5711 results found for 'matuku'

5711 results found for 'matuku'
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  • 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 […]

  • Scorpio Bulkers Secures Loan

    7 November 2014
    Business & Finance

    Dry bulk shipping company Scorpio Bulkers, Inc. has received a commitment from ABN AMRO Bank N.V. for a loan facility of up to USD 39.6 million. The facility was arranged by ABN AMRO Bank N.V., the Netherlands, with insurance cover to be provided from the China Export & Credit Insurance Corporation (Sinosure). Scorpio said that […]

  • UK: HiDef to Take Part in Global Offshore Wind Show

    21 May 2012

    HiDef will be exhibiting at the first Global Offshore Wind Show to be held in London’s Excel Centre on 13th and 14th June. Stand 233. HiDef Managing Director John Martin commented: “There are so many nations now contemplating offshore wind that it makes sense to have a global show. HiDef have invested in our largest […]

  • 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 […]

  • 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 […]

  • Algoma, Nova Create Cement Carrier JV

    17 January 2016
    Business & Finance

    Canada’s Algoma Central Corporation has entered into a joint venture agreement with Nova Marine Holding SA of Luxembourg and its subsidiaries to create a specialized global fleet of cement carriers. Under the deal, Algoma will own 50% of the joint venture, which is to be named NovaAlgoma Cement Carriers or NACC. “We are very excited […]

  • 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 […]

  • Lockheed Martin: First LNG Tank Rolls Off Assembly Line

    16 April 2014

    Lockheed Martin’s first liquefied natural gas (LNG) tank has transitioned from the assembly line to the shipyard for integration with the Wartsila LNG propulsion system. Weighing in at 250,000 pounds, this LNG tank built with U.S. steel is the first of its kind for Lockheed Martin and will soon be used for marine applications under […]

  • 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. […]

  • Equinor Picks Hywind Tampen Turbine Assembly Venue

    5 February 2019
    Ports & Logistics, Project & Tenders

    Equinor has contracted the Gulen Industrial Harbour in Norway to provide a turbine assembly site for the Hywind Tampen floating wind project. The Gulen Industrial Harbour will provide onshore and inshore areas for storage, assembly and commissioning of all the components for the turbines, as well as necessary infrastructure and facilities in the project period. According to Equinor, […]

  • 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 […]

  • Report: Offshore Wind on Fast Track to Cost Competitiveness

    28 March 2017
    Business & Finance, Research & Development, Technology

    Offshore wind could potentially be fully integrated into the market on a competitive basis in some European countries within the next decade, according to a new report published by the International Energy Agency’s Renewable Energy Technology Deployment programme (IEA-RETD).

  • Equinor hands over development plan for multi-million gas tie-back in North Sea

    15 September 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Equinor has submitted a plan for the development and operation (PDO) for a gas discovery in the North Sea.

  • SodaFlexx CEO: The best fuel is unburnt fuel

    6 December 2022
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Research & Development, Technology, Transition

    The best solution for the shipping sector to cut CO2 emissions in the short term is to resort to fuel consumption efficiency measures in anticipation of greater maturity of green fuels’ production and the development of the relevant infrastructure, as explained by Barry Bednar, CEO of SodaFlexx. The London-based equipment innovator has developed a concept […]