5783 results found for 'matuku'

5783 results found for 'matuku'
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  • Aquamarine’s CEO Elected to Ocean Energy Europe Board

    9 December 2014
    Business & Finance

    Aquamarine Power Chief Executive Office John Malcolm was today elected to the board of Ocean Energy Europe – the influential Brussels-based trade body which has an important role in shaping European policy for wave and tidal energy. Speaking on his election at their AGM today, Mr Malcom said: “The recent events in the wave energy […]

  • Norway: Det Norske Expands it Reach in Barents Sea

    9 June 2011
    Business & Finance

    Today Det norske and partners DONG and Edison, signed agreements for production license 613 at the Ministry of Petroleum and Energy.  Production license 613 was awarded in the 21st licensing round. The license is located in the northern part of “Loppa High” in the Barents Sea. The license covers blocks 7322/10 and 11. The work […]

  • A glimmer of hope for Farstad Shipping?

    4 November 2016

    Norwegian offshore vessel owner Farstad Shipping, looking at ways to weather the storm caused by low oil prices, might have found a solution in Siem Industries. Farstad, the owner of 57 offshore vessels, has been working on various options to enhance its financial position in order to enable long-term operations for the company. Hundreds of […]

  • COSCO Completes Work on MV FALCON (China)

    27 August 2012

        Following the successful repair of MV EAGLE in October, 2011, the owner decided that they would take MV FALCON to COSCO Nantong Shipyard the following month (November) for repair. Due to revised cargo schedules, the ship repair plan had to be changed many times, but the owners continually reaffirmed their plan to bring […]

  • Moody’s Upgrades Royal Caribbean Rating

    19 June 2018
    Business & Finance

    Moody’s upgraded Royal Caribbean Cruises’ senior unsecured rating to Baa2 from Baa3. Rating outlook is stable.

  • 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 […]

  • Triton Knoll Announcement: Historic Step for UK Offshore Wind Industry Says RenewableUK

    11 July 2013

    RenewableUK has welcomed news that Triton Knoll Offshore Wind Farm, to be built off the east coast of England, has been given final consent by the Secretary of State for Energy and Climate Change Edward Davey. This major project will include up to 288 turbines and is due to have an installed capacity of up […]

  • Indonesia’s first marine floating solar power plant prototype launched

    9 April 2024
    Business & Finance, Business Developments & Projects, Collaboration, Human Capital, Innovation, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Vision

    The first marine floating solar power plant prototype in Indonesia, Solar2Wave, has been launched, backed by funding from Innovative UK. 

  • 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).

  • North Sea project comes online six months ahead of schedule

    25 August 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Equinor has started production from a project, which is expected to boost production by 26 million barrels of oil equivalents from a field in the North Sea off Norway.

  • GE and Petronas sign agreement to strengthen Malaysia’s energy sector

    31 March 2014
    Business & Finance

    GE has signed a new seven-year Global Frame Agreement with Petronas, Malaysia’s leading oil and gas corporation. The agreement, which includes an option to renew for a further three years, calls for GE to supply gas turbine packages for Petronas’ onshore and offshore projects in Malaysia and other countries around the world. The signing follows […]

  • Statoil finds gas near Ekofisk field in North Sea

    23 July 2015
    Exploration & Production, Project & Tenders

    Norwegian oil and gas major Statoil, operator of production licence 146, has found gas/condensate in the Julius prospect near the Ekofisk field in the North Sea, and is now in the process of concluding the drilling of wildcat well 2/4-23 S. The Norwegian Petroleum Directorate (NPD) has said that the well was drilled about 17 […]

  • Maersk, partners launch a center for zero carbon shipping

    25 June 2020
    Innovation, Research & Development

    Industry majors led by shipping giant A.P. Møller – Mærsk have teamed up in an effort to develop new fuel types and technologies by launching the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. Aside to Maersk, the founding members include ABS, Cargill, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Lines and Siemens Energy. The […]

  • Equinor exploring wind farm power option for two offshore fields

    28 August 2018

    Equinor and its partners at Gullfaks and Snorre fields off Norway have decided to explore the possibilities of supplying the Gullfaks and Snorre fields with power from floating offshore wind.

  • Multiple hydrogen projects supported by EU’s €3.6 billion clean tech funding

    14 July 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Technology, Transition

    Multiple European hydrogen projects have been selected by the European Commission (EC) to be financed through the EU Innovation Fund. Specifically, the EC awarded over €3.6 billion to 41 large-scale clean tech projects, many of them being hydrogen-related. According to EC, the funding will contribute to the greening of significant sectors of the European economy, […]

  • REM Offshore founder buys Forland vessels

    24 October 2017

    Norway’s offshore vessel owner Forland Shipping will sell its fleet of two subsea vessels to Nord Vest AS, a company run by Age Remoy, founder of REM Offshore, a company that recently became part of Solstad Farstad. Forland has found itself in a tight spot as it has been unable to keep its vessels – […]

  • CGG begins Gippsland Basin reprocessing project

    7 August 2017
    Project & Tenders

    French geophysical player CGG has announced the start of its Gippsland ReGeneration 3D reprocessing project in the Gippsland Basin, in South-East Australia. Historically, imaging the Gippsland Basin’s shelf break and numerous submarine channels has proven extremely challenging, CGG said on Monday. According to seismic player, with the application of its technology and workflows, including de-multiple […]

  • Centrica discovers gas at Pegasus West (UK)

    15 September 2014

    A gas discovery has been made at the Pegasus West well, offshore UK, Atlantic Petroleum, an exploration company based in Faroe Islands, has informed.

  • Malaysia: Gardline and AGSB Formalise Joint Venture Agreement

    2 August 2012
    Business & Finance, Project & Tenders

    Gardline and Asian Geos Sdn Bhd (AGSB) formalised their joint venture agreement in Kuala Lumpur on July 18. The ceremony was witnessed by the Deputy Finance Minister of Malaysia, Datuk Dr Awang Adek Hussein. AGSB is currently among the leading offshore geotechnical investigation and survey services providers to the oil and gas and marine-related industries […]

  • Lenders grant another extension to Olympic to complete restructuring

    24 January 2017

    Norwegian offshore vessel owner Olympic Ship has been granted another extended stand-still to complete its financial restructuring.  In July 2016, Olympic informed the company had initiated discussions with the secured lenders in relation to the need for an adjustment to the repayment profile of the financial debt of the company and its subsidiaries. After months of talks […]

  • Statoil to suspend one of Songa’s Cat D rigs

    31 October 2016
    Exploration & Production

    Norwegian oil company Statoil will suspend the contract for Songa Offshore’s Cat D rig Songa Enabler when the current well on the Snøhvit field in the Barents Sea is completed. According to the rig’s owner, the earliest estimate for completion  of the Barents Sea well is from the end of November 2016, according to the current […]

  • Paragon Secures CDB Credit Facility for Two Newbuilds

    21 May 2013

    Paragon Shipping Inc. has signed an agreement for a $69 million credit facility with China Development Bank (CDB) to partially finance its two 4,800 TEU containerships currently under construction, that are expected to be delivered in the second quarter of 2014. The Company has granted an option to Box Ships Inc., a subsidiary of the […]

  • Eagle Bulk Nabs USD 208 Mn Loan

    22 January 2019
    Business & Finance, Rules & Regulation

    Eagle Bulk Shipping received a commitment for a loan facility worth USD 208 million.

  • Baleària starts LNG retrofit of its Sicilia ferry

    6 March 2020
    Vessels

    Spanish shipping company Baleària has started the LNG engine retrofit works on its Sicilia ferry that will see the vessel running on LNG by June this year. 

  • USA: Qualification Testing Program for DeepFlex’s Pipe Components

    16 January 2012
    Business & Finance

    DeepFlex announced today it has entered into a contract with Petrobras to conduct a qualification testing program on DeepFlex’s patented composite flexible fiber reinforced pipe components. This multi-phase, multi-year contract will include over 5,000 individual tests. This contract award demonstrates Petrobras’ commitment to qualify DeepFlex’s products for offshore applications. Petrobras and DeepFlex have been working […]