5757 results found for 'matuku'

5757 results found for 'matuku'
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  • 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 […]

  • 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 […]

  • 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 […]

  • 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 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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, […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • JIP partners ready LNG-fueled Newcastlemax design

    1 June 2017
    Vessels

    The joint industry project looking into the commercial potential and technical feasibility of LNG-fuelled bulkers in iron ore and coal trade between Australia and China presented the Newcastlemax design.

  • EIB Brings Climate Awareness Bond 2023 to EUR 1 Bln

    5 October 2015
    Authorities & Government, Business & Finance

    On 1st October, the European Investment Bank (EIB) increased the 0.500% Climate Awareness Bond (CAB) 11/2023 by EUR 400m to bring the total amount outstanding to EUR 1bn. The bond completes EIB’s EUR Green Bond curve with a third liquid reference point in an intermediate maturity and takes the total CAB issuance to EUR 10.5bn. […]

  • The Netherlands: Fugro Summarizes Last Year’s Achievements

    13 January 2012

    Fugro confirms that the earlier forecast of more than EUR 260 million net profit and about EUR 2.5 billion turnover will be achieved. About EUR 6 million from the EMGS shareholding comes on top of the aforementioned profit. The turnover increase of about 10% compared to 2010 comes from the growth in the Survey and […]

  • Alphaliner: RMT Reaches List of Owners with Toxic Ships

    21 September 2016
    Business & Finance

    Singapore-listed containership owner and operator Rickmers Maritime Trust (RMT) has become the latest casualty in a growing list of boxship owners with toxic vessel assets that are unable to generate sufficient funds to pay their outstanding debt obligations, according to Alphaliner. While numerous privately-owned shipowners and KG vessel funds have already filed for bankruptcy in the last three years […]

  • 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 […]

  • Petronas Inks Two LNG Deals with CPC

    6 March 2014

    Petronas’ subsidiaries Malaysia LNG (MLNG) and Petronas LNG (PLL) have signed two contracts to supply CPC Corporation of Taiwan with a total of up to 2.6 million tonnes per year (mtpa) of liquefied natural gas (LNG), for a period of six years. Delivery to CPC is scheduled from the second quarter of 2014 and 2015 […]