5711 results found for 'matuku'

5711 results found for 'matuku'
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  • 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 […]

  • 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 […]

  • Octanex secures finance for Ophir field development (Malaysia)

    24 July 2014
    Business & Finance, Project & Tenders

    Octanex N.L. has announced that limited recourse project finance has been secured for the development of the Ophir field, offshore Malaysia. Octanex is a 50% shareholder in Ophir Production Sdn Bhd (“OPSB”) which was awarded the Ophir Risk Service Contract in June 2014. Octanex’s joint venturers in OPSB are Scomi Energy Services Bhd, a Malaysian downstream oil and […]

  • 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.

  • 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 […]

  • WHL Energy Gets Initial “Fast-Track” Data from Junon 3D Survey

    16 October 2014
    Business & Finance, Operations & Maintenance

    Australian energy company WHL Energy Limited has received the initial “fast-track” data volume from the Junon 3D seismic survey acquired offshore the Seychelles by the Ophir Energy/WHL Energy JV in July 2014. This post-stack migration volume is an intermediate product in the Pre-Stack Time Migration (PreSTM) processing of the 1,528 km2 Junon 3D seismic survey. An initial review […]

  • Aquaterra Energy Names New Sales Manager in Norway

    14 October 2013

    Aquaterra Energy has confirmed its position as a leading offshore engineering solutions provider for drilling challenges off Norway with the opening of a new office in Stavanger. Newly appointed Sales Manager Arne Harald Egge will be driving the Aquaterra Energy business in Norway and his appointment will ensure that Norwegian clients have direct access to […]

  • Aker Solutions Inks Contract with Repsol Sinopec Brazil

    4 July 2013
    Business & Finance, Equipment, Project & Tenders

    Aker Solutions’ subsidiary Managed Pressure Operations will deliver managed pressure drilling (MPD) systems and riser gas handling services to Repsol Sinopec Brazil. The parties agreed not to disclose the value of the order. The three-year contract comes with an option for an additional two years of services. Repsol will use the equipment at an ultra-deepwater […]

  • GE Oil & Gas Wins EPC Contract from Statoil (Norway)

    19 June 2013
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    GE Oil & Gas today announced it has been awarded a $147 million engineering, procurement and construction (EPC) contract from Statoil. Under the contract, GE will supply subsea production and injection equipment for Statoil’s Snøhvit carbon dioxide (CO2) injection project, designed to provide a robust CO2 solution. The CO2 is naturally present in the reservoir […]

  • 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 […]

  • Norway: FMC Secures LWI Services Contracts from Statoil

    24 May 2012
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    FMC Technologies, Inc. announced that it has signed two five-year contracts with Island Offshore Management AS to supply Light Well Intervention (LWI) services for use by Statoil in the North Sea, contingent on approval from Statoil’s partners. Each contract contains options for two, two-year extensions. FMC’s LWI services enable cost effective intervention and maintenance operations […]