Search results for: TUI

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  • 11 July 2017
    Business & Finance

    German-based tourism company TUI Group has decided to distance itself from the container business as it sold its stake in compatriot container carrier Hapag-Lloyd. The company disposed of a total of 8.5 million of shares in an open market block trade to a guaranteed minimum price close to yesterday’s market closing. Prior to this trade TUI […]

  • 21 March 2018
    Business & Finance

    German cruise line TUI Cruises revealed that Mein Schiff 2 will remain part of the company’s fleet.

  • 8 April 2020
    Authorities & Government, Business & Finance, Business developments & projects, Regulation & policy

    TUI AG gets an EUR 1.8 billion state aid bridging loan to cope with coronavirus business impacts.

  • 14 December 2016

    Tamarind Management has made a move to buy more stake in the Tui area oil fields offshore New Zealand after it had entered into an agreement with the operator AWE to buy its entire 57.5% interest in the area.  Namely, AWE concluded its divestment program on Tuesday after agreeing to sell the Tui area oil fields to […]

  • 3 June 2010
    Project & Tenders

    AWE Limited advises that at 0600 hours today, the Tui SW-2 well was preparing to run the BOP’s (Blow Out Preventers). This has been delayed because necessary repairs were held up by bad weather over the last week. After the BOP’s are operational, the forward plan is to drill ahead in 8-1/2” hole from 1,573 […]

  • 15 June 2010

    AWE Limited advises that wireline logging has been completed at the Tui SW-2 exploration well. Wireline evaluation of the previously reported oil shows in the top of the F Sand has established that an economic accumulation of oil is not present at the Tui SW-2 location. Wireline logging operations have been completed and the 7″ […]

  • 1 March 2017

    Australian oil and gas company AWE has completed the sale of its 57.5% interest in the Tui Area Oil Project off New Zealand, including the transfer of operatorship, to Malaysia’s Tamarind Management. AWE said on Wednesday that the 57.5 percent interest in Tui was for a cash consideration of $1.5 million before tax and that […]

  • 13 July 2018
    Project & Tenders

    Trieste-headquartered shipbuilder Fincantieri has been contracted to build two new liquefied natural gas (LNG) powered ships for TUI Cruises, a joint venture between TUI and Royal Caribbean. 

  • 13 December 2016
    Business & Finance

    Australian oil and gas company AWE has entered into an agreement to sell the company’s 57.5% interest in the Tui Area oil fields, offshore New Zealand, to Tamarind Management.  The transaction is subject to customary consents from the New Zealand Government and Tui Joint Venture. Under the terms of the agreement, Tamarind, established in August […]

  • 5 July 2010
    Business & Finance

    AWE Limited, as Operator of the Tui Field on behalf of the Tui Joint Venture, advises that production from the Tui area oil fields for the financial year ended 30 June 2010 was 4.83 million barrels. This slightly exceeded the revised forecast for the financial year of 4.80 million barrels. Total Tui production since the […]

  • 4 August 2014
    Business & Finance

    The previously announced fleet expansion plans of TUI cruises are being turned into action with two more newbuilds now on order.    The Mein Schiff fleet shall grow from current three to six ships and then 14,000 beds by 2017.  The Mein Schiff 4 is currently being built and with the now decided new orders […]

  • 14 February 2017
    Business & Finance, Project & Tenders

    After buying 57.5 percent of the Tui fields offshore New Zealand from AWE, Tamarind Management has now bought the remaining 42.5 percent interest from New Zealand Oil and Gas (NZOG) and Pan Pacific Petroleum (PPP). To remind, the Malaysia-based Tamarind entered into a $1.5 million deal with AWE back in December of 2016 for all of […]

  • 3 June 2017
    Business & Finance

    German cruise line TUI Cruises has christened its newest cruise ship Mein Schiff 6 in Hamburg.  The christening ceremony, accompanied by a firework display and a light show, was held in front of the Elbphilharmonie (a concert hall) in the evening hours of June 2. The newbuilding was delivered to its owner last month as the […]

  • 14 October 2019
    Infrastructure

    A contract for the BW Offshore-owned FPSO Umuroa, operating offshore New Zealand, has been terminated. 

  • 20 May 2010
    Project & Tenders

    AWE Limited advises that during the last week, Tui SW-2 was drilled to a depth of 1507 metres. The 13 3/8” casing has been run and cemented to a depth of 582 metres. This is shallower than was planned, and was necessitated by continuing difficulty with unstable shallow sediments at the Tui SW location. The […]

  • 6 December 2013

    AWE Limited has completed the acquisition of an additional 15% interest in the Tui area oil project and an additional 6.25% in the Oi exploration well, located offshore New Zealand in PMP 38158, from Mitsui E&P Australia Pty Limited. AWE is the Operator of the PMP 38158 joint venture. Further to the company’s ASX release dated 3 October […]

  • 13 December 2017
    Business & Finance

    The cruises segment was one of the growth drivers for Germany-based TUI Group in 2017.

  • 29 November 2010

    TUI Cruises has placed the order for the refitting of the company’s second ship with Lloyd Werft. As was the case with Mein Schiff 1, the new ship in the fleet will undergo a comprehensive refit in Bremerhaven. TUI Cruises will take over Mein Schiff 2 on 28 February 2011 in Baltimore, Maryland USA, before […]

  • 28 June 2018
    Business & Finance

    Petrofac has been awarded a well project management contract from Tamarind Taranki Ltd (Tamarind) in New Zealand. 

  • 31 December 2012

    KONE, one of the global leaders in elevator and escalator solutions, has signed an agreement for providing the elevators and escalators onboard the most recent TUI Cruises’ vessel, the Mein Schiff 4. The new cruise ship will be the sister ship of Mein Schiff 3, which will also have KONE’s solutions installed onboard. Both vessels […]

  • 22 November 2017
    Business & Finance, Infrastructure

    BW Offshore has received a one-year contract extension for the lease and operation of the FPSO Umuroa.

  • 7 February 2020
    Business & Finance

    Germany’s TUI Group is to sell a 50 percent stake in Hapag-Lloyd Cruises to Royal Caribbean.