Search results for: Hony

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  • 11 November 2016

    Chinese private equity firm Hony Capital has bought a 2.25 percent stake in Australian LNG player Santos. Santos said in a statement on Friday that Hony Capital bought 40 million shares worth A$159.2 million ($121.2 million) after market close on Thursday. The Chinese group now owns about 3.2 percent in Santos. Hony paid A$3.98 a share, an […]

  • 27 June 2017

    Australian LNG operator Santos entered into a strategic relationship with existing Chinese shareholders ENN Group and Hony Capital. Gas distributor ENN and Hony, a private equity firm, have an aggregate interest of 15.1% of Santos shares. Based on mutual cooperation and assistance, the new deal will see the joint investment in gas exploration and liquefied […]

  • 4 May 2017

    Australian LNG player Santos said that the Chinese private equity firm, Hony Capital, has bought 48 million company shares at a price of A$3.84 per share (US$2.84).

  • 16 May 2018

    Australia’s LNG player, Santos, further clarified the media comments regarding a preliminary agreement between ENN and Harbour Energy (Harbour) for a joint bid for Santos takeover.

  • 24 March 2016

    ENN said on Wednesday that it will acquire Hony Capital’s 11.7 percent share in the Australian LNG player Santos, for US$750 million.

  • 24 March 2016

    Chinese natural gas distribution company, ENN Group, will become the largest shareholder in the Australian independent energy company, Santos, after buying $750 million-worth of stake in the company.  ENN Group’s subsidiary, ENN Ecological Holdings, will acquire Hony Capital’s 11.7% share in Santos for $750 million to become the largest shareholder in the Australian energy company. […]

  • 9 November 2015

    Australia’s Santos said on Monday it has initiated a $3.5 billion cash raising to plug the debt holes caused by low oil prices.

  • 16 May 2018

    Australia’s Santos Ltd has said that no agreement has been reached between its shareholder ENN and Harbour Energy over the proposed takeover of the company.

  • 17 May 2018

    After days of media speculation about potential agreements between Harbour Energy and ENN to put in a joint bid for Santos takeover, the Australian LNG player said Harbour put in a revised proposal. 

  • 17 May 2018
    Business & Finance

    After launching a non-binding bid in April to take over Australian gas producer Santos, Harbour Energy has now firmed up the offer.

  • 3 April 2018

    Australia’s Santos, the operator of the GLNG project on Curtis Island, received a new takeover proposal Harbour Energy valued at A$13.5 billion (US$10.4 billion). 

  • 9 November 2015

    Japan’s Mitsui & Co will buy a 35% working interest in the Kipper gas and condensate field from Australia’s Santos for A$520 million ($367 million). The Kipper field, operated by ExxonMobil, is located in the Gippsland basin, approximately 45 kilometers off the coast of Victoria, Australia. Production of gas, condensate and LPG is expected to […]

  • 18 September 2015
    Business & Finance, Operations & Maintenance

    Government of Hong Kong SAR Marine Department has informed that submarine pipeline inspection works will be carried out for a period of approximately one month, at Shatin Hoi. The works will be carried out by one derrick barge, while one tug and one guard boat will provide assistance. According to Hong Kong Marine Department, a […]

  • 11 April 2014
    Business & Finance

    The Wallem Group is leading the way in Honk Kong for the maritime industry, winning a plethora of awards from peers, seafarers and clients. The Shipping Company of the Year title was bestowed on Wallem by the International Seafarers Welfare and Assistance Network (ISWAN) for the Wallem Group’s crew welfare program in the Seafarer Welfare […]

  • 25 March 2013
    Business & Finance

    The upgraded infrastructure at Cochin Fisheries Harbour has been inaugurated by Prof.K.V.Thomas, Hon’ble Union Minister of State (Independent Charge) for Consumer Affairs, Food &Public Distribution, Government of India. Shri.K.Babu, Hon’ble Minister for Excise, Ports & Fisheries, Govt of Kerala presided the function. Shri.Tony Chammanv, Worshipful Mayor of Cochin, Shri Dominic Presentation, Hon’ble Member of Legislative […]

  • 4 November 2013
    Technology

    On Friday 25 October, the Oceanlinx team celebrated with their valued guests the launch of the world’s first wave energy converter unit – ‘greenWAVE’. Celebrations were held in Adelaide, South Australia, with guests able to walk around and inside the ‘greenWAVE’ to get a first hand look at this industry leading technology. The event saw […]

  • 13 January 2020
    Business & Finance, Rules & Regulation

    The Trump Administration has issued a new wave of sanctions against Iran.

  • 23 March 2015
    Business & Finance

    Namaka Subsea, an Aberdeen based subsea consulting company, has added Training and Continuing Professional Development (CPD) to their portfolio of services, offered to the industry on a global basis. Training and Continuing Professional Development (CPD) play a crucial part of the development of personnel competencies, as well as providing additional knowledge to the workforce. Therefore Namaka […]

  • 8 June 2018
    Business & Finance

    Posidonia: New clusters, shipping centres emerge as trade grows and the control of ships and cargoes shifts eastwards.

  • 12 September 2011

    Renewable-energy arine technology company SolarSailor and Australian ship builder Forgacs Engineering Pty Ltd announced at the Clean Energy Investment Symposium in Sydney on Wednesday, their agreement to market, prototype, and build world-first wind and solar powered Unmanned Ocean Vessels. The licence agreement between the two companies combines SolarSailor’s patented Unmanned Ocean Vessel (UOV) technology with […]

  • 15 February 2012
    Business & Finance, Equipment

    Yorkshire-based cable cleat manufacturer, Ellis has recently entered into Chinese market by securing a significant order from COSCO Engineering. The company’s Emperor cleats have been specified by COSCO Engineering for installation on the Vantage Drilling Company’s new drillship, the Dalian Developer. Tony Conroy, the export sales manager for Ellis, explains: “The growth in cheaply manufactured cleats […]

  • 15 July 2011
    Business & Finance

    As a result of the still ongoing concentration on shipbuilding activities in the Far East region and especially China’s position as the number one shipbuilding nation, Rockwool Marine & Offshore increases focus by establishing a sales office in Shanghai centre. The Rockwool Group, the world’s largest producer of stone wool insulation, has for many years […]