Search results for: asset

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A list of search results

  • 13 February 2018
    Business & Finance

    Cosco Shipping Leasing is to raise USD 318.2 million through the issuance of asset-backed securities.

  • 22 March 2016
    Business & Finance, Equipment

    Abu Dhabi’s national energy company TAQA has awarded Asset Guardian Solutions, the UK-based process control software company, a contract to provide its software solutions for TAQA’s North Sea offshore assets. TAQA, through its UK subsidiary, operates five platforms that produce from 13 fields spread across the Northern North Sea and the Central North Sea. This […]

  • 20 June 2017
    Business & Finance

    JP Morgan Asset Management has raised USD 480 million from insurers and pension funds aimed at investing into distressed shipping assets. The asset management company surpassed its target of USD 400 million and has already deployed some USD 312 million on 14 vessels, Anton Pil, the company’s managing partner is quoted as saying. The fund sparked considerable interest […]

  • 30 April 2018
    Business & Finance

    CMAL has reached an agreement to purchase three passenger ferries serving the Northern Isles.

  • 17 February 2014
    Business & Finance

    Euronav’s plan to purchase some vessels from certain subsidiaries of Overseas Shipholding Group (“OSG”) has fallen through after OSG said that it will withdraw their previously-announced motion for authorization to sell the vessels over which CEXIM had security interests. As it was previously announced, Euronav has formed a Joint Venture (JV) with GSO Capital Partners […]

  • 2 October 2015

    Russian gas giant Gazprom, and Germany’s largest oil and gas producer Wintershall said they completed the previously announced asset swap. As a result of the deal, Gazprom increased its share in European gas trading and storage companies WINGAS, WIEH and WIEE to 100 percent as well as received a 50 percent stake in WINZ involved […]

  • 23 November 2017

    Trinity’s sale of West Coast assets offshore Trinidad & Tobago to Range did not go as planned due to lack of regulatory approvals. 

  • 9 May 2016
    Equipment, Project & Tenders, Vessels

    Wärtsilä on Monday said it has been selected to provide its propulsion machinery packages for two dual-fuel ro-ro passenger ferries being built for Caledonian Maritime Assets of Scotland.

  • 11 May 2015
    Business & Finance

    Two banks have frozen Sainty Marine’s assets, the Chinese shipbuilder said in a filing with Shenzhen stock exchange.   Namely, the Bank of China has frozen its account with balances of RMB 1.06 million (USD 170,800) whereas Export-Import Bank of China (Exim Bank) has frozen a dual-currency account with balances of RMB 22.99 million and USD 2,491.78, the […]

  • 7 September 2015

    Russia’s gas giant Gazprom and OMV of Austria signed a deal on Friday in Vladivostok on terms and conditions of a possible asset swap. Subject to the swap deal, OMV will acquire a 24.98 per cent stake in the project for developing Blocks 4A and 5A of the Achimov deposits at the Urengoy oil, gas […]

  • 26 April 2018

    Australia’s LNG player Santos has completed the commissioning and start-up of the Scotia CF1 project in Queensland, with initial full field production exceeding 40 TJ/day, in line with expectations.

  • 2 February 2018
    Business & Finance, Human Capital, Operations & Maintenance

    Danish-headquartered company Creadis, focused on asset management and operations and maintenance (O&M), has opened its first UK base on the East of England coast, in the in OrbisEnergy building in Lowestoft, to serve the UK offshore wind sector.

  • 12 April 2018
    Equipment, Project & Tenders

    Bibby HydroMap has expanded its asset inspection survey technology with the purchase of the Carlson Software Merlin LiDAR mapping system. The Merlin LiDAR system will complement the existing marine and terrestrial survey equipment to deliver improved high-resolution datasets of objects of interest, with the aim of enhancing the validity of asset inspection services, the company explained. […]

  • 25 November 2019
    Business & Finance

    ExxonMobil has received approval from European Commission to sell its non-operated upstream assets in Norway to Vår Energi, a company owned by Eni and HitecVision. The Commission concluded that the proposed acquisition would raise no competition concerns given the companies’ moderate combined market positions resulting from the proposed transaction. ExxonMobil announced the sale of assets […]

  • 16 April 2019
    Business & Finance, Research & Development

    Odyssey Marine Exploration has entered into a share purchase agreement with Seabed Capital to acquire Seabed’s controlling interest in the company that holds a potentially significant subsea mineral deposit in the South Pacific in a non-cash transaction. This transaction aligns with Odyssey’s business model of acquiring and developing subsea mineral assets to create near-term and […]

  • 13 November 2013
    Business & Finance

    Brazil’s state-controlled oil company Petrobras announces that today it has signed sale of its 100% shareholding in the wholly owned subsidiary Petrobras Energia Peru (PEP) to China National Petroleum Corporation – CNPC for $2.6 billion.    The assets included in the transaction are: 100% stake in Block X, a mature field that has been in […]

  • 17 February 2016
    Business & Finance

    Ferguson Marine Engineering Limited (FMEL) on the Clyde has started construction of two new 100-metre ferries for the Clyde and Hebrides network. The ferries, owned by Caledonian Maritime Assets Ltd (CMAL), are designed to carry 127 cars or 16 HGVs or a combination of both and up to 1,000 passengers. The new ferries are earmarked […]

  • 17 April 2013
    Equipment

      Asset Guardian Solutions Ltd (AGSL), which specialises in protecting companies’ process critical software assets, announced that it has secured a contract with Stena Drilling Ltd of Aberdeen, Scotland. “This contract represents a significant development for AGSL, reinforcing its position within the Oil and Gas Drilling sector,” says the company in a press release.  Managing […]

  • 1 April 2015

    Veresen said that Veresen Midstream Limited Partnership has closed the acquisition of certain natural gas gathering and compression assets supporting Montney development in the Dawson area of northeastern British Columbia from Encana Corporation and the Cutbank Ridge Partnership.

  • 21 February 2014
    Business & Finance

    Shell today announced it has reached a binding agreement to sell its Australia downstream businesses (excluding Aviation) to Vitol for a total transaction value of approximately A$2.9 billion (US$2.6 billion). The sale covers Shell’s Geelong Refinery and 870-site retail business – along with its bulk fuels, bitumen, chemicals and part of its lubricants businesses in […]

  • 27 September 2017

    Working offshore, working at heights and working with hazardous products requires the correct working method and safety procedure. You can best describe asset integrity as maintaining the asset, whatever asset that may be. To ensure asset integrity, in 2016 The Netherlands established Industry Standard No. 90. One year after implementation it is time to evaluate […]

  • 9 March 2006

    Golden Ocean Group Limited ( “GOGL” ) has agreed to sell their two new building contracts at Shanghai Waigaoqiao Shipyard to CMB’s subsidiary Bocimar International. The ships are sold including the two three year time charter agreements arranged for the ships.