5711 results found for 'matuku'

5711 results found for 'matuku'
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  • Renewable energy industry losing confidence in EU’s Innovation Fund

    16 May 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition

    Several European renewable energy associations have united to call for changes to the EU’s Innovation Fund as its award criteria ‘puts renewable energy projects at a structural disadvantage’.

  • 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.

  • Keppel in talks to save KrisEnergy

    4 November 2016

    Singapore’s conglomerate and offshore rig builder Keppel Corporation is in talks to provide a lifeline to the upstream oil and gas company KrisEnergy, which could, in turn, lead to Keppel increasing its stake in KrisEnergy to almost 70 percent. The announcement by Keppel on Thursday follows KrisEnergy’s proposed financial restructuring, announced on the same day, which […]

  • Switzerland: Renewables to Triple Insurance Spending by 2020

    26 July 2013
    Business & Finance

    The renewable energy industry could be spending three times as much on insurance every year by 2020 to mitigate risks to projects, says a new report by Bloomberg New Energy Finance sponsored by Swiss Re. The report looked at six of the world’s leading markets for solar and wind, including Australia, China, France, Germany, the […]

  • Offshore Namibia seismic results encouraging, Pancontinental says

    23 July 2014
    Business & Finance, Project & Tenders

    Pancontinental Oil and Gas NL has advised that the 3D and 2D seismic surveys carried out earlier in 2014 in EL 0037 offshore Namibia are starting to yield very encouraging results. Initial Assessment of Seismic Data Initial mapping has confirmed at least four main prospects in the 3D area – the Albatross, Gannett, Petrel and Seagull Prospects. The Prospects […]

  • UK: BG Group 3Q Profit Up 17 pct Year-on-Year

    25 October 2011
    Business & Finance

    BG Group today announced revenue and other operating income increased by 21% to $5 397 million, reflecting the benefit of higher realised prices and a 1% increase in E&P production volumes. As a result of the above, total operating profit increased by 17% to $1 943 million. Cash generated by operations increased by 59% to […]

  • Aker BP sanctions North Sea discovery important for Ivar Aasen area

    15 December 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Aker BP and its licence partners have affirmed the investment decision for the development of a North Sea discovery.

  • Study: LNG Is the Most Commercially Viable Alternative Marine Fuel

    17 September 2019
    Business & Finance

    LNG is the most mature, scalable, and commercially viable alternative fuel currently available for the maritime industry.

  • Teekay Corp in a Refinancing Swoop as It Books Bigger Loss in Q1

    19 May 2016
    Business & Finance

    Teekay Corporation has reported a widened loss for the first quarter of this year booking USD 48.8 million GAAP net loss against USD 9.76 million reported in the corresponding period last year. The company’s consolidated cash flow from vessel operations (CFVO) increased to USD 359 million from USD 320.9 million in the prior year, primarily due to […]

  • CGG seeks stakeholder support amid financial restructuring

    12 May 2017
    Business & Finance

    French geophysical services company CGG is seeking stakeholder support for its financial restructuring proposal as it continues to negotiate the terms.  On March 3, 2017, CGG entered into a financial restructuring process involving the full conversion of its unsecured debt into equity and the extension of the maturities of its secured debt with the aim of […]

  • Statoil to Drill 20 to 25 Exploration Wells in Norway Next Year

    7 November 2013

    Statoil has announced “an exciting exploration programme in Norway also in 2014, building on the exploration successes of recent years.” Statoil plans to drill 20-25 exploration wells on the Norwegian continental shelf (NCS) in 2014, of which around two-thirds will be Statoil-operated. “Statoil’s exploration success rate on the Norwegian continental shelf has been over 70% […]

  • CGGVeritas to Fund Fugro Acquisition Through Bond Issue (France)

    13 November 2012
    Business & Finance

    CGGVeritas announces today the launch of an offering of bonds convertible into and/or exchangeable for new or existing shares (“OCEANEs”) due 1st January 2019 in an initial nominal amount of approximately €315 million, which may be increased up to a maximum nominal amount of approximately €360 million in the event of the full exercise of […]

  • Woodmac sees modest growth, record M&A in UK upstream sector in 2017

    17 January 2017

    Following the low activity in the UK upstream industry in 2016, the energy intelligence group Wood Mackenzie expects modest growth in 2017 but also a record for mergers and acquisitions. Activity was low on the UKCS in 2016 as companies were in full survival mode during the oil price downturn and added Brexit uncertainty. However, […]

  • Lundin finishes Edvard Grieg development drilling campaign

    5 July 2018
    Exploration & Production

    Lundin has completed the PDO development drilling program at its operated Edvard Grieg field on the Utsira High in the Norwegian North Sea.

  • Navios Partners Closes 1Q in Red

    23 May 2017
    Business & Finance

    Greek owner and operator of drybulk and container vessels Navios Maritime Partners suffered a net loss of USD 5.7 million in the first quarter of this year, compared to a profit of USD 0.2 million posted in the same period of 2016. Revenue for the quarter dropped to USD 42.4 million from USD 45.6 million […]

  • APPEA: NSW should turn to developing own resources

    25 February 2015

    The ‘Supply and cost of gas and liquid fuels’ inquiry, chaired by the NSW Shooters’ Party and NSW Greens, offers no sensible or viable solution to impending gas challenges.

  • BP against Scottish independence

    11 September 2014

    As the Scottish referendum approaches, everyone seems to have an opinion whether the Scots should remain part of the Kingdom or not. In a statement issued yesterday, Bob Dudley, the US-born CEO of BP, UK’s largest oil company, said that he, and the company, were in favor of the unaltered map of the UK. The statement […]

  • Sale of North Sea oil field brings $24 million to Eni’s Vår Energi

    1 November 2024
    Business & Finance, Business Developments & Projects

    Vår Energi, majority-owned by Italy’s Eni, has wrapped up the divestment of its interest in an Aker BP-operated field located in the Norwegian sector of the North Sea.

  • Pacific Drilling CEO steps down after almost a decade in position

    2 August 2017
    Business & Finance, Exploration & Production

    Offshore drilling company Pacific Drilling has informed that its CEO Christian J. Beckett has stepped down from his positions as CEO and as a member of the Board to pursue other opportunities. The company, which provides ultra-deepwater drilling services to the oil and natural gas industry, announced that Paul T. Reese, the Company’s current Executive […]

  • Shell begins laying the groundwork for recent North Sea gas discovery to become FID-ready

    14 November 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell is taking steps to set the stage for a potential final investment decision (FID) to be taken in relation to its recent gas discovery in the North Sea, which is located on the UK Continental Shelf (UKCS).

  • Roc Oil Strikes Oil Pay in Beibu Gulf, China

    5 November 2012

    Roc Oil (China) Company, the operator of the exploration wells within WZ6-12 and WZ12-8 West Oil Field Development areas in Beibu Gulf, China, advises the WZ6-12-A6 deviated step-out exploration well on the northern flank of the WZ6-12 South field reached a total depth (TD) of 2,658 metres (2,211 metres TVD) on 3 November and encountered […]

  • Contract Awarded for Construction of Anaklia Deep Sea Port

    8 February 2016
    Business & Finance

    The Anaklia Development Consortium LLC has been awarded the USD 2.5 billion contract to build and develop a deep sea port in Anaklia, thus establishing a new maritime corridor between China and Europe, helping restore the historic Silk Road. Construction on the project is scheduled to launch by the end of 2016, subject to completion of environmental […]

  • Ørsted reaches 7 GW offshore wind capacity with turbine No. 1500

    11 June 2020
    Business & Finance, Business Developments & Projects, Project & Tenders

    Ørsted has installed its 1,500th offshore wind turbine with which the world’s leading offshore wind developer reached 7 GW of capacity installed. Ørsted achieved this milestone recently after installing the 25th Siemens Gamesa 8 MW wind turbine on the 752 MW Borssele 1 & 2 wind farm in the Dutch North Sea. Before construction start […]

  • UK firm lands North Sea deal with Neptune

    13 November 2023
    Business & Finance, Business Developments & Projects, Equipment, Project & Tenders

    Plexus Holdings has won a rental contract with Neptune Energy for a plug and abandonment (P&A) project in the UK sector of the North Sea. 

  • Havila Shipping Provides Fourth Quarter 2013 Results

    31 January 2014
    Business & Finance, Operations & Maintenance

    Havila Shipping ASA achieved a profit before tax of NOK 4.3 m in Q4 2013, compared with NOK 11.0 m in Q4 last year. Year to date, the profit before tax was NOK 93.4m, compared with NOK 17.8m per 31/12/12. Total operating income and gains was NOK 360.2m in the Q4 of 2013. Total operating […]