5713 results found for 'matuku'

5713 results found for 'matuku'
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  • SeaBird Strikes Restructuring Deal

    1 August 2017
    Business & Finance

    SeaBird said it has obtained all consents required for the restructuring it presented in May this year. The company has signed an agreement with Glander whereupon USD 1,911,896 of the principal amount and all accrued interest as of 3 June 2017 owed to Glander under the Glander Credit Facility shall be irrevocably repaid and discharged upon […]

  • Statoil to Triple Arctic Research Budget (Norway)

    28 August 2012
    Business & Finance

    Statoil is stepping up its Arctic activities and will drill nine wells during a non-stop 2013 Norwegian Barents exploration campaign. The company plans to meet development challenges here by tripling its Arctic technology research budget. Statoil’s exploration experience in the Barents is already extensive. Of the 94 exploration wells drilled in the Norwegian Barents Sea […]

  • USA: Contango Says Still on Schedule for Production Start at Vermilion 170

    8 August 2011
    Business & Finance

    Contango Oil & Gas Company announced today that it is still on schedule for production to begin at its Vermilion 170 (Swimmy) discovery in September 2011 at an estimated rate of 15 million cubic feet equivalent per day (“Mmcfed”), net to Contango. Contango currently have 11 wells, producing approximately 77 Mmcfed, net to Contango. The […]

  • RWE Innogy and CEE Seal Agreement on Long-term Venture Capital Co-operation (Germany)

    21 November 2011
    Business & Finance

    Essen-based RWE Innogy and Conetwork Erneuerbare Energien (CEE), of Hamburg, a company in which Bankhaus Lampe has a participating interest, today sealed their agreement on long-term venture capital co-operation. CEE has taken a EUR 25 million stake in Innogy Renewables Technology Fund I (IRTF I), and holds thereby around 22 percent of the fund. RWE […]

  • Ballast Nedam: “Poor Year, Sharper Strategic Focus and Solid Refinancing”

    10 March 2014
    Business & Finance

    Ballast Nedam has issued its annual results for 2013, which show that the company had a difficult year. However, its results in the offshore wind energy market were rather good. Results in line with the press release of 5 February 2014 Operating loss of € 30 million, including € 18 million of restructuring costs and […]

  • SAAM Terminals’ ports unlock key milestone in carbon emissions reduction

    16 September 2024
    Ports & Logistics

    For the first time ever, port terminal operator SAAM Terminals has certified all of its Chilean ports’ carbon emissions quantification and reduction in 2023, having collectively cut over 9,000 metric tons of CO2. As per SAAM Terminals, the operator’s Chilean ports, namely the Antofagasta, Iquique, San Vicente and Portuaria Corral, have cut down emissions by […]

  • Hy24 commits to invest €13 million in Hexagon Purus

    16 January 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Technology

    Hy24, a clean hydrogen pure-play investment manager, will invest around €13 million into Norwegian hydrogen systems supplier Hexagon Purus. The investment is the first by Hy24’s new Clean Hydrogen Equipment Fund, focused on industrializing the supply chain to scale the clean hydrogen economy. The fund builds on the momentum of Hy24’s Clean Infrastructure Fund, which […]

  • South Korea to launch clean hydrogen certification system

    15 November 2023
    Authorities & Government, Certification & Classification, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    South Korean Ministry of Trade, Industry and Energy (MOTIE) has announced that the proposal for an amendment to the ‘Hydrogen Economy Promotion and Hydrogen Safety Management Act’ has passed the 47th Cabinet meeting’s deliberation and resolution process, enabling the government to move forward with the establishment of a clean hydrogen certification system. The approval follows […]

  • EU’s Innovation Fund launches €100M call for innovative low-carbon projects

    27 April 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Technology, Transition

    The European Commission has launched a call for small-scale projects focusing on innovative technologies in renewable energy, heavy industry, energy storage, and carbon capture as part of its Innovation Fund.

  • FEED services provider wanted for Dutch CO2 storage project

    18 January 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Outlook & Strategy, Project & Tenders, Transition

    TotalEnergies EP Nederland has issued a tender searching for a provider of the front-end engineering and design (FEED) of the trunkline for the Aramis CO2 storage project. The Aramis project is a cooperation initiative between EBN, Gasunie, Shell and TotalEnergies to explore the joint development of a Dutch large-scale CO2 transport project for offshore storage. […]

  • TotalEnergies spuds Namibian ultra-deepwater well

    1 December 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    TotalEnergies has started drilling the Venus-1X exploration well located offshore Namibia, using a Maersk Drilling-owned drillship.

  • DNV GL removes GL from its name as it braces for change

    13 January 2021
    Business Developments & Projects, Certification & Classification, Outlook & Strategy

    Norway-based classification society DNV GL has unveiled a decision to change its name to DNV on 1 March 2021.

  • Aquaterra Energy Expands Its Team (Norway)

    14 October 2013
    Business & Finance

    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 […]

  • Dynagas LNG Partners in Talks for USD 250 Mn Refinancing

    6 June 2019
    Business & Finance

    Dynagas LNG Partners is in advanced talks for the refinancing of 6.25% USD 250 million senior notes.

  • Equinor to Extend Lifetime of Gullfaks C

    5 March 2019
    Business & Finance, Operations & Maintenance

    The Norwegian Petroleum Directorate (NPD) is giving a green light to using the C platform on the Gullfaks field in the North Sea until 30 June 2036. This corresponds to the entire period of the production licence. In its application, Equinor notes that the facility can be operated at a profit up to 2032, with […]

  • DW: UK to See Strong Decom Activity in Next 25 Years

    16 February 2016
    Business & Finance, Operations & Maintenance, Research & Development

    Douglas-Westwood’s new North Sea Decommissioning Market Forecast 2016-2040 predicts that between 2016 and 2040 $70-$82 billion will be spent on decommissioning activity in Denmark, Germany, Norway and the UK. DW anticipates growth in decommissioning activity over the next few years, driven by the sustained low oil price, the maturity of North Sea fields and the […]

  • Green light for Equinor to use Gullfaks C platform until 2036

    4 March 2019

    The Norwegian Petroleum Directorate is giving a green light to using the C platform on the Gullfaks field in the North Sea until June 30, 2036.

  • DEA aligns Norwegian offshore license with Dvalin development

    11 March 2019

    German oil company DEA has aligned PL 211 partners and equities with the Dvalin license offshore Norway.

  • NIB and Statnett Sign Loan for Financing of Subsea Cable Between Norway and Denmark

    19 October 2011
    Business & Finance, Operations & Maintenance

      The Nordic Investment Bank (NIB) and the Norwegian grid operator Statnett have signed a loan totalling NOK 1,300 million (EUR 165 million) for the partial financing of the new subsea cable between Norway and Denmark and the upgrade of Statnett’s existing cable across the Oslofjord. The 16-year-maturity loan will help finance the construction of […]

  • Petrobras strikes pre-salt oil in Marlim Sul area

    11 August 2017

    Brazilian oil company Petrobras has made an oil discovery in the Campos Basin’s pre-salt layer, in the area of Marlim Sul field. This is the first commercial discovery of oil in the pre-salt layer of the Marlim Sul area. The discovery occurred during drilling of Poraquê Alto well, at final depth of 4,568 m. The […]

  • RockRose buying Idemitsu Petroleum UK

    18 October 2017

    RockRose Energy has signed a deal to buy Idemitsu Petroleum UK and its assets in the UK North Sea. In a statement on Wednesday RockRose said the acquisition would be financed out of the existing facilities and cash resources of the company. Subject to the successful completion of the acquisition, RockRose will be taking over […]

  • Off-hire rig to drag down Pacific Drilling’s 2Q drilling revenue

    6 July 2017
    Exploration & Production

    Offshore driller Pacific Drilling expects to report a drop in contract drilling revenue for the second quarter of the year, compared to the first quarter, when it releases its results in August. The company on Wednesday said that contract drilling revenue for the second quarter 2017 is expected to be in the range of $66.0 […]

  • USA: Nexen, CNOOC Enter Gulf of Mexico Partnership

    30 November 2011
    Business & Finance

      Today, Nexen Inc. , an independent, Canadian-based global energy company has entered a joint venture with China’s CNOOC Limited in the Gulf of Mexico. The joint venture will provide CNOOC Limited with a working interest in up to six deepwater exploration wells in the Gulf of Mexico. Among the prospects included in the deal […]

  • TGS Announces its First Multi-client 3D Survey in Indonesia

    22 December 2010
    Business & Finance

    TGS will commence a new multi-client 3D survey in the Tarakan Basin, offshore East Kalimantan, Indonesia in the Celebes Sea. The survey, TBN10, is the first ever multi-client 3D survey for TGS in Indonesia waters and will cover in excess of 1,600 km2. The data will be acquired by the M/V Seisquest and will commence […]

  • MAN to Convert First RoPax Ferries to LNG

    29 August 2018
    Business & Finance

    MAN to retrofit two Baleària ferries to dual-fuel running.