5783 results found for 'matuku'

5783 results found for 'matuku'
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  • 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 […]

  • 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 […]

  • 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 […]

  • Hy2gen USA strikes offshore wind-to-hydrogen partnership with Ocean Connect Energy

    17 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Research & Development

    Hy2gen USA, the U.S. subsidiary of global green hydrogen producer Hy2gen, and Ocean Connect Energy (OCE) have signed a Memorandum of Understanding (MoU) to jointly investigate the potential to power renewable hydrogen production from offshore wind. The MoU formalizes a collaboration between the two companies to identify, evaluate, and develop favorable locations to power Hy2gen‘s […]

  • TGS puts together new executive team following Spectrum acquisition

    29 August 2019
    Business & Finance

    Multi-client services provider TGS has put together a new executive team following its recent completion of acquisition of Spectrum. 

  • Work on Submarine Cable Between Malta and Sicily Underway

    3 January 2014
    Business & Finance, Operations & Maintenance

    Enemalta announced on December 28th the beginning of the work on electricity interconnector with Sicily. A cable laying ship, which has 50km (5,000 tonnes of cable) of the interconnector cable, could be seen from the Coast Road in Bahar ic-Caghaq. The Nexans Skagerrak ship is a specially made ship which is designed for the laying […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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, […]

  • ‘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 […]

  • 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.

  • 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 […]

  • Pieter van Oord: Increasing Speed of Construction Brings Costs Down (Expertise Hub VIDEO)

    22 November 2017
    Business & Finance

    Construction companies are building offshore wind farms two to three times faster than in the past and are helping offshore wind developers bring down the amount of subsidies needed for the projects to materialize, Pieter van Oord, Chief Executive Officer of Van Oord, said on the sidelines of the Offshore WIND Conference in Amsterdam.

  • TECO 2030’s FCM400 development enters final stages

    10 January 2023
    Business Developments & Projects, Equipment, Green Marine, Innovation, Technology

    Norway’s cleantech company TECO 2030 has completed the selection of all major component suppliers and procured the necessary parts for the first fuel cell modules FCM400, bringing the modules’ development close to completion. The first units are now ready for assembly, with the project now shifting from design engineering to the build and validation phase. […]

  • Teekay LNG Partners tops off Norwegian bond offer

    12 November 2021
    Business & Finance, Business Developments & Projects

    Teekay LNG Partners, one of the world’s largest owners of LNG carriers, has priced NOK 1,000 million ($115,194) in new senior unsecured bonds that mature in November 2026 in the Norwegian bond market.

  • IEA-OES spotlights global wave energy progress

    30 March 2021
    Business Developments & Projects, Innovation, Technology

    Ocean Energy Systems (OES), a technology collaboration programme within the International Energy Agency (IEA), has released a report showing continued progress of wave energy developments in 2020.

  • CGG wraps up Barents Sea seeps study

    12 January 2021
    Exploration & Production

    CGG’s Satellite Mapping group recently completed a high-resolution hydrocarbon seeps study commissioned by the Norwegian Petroleum Directorate (NPD). The aim of the study was to increase petroleum system knowledge across the northern Barents Sea. CGG Satellite Mapping has over twenty-five years of experience in the detection and characterization of offshore seeps and slicks based on […]

  • Equinor in Norwegian Sea Find

    17 January 2019
    Business & Finance, Operations & Maintenance

    Equinor has, together with its partners Petoro, ExxonMobil and Total, proven gas and condensate in the Norwegian Sea Ragnfrid North exploration well. Recoverable resources are estimated at 6-25 million barrels of oil equivalent. “We are pleased to start the new year by announcing a new discovery. Exploring for resources close to existing infrastructure is a […]

  • CMA CGM obtains € 1.05 billion loan

    13 May 2020
    Business & Finance

    French container shipping major CMA CGM has secured a €1.05 billion ($1.1. billion) syndicated loan, the company announced. As disclosed, the loan will be arranged by a consortium of banks BNP Paribas, HSBC France and Société Générale and it would be 70% percent guaranteed by the French Government. It is part of France’s State-guaranteed loan scheme […]

  • Australia Announces Offshore Petroleum Exploration Acreage Release

    27 May 2013
    Business & Finance, Operations & Maintenance

    The Australian Government has announced the 2013 Offshore Petroleum Exploration Acreage Release comprising 31 areas across six basins in Commonwealth waters offshore of the Northern Territory, the Territory of Ashmore and Cartier Islands, Western Australia and Victoria. Announcing the Acreage Release at the annual APPEA conference in Brisbane, Resources and Energy Minister Gary Gray said […]

  • TechnipFMC wins SURF EPCI contract with Petronas

    1 June 2021
    Business Developments & Projects, Equipment, Project & Tenders

    TechnipFMC has secured an engineering, procurement, construction, installation and commissioning (EPCI) contract for subsea equipment for Petronas’ Limbayong deepwater development project offshore Malaysia.