5711 results found for 'matuku'

5711 results found for 'matuku'
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  • KrisEnergy extends maturity on revolving credit line by two years

    29 March 2018
    Business & Finance

    Oil and gas company KrisEnergy has extended its existing revolving credit facility maturity by two years to June 30, 2020.

  • Norway: Statoil Eyes New Jack-ups for Mature Fields

    2 March 2012
    Business & Finance

    Statoil is preparing an invitation to tender for a new type of drilling rig for mature fields on the Norwegian continental shelf (NCS). The new rigs, known as category J, will be jack-ups designed by the industry on behalf of Statoil. Statoil will propose for licence groups to take on ownership of these rigs.  In […]

  • Norway launches 2016 licensing round for mature areas on NCS

    17 March 2016

    Norwegian Ministry of Petroleum and Energy on Thursday, March 17, 2016, announced this year’s licensing round, the APA 2016, comprising the predefined areas with blocks in the North Sea, the Norwegian Sea and the Barents Sea. According to the ministry, in the APA 2016 round, the predefined area has been expanded by 24 blocks in the […]

  • PetroRio creates first private mature fields cluster in Campos Basin

    15 July 2021
    Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders

    Brazilian oil and gas company PetroRio has concluded the tieback between the Polvo and Tubarão Martelo fields, making it the first independent company to create a private cluster of mature fields in the Campos Basin region.

  • Norway: Mature Offshore Fields Call for Quick Action, Petoro Says

    28 October 2011
    Business & Finance

    A strong cash flow to the government and strong additions to oil and gas reserves are highlights of Petoro’s accounts for the State’s Direct Financial Interest (SDFI) for the third quarter of 2011. Net cash flow in the first nine months was NOK 97.3 billion, up 18.8 bn from the same period last year. The […]

  • APPEA: WA Gas Needs Best Met by Maturing, Diversified Market

    3 February 2014

    Western Australia’s second Gas Statement of Opportunities (GSOO) confirms once again that an open and competitive market – not government intervention – is the key to guaranteeing the state’s long-term energy security, the Australian Petroleum Production & Exploration Association (APPEA) said in a statement. Released by the state’s Independent Market Operator, the GSOO reconfirms forecasts […]

  • Should shipping bid for existing alternative fuels, or wait for technologies to mature?

    24 October 2022
    Environment, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    in an environment where there is a scarcity of renewable fuels, the question arises whether it is a sustainable pathway for shipping to take a limited amount of renewable energy and apply it to an industry where you only get 25% utilization of what you’re starting with.

  • OGA adds seven more blocks to mature areas licensing round

    4 August 2017

    Following the recently launched 30th Licensing Round offering North Sea offshore blocks in mature areas to interested oil firms, the UK Oil and Gas Authority (OGA) has now expanded the offer with seven more blocks. The seven additional blocks are: 110/5; 110/10; 110/16; 110/18; 113/24; 113/29; 113/30. According to the OGA, the blocks were not initially on offer pending clarification of […]

  • Petronas’ New Subsidiary to Focus on Marginal Fields Development (Malaysia)

    1 July 2013

    PETRONAS Carigali Sdn Bhd has incorporated a new wholly-owned subsidiary, VESTIGO Petroleum Sdn Bhd, to focus on Development and Production activities from small, marginal and mature fields in Malaysia and abroad. VESTIGO aims to optimise production from clusters of small, marginal and mature fields through operational, technical and cost effective methods while its parent PETRONAS […]

  • PETRONAS Carigali Incorporates New Subsidiary VESTIGO Petroleum Sdn Bhd

    1 July 2013
    Business & Finance

    PETRONAS Carigali Sdn Bhd has incorporated a new wholly-owned subsidiary, VESTIGO Petroleum Sdn Bhd, to focus on Development and Production activities from small, marginal and mature fields in Malaysia and abroad. VESTIGO aims to optimise production from clusters of small, marginal and mature fields through operational, technical and cost effective methods while its parent PETRONAS […]

  • Horisont Energi pressing ahead with commerical work for Barents Blue ammonia project

    13 February 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Project & Tenders

    Norwegian clean energy company Horisont Energi has signed the first non-binding term sheet to secure gas supply for its Barents Blue project, a clean ammonia plant located at Markoppnes in Northern Norway.

  • Europa focuses on maturing Irish prospects to drill-ready status in 2019

    24 May 2018

    Europa Oil & Gas is working to bring its Inishkea prospects located in the Slyne Basin offshore Ireland to drill-ready status with a target of 2019 while at the same time relinquishing another licensing option located in the same basin. 

  • Premier Oil completes debt refinancing, extends maturities beyond 2021

    28 July 2017

    Premier Oil, a UK-based oil and gas company, has completed its debt refinancing after months of talks with creditors. The company on Friday said that the refinancing of the group, announced in February, had become effective. In an operational update earlier this month Premier said its net debt was $2,74 billion. The company, which recently took […]

  • Norway: NPD Claims Many Companies are Interested in Exploring in Mature Areas

    17 September 2010

    A preliminary count reveals that 41 companies have applied for acreage in the 2010 Awards in Predefined Areas (APA 2010). This result shows that interest remains high in awards in predefined areas in the North Sea, the Norwegian Sea and the Barents Sea, even though much of this area has been previously awarded and explored. […]

  • MTF’s updated framework examines alternative marine fuels’ maturity and readiness

    13 March 2024
    Business Developments & Projects, Green Marine, Regulation & Policy, Research & Development, Rules & Regulation, Safety

    The Maritime Technologies Forum (MTF), founded by seven flag states and classification societies to bridge the gap between technical knowledge and regulatory process, has updated its assessment framework to include emerging alternative marine fuels and evaluate their maturity and readiness. On March 12, 2024, MTF released an updated Framework for Assessing Decarbonization Technologies and Alternative […]

  • OEEC 2018: Unlocking mature basins a way to bridge the supply gap

    23 October 2018

    The OEEC kicked off early in the morning on Tuesday, October 23, in Amsterdam RAI with the “Exploration in a mature basin” technical session.

  • Maersk Oil: Coaxing Out Oil from Mature Assets (Denmark)

    11 January 2011
    Business & Finance

    If you can learn how to coax out more years from your infrastructure, look with fresh eyes at well data and think laterally, then you can gain a competitive edge when working with mature assets. Maersk Oil is an old hand in the art of teasing out oil from aging fields in the North Sea […]

  • SCORE Looking to Back Ideas for Maturing OWF O&M, Decommissioning

    26 February 2018
    Business & Finance, Operations & Maintenance, Research & Development

    The team behind the GBP 6 million SCORE grant fund is looking to support companies from the oil & gas industry that can bring new ideas for long-term offshore asset management in the offshore wind sector.

  • Deltic Energy seeking partners to mature North Sea prospects towards drilling

    24 November 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Deltic Energy has found three prospects within its Southern North Sea licence and is seeking partners to help in the maturation of opportunities.

  • Noreco to Focus on Mature Areas of Norwegian Shelf. Wins Five New Blocks

    22 January 2014
    Business & Finance

    Noreco has been awarded five new licences in the 2013 Awards in Predefined Areas (APA) in Norway. In two of these, Noreco has been offered operatorship. “We are satisfied with this result and see this as recognition of our efforts to develop applications of high quality. We are also pleased that the Government has demonstrated […]

  • 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.

  • Petrobras Allocates USD 5.6 Bln to Increase Production from Mature Fields (Brazil)

    1 August 2012
    Business & Finance

    Petrobras will earmark US$5.6 billion to increase to 90% the operating efficiency of its mature fields in the Campos Basin Operating Unit (UO-BC) by 2016. First quarter 2012 data show that the operating efficiency index at the fields connected to this unit are currently at about 72%. The information was disclosed in a presentation of […]

  • LNG as marine fuel: Fast-maturing but still in early stages, SEA-LNG found

    6 December 2024
    Market Outlooks, Outlook & Strategy

    Despite the fact that it is maturing faster than other alternative fuels, LNG and the pathway to net zero is still in its adolescence as more investment in this segment is needed, industry coalition SEA-LNG has noted. SEA-LNG highlighted that the approximately 2,200 LNG-fuelled vessels and LNG carriers reflect only ‘two minutes into the hour’ […]

  • Statoil Extends Time for Tenderers to Mature Respective Category B Rig Concepts (Norway)

    31 March 2011

      Statoil has decided to allow more time for the tenderers to mature their respective category B rig concepts, which includes an extended front end engineering and design (FEED) phase. The planned award date is set for the fourth quarter of 2011. Statoil has had an ongoing tender process for the new category B rig […]

  • Seadrill Partners to slash dividend. Cites low rig rates, looming debt maturities

    22 January 2019
    Exploration & Production

    Seadrill Partners, an affiliate of offshore driller Seadrill, will reduce the quarterly distribution to its common unitholders from 10 cents per unit to 1 cent per unit. “The move reflects the slower than anticipated recovery in dayrates and the company’s desire to preserve liquidity ahead of debt maturities in the second half of 2020 and […]