5757 results found for 'matuku'

5757 results found for 'matuku'
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  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • ‘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 […]

  • 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 […]

  • Occidental selling upstream assets to slash debt

    20 February 2025
    Business & Finance, Business Developments & Projects

    Occidental (Oxy) has made progress on its debt-reduction plan by reaching a near-term debt repayment target and signing two agreements to divest upstream assets to undisclosed buyers.

  • 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 […]

  • 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.

  • Paimpol-Bréhat tidal energy test site gets subsea link upgrade

    30 September 2022
    Authorities & Government, Business Developments & Projects, Equipment, Infrastructure, Innovation, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Regulation & Policy, Research & Development, Technology

    The Paimpol-Bréhat tidal energy test site has been upgraded with a reconfigured subsea link, which is expected to facilitate the demonstrations of tidal turbine technologies offshore Brittany region in France.

  • Green methanol-fueled VLCC wins AiP from CCS, DNV

    22 February 2022
    Business Developments & Projects, Certification & Classification, Collaboration, Environment, Infrastructure, Innovation, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    The green methanol-powered very large crude carrier (VLCC) ship concept jointly developed by COSCO SHIPPING Energy and CSSC’s Dalian Shipbuilding Industry Corporation (DSIC) has received approval in principle (AIP) from two classification societies.

  • Horisont Energi’s Barents Blue ammonia project gets new partners

    9 September 2021
    Business Developments & Projects, Project & Tenders

    Norwegian energy firms Horisont Energi, Equinor and Vår Energi have signed a cooperation agreement for the development of Barents Blue, Europe’s first large-scale blue ammonia production facility.

  • Enpro Subsea Strengthens Americas Division

    13 September 2018
    Business & Finance, Equipment

    Enpro Subsea has welcomed a new senior advisor to bolster the strategic team in the Americas as part of plans to expand market share and build portfolio in Brazil. The business has appointed Francesco Santoro as its strategic consultant in South America. Primarily based in Rio de Janeiro, Santoro has previously undertaken leadership roles at […]

  • CGG Wraps Up Gabon Seismic

    10 April 2019
    Business & Finance, Equipment, Operations & Maintenance

    CGG has completed acquisition of a 9,800 km long-offset broadband 2D multi-client seismic survey in Gabon South Basin. Fast-track data sets will be delivered in batches from the end of April, giving interested oil companies sufficient time to understand offshore petroleum systems and appraise blocks offered in Gabon’s 12th offshore licensing round planned for September […]

  • Hoegh LNG suspends dividends and cuts costs

    7 April 2020
    Business & Finance, Business Developments & Projects

    Norway’s Hoegh LNG will stop paying dividends to investors as part of a move in reducing costs due to the uncertain environment caused by the coronavirus pandemic. Hoegh’s board has decided to suspend dividends, bonus scheme for executive management and onshore personnel until further notice, the floating LNG player said on Monday. The cost-saving plan […]

  • Statoil, Petoro Invest in Gullfaks Subsea Templates and Wells (Norway)

    22 August 2012
    Business & Finance, Equipment, Operations & Maintenance

    Statoil and its partner Petoro have decided to further develop Gullfaks South in the North Sea by investing NOK 8.5 billion in two new subsea templates and six extra wells. This will boost recovery by 65 million barrels of oil equivalent. Increasing recovery from Gullfaks South will be implemented as part of Statoil’s fast-track developments. […]

  • FPP teams up with OPES for floating wind and wave device

    2 May 2016
    Business & Finance, Research & Development, Technology

    Floating Power Plant (FPP), a Danish offshore energy developer has formed marine technology partnership with Norway-based Ocean Power & Energy Services (OPES), to advance its floating wind and wave energy device.

  • Nordic Tankers, Herning Shipping Merge Danish Activities

    27 January 2015
    Business & Finance

    Denmark-based Nordic Tankers and Herning Shipping will consolidate all of their shore-based activities in Copenhagen, Denmark, effective June 2015, as part of the restructuring process. The Herning office functions are moving to Copenhagen and the Herning office will consequently be phased out. The aim is to have all employees in Denmark within chartering, operations and technical management […]