Search results for: 750

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  • 12 December 2016
    Project & Tenders

    Heavy lifting company ALE is wrapping up load-out operations for the Upper Zakum 750 Island Surface Facilities (UZ750) project offshore Abu Dhabi, UAE. ALE, a UK-based transportation specialist, secured a contract to deliver almost 100 different modules to the artificial islands of the Zakum oil field, the second largest field in the Arabian Gulf. Upper Zakum […]

  • 15 November 2016
    Business & Finance, Equipment, Technology

    VOLVO has presented its largest excavator to date, the EC750E at the recent MINExpo 2016 show in Las Vegas, NV. The EC750E was designed to deliver heavy lifting power and high productivity with best-in-class fuel efficiency. The machine is capable of delivering up to 15 percent higher productivity with 5 percent greater fuel efficiency than […]

  • 31 March 2014

    Bumi Armada has secured a loan to finance construction of the Kraken FPSO, a unit which will mark the company’s entry to the North Sea oil and gas market. Malaysia-based international company, Bumi Armada Berhad announced that its wholly-owned subsidiary, Armada Kraken Pte Ltd (“Armada Kraken”) has secured a syndicated bridge loan facility of USD750 […]

  • 4 April 2016
    Business & Finance, Research & Development

    The Centre for Marine and Renewable Energy Ireland (MaREI) has received a funding boost from NTR Foundation, an independent philantropic organisation, to investigate low carbon energy opportunities in Ireland.

  • 2 October 2014

    Saipem has been awarded new offshore Engineering & Construction contracts in the Gulf of Mexico, for a total amount of approximately $750 million.

  • 26 March 2020
    Equipment, Project & Tenders

    Engineering solutions firm SengS said it has recently secured new contracts worth a combined £750,000. SengS has designed, manufactured and delivered various projects, including a containerised test unit for an Aberdeen-based oilfield equipment firm, allowing the execution of work scopes within the customer’s own facility. Further afield, SengS has kicked-off its first project in Spain […]

  • 16 April 2015
    Business & Finance, Equipment, Operations & Maintenance

    Oilfield services investment company, Akastor, has confirmed that its wholly owned portfolio company MHWirth will axe its global workforce due to deterioration in the rig market. Namely, in February this year, MHWirth announced it will be reducing its workforce between 500-750 people. In line with that announcement, Akastor today informed that 750 jobs will be […]

  • 3 March 2017

    U.S. LNG export player Cheniere Energy said it has secured another US$750 million through a four-year revolving credit facility with nine financial institutions.

  • 13 November 2018
    Business & Finance

    UAE’s ADNOC Offshore has extended oilfield services company Wood’s contract for services to the Upper Zakum 750 megaproject offshore Abu Dhabi.

  • 20 March 2019
    Business & Finance, Equipment, Research & Development

    Interventek has committed investment in the region of £750,000 to support business growth in 2019 and beyond, with the addition of six staff and a new technology development and test centre. The investment follows recent business wins for the supply of Interventek’s Revolution shear and seal safety valve to support well intervention projects in the […]

  • 4 April 2006

    Stimson Yachts and Carbon Index, both based in Cowes in the UK, are collaborating to design, build and promote a new range of high performance semi-custom RIBs, suitable for a wide variety of functions, from workboat to superyacht tender.

  • 28 September 2012
    Business & Finance

    Crowley Maritime Corporation christened the 16,000-horsepower tugboat Legend and 330,000-barrel tank barge 750-2 today in Tampa, Fla. Together the vessels comprise the company’s newest articulated-tug-barge (ATB) and will be used to transport petroleum products between the U.S. Gulf and East Coasts, making regular port calls in Tampa where Crowley currently discharges nearly 163 million gallons […]

  • 28 September 2012

    Crowley Maritime Corporation christened the 16,000-horsepower tugboat Legend and 330,000-barrel tank barge 750-2 today in Tampa, Fla. Together the vessels comprise the company’s newest articulated-tug-barge (ATB) and will be used to transport petroleum products between the U.S. Gulf and East Coasts, making regular port calls in Tampa where Crowley currently discharges nearly 163 million gallons […]

  • 4 February 2014

    Total announces the sale of its 15% participating interest in the offshore Angola Block 15/06 to Sonangol E&P. The transaction is valued at 750 million dollars and remains subject to customary approvals. “The sale of our interest in Block 15/06 is in line with Total’s global strategy to actively manage its portfolio and focus its investment […]

  • 1 September 2015
    Business & Finance

    Antwerp-based tanker owner and operator Euronav has signed a new USD 750 million senior credit facility to refinance previous loan agreements, as well as bankroll its fleet expansion program. The new senior secured amortizing revolving credit facility will be used to refinance 21 vessels and finance four newbuilding very large crude carrier (VLCC) resales currently under construction at […]

  • 28 November 2019
    Business & Finance, Operations & Maintenance, Project & Tenders

    Saipem has been awarded a contract by the French company EDF Renewables for the construction of the Neart na Gaoithe (NnG) wind farm offshore Scotland. This is the first turn-key project awarded to Saipem in the offshore wind farm sector. The scope of work consists of the engineering, procurement, construction and installation of 54 steel […]

  • 20 December 2017
    Infrastructure

    SBM Offshore gas completed the project financing of Liza FPSO, to be deployed offshore Guyana, for a total of $720 million. The Dutch company has obtained the cash from a consortium of twelve international banks.  The Liza FPSO will be owned and be operated by SBM Offshore, and will, once completed, be used by Exxon Mobil […]

  • 11 December 2014
    Business & Finance, Equipment

    Wood Group has been awarded a five year contract with an estimated value of $750 million from BP. Under the contract Wood Group PSN (WGPSN), will deliver engineering, procurement and construction services to six UK continental shelf (UKCS) offshore upstream assets and the Forties Pipeline System (FPS) onshore midstream facilities in Grangemouth. Effective January 2015, […]

  • 1 September 2015
    Business & Finance

    Antwerp-based tanker owner and operator Euronav has signed a new USD 750 million senior credit facility to refinance previous loan agreements, as well as bankroll its fleet expansion program. The new senior secured amortizing revolving credit facility will be used to refinance 21 vessels and finance four newbuilding very large crude carrier (VLCC) resales currently under construction at […]

  • 26 February 2008

    VOSTA LMG has been awarded a contract for a cutter suction dredge CSD750 by INTERNATIONAL SEAPORT DREDGING LTD., a joint venture company of the Belgian dredging major Dredging International (member of the DEME group) and the Indian construction giant Larsen & Toubro. The dredge will be used for dredging projects throughout India due to the […]

  • 26 January 2011

    IBERDROLA completed a €750 million issue of 3-year bonds on the euro market. Given the current favourable market conditions for companies such as IBERDROLA, the initial amount was raised by €250 million. This issue was nearly seven-times oversubscribed, drawing orders of €5.2 billion, and was placed among over 300 investors from 28 different countries in […]

  • 4 June 2015
    Business & Finance

    German shipping company Herm. Dauelsberg GmbH & Co. KG has been fined with USD 750,000 for dumping oily bilge in Alaska. Herm. Dauelsberg-operated ship Lindavia released an estimated 1,780 gallons of oily water in U.S. waters while en route from China to Dutch Harbor in the Aleutian Islands earlier this year, Assistant U.S. Attorney Kevin Feldis is quoted as saying […]