5823 results found for 'gorgon'

5823 results found for 'gorgon'
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  • Final Terms of Convertible Bond Offering Announced

    13 June 2014
    Business & Finance

    DP World has announced the final terms of its offering of $1 billion senior unsecured convertible bonds due 2024 convertible into ordinary shares of DP World. The Bonds will bear interest at an annual rate of 1.75% and the conversion price has been set at $27.1396, a 37.5% premium over the share price. The net […]

  • OPT’s net loss widens as costs grow

    7 July 2015
    Business & Finance, Operations & Maintenance

    Ocean Power Technologies (OPT) has reported an increase in net loss of $2 mln for the fiscal year ended April 30, 2015, due to the increase in the project costs. The net loss for the fiscal year was $13.2 million, as compared to a net loss of $11.2 million for the year ended April 30, […]

  • Top news, June 13 – 19, 2016

    19 June 2016
    Business & Finance

    Tidal Energy Today has compiled the top news from tidal and wave energy industry from June 13 – 19, 2016.

  • LNG Canada boosted by British Columbia tax cuts

    23 March 2018

    British Columbia government has put measures in place to boost the development of liquefied natural gas industry in the province. 

  • TFKable to Take Over JDR

    17 July 2017
    Business & Finance

    JDR Cable Systems today announced that it is to be acquired by TELE-FONIKA Kable (TFKable), a global producer of wires and cables.

  • SLB, Subsea7 partner with C-Power to explore ocean energy solutions for subsea applications

    16 September 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Vision

    SLB has inked a memorandum of understanding (MoU) with C-Power through its OneSubsea joint venture (JV) to, together with Subsea7, explore using ocean energy as a lower-cost, lower-carbon power source for subsea applications. SLB OneSubsea, the JV backed by SLB, Aker Solutions, and Subsea7, will provide an integrated solution for the project, including an electric […]

  • NIBC sells $1B shipping portfolio to Hamburg Commercial Bank

    28 June 2024
    Business & Finance, Business Developments & Projects

    Dutch commercial bank NIBC has reached an agreement to sell its shipping portfolio of senior secured loans of $992 million to Germany’s Hamburg Commercial Bank (HCOB).

  • MR2 Newbuild Pair Handed Over to OSG

    2 October 2019
    Business & Finance

    Overseas Shipholding Group takes delivery of two 50,000 dwt product and chemical tankers in Korea.

  • Clontarf bags deep water acreage off Equatorial Guinea

    6 June 2017

    Ireland-based Clontarf Energy has been awarded offshore Block 18 (EG-18) as part of the Equatorial Guinea 2017 bid round.  According to the company’s statement on Tuesday, Block 18 covers approximately 5,056 km2 of undrilled deep water acreage with several play types and the company’s focus will be on working on large structural and / or […]

  • Vallourec lands largest single OCTG contract from ADNOC

    30 March 2016
    Business & Finance, Equipment

    Vallourec, a French provider of tubular solutions serving the energy market, has signed a contract with the Abu Dhabi National Oil Company (ADNOC) to supply OCTG during the 2016-2018 period ​to its three operating companies, ADMA-OPCO, ADCO, and ZADCO.  Vallourec noted that this was the first time that a tender has been organized to supply […]

  • Irish marine renewables R&D reviewed at MaREI symposium

    9 May 2016
    Research & Development, Technology

    Experts from across Ireland gathered at National University of Ireland (NUI) Galway last week for a symposium on ‘Research, Development and Innovation in Marine and Renewable Energy in Ireland’.

  • Cheniere to upsize Corpus Christi LNG financing to $6.4 bln

    20 April 2018

    Cheniere Energy engaged a group of financial institutions to assist in the structuring and arranging of up to $6.4 billion of credit facilities for its Corpus Christi LNG project.

  • Veresen: EFG option not valid for Jordan Cove LNG export terminal

    19 August 2014

    Veresen has been named as a respondent in an application commenced by Energy Fundamentals Group in the Ontario Superior Court of Justice in Toronto on August 14. In the application, EFG seeks a declaration that, pursuant to a letter agreement dated July 27, 2005 between EFG and Fort Chicago Energy Partners, the predecessor to Veresen, […]

  • BOEM: Who’s Interested in Building Offshore Wind Farms in Hawaii?

    23 June 2016
    Authorities & Government

    The U.S. Bureau of Ocean Energy Management (BOEM) yesterday issued a call for information and nominations for two areas off Hawaiian coast, identified for wind energy development. BOEM will gauge the offshore wind industry’s interest in acquiring commercial wind leases in the two areas, spanning approximately 485,000 acres of submerged lands in federal waters offshore Oahu. The Call for […]

  • DOE to Give USD 3.7M to Maine Aqua Ventus

    23 November 2015
    Authorities & Government, Business & Finance, Research & Development, Technology

    The New England Aqua Ventus I offshore wind project will get an additional $3.7 million from the U.S. Department of Energy (DOE). The University of Maine-led project, also known as Maine Aqua Ventus, will receive the funding to complete engineering and planning work, and approach financial close, in addition to $3 million awarded by DOE in September 2014 to advance the design to […]

  • Beatrice Completes Refinancing

    15 July 2019
    Business & Finance

    Beatrice Offshore Windfarm Ltd (BOWL), the owner of the 588MW Beatrice offshore wind farm, has achieved a financial close on a refinancing of its senior debt facilities. The refinancing comprises primarily commercial bank debt and also includes an institutional tranche. Several of the project’s original lenders have remained in the refinancing and the project has […]

  • WHOI-Led Group Gets $220M NFS Contract for Ocean Observatories Initiative

    20 September 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    The National Science Foundation (NSF) has awarded a coalition of academic and oceanographic research organizations a five-year, $220 million contract to operate and maintain the Ocean Observatories Initiative (OOI). The coalition, led by the Woods Hole Oceanographic Institution (WHOI), with direction from the NSF and guidance from the OOI Facilities Board, will include the University […]

  • OPT Announces 2Q 2012 Financial Results (USA)

    9 December 2011
    Business & Finance

    Ocean Power Technologies, Inc. (“OPT” or “the Company”) today announces financial results for its fiscal 2012 second quarter ended October 31, 2011. “We ended the second quarter of fiscal 2012 with further progress on PowerBuoy deployments, and a number of business development initiatives to commercialize our technology are currently underway,” said Charles F. Dunleavy, Chief […]

  • Thermal Insulation Becomes Paramount for Deepwater Developments

    13 May 2013
    Business & Finance, Research & Development

    Due to a continually rising demand for hydrocarbons, the exploration of offshore oil and gas has moved past shallow reservoirs to even greater depths. As such, deepwater subsea production systems must now go deeper and reach further than ever before in order to extract more oil and gas from harsher stores in new locations around […]

  • IHC Merwede Sets Sight on Future Expansion (The Netherlands)

    15 November 2011
    Business & Finance

    A decision has been made to maintain the current shareholder structure at IHC Merwede. The IHC Merwede Supervisory Board – in addition to all of the current shareholders – is comfortable with the financial strength of the company for the next year. With the support of JP Morgan and Rabobank M&A, IHC Merwede has carried […]

  • Canada: TSC Group Secures USD 29.2 Million Contract for Super M2 Jack-up Rig Package

    12 October 2011
    Business & Finance, Equipment

    TSC Group Holdings Limited secures a US$ 29.2 million contract for a Super M2 jack-up rig (300 ft) package from CIMC Raffles Shipyard. The deal comes with an option for another similar Super M2 jack-up rig package by the end of this year. TSC Group will design, engineer and provide an integrated drilling rig package […]

  • Sea Potential prepares DUO wave energy converter for testing

    3 November 2015
    Research & Development, Technology

    The Sea Potential team has been working closely with Fred Stern and the team at Iowa University in preparation for the 1:50 scale tank testing of its DUO WEC planned for December, 2015. The hull structures for the scaled model are complete and preparations for the integration of the PTO, sensors and data acquisition systems […]

  • New CFO Appointed at Rialto (Australia)

    2 August 2013
    Business & Finance

    The Board of Rialto announces the appointment of Andrew Rose as Interim Chief Financial Officer of the Company, effective 27 August 2013. Rose has extensive experience in the Oil & Gas industry having been CFO of both private and public E&P companies and prior to that enjoyed a successful career in Investment Banking. Andrew (aged […]

  • Governor wants permanent drilling ban offshore California

    14 December 2016

    California’s governor Edmund G. Brown is calling for the president Obama to use his powers and permanently ban oil exploration offshore California. The governor has asked the president to use the authority “under Section 12(a) of the Outer Continental Shelf Lands Act to permanently withdraw federal waters off the coast of California from new offshore […]

  • Oil prices dip on ongoing oversupply, economic headwinds

    25 July 2016

    By Henning Gloystein and Osamu Tsukimori SINGAPORE/TOKYO (Reuters) – Oil prices held near two-month lows on Monday amid worries that a global crude and refined product glut would weigh on markets for some time to come. International Brent crude oil futures <LCOc1> were trading at $45.51 per barrel at 0623 GMT, down 18 cents from […]