5711 results found for 'matuku'

5711 results found for 'matuku'
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  • MEO Australia: WA-360-P Renewed

    8 March 2012

      MEO Australia said today that Commonwealth – Western Australia Offshore Petroleum Joint Authority has granted a five year renewal of Petroleum Exploration Permit WA-360-P. The renewal includes the mandatory relinquishment of seven of the original 15 graticular blocks which comprised the permit and retention of eight graticular blocks. The minimum work program commitment in […]

  • Vattenfall Gives Its Financial Targets a Renewables Reality Check

    13 December 2017
    Business & Finance

    Vattenfall set its new financial targets at an extraordinary general meeting on 12 December, as the renewable energy sector has matured and changed market conditions, resulting in lower risks and thus a lower and more stable financial return.

  • Trident kicks off the new year with fresh Congo acreage

    15 January 2025
    Business & Finance, Business Developments & Projects

    UK-headquartered oil and gas company Trident Energy has completed the acquisition of Chevron’s Congolese subsidiary and its in-country assets and a working interest in two fields from TotalEnergies off the coast of Congo.

  • Two offshore wind-to-hydrogen projects withdraw from UK’s first electrolytic allocation round

    18 August 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    An Ørsted-Phillips 66 partnership and ERM have withdrawn their Gigastack and Dolphyn projects, respectively, from the UK’s first electrolytic allocation round (HAR1). While ERM has made the move as it aims at securing alternative funding for a phased multi-unit larger development, Ørsted and Phillips 66 have now halted their Gigastack project. Both projects involve producing […]

  • TAQA eyes joining 900-kilometer European interconnector

    19 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Abu Dhabi National Energy Company PJSC (TAQA) has signed a memorandum of understanding (MoU) to explore the possibility of becoming one of the shareholders in a project to develop a 900-kilometer HVDC electricity interconnection between Greece and Cyprus. Under the terms of the MoU, TAQA will explore joining Greece’s transmission system operator (TSO) Independent Power […]

  • SEA-LNG study: LBM and LSM to push LNG as marine fuel

    25 March 2020

    The multi-sector industry coalition SEA-LNG released a new study analyzing the availability and costs of Liquefied Bio Methane (LBM) and Liquefied Synthetic Methane (LSM) and the potential to contribute to future decarbonization for the shipping industry.

  • Ophir acquires interest in seven PSCs in Indonesia

    27 October 2014

    Ophir Energy buys interest in seven PSCs in Indonesia from Niko Resources.

  • 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. 

  • Norway: I.M. Skaugen Releases 1H Results

    18 July 2012

    The I.M. Skaugen Group achieved a negative pre-tax result for 2Q 2012 of USD5.1 mill, down from a small profit of USD0.1 mill in 1Q 2012. EBITDA increased to USD6.6 mill for 2Q 2012 compared to USD5.3 mill in 1Q2012. For 1H 2012 the pre-tax result was a loss of USD5.1 mill, down from a […]

  • Borr ponders equity offering of $30 million to bring its refinancing strategy to life

    28 December 2021
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Borr Drilling is contemplating an equity offering of $30 million in its quest to successfully complete its refinancing plan.

  • Pancontinental: Second 2D survey off Namibia ends

    28 April 2014
    Business & Finance, Project & Tenders

    Pancontinental Oil & Gas NL advises that a second seismic survey acquisition of 1,000km of 2D data has now been completed within its highly prospective offshore acreage in licence area EL 0037 offshore Namibia, southwest Africa. The 2D acquisition extends to the south beyond a recently completed 3D survey of approximately 3,000km2 and provides infill […]

  • Philippines: NidoPetroleum Encouraged by Results of the Deepwater Sea-bed Coring Program in NW Palawan Basin

    22 September 2010
    Project & Tenders

    Nido Petroleum Limited  on behalf of the SC 58 Joint Venture,  provides the preliminary results of the deepwater sea-bed coring program completed in the NW Palawan basin in April 2010. Highlights of the preliminary interpretation and geochemical analysis of the acquired core data are as follows: • The majority of core data indicates widespread micro-seepage […]

  • Tullow identifies further cost savings as lenders approve credit

    3 April 2020
    Business & Finance

    Tullow Oil has identified further cost savings while its lenders have approved its credit facility with a $1.9 billion of debt capacity.

  • Aker Solutions on Track to Deliver First Johan Sverdrup Draft Report

    26 August 2014
    Business & Finance, Research & Development

    Aker Solutions has assembled one of its biggest engineering teams ever to deliver the initial plans for the engineering and design phase of the giant North Sea Johan Sverdrup oil deposit. The company is on track to deliver the first draft report due in the fourth quarter, a project that has involved 400 employees in […]

  • ‘Challenging conditions’ prompt Neste to discontinue initial green hydrogen project at Porvoo refinery

    24 October 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Amid “challenging market conditions and financial performance”, Finnish oil refining and marketing company Neste has decided to re-evaluate its plans for renewable hydrogen production and withdraw from investing in a 120 MW electrolyzer at its Porvoo refinery. Originally, Neste’s plan included building a 120 MW electrolyzer that would produce green hydrogen for the Porvoo refinery’s […]

  • Deltamarin, Aker Arctic Flaunt Arctic Tanker Design

    18 September 2015
    Business & Finance

    Deltamarin Ltd and Aker Arctic Technology Inc have jointly developed a modern Aframax-sized tanker concept for arctic use, focusing on safe operations.  The Arctic Aframax tanker is intended for crude oil and oil product transports. The vessel is strengthened to ice class PC5 level (equals approximately Russian Maritime Register of Shipping category ARC6) and is […]

  • Shell: 15 Mtpa of New LNG Capacity Under Study (The Netherlands)

    2 February 2012

    Shell today updated shareholders on progress against its strategic plan to generate profitable growth. In today’s volatile economic environment, the company’s strategic aim remains to drive forward with its investment programme, to deliver sustainable growth and provide competitive returns to shareholders. Key highlights: Global economy and energy markets likely to see continued high volatility. Shell […]

  • Aker Solutions assembles huge team for giant project: Johan Sverdrup

    26 August 2014

    Norway’s Aker Solutions says it has assembled one of its biggest engineering teams ever to deliver the initial plans for the engineering and design phase of the giant North Sea Johan Sverdrup oil deposit.   The company is on track to deliver the first draft report due in the fourth quarter, a project that has […]

  • PetroRio starts production from new Tubarão Martelo well

    19 August 2020
    Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders

    Brazilian oil and gas company PetroRio has started production from a new well on the Tubarão Martelo field offshore Brazil.

  • InfraVia buys small-scale LNG player Molgas

    29 July 2020
    Business & Finance, Business Developments & Projects

    French private equity firm InfraVia Capital Partners has acquired European small-scale LNG player Molgas Energy. The equity company completed the acquisition via its InfraVia European Fund IV, it said on Tuesday without revealing the financial details of the transaction. However, law firm Ashurst said last month it advised InfraVia on the move valuing the deal […]

  • ‘Polarcus Nadia’ Wraps Up 3D Seismic Survey in Aje Field (Nigeria)

    13 May 2014
    Business & Finance, Equipment, Operations & Maintenance

    Panoro has announced the completion of a 3D seismic survey over OML 113 license in Nigeria. The Polarcus vessel MV Polarcus Nadia started data acquisition on March 24, 2014 and completed shooting on May 9, 2014. The survey was acquired in conjunction with the neighbouring OPL 310 with Afren and covered an area of approximately 1045 km2 in the OML […]

  • North American Subsea WAS Market at $523 Mln by 2019

    7 July 2014
    Business & Finance, Equipment, Research & Development

    Subsea well access systems are essential equipments utilized for successful subsea drilling and production operations. An effective and safe drilling operation as well as efficient production is possible with an appropriate application of these equipments. The trend of intervention is expected to change with riserless light well intervention, which is expected to increase exponentially. The […]

  • Statoil Selects Kongsberg for Johan Castberg Gig

    13 August 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Kongsberg Oil & Gas Technologies AS, a wholly owned subsidiary of Kongsberg Gruppen ASA, has been awarded a contract for delivery of Extended Concept Study and Pre-Front End Engineering Design (FEED) to the Statoil Johan Castberg project in the Barents Sea. The project comprises the development of the oil fields Skrugard, Havis and Drivis in […]

  • Statoil Announces Another Oil Discovery Offshore Canada

    19 June 2013
    Business & Finance, Operations & Maintenance, Research & Development

    Statoil has made a discovery of light, high-quality oil in the Flemish Pass Basin, offshore Newfoundland. Oil was encountered while drilling the Harpoon prospect (EL 1112), located approximately 500 kilometres north-east of St. John’s, Newfoundland and Labrador, Canada. “While it is still too early to determine Harpoon’s resource potential at this time, this is very […]

  • CGG secures multi-client OBN reprocessing work

    14 December 2022
    Business & Finance, Business Developments & Projects, Operations & Maintenance

    CGG has made an agreement with Carbon Transition’s subsidiary Axxis Multi Client to reprocess the Utsira ocean bottom node (OBN) seismic survey in the Norwegian North Sea.