Search results for: dantysk

49 results

A list of search results

  • Creditors allow Seadrill suspension of pay under leases for three rigs

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

    Seadrill has agreed on the suspension of payments with creditors related to leasing arrangements for three drilling rigs while trying to restructure debt.

  • Axxis Geo Solutions sells 65-meter seismic survey vessel

    17 June 2021
    Business & Finance, Vessels

    Financially troubled ocean bottom node seismic player Axxis Geo Solutions has completed the sale of its seismic survey vessel Neptune Naiad. Axxis Geo Solutions entered into a Memorandum of Agreement (MoA) with Sanco Holding in May for the sale of the 65-meter long vessel and certain equipment. The company also reported that it had repaid […]

  • Spectrum Welcomes New CFO

    19 November 2018
    Business & Finance

    Spectrum’s chief financial officer (CFO), Henning Olset, has decided to resign from the company.  Dean Zuzic will replace him and take up the position as CFO, with effect from December 01, 2018. Dean Zuzic comes from a position as CFO of Norsk Gjenvinning. Prior to his current position, he held different positions in Kid Interiør, […]

  • AGS wraps up ROV-deployed OBN survey in North Sea

    13 August 2021
    Business Developments & Projects, Project & Tenders

    Norwegian seismic player Axxis Geo Solutions (AGS) has completed the ROV-deployed ocean bottom node (OBN) survey in the North Sea.

  • Final scrubber-fitted VLCC newbuild joins Hunter Tankers’ fleet

    21 August 2020
    Vessels

    Oslo-listed shipowner Hunter Tankers AS, a wholly-owned subsidiary of Hunter Group ASA, has taken delivery of Hunter Frigg, the seventh scrubber-fitted ECO design VLCC newbuilding. The vessel was delivered by Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea, and marks the end of the company’s newbuilding program. The company revealed that Hunter Frigg was recently fixed […]

  • Teekay LNG Partners tops off Norwegian bond offer

    12 November 2021
    Business & Finance, Business Developments & Projects

    Teekay LNG Partners, one of the world’s largest owners of LNG carriers, has priced NOK 1,000 million ($115,194) in new senior unsecured bonds that mature in November 2026 in the Norwegian bond market.

  • Seadrill closer to Chapter 11 as agreement with creditors expires

    1 February 2021
    Business & Finance, Business Developments & Projects

    Forbearance agreements entered into by offshore drilling contractor Seadrill Limited with certain creditors in respect of the group’s senior secured credit facility agreements have now expired.

  • Seadrill files Chapter 11 for Asia Offshore Drilling

    8 February 2021
    Business & Finance, Business Developments & Projects

    Offshore drilling contractor Seadrill Limited has been forced to file Chapter 11 cases for several of its wholly-owned subsidiaries in Asia.

  • Danish govt to hold co-ownership in future CO2 storage licenses under new political deal

    22 June 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation

    The Danish government has signed a new political agreement with eight parties which implies that it will have a 20% co-ownership in future carbon storage licenses in the North Sea. Danish parties Venstre, Socialistisk Folkeparti, Radikale Venstre, Enhedslisten, Det Konservative Folkeparti, Dansk Folkeparti, Liberal Alliance and Alternativet agreed that the government must have a co-ownership […]

  • PGNiG to buy Danish offshore gas from Ørsted

    21 October 2020
    Business & Finance, Business Developments & Projects

    Danish offshore wind developer Ørsted has signed a deal to sell gas to Polish oil and gas company PGNiG under a multi-year contract.

  • Hunter Tankers scores $157 million for refinancing

    19 June 2020
    Business & Finance

    Hunter Tankers AS, a wholly-owned subsidiary of Norwegian Hunter Group ASA, has received binding commitments for a $ 157.5 million loan facility from a syndicate of banks consisting of Danske Bank, DNB, Nordea, and SEB. The proceeds from the facility, along with available cash at hand, will be used to refinance Hunter Atla, Hunter Saga […]

  • TORM signs 1st sustainability-linked loan

    11 November 2020
    Business & Finance

    Danish shipping company TORM has refinanced its existing facility with Danish Ship Finance with a new $150 million loan which includes a CO2 emission-linked pricing mechanism. The facility will postpone the debt maturity for eight vessels until 2027, providing the company with $12 million in liquidity. TORM said the adjustment in pricing is linked to the […]

  • Shell hires semi-submersible rig for Namibia

    26 August 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Northern Ocean has secured a contract award from Shell for operations in Namibia, where the major made an oil discovery earlier this year.

  • Shell, Ørsted buy Dogger Bank A & B electricity

    24 November 2020
    Business & Finance, Business Developments & Projects, Project & Tenders

    Dogger Bank Wind Farm developers, SSE Renewables and Equinor, have signed four agreements for power offtake for the entire output of the first two phases of the world’s largest offshore wind farm, Dogger Bank A and B. Ørsted and Shell Energy Europe have inked 15-year Power Purchase Agreements (PPAs) for 40 per cent and 20 […]

  • Teledyne Technologies to Buy RESON (USA)

    29 January 2013

    Teledyne Technologies Incorporated TDY -1.41%  and the shareholders of RESON A/S  jointly announced today that they have entered into a definitive agreement for the acquisition of RESON by a wholly-owned subsidiary of Teledyne. RESON, headquartered in Slangerup, Denmark, provides high-resolution marine acoustic imaging and measurement solutions. Terms of the transaction were not disclosed. The closing […]

  • Germany’s DekaBank joins Poseidon Principles

    20 May 2022
    Business & Finance, Business Developments & Projects, Transition

    DekaBank, the securities services provider of the German Savings Banks Finance Group (Sparkassen-Finanzgruppe), has become the latest financial institution to join the Poseidon Principles framework for responsible ship finance.

  • Epic Gas, Lauritzen create LPG giant

    23 December 2020
    Business & Finance, Collaboration, Environment, Market Outlooks, Transition, Vessels

    LPG shipping heavyweight Epic Gas, and Lauritzen Kosan A/S, the gas carrier division of J. Lauritzen, have entered into a deal to combine their fleet and business activities to create BW Epic Kosan. The combination will create a genuine powerhouse in the last mile delivery of LPG and other speciality gases and petrochemicals. Under the […]

  • Scandlines orders zero-emission ferry in Turkey

    8 November 2021
    Business Developments & Projects, Environment, Infrastructure, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    Danish ferry operator Scandlines has entered into a contract with Turkish Cemre Shipyard for the construction of an emission-free freight ferry for the Puttgarden (Germany) – Rødby (Denmark) route.

  • TotalEnergies picks semi-submersible rig for multi-country drilling programme

    14 December 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Northern Ocean has secured a contract for one of its semi-submersible drilling rigs for multi-country operations with TotalEnergies.

  • Responsible ship recycling initiative welcomes SEB

    4 March 2021
    Business & Finance, Collaboration, Environment, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Safety, Vision

    Swedish financial services group SEB has joined the Responsible Ship Recycling Standards (RSRS), a joint bank initiative for ensuring environmentally and socially responsible dismantling and recycling of ships.

  • Poseidon Principles signatories release their 1st green financing report

    16 December 2020
    Business & Finance

    The first disclosure report from the 15 signatories of the Poseidon Principles shows that the ship finance portfolios of three banks are aligned with the UN decarbonization targets while those of the remaining 12 banks are not. The climate assessment offers banks new insight into their lending decisions and the climate alignment score of their ship […]

  • Shell says derivative action attempt against its board over climate risk has ‘no merit’

    9 February 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    With legal action over climate risk looming on the horizon, Shell denies allegations made against its board, vowing to oppose the derivate claim application.

  • Decarbonization: Why are partnerships and coalitions so important?

    9 September 2020
    Collaboration, Environment, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Technology, Transition, Vision

    The maritime industry’s mission to clamp down on emissions hasn’t been derailed by the COVID-19 pandemic as many feared could be the case. Obviously, the pandemic has had a major impact on the short-term activities as numerous meetings at the International Maritime Organization (IMO) had to be postponed. The impact on the trade and the […]

  • The Poseidon Principles: Can they accelerate the transition to greener vessels?

    22 July 2020
    Business & Finance, Transition

    Shipping is a capital-intensive industry. However, over the past few years, the availability of capital within the sector has shrunk considerably as western banks cut their exposure to the market after struggling with bad shipping loans. Too many regulations, especially those targeting environmental issues and climate change, have made shipping finance rather complex and unattractive […]