Search results for: Aje

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  • 26 July 2019
    Business & Finance, Ports & Logistics

    Dutch heavy lift and transportation specialist Mammoet has signed an agreement to acquire the UK-based heavy lift and transportation provider ALE. Both companies are specialists in engineered heavy lifting and transport for sectors such as the petrochemical industry, renewable energy, power generation, civil construction, and the offshore industry. “Mammoet and ALE complement each other in […]

  • 23 March 2018

    Egypt’s offshore driller ADES has <span class=”ga”>signed a US$450 million syndicated credit facility to support its recently announced plans to pursue further acquisitions. In addition to funding potential acquisitions, the loan will also be used to refinance the company’s existing debt and to finance anticipated future working capital. The loan comprises three separate tranches, all of which have […]

  • 24 July 2017
    Business & Finance

    Heavylift specialist ALE has expanded its services in the offshore sector through the acquisition of a lifting contractor, Conbit. Conbit is an Eindhoven-based structural engineering and lifting contractor specializing in offshore engineering and maintenance as well as onshore tower markets. The new member of the ALE Group works in several markets, including on- and offshore oil […]

  • 9 January 2020
    Business & Finance

    Mammoet has completed the acquisition of UK-based counterpart ALE.

  • 26 July 2019
    Business & Finance

    Dutch heavy lifting and transportation company Mammoet has agreed to buy UK rival firm ALE for an undisclosed amount.

  • 9 July 2019

    Dutch heavy lifting and transportation company Mammoet and its UK rival ALE have revealed they’ve been in talks over a purchase agreement.

  • 20 December 2017
    Business & Finance, Exploration & Production

    ADES International, a London-listed provider of offshore and onshore oil and gas drilling in the Middle East and Africa, has bought three jack-up drilling rigs from Nabors Industries for $83 million.  ADES International has signed the purchase and sale agreement (PSA) for the three rigs with Nabors Drilling International II Limited, a subsidiary of Nabors […]

  • 7 March 2018
    Business & Finance

    Japan’s Mitsui is set to declare its offer for the acquisition of Australian oil and gas producer AWE unconditional.

  • 9 March 2018
    Exploration & Production

    Rowan Companies has reportedly sold one if its jack-up drilling rigs to Advanced Energy Systes (ADES) in Egypt. 

  • 10 September 2018
    Business & Finance

    Oil and gas company New Age has appointed a new non-executive chairman of the board.

  • 21 February 2018
    Business & Finance

    Australia’s oil and gas producer AWE has urged its shareholders to accept the takeover bid from Japan’s Mitsui.

  • 14 May 2015
    Business & Finance

    Australia’s AWE Limited has announced a new four-year, A$400 million ($324.6 million) secured multicurrency syndicated bank loan facility to replace its existing A$300 million ($243.5 million) unsecured loan facility. Chief Financial Officer of AWE, Ayten Saridas, said that “the new facility further strengthens the company’s capacity to deliver its expanding portfolio of major growth projects […]

  • 21 February 2018

    Australian oil and gas producer AWE Limited recommends its shareholders to accept the takeover offer made by Japan’s Mitsui, in the absence of a superior proposal. 

  • 24 May 2018
    Business & Finance, Exploration & Production

    ADES International, a provider of offshore and onshore oil and gas drilling and production services, has secured a new loan from a Saudi bank to finance the acquisition of three jack-ups from Nabors.

  • 4 July 2017

    AWE Limited, the operator of the Waitsia gas project in Western Australia production license L1/L2 has confirmed the extension of the gas field. 

  • 20 June 2016

    Global heavylift specialist ALE is expanding into full offshore barge transportation market which also encompasses brokering, chartering and hire, as well as full turnkey marine operations. ALE said on Monday that the services will be provided by the company’s own fleet, that includes 250′, 300′ and 400′ class barges and ALE’s Hydro Deck pontoon, as well as […]

  • 10 January 2017

    ALE has transported a 75m long Siemens wind turbine blade, which is now installed across the Queen Victoria Square as part of the Hull UK City of Culture programme. The company transported the wind blade on SPMTs and bolsters from Siemens’ production facility, 5.6 kilometres away, through winding city streets to Queen Victoria Square. Once in […]

  • 16 November 2017
    Business & Finance, Exploration & Production

    Offshore driller ADES has secured a drilling contract for its Admarine III jack-up rig in Egypt. The contract is with Egypt’s General Petroleum Company, and is for two years. GPC will have an option to extend for two more years. Dr. Mohamed Farouk, Chief Executive Officer of ADES International Holding, said: “Admarine III’s original contract with […]

  • 16 June 2017
    Business & Finance

    Image Courtesy: ALE Heavy lifting and transportation company ALE completed the load-in of the Sewol wreck using a record-breaking number of self-propelled modular transporters (SPMTs), as part of a complex salvage operation in the East China Sea in April. At 17,000 tons, this was the heaviest piece ever to be transported by SPMTs, according to the company. […]

  • 3 October 2016
    Equipment, Infrastructure, Project & Tenders

    ALE Heavy Lift, a UK-based heavy-lift and transportation specialist, has performed its inaugural lifts on the P-74 FPSO project in Brazil with what the company says is the world’s largest capacity land-based crane, the AL.SK350. To remind, the crane was load-tested in preparation for its first lifts on Petrobras’ P-74 FPSO at the beginning of September. […]

  • 14 June 2018
    Ports & Logistics

    Panama’s and Central America’s first liquefied natural gas (LNG) import terminal received on Thursday a commissioning cargo the from Cheniere’s Sabine Pass plant in the US. Engie’s 154,000-cbm LNG carrier Provalys docked at Panama’s Costa Norte LNG import terminal on Thursday morning, a spokeswoman for AES in Panama, one of the two developers in the project, confirmed […]

  • 22 December 2016

    AWE Limited, operator of the Waitsia gas project in Western Australia production license L1/L2, said that well performance from Stage 1A of the Waitsia gas project has exceeded pre-production expectations over the first three months of operations.