Search results for: eig

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  • 2 June 2016

    Singapore’s conglomerate Keppel has been linked to a conspiracy case in Brazil, involving a now bankrupt drilling contractor Sete Brasil. The Singaporean company said that it, along with its offshore rig building subsidiary Keppel Offshore & Marine, has been named as a defendant in an action started by Investment fund EIG against Brazilian oil company Petrobras. EIG filed a claim the United […]

  • 24 February 2011
    Business & Finance, Research & Development

      In a landmark development, du today announced partial activation of the new Europe India Gateway (EIG) submarine cable –which will enhance capacity and diversity between the UAE and Middle East to Europe and Asia. The EIG submarine cable was conceived by a 16-member consortium of leading regional and international operators responsible for the construction […]

  • 26 November 2012
    Business & Finance, Operations & Maintenance

    Gibtelecom has announced that it has recently entered into a strategic communications partnership with Monaco Telecom, part of the Cable and Wireless Communications group. The partnership marks a further step on Gibtelecom’s journey to becoming a global communications carrier. Monaco and Gibraltar are now directly connected as both places are landing stations on the Europe […]

  • 3 April 2017
    Exploration & Production

    A U.S. judge has let Singapore’s offshore rig builders Keppel and Sembcorp Marine  off the hook in a case involving an investment fund, Brazil’s driller Sete and the oil company Petrobras. To remind, in mid-2016 Keppel and Sembcorp Marine were named defendants in an action initiated by EIG Management Co and eight of its managed funds […]

  • 19 February 2020
    Business & Finance, Equipment, Operations & Maintenance

    The Europe India Gateway (EIG) submarine cable system has been upgraded to accelerate and strengthen connectivity between businesses in the UK, Europe, the Middle East and India. Using Ciena’s submarine network solution, the upgrade allows EIG to utilize flexible, express wavelengths, also known as optical bypass, to reduce operational costs as well as space and […]

  • 1 March 2017
    Project & Tenders

    Investment funds managed by EIG Global Energy Partners acquired a 49 percent stake in the Kinder Morgan’s Elba Island LNG export project.

  • 18 December 2015
    Business & Finance

    The General Court of the European Union has overturned the EU Commission’s decision that the Spanish tax lease system was illegal state aid. From May 2006 onwards the commission received several complaints against the Spanish Tax Lease System (the STLS), which alleged that the system allowed maritime shipping companies to benefit from a 20-30% price reduction when buying ships […]

  • 14 February 2018
    Business & Finance

    Keppel Offshore and Marine Limited (KOM) has been served with a summons within a civil action lawsuit filed EIG.

  • 1 June 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    Gibtelecom has announced that it recently entered into a strategic partnership with a leading African communications company, Vodacom South Africa. This partnership is one of the first steps on Gibtelecom’s journey to becoming a global carrier, with Gibraltar being recognised as an international communications hub. Gibtelecom’s capacity sale on the Europe India Gateway (EIG) submarine […]

  • 7 December 2011

    Chesapeake Energy Corporation announced the closing of the sale of $750 million of perpetual preferred shares in its wholly owned subsidiary, CHK Utica, L.L.C. The subsidiary owns approximately 700,000 net leasehold acres within an area of mutual interest in the Utica Shale play in 13 counties primarily in eastern Ohio. Chesapeake has retained all the […]

  • 5 February 2016
    Business & Finance

    Centrica and its 50% joint venture partner EIG Global Energy Partners (EIG) have agreed a joint sale of the 194 MW Lynn and Inner Dowsing offshore wind farms to a consortium comprising the UK Green Investment Bank Offshore Wind Fund and funds managed by BlackRock. The overall transaction also includes the sale of the 26 […]

  • 16 January 2015
    Project & Tenders

    Houston-based LNG player Cheniere said that it has entered into a note purchase agreement with EIG Management Company.

  • 25 May 2016
    Business & Finance

    Singapore-based global marine and offshore engineering company Sembcorp Marine Ltd said it would rigorously defend itself in Petrobras fraud case if it is called to court. The announcement was issued as a response to media reports saying that Sembcorp Marine Ltd and its subsidiary Jurong Shipyard Pte Ltd have been named as defendants along with other shipyards […]

  • 19 June 2017

    The European Commission has given its clearance for the Shell’s sale of the UK North Sea assets to Chrysaor. As previously reported, Shell in January 2017 agreed to sell “a package” its of UK North Sea assets to Chrysaor for a fee of up to $3.8 billion. Chrysaor, the UK oil and gas independent, will […]

  • 23 January 2018
    Project & Tenders, Vessels

    Atlantic Port of Bordeaux, the EIG Dragages Ports and the Socarenam shipyard signed a €20 million ($24.4 million) contract for the construction of the water injection dredger running on LNG.

  • 16 August 2013
    Business & Finance

    Yesterday, during a conference call with market analyst, the CEO of LLX, Marcus Berto, stated that the signing of the Commitment with EIG Group confirms the competitive advantages offered by Açu Superport and the venture’s capacity to attract global investors interested in infrastructure ventures. The Company Announcement published yesterday stated that the commitment stipulates the […]

  • 25 May 2016
    Exploration & Production

    Sembcorp Marine, a Singapore-based rig builder, has rebuffed allegations linking it with a conspiracy case in Brazil. The company was responding to an article by the Norwegian newspaper Upstream, according to which Sembcorp Marine and its subsidiary Jurong Shipyard have been named as defendants along with other shipyards and entities in a complaint filed by […]

  • 12 December 2013
    Environment, Research & Development

    Geophysical and environmental survey at Lynn and Inner Dowsing Wind Farms, which was carried out by the Wessex Explored vessel, has been completed and the vessel has left the site. The Thunderbird vessel is currently undertaking its scope of work during suitable weather windows. It is estimated that the vessel will complete the scope (carrying […]

  • 23 January 2018
    Business & Finance, Project & Tenders, Vessels

    Atlantic Port of Bordeaux, the EIG Dragages Ports and the SOCARENAM shipyard have just signed a contract for the construction of the water injection dredger running on LNG. This innovative and eco-efficient dredger will replace the grab hopper dredger “La Maqueline” in the summer of 2019. Atlantic Port of Bordeaux uses two dredgers to maintain […]

  • 31 January 2012
    Business & Finance

        Sify Technologies Limited, a leader in Managed Enterprise, Network and ICT Services in India with growing global delivery capabilities, announced its consolidated results under International Financial Reporting Standards (IFRS) for the third quarter of fiscal year 2011-12. Performance Highlights Q 3 FY 11-12: *Revenues for the quarter ended December 31, 2011 was INR […]

  • 7 November 2017
    Operations & Maintenance

    Reach Engineering and Diving Services (REDS) has completed internal inspections of 20 monopile foundations at Lynn and Inner Dowsing offshore wind farms. Tidal Transit’s crew transfer vessel (CTV) Ginny Louise was chartered to support the works.

  • 2 June 2017

    Houston-based LNG player Cheniere has filed an application for a certificate of public convenience and necessity with the Federal Energy Regulatory Commission for its 200-mile 36-inch interstate natural gas pipeline project.