in 2014, and […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Norway: EMGS Strengthens Executive Management Team

    8 March 2012
    Business & Finance

    David Neser has been appointed Chief Operating Officer and Chief Technology Officer of Electromagnetic Geoservices ASA (EMGS) with effect from 1 May, 2012. David joins EMGS from WesternGeco, and brings with him over 20 years of experience in operations management, sales, business development and new product development. In addition, Dave Ridyard has been appointed Executive […]

  • Pacific Drilling files for Chapter 11 Bankruptcy

    13 November 2017

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

  • 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.

  • 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 […]

  • Steel Cut for Largest Jones Act Boxships

    2 October 2015
    Business & Finance

    U.S. commercial shipbuilder Aker Philadelphia Shipyard has started constructing two 3,600 TEU “Aloha Class” container ships ordered by Matson Navigation Company, a subsidiary of Matson Inc.   The contracts for the vessels were originally signed in 2013 for a total value of USD 418 million, with deliveries expected in the second half of 2018. The 260 meter (853 […]

  • Steel Cut for Largest Jones Act Boxships

    2 October 2015
    Business & Finance

    U.S. commercial shipbuilder Aker Philadelphia Shipyard has started constructing two 3,600 TEU “Aloha Class” container ships ordered by Matson Navigation Company, a subsidiary of Matson Inc.   The contracts for the vessels were originally signed in 2013 for a total value of USD 418 million, with deliveries expected in the second half of 2018. The 260 meter (853 […]