5757 results found for 'matuku'

5757 results found for 'matuku'
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  • Tullow sees increase in prospective resources on Guyana block

    3 February 2020

    A new competent persons resource report on the Tullow Oil-operated Orinduik Block, offshore Guyana, has shown a 29% increase in gross prospective resources.

  • Piriou to build two green ferries for Isles of Scilly

    13 September 2023
    Vessels

    Isles of Scilly Steamship Group has selected French shipbuilder Piriou as its preferred shipbuilder to build and deliver two new eco-friendly ferries.

  • Navigator Gas signs gender diversity-linked loan facility agreement

    1 May 2023
    Business & Finance, Business Developments & Projects, Green Marine, Human Capital, Outlook & Strategy, Regulation & Policy

    Navigator Gas, owner and operator of handysize liquefied gas carriers, has entered into a secured term loan facility which includes sustainability and gender diversity-linked performance indicators. The company entered into the facility agreement with among others, Nordea Bank Abp, ABM AMRO Bank N.V., and BNP Paribas S.A. on 20 March 2023. Pursuant to the agreement, […]

  • Petronas and JOGMEC join hands for energy transition initiatives

    7 March 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Outlook & Strategy, Project & Tenders, Technology, Transition

    Malaysian energy company Petronas and Japan Organisation for Metals and Energy Security (JOGMEC) have signed a Memorandum of Understanding (MoU) to cooperate in energy transition initiatives towards achieving respective energy transition and decarbonisation targets. According to Petronas, the initiatives include potential collaboration in green/blue hydrogen and fuel ammonia development, carbon capture and storage (CCS), as […]

  • Douglas-Westwood: Deepwater Expenditure to Increase 130 Pct

    31 January 2014

    Deepwater expenditure is expected to increase by 130%, compared to the preceding five-year period, totalling $260 billion (bn) from 2014 to 2018, with growth driven primarily by Africa and the Americas.   Douglas-Westwood (DW) has launched the 12th edition of its World Deepwater Market Forecast 2014-2018. Report author, Balwinder Rangi, says, “Africa and the Americas continue […]

  • Ophir Drilling towards Total Depth at Starfish Well (Ghana)

    3 July 2013
    Business & Finance, Project & Tenders

    Australian oil and gas company Tap Oil Limited today announced that the 17½” (444.5mm) hole section of the Ophir Energy-operated Starfish-1 oil exploration well in the Offshore Accra Contract Area, Ghana, was drilled to final total depth. The 13 ⅜ ” ( 340 mm) casing was run and set at 3,035 metres and the well […]

  • UK: Expro Wins Extended Well Testing Contract in Bentley Field

    23 July 2012
    Business & Finance, Project & Tenders

    Leading international oilfield services company Expro has been awarded a contract to provide equipment and services in support of Xcite Energy’s 90 day extended well test in the Bentley Field. Located in Block 9/3b. 160km’s east of the Shetlands, the Bentley Field is said to contain 116 million barrels of proven and probable reserves. Expro […]

  • Oil & Gas UK issues new guidelines for HPHT wells

    28 October 2016

    Oil & Gas UK, a representative body for the UK offshore oil and gas industry, has issued new guidelines on wells with high-pressure high-temperature (HPHT) properties. Oil & Gas UK said that the guidelines, published on Friday, are a part of its commitment to continually review and improve the safety and performance of all aspects […]

  • Perisai working on alternatives after noteholders reject its proposal

    4 October 2016

    Malaysian offshore services provider Perisai Petroleum is working on alternatives after noteholders rejected its debt restructuring plan. Persai had hoped to receive waivers for the non-payment of principal interest for S$125 million notes due on October 3 and was hoping it would be able to defer the interest payment and maturity date to February 2017. However, […]

  • 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% […]

  • GDF SUEZ Awarded Five Blocks in Southern North Sea

    10 December 2013

    GDF SUEZ E&P UK Ltd  has been awarded five further licences in the Southern North Sea (SNS), three as operator, in the second tranche of the 27th offshore oil and gas licensing round announced by the Department of Energy and Climate Change.   The exploration licenses will provide future exploration targets that could supply gas […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Naming Ceremony for FSO Sepat in Keppel Shipyard, Singapore

    24 July 2011
    Business & Finance

    Keppel Shipyard Ltd (Keppel Shipyard) is on track to complete the fast-track conversion of FSO Sepat, a floating production and storage (FSO) unit, for Bumi Armada Navigation Sdn Berhad (Bumi Armada). With a storage capacity of 500,000 barrels of oil, FSO Sepat will be deployed in offshore Malaysia for the development of the Sepat field […]

  • 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, […]

  • Hatea River Dredging Scheme About to Begin

    7 September 2016
    Business & Finance

    Looping the Hatea Loop is set to become an even better experience with sections of the Hatea River about to get a makeover, according to the Whangarei District Council. Two sections of the river closest to the Town Basin will be dredged in the coming months as part of a three-year program to improve the links […]

  • 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 […]

  • Ghana: Parliament Approves Funding for Takoradi Dredging

    19 September 2012

    Parliament has approved a credit facility agreement for an amount of €197 million to finance the design, civil and dredging works at the Takoradi port. The agreement which is between the Ghana Ports and Harbors Authority (GPHA) with the government of Ghana as guarantor and the KBC bank NV, Belfius Bank SA/NV, Deutsche Bank AG, […]

  • 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 […]