5757 results found for 'matuku'

5757 results found for 'matuku'
Order results by

A list of search results

  • Decipher Energy’s Orlando field producing at half of capacity

    26 August 2019

    Peak rates have been restricted to around 5,000 bopd

  • Polarcus Closes Offering of USD 125 Million of Senior Secured Convertible Bonds (U.A.E)

    13 April 2011
    Business & Finance

    Polarcus Limited  announced that, due to overwhelming investor demand, the Company has decided to close the previously announced offering of USD 125 million in principal amount of Senior Secured Convertible Bonds . The Bonds to be issued by Polarcus are convertible into common shares with an annual coupon of 2.875% and a conversion premium of […]

  • Petronas hits pay offshore Gabon

    5 March 2018

    Malaysian oil and gas company Petronas has made an oil and gas discovery at its Boudji-1 exploration well in Block F14 (Likuale), located in South Gabon.

  • Magseis Fairfield and CGG secure additional pre-funding for Cornerstone survey

    29 July 2020
    Project & Tenders

    Magseis Fairfield has together with its partner, CGG, secured pre-funding from an oil major for the extension of the ocean bottom node (OBN) Cornerstone multi-client survey in the North Sea. This both confirms the industry interest in the area and reduces Magseis Fairfield’s relative exposure in the project. “Together with CGG we are bringing together […]

  • EU to ban export of oil exploration technology to Russia

    30 July 2014

    The European Union Council’s Committee of Permanent Representatives (Coreper) yesterday reached agreement on EU restrictive measures in view of Russia’s actions destabilising the situation in eastern Ukraine. In order to restrict Russia’s access to EU capital markets, EU nationals and companies may no more buy or sell new bonds, equity or similar financialinstruments with a maturity […]

  • More jobs cut in UK North Sea

    21 January 2015

    After BP last week announced it would lay off 300 workers in the UK, amid plunging oil prices and challenging market conditions, another UK North Sea operator has decided to follow suit. According to BBC, Talisman Sinopec said that from a workforce of around 3000, ten per cent would be affected. Of the three hundred […]

  • CAMAC preps for Gambia 3D shoot

    15 December 2014
    Business & Finance, Equipment

    CAMAC Energy’s subsidiary CAMAC Energy Gambia has awarded a contract for the acquisition of a 3D seismic survey offshore Gambia to Polarcus Limited. The survey will cover approximately 1,504 km2 in the company’s A2 and A5 blocks. CAMAC says that the objectives of the seismic survey are to enhance the definition and maturation of potential […]

  • Norway: Major Player Joins EMGS, Shell in Developing Cutting Edge 3D EM System

    7 April 2011
    Business & Finance, Equipment

      Electromagnetic Geoservices ASA (EMGS)  announces that a major international oil company has joined EMGS and Shell in a joint industry project (JIP) to plan and design the next-generation 3D EM system. “We are delighted that yet another customer with extensive EM experience has joined the JIP,” says Roar Bekker, EMGS chief executive officer. “Both […]

  • Italy: Bureaucracy Keeps Petroceltic Away from Drilling at Elsa Prospect

    17 March 2011
    Business & Finance

    Activity on Petroceltic’s Elsa discovery, located in the Central Adriatic B.R268.RG permit, continues to be delayed due to uncertainties in the legal interpretation of Italian Legislative Decree L.D. 128, passed into law in  August 2010, which prohibits drilling in  the Italian seas within 5 nautical miles of the coastline and within 12 nautical miles around […]

  • Spring Energy Acquires Interest in PL 438, Barents Sea, Norway

    28 February 2011
    Business & Finance

      Spring Energy has agreed to acquire Marathon Petroleum Norge AS’ 17.5 % interest in production license 438, located in the Barents Sea. An exploration well targeting the Skalle prospect is scheduled to be drilled in the license this summer. Lundin is the Operator for PL438, while the other license participants are RWE Dea, Talisman […]

  • 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 […]

  • USA: NOAA Issues Emergency Action to Prevent Opening of Scallop Area to Protect Resource

    27 May 2011
    Business & Finance

      NOAA announced that, at the request of the New England Fishery Management Council and members of the scallop industry, it will not reopen the Nantucket Lightship Access Area to scallop fishing, as had been scheduled for June 15. “We are working with the council and scallop fishermen to protect scallops and southern New England […]

  • Containerships Secures Financing for LNG-Fueled Duo

    31 March 2015
    Business & Finance

    Finland-based shortsea operator Containerships has secured financing for the acquisition of two new LNG-fueled container vessels to be constructed at China’s Yangzhou Guoyu Shipyard. The move forms part of the company’s investment in up to six identical LNG-fueled vessels aimed at adapting its fleet and operations to new legislation on sulphur emissions. Containerships said that it plans to become the […]

  • CMA CGM Seals Deal to Sell Stakes in 10 Port Terminals to Terminal Link

    23 December 2019
    Business & Finance

    CMA CGM signed an agreement with CMP to sell a portfolio of stakes in ten port terminals to Terminal Link.

  • USD 90 Mn Loan in the Bag for Scorpio Bulkers

    4 October 2018
    Business & Finance

    Scorpio Bulkers has scored yet another loan, continuing its successful fleet financing streak.

  • Africa Energy farms into exploration license offshore Namibia

    29 November 2016
    Business & Finance

    Canadian oil and gas exploration company Africa Energy has entered into a farm-out agreement with a subsidiary of Pancontinental Oil & Gas to acquire a 10% participating interest in Petroleum Exploration License 37 offshore Namibia (PEL 37). The company said on Tuesday that, under the terms of the agreement and similar to the terms of […]

  • 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 […]

  • Hess takes interest in offshore Suriname block

    3 May 2016

    Kosmos Energy has entered into a farm-out agreement with a subsidiary of the Hess Corporation, Hess Suriname Exploration, covering the Block 42 contract area offshore Suriname. Under the terms of the agreement, Hess will acquire a one-third non-operated interest in the Block 42 contract area from both Chevron and Kosmos. As part of the agreement, […]

  • Transocean posts $1.7B loss on jack-up fleet impairment

    3 August 2017
    Business & Finance, Exploration & Production

    Offshore driller Transocean posted a net loss of $1,69 billion for the second quarter of 2017, compared to a net income of $82 million in the second quarter of 2016, dragged down by jack-up fleet impairment. Revenues were $751 million, down from $940 million a year ago. Second quarter 2017 results included net unfavorable items […]

  • Eni hits dust in Barents Sea well

    15 March 2017
    Exploration & Production

    Italian oil company Eni has completed drilling of an exploration well in the Barents Sea but found no hydrocarbons as a result.  The 7183/12-2 Boné exploration well is located in license PL716 where Eni is the operator with 30% interest. The partners in the license are Faroe Petroleum (20%), Bayerngas Norge (20%), Petoro (20%), and Point Resources (10%). According […]

  • OGA awards eight deals for UKCS subsurface databases

    2 May 2017
    Business & Finance

    UK’s Oil and Gas Authority (OGA) has awarded £1.5 million ($1.9 million) of contracts to purchase comprehensive subsurface databases to encourage further exploration in underexplored areas of the UK Continental Shelf (UKCS). OGA said on Monday that the datasets purchased would underpin much of the OGA’s work across the exploration and production (E&P) lifecycle including […]

  • Frames scores work on Chevron’s platform offshore Nigeria

    6 April 2017
    Equipment

    U.S oil major Chevron has awarded Frames a contract to design and supply a new gas dehydration unit with a glycol regeneration package for an offshore platform in the Niger Delta. Frames said that the process package will be installed on Chevron existing Okan platform in the Western Niger Delta region. Frames Group designs, delivers, […]

  • Premier Oil to Develop Sea Lion Field via Tension Leg Platform

    16 January 2014

    Rockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, is has completed the concept selection process for the Sea Lion Development with partner Premier Oil (“Premier”). Premier as Operator of the field has recommended the Tension Leg Platform option as the most suitable technical and commercial solution for the development of Sea […]

  • Alphaliner: Global Container Trade Growth Bounces Back

    24 October 2017
    Business & Finance

    Driven by strong volume growth across all main regions, the global container throughput growth is on track to exceed 6% in 2017, according to Alphaliner. Following a strong first half growth estimated at 6.7%, third quarter throughput figures have remained robust. Chinese ports (including Hong Kong) led the way, recording a 9.3% growth in the […]

  • Genco Closes New USD 400 Mn Financing

    16 November 2016
    Business & Finance

    Dry bulk specialist Genco Shipping & Trading Limited has closed on a new USD 400 million loan which will be used to refinance all of its existing credit facilities. The new facility has improved the terms and covenants across all of the company’s refinanced facilities and simplified its capital structure, according to Genco. The terms of the loan […]