5784 results found for 'matuku'

5784 results found for 'matuku'
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  • Quadrant Energy spuds Levitt-1 well

    6 July 2015
    Exploration & Production, Project & Tenders

    Karoon Gas Australia Ltd has announced the beginning of the high impact Levitt-1 exploration well in WA-482-P Carnarvon Basin, offshore Western Australia. Karoon has a material 50% equity interest in WA-482-P and is carried for 90% of the cost of the well. Joint venture partner, and operator Quadrant Energy Australia Ltd has the remaining 50% […]

  • Ophir completes Seychelles survey

    29 July 2014
    Project & Tenders

    Australian energy company WHL Energy Limited has announced that 1,528 km2 Junon 3D seismic survey, offshore Seychelles, has been completed. The specialist seismic acquisition vessel M/V Polar Duchess contracted by Ophir Energy, operator of the jointly held Seychelles exploration blocks is demobilising from the survey area. The survey has been completed with no reportable environmental or […]

  • Apache Starts Drilling at Bianchi Prospect Offshore W. Australia

    15 April 2013

    Tap Oil Limited has announced that on 12 April 2013, the Ocean America semi-submersible drilling rig commenced drilling the Bianchi-1 gas appraisal well in Retention Lease WA-49-R. The well will target sandstones in a Triassic age Mungaroo Formation within a separate fault block down dip of the Zola-1/ST1 gas discovery. The Bianchi prospect is located in the Apache-operated WA-49-R […]

  • Statoil Bags 11 Licenses in Most Extensive Licensing Round on NCS

    17 January 2012
    Business & Finance

    Today, 17 January, Statoil was awarded ownership interests in eleven production licenses on the Norwegian shelf. Statoil will be the operator in eight of the licenses. In this APA round (Awards in Predefined Areas), Statoil applied for more areas than has been the case in recent years, submitting a targeted application reflecting its new exploration […]

  • Dutch operator curbs gas production from North Sea field over low prices

    13 July 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance

    Dutch operator Tulip Oil has reduced its gas production from the Q10-A gas field located in the Dutch sector of the North Sea due to low gas prices.

  • NOAA Study on Living Shorelines in North Carolina

    17 December 2015
    Business & Finance, Research & Development

    A recent NOAA study, published in the journal PLOS One, shows “living shorelines” – protected and stabilized shorelines using natural materials such as plants, sand, and rock – can help to keep carbon out of the atmosphere, helping to blunt the effects of climate change. This study, the first of its kind, measured carbon storing, […]

  • Subsea 7 Vice President Joins Oil & Gas UK Board

    24 August 2017
    Business & Finance

    Subsea 7’s vice president North Sea & Canada, Phil Simons, has been appointed to Oil & Gas UK’s board. Simons began his career in 1992 as an engineer for pipeline installation contactors and operators, European Marine Contactors, where he later became a senior project manager. In 2004 he joined Subsea 7 in Aberdeen as a […]

  • Eleven oil firms apply for production licenses off Norway

    6 December 2017

    Eleven oil and gas companies have applied for production licenses in the 24th licensing round on the Norwegian shelf. A total of 102 blocks or parts of blocks were announced in this licensing round. Of these, nine are in the Norwegian Sea and 93 in the Barents Sea. Torgeir Stordal, exploration director in the Norwegian Petroleum […]

  • Report: Challenging economics loom over UK oil & gas tax cuts’ effects

    25 March 2016

    The effects of tax cuts on the UK oil and gas industry announced in the Budget for 2016 “will vary significantly” across company portfolios, a report by GlobalData, a provider of data and analysis, has revealed.  The Budget will reduce the headline rate of tax paid on UK oil and gas production from 50 percent, or 67.5 percent […]

  • Red ink for Eidesvik

    1 March 2016

    Norwegian supply, subsea and seismic shipping company, Eidesvik Offshore, has posted a fourth-quarter 2015 net loss despite rise in revenues.  The shipping company’s net loss was NOK 202,3 million in the fourth quarter of 2015, compared to NOK 252,9 million in 4Q 2014. For the fourth quarter of 2015, Eidesvik posted revenues of NOK 343,2 million, versus revenues of […]

  • Transocean raises $410M to pay for drillship construction

    9 May 2017

    Transocean, world’s largest offshore drilling contractor, has closed a private offering $410 million in senior secured notes with an annual rate of 5.52% and maturing in 2022. The Transaction was closed by Transocean Conqueror Limited, a Transocean subsidiary, and the owner of the Deepwater Conqueror drillship delivered in 2016.The Notes, guaranteed by the indirect subsidiary that […]

  • Pemex orders GE equipment for Ayatsil field

    25 June 2014
    Business & Finance, Equipment

    GE Oil & Gas today announced it will provide vital surface equipment to Mexico’s national oil company Pemex for use at its offshore project in the Ayatsil heavy oil field located in the Campeche Sound, in the Gulf of Mexico. The multi-year contract includes the installation of GE’s surface wellheads and trees in new wells that […]

  • Spike increases Barents Sea presence

    29 April 2014
    Business & Finance

    Spike Exploration Holding AS has recently signed an agreement with Tullow Oil Norge AS to swap a 15% interest in licence PL494/B/C for a 15% interest in PL722. PL722 is located in the Hoop area in the Barents Sea. The prospectivity of the PL722 acreage is very attractive, especially after the nearby Wisting oil discovery […]

  • Neptune spuds North Sea prospect close to existing infrastructure

    28 February 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Neptune Energy has started drilling the Hamlet exploration well located in the Norwegian sector of the North Sea.

  • Norway: EMGS Awarded Contract Extension Worth Minimum USD 3 million in Asia

    15 September 2010
    Business & Finance

    Electromagnetic Geoservices ASA is pleased to announce that it has been awarded a contract extension worth a minimum of USD 3 million in Asia. This contract is a continuation of the previously announced global 3D EM campaign for a major oil company, the first part of which was a survey performed in the Caribbean in […]

  • NYK Floats Out Industry’s 1st Green Bonds

    17 April 2018
    Business & Finance, Rules & Regulation

    NYK has unveiled its plans to offer Green Bonds within the domestic market in May.

  • Samsung Heavy Unveils Rights Issue Plan, Sees Share Slide

    7 December 2017
    Business & Finance

    SHI revealed a KRW 1.5 trillion rights offering plan in an effort to improve its financial structure.

  • MOL and RCL Fuse South Asia Strings

    7 April 2015
    Business & Finance

    A Thai-based container shipping line Regional Container Lines (RCL) has linked up one its current Thailand-Singapore strings (RTS) with its existing Singapore-Yangon service (RSY). The combined rotation will include Thai Prosperity Terminal (TPT) – Singapore – Yangon – Port Klang (North port) – Singapore – TPT. This will be a 3-vessel, 21-day joint service with its […]

  • DryShips Turns to Black as It Pursues Debt Restructuring

    20 May 2016
    Business & Finance

    Greece-based owner of drybulk carriers and offshore support vessels DryShips Inc. reported a net income of USD 55.4 million for the first quarter of 2016, against the net loss of USD 59.2 million reached in the same period a year earlier. The net income includes the company’s vessel impairment charges and loss on sales, which were at USD 40.8 […]

  • Port of Rotterdam’s Oldest Container Terminal Closes Its Gates

    5 October 2015
    Business & Finance

    The Port of Rotterdam has closed its oldest container terminal ECT City Terminal at the Eemhaven on Thursday, 1 October, with the departure of the last sea-going client, the container ship CMA CGM Sambhar. The decision comes as the terminal became unable to cope with the increases in scale in container shipping after almost 50 years […]

  • SBM Offshore Floater Ready for French Wind Farm

    16 November 2018
    Technology

    SBM Offshore’s wind floater design, including its mooring system and featuring a commercially available offshore wind turbine, has been granted an Approval in Principle (AIP) by classification society American Bureau of Shipping (ABS).

  • Brazil: OSX Raises USD 500 Million for FPSO Financing

    14 March 2012
    Business & Finance

    OSX raised US$ 500 million by issuing Senior Secured Bonds in the international market, the net proceeds of which shall be used for the construction of its FPSO OSX-3. The FPSO OSX-3 will have an oil production capacity of 100.000 bopd and a storage capacity of up to 1.300.000 bbls. The unit will be chartered […]

  • Bahamas Petroleum Completes Initial Processing of Pearl 3D Seismic Survey

    16 January 2012
    Business & Finance, Operations & Maintenance

    Bahamas Petroleum Corporation announces the initial processing of the Pearl 3D seismic survey has been completed. Data quality is excellent and data volumes have been received in both time and depth. Detailed interpretation is now underway and will form the basis for well location selection, well design and planning. Processing at this initial stage has […]

  • PIL orders four dual-fuel ammonia-ready boxships

    7 March 2022
    Business Developments & Projects, Environment, Infrastructure, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    Singapore-based shipping company Pacific International Lines (PIL) has decided to order four dual-fuel 14,000 TEU containerships in China.

  • DNV GL Certifies Siemens 6 MW Turbine

    24 July 2014

    Siemens Energy has obtained type certification by certifying body DNV GL for the company’s innovative D6 offshore wind turbine. The model Siemens SWT-6.0-154 is equipped with a modern direct drive generator, rated at 6 megawatts (MW) and equipped with a 154 meter rotor. The official certificate is a further step in ramping up the serial […]