Search results for: $400 M

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  • 15 December 2016
    Business & Finance

    Federal flood control projects and navigation improvements in Mississippi will be funded by the State, according to U.S. Senator Thad Cochran. Senator Cochran yesterday reported that more than $400 million in disaster relief has been approved by Congress to address flood damage that occurred in the Lower Mississippi River Valley in the winter and spring of […]

  • 16 June 2015
    Business & Finance, Equipment, Technology

    Rohr-Idreco has designed, built, and installed an RISD400-M (16″) electric dredger for the North American frac sand mining operations.  This new dredger has a digging depth of 82 ft. (25m) and production capacity in excess of 800 tph. The dredger is equipped with a state-of-the-art GPS and sonar system that provides the operator virtually real time mapping, […]

  • 20 September 2018
    Business & Finance

    The acquisition includes a 23.1% interest in the Western Isles Development Project, a 25.8% interest in the Hudson field, a 2.0% interest in the Brent Pipeline System, and a 1.2% interest in the Sullom Voe oil terminal.

  • 20 November 2014
    Business & Finance

    SapuraKencana Petroleum Berhad will buy Petronas’ interest in three blocks offshore south Vietnam (Blocks 01/97 & 02/97, Blocks 10&11.1, Block 46-CN) for a total purchase price of $400 million. The economic effective date of the transaction is January 1, 2014 and SapuraKencana is entitled to net revenues from these Blocks from that date, the company said […]

  • 25 April 2014
    Business & Finance

    Genel Energy plc intends to issue $400 million in aggregate principal amount of senior unsecured bonds maturing in 2019.   The oil explorer, run by former BP CEO Tony Hayward, said it would employ net proceeds from the Bonds towards a combination of field development costs as well as general corporate purposes. The interest rate, issue […]

  • 17 October 2013

    COSCO Corporation (Singapore) Limited announced today that COSCO (Dalian) Shipyard Co ., Ltd has secured a contract valued over $53.3 million from a Chinese buyer to build one 30,000 DWT cargo and training ship. The above ship is scheduled for delivery in the third quarter of 2015. The second contract, awarded to COSCO (Nantong) Shipyard […]

  • 1 December 2017

    Italian oilfield services specialist Saipem has secured a new offshore engineering and construction contract in Saudi Arabia. The new contract has been awarded by Saudi Aramco for Engineering, Procurement, Construction (EPC) activities in Saudi Arabia, under the Long Term Agreement renewed in 2015 until 2021. The contract’s main scope of work includes the engineering, procurement […]

  • 21 September 2018
    Business & Finance, Operations & Maintenance

    Verus Petroleum has signed a sale & purchase agreement (SPA) for the acquisition of Cieco Exploration & Production (UK) Limited, a wholly owned subsidiary of ITOCHU Corporation. The $400-million acquisition includes a 23.1% interest in the Western Isles Development Project, a 25.8% interest in the Hudson field, a 2.0% interest in the Brent Pipeline System, […]

  • 18 December 2013

    Technip was awarded by Kuwait Oil Company (KOC) a contract, worth over USD 400 million, for consultancy services for project management and engineering.   This deals with the construction of new oil and gas infrastructure facilities, as well as the upgrading of existing facilities, in Kuwait. Technip will provide services for the next five years […]

  • 22 January 2016
    Business & Finance

    Malaysia’s SapuraKencana in late 2014 entered into an agreement to buy Petronas Carigali’s offshore assets in Vietnam, however the deal is now off. According to SapuraKencana’s statement on Friday, January 22 2016, the conditional sale and purchase agreements on the proposed Vietnam transaction have been terminated by the parties by mutual agreement. Under the proposed […]

  • 19 June 2015
    Business & Finance, Exploration & Production

    Petrofac’s Offshore Projects & Operations business unit has secured contract renewals for operations and maintenance work worth approximately $400 million on the UK Continental Shelf (UKCS). According to Petrofac, the largest of these awards is for the provision of operations and maintenance teams for CNR International across its North Sea assets – the three platforms […]

  • 23 January 2015

    Santos GLNG informed that its 400m liquefied natural gas loading jetty on Curtis Island near Gladstone is complete.

  • 16 January 2017

    UK Export Finance (UKEF), a European export credit agency, will provide $400 million in support of a GE Oil & Gas contract with Ghana’s Offshore Cape Three Points Project. UKEF is supporting a GE Oil & Gas contract worth $850 million, which will in turn support jobs in the Aberdeen and Bristol areas. The contract for […]

  • 6 October 2014
    Business & Finance

    The Senegalese national oil company Petrosen is set to sign a $400 million farm-in agreement with Kosmos Energy and Timis Corporation. Reuters reported on Saturday that Petrosen was set to sign the farm-in agreement with Kosmos Energy and Timis Corp. regarding its Cayar and St. Louis blocks, located offshore Senegal. The news agency said that Kosmos Energy […]

  • 20 July 2010

    Norway’s Rocksource ASA said today that the newbuild Maersk Deliverer rig has been fixed to drill a first well targeting a potential 400 million barrel prospect offshore West Africa. Rocksource said the rig is due to arrive on location in the first quarter next year to drill the first well in the AGC Profond Production […]

  • 23 January 2015

    Santos GLNG informed that its 400m liquefied natural gas loading jetty on Curtis Island near Gladstone is complete.

  • 27 January 2014

    Höegh LNG has received commitments letters from seven international banks for a $400 million Senior Secured Credit Facility. The facility, to be used for financing the FSRU #3 and FSRU #4, has a five year post delivery tenor and a fifteen years repayment profile. The facility is without charter employment requirements and available also for […]

  • 8 July 2010
    Business & Finance, Human Capital

    YORKSHIRE’S drive to become a world-leading manufacturing base for wind turbines surges ahead today with proposals for a massive £400m waterside energy park creating 20,000 jobs.

  • 16 April 2018
    Business & Finance

    Petrobras has signed a financing agreement for up to $400 million as part of its four-year business plan. 

  • 11 September 2007

    Port operator PSA is investing S$400 million to bring new generation high-tech cranes into the Pasir Panjang Terminal. The move is aimed at meeting growing demand and boosting its competitive edge. The contract for the cranes was signed on Wednesday between PSA and China’s Shanghai Zhenhua Port Machinery, the world’s largest crane manufacturer.

  • 26 July 2010

    Now that the $400 million cleanup of the portion of the Housatonic River that flows through Pittsfield is just about done, it’s time to consider how to restore the rest of the PCB-laden waters flowing through even more sensitive Berkshire areas. State and federal environmental officials are set to discuss Tuesday the plans to clean […]

  • 1 March 2007

    A council has set aside £400,000 for repairs to Llanelli’s Millennium Coastal Park after a 400m section was washed into the sea.