5756 results found for 'matuku'

5756 results found for 'matuku'
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  • Carnegie and Atlantis Resources Sign Collaboration Agreement

    25 February 2014
    Business & Finance, Project & Tenders

    Wave energy technology developer, Carnegie Wave Energy Limited, and UK based tidal developer, Atlantis Resources Corporation Limited have announced the signing of a Collaboration Agreement in London. The agreement outlines a range of areas that the companies will collaborate on including technology and project development with the aim of lowering the cost of generation of […]

  • Statoil Calls Off Stena Carron Drillship Contract

    21 November 2014

    Statoil has decided to cancel the Stena Carron drillship contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola. The rig contract will cease with effect from 21 November 2014. Statoil’s first well results from the area have been disappointing and although the company still sees remaining prospectivity in […]

  • Shell Snaps Up Chevron’s T&T Assets

    1 June 2017
    Business & Finance, Operations & Maintenance

    Chevron has entered into an agreement to sell all of its shares in Chevron Trinidad and Tobago Resources (CTTR) to Shell’s BG, and all of its interest in Trinling, an LNG marketing and transportation company, to Shell’s BG Gas. The transaction includes CTTR’s interest in Block E, Block 5 and Block 6, located in the […]

  • Reuters: Statoil needs more time for Johan Castberg concept

    26 June 2014
    Project & Tenders

    Norwegian oil giant Statoil is yet to decide on the concept for the development of the Johan Castberg field in the Barents Sea. As reported by Reuters today, Statoil’s CEO Helge Lund said that the company needs more time mature the concept adding it will not take long before Statoil reveals more information on the […]

  • Odfjell Drilling wins rig contract at Wintershall’s Maria field

    7 September 2015
    Business & Finance, Exploration & Production

    Norwegian drilling company Odfjell Drilling has won a drilling rig contract from Wintershall Norge AS, as part of the recently approved Maria field development in the Norwegian Sea. Under the agreement, Odfjell Drilling will provide the semi-submersible drilling rig Deepsea Stavanger for the drilling of production wells on the Maria field. The firm contract is […]

  • KrisEnergy loans $100M to buy oil and gas assets

    25 March 2014
    Business & Finance, Project & Tenders

    KrisEnergy Ltd. has announced that its wholly owned subsidiary, KrisEnergy (Asia) Ltd, has entered into a facility agreement whereby KrisEnergy will be granted a $100 million revolving credit facility maturing in March 2016 with an option to extend for an additional one year. The Facility will be used for the acquisition of hydrocarbon assets, general […]

  • Statoil Farms Into BP’s Blocks Offshore Southern Australia

    14 May 2013
    Business & Finance

    Norway’s oil company Statoil has signed a farm-in agreement with BP, acquiring a 30 percent equity share in four exploration licences offshore South Australia. “With this agreement we gain access to a vast, underexplored area with high-impact potential,” says Pål Haremo, senior vice president for Global new ventures in Exploration. “This is in line with […]

  • Norway: 21st Licensing Round Awards to Boost EMGS’ Revenues

    16 May 2011
    Business & Finance

      Electromagnetic Geoservices ASA (EMGS) announces that, on the basis of the new production licences awarded to its customers in the 21st Licensing Round on the Norwegian Continental Shelf, it expects to realise uplift revenues of USD 5.4 million from the Barents Sea multi-client 3D EM campaign in 2010. These revenues will be recognised in […]

  • LUKOIL Could Become First Russian Licenseholder on Norwegian Shelf

    8 December 2011

    Russian oil company LUKOIL has prequalified as an operator in Norway’s offshore oil zones, opening the door to licensing rounds which could add to the Russian oil company’s growing international portfolio. “LUKOIL has been prequalified as an operator,” Mette Agerup, assistant director of the Norwegian Ministry of Petroleum and Energy, told a seminar on regulation […]

  • APPEA Slams Gov’t Cash Bidding Initiative (Australia)

    15 November 2012

    The Australian Government plans to introduce cash bidding as a basis for awarding offshore exploration acreage in “mature areas”, Minister for Resources and Energy Martin Ferguson announced Wednesday. The move, described by the government as a positive one for the budget and all the Australians, was slammed by the oil and gas industry representatives. APPEA, […]

  • Norway: Havila Shipping to Finance Havila Subsea Vessel through Bond Issue

    10 March 2011
    Business & Finance

      Havila Shipping ASA is contemplating a new secured bond issue with maturity in March 2017. The bond loan will be NOK 600 million. The net proceeds from the bond issue will be directed towards long term financing of the vessel Havila Subsea. DnBNOR Markets and Pareto Securities are retained as managers of the contemplated […]

  • TGS, PGS in Barents Sea 3D seismic survey (Norway)

    29 May 2018

    Two Norwegian seismic companies TGS and PGS have announced a new multi-client project in the Barents Sea, offshore Norway, labeled the Nansen 3D Geostreamer.

  • ‘Significant’ gas discovery for Kosmos Energy offshore Senegal

    9 May 2016

    Exploration and production company Kosmos Energy has made a significant gas discovery at its Teranga-1 exploration well offshore Senegal.  The Teranga-1 well was drilled to a total depth of 4,485 meters. The well, located in the Cayar Offshore Profond block approximately 65 kilometers northwest of Dakar in nearly 1,800 meters of water, encountered 31 meters […]

  • National Oilwell Varco cuts loss as revenues grow

    28 July 2017
    Business & Finance

    U.S. oilfield equipment provider National Oilwell Varco (NOV) narrowed its net loss for the second quarter 2017 as revenues grew by 2 percent year-over-year.  The company on Thursday reported a second quarter 2017 net loss of $75 million compared to $217 million net loss in 2Q 2016. Excluding other items, net loss for the quarter […]

  • Ophir set to drill Ivory Coast wildcat in May

    9 March 2017
    Exploration & Production, Project & Tenders

    Oil company Ophir Energy is planning to spud an exploration well off Ivory Coast in May with the Seadrill-owned drillship West Saturn.  Ophir entered the country in 2016 by signing a production sharing contract with African Petroleum for Block CI-513. The agreement entailed drilling an exploration well within two years of the signing of the PSC. The company […]

  • Norway offers offshore acreage as part of APA 2017

    2 May 2017

    The Norwegian Ministry of Petroleum and Energy on Tuesday, May 2, 2017, announced this year’s licensing round for mature areas on the Norwegian continental shelf – Awards in Predefined Areas (APA) 2017 – with blocks in the North Sea, the Norwegian Sea, and the Barents Sea. The Ministry said on Tuesday that, in the APA 2017 round, […]

  • Subsea 7 bags $460M Catcher Project contract

    21 May 2014
    Business & Finance

    Subsea 7 S.A.  has been awarded its largest UK EPIC services contract, valued in excess of $460 million by Premier Oil UK Limited, in support of its Catcher Area Development, located 180km east of Aberdeen in Central North Sea Block 28/9. The contract covers the provision of project management, engineering, procurement, construction, fabrication and installation […]

  • Titan LNG: adoption of LNG as marine fuel picked up in 2017

    21 December 2017

    Titan LNG, the service supplier of liquefied natural gas to the marine and industrial markets in North West Europe, said the stage has been set for a push in the adoption of LNG as a marine fuel beyond the tipping point.

  • Esvagt’s SOV to Work on Dudgeon Offshore Wind Farm

    19 December 2014
    Business & Finance, Operations & Maintenance

    Dudgeon Offshore Wind Limited has awarded a 5 year contract for the Service Operation Vessel to Esvagt AS.  The contracted Service Operation Vessel (SOV) for Dudgeon wind farm is of the Havyard-832 design with a length of 83.7 meters and a width of 17.6 meters. The SOV is a DP-2 Class operated vessel, accommodating 60 persons […]

  • Luxembourg: EIB to Finance Northwind Project with EUR 333 Million

    29 June 2012
    Business & Finance

    The European Investment Bank (EIB) will grant EUR 333 million to finance the Northwind offshore wind power plant. The financial close, which was announced yesterday, will cover the construction and operation of a 216 MW offshore wind farm to be built on a sandbank located 37 km from the port of Ostend on the Belgian coast. This new […]

  • Dana Gas secures Zora project funds

    9 September 2014

    Dana Gas, has secured, through its wholly owned subsidiary Dana Gas Explorations FZE, a US$ 100 million Term Facility for the Zora field development project. This facility will contribute the debt component of the financing needed to complete the project and bring the Zora gas field on-stream.The credit facility, with Emirates Bank NBD Capital Limited […]

  • Malaysia Closing Down on Tanker Hijacking Mastermind

    26 June 2015

    Malaysian authorities are close to identifying a person who planned the hijacking of the oil tanker MT Orkim Harmony, local media reported the Malaysian Maritime Enforcement Agency’s deputy-director general Datuk Ahmad Puzi Ab Kahar as saying. The list of the so-called ”masterminds” behind the hijacking has been narrowed down to one name, Ahmad Puzi said. Ahmad Puzi […]

  • UK: CCC Concerned over Offshore Wind in EMR Delivery Plan

    10 September 2013
    Authorities & Government

    The UK Committee on Climate Change (CCC) welcomed the Government’s Electricity Market Reform (EMR) Delivery Plan, but highlighted its concerns over two issues with regard to offshore wind energy. The CCC voiced its concerns in a letter written to the Department of Energy and Climate Change (DECC), in response to the UK Government’s consultation on […]

  • USA: DOE Announces USD 1.5 Million in Funding for Wave Energy Development

    9 July 2013
    Authorities & Government, Business & Finance, Research & Development, Technology

    The U.S. Energy Department (DOE) has announced up to $1.5 million in funding for projects to design testing facilities to accelerate the development and deployment of wave energy systems. This funding is part of the Department’s effort to bring innovative wave energy technologies to market faster by providing developers with affordable access to world-class facilities […]

  • Bureau Veritas Issues Guidelines for De-Risking Floating Wind Projects

    20 December 2016
    Research & Development, Technology

    International classification society Bureau Veritas has published a set of guidelines to reduce and manage risk as ocean engineering requirements develop in the growing marine renewable energy sector. The guidelines, NI 631 “Certification Scheme for Marine Renewable Energy Technologies”, cover floating offshore wind turbines, current and tidal turbines, including sea and river turbines, wave energy converters, and ocean thermal energy converters […]