7660 results found for 'leni'

7660 results found for 'leni'
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  • BW Offshore’s financing plan gets bank support

    21 June 2016

    BW Offshore, an Oslo-listed provider of floating production vessels for the offshore oil and gas industry, has obtained support from banks for its long term financing plan. The company on Tuesday said it had received approvals from all of its lending banks to implement the plan introduced in May. To remind, BW Offshore in May said […]

  • India to invite bids for 67 discovered fields

    24 May 2016
    Business & Finance

    Indian Ministry of Petroleum and Natural Gas is set to launch a bidding round for 67 discovered small fields. In a statement on Thursday, the ministry said that “Discovered Small Field Bidding Round – 2016” will be launched on 25th May, 2016 in New Delhi. Under the bidding round, India is offering 67 discovered small fields in […]

  • Noble Energy enters into new $1.4B term loan agreement

    7 January 2016

    Noble Energy, a U. S.-based independent oil and gas company, has announced a series of transactions, consisting of a new term loan and cash tender offers for certain outstanding notes, which, according to the company, collectively enhance its financial flexibility. Noble Energy has entered into a new three-year term loan agreement with seven lending institutions […]

  • DryShips Sells 17 Bulkers, Rest of the Fleet Up for Grabs

    10 September 2015
    Business & Finance

    Owner of drybulk carriers DryShips Inc. has entered into firm sales agreements with entities controlled by the Company’s Chairman and Chief Executive Officer, George Economou, to sell 17 vessels. The 17 vessels, comprised of 13 Capesize and 4 Panamax bulk carriers, are being sold for an aggregate price of USD 377 million, DryShips said. The […]

  • Federal Circuit Court Vacates Lost Profits Award Against ION

    17 January 2019
    Business & Finance

    The Federal Circuit Court of Appeals in Washington, D.C. has again vacated the judgment that would have required ION to pay more than $93 million to WesternGeco for lost profits from surveys performed by ION’s customers outside of the United States.   According to ION, the Federal Circuit Court had the case on remand from the United States Supreme Court, which, in June, ordered […]

  • Chevron orders subsea equipment for Gorgon from Baker Hughes

    25 June 2018
    Equipment

    Chevron has hired Baker Hughes, a GE company for the supply of subsea production equipment, under a 15-year Master Service Order, with a second contract for well completion equipment.

  • HSH Nordbank’s Shipping Loan Losses Reach USD 221 Mn

    19 June 2017
    Business & Finance

    With persistent shipping woes, the German-based provider of shipping finance HSH Nordbank has seen its loan loss provisions increase in the first quarter of 2017. Namely, the bank’s loan losses amounted to EUR 198 million (USD 221.3 million) during the three-month period, significantly larger than EUR 62 million reported a year earlier, primarily related to the difficult […]

  • EBDG Takes Part in the Alaska Construction Career Days

    17 October 2013

    Elliott Bay Design Group (EBDG), a naval architecture and marine engineering firm based in Seattle with offices in New Orleans and Ketchikan, took part in the Alaska Construction Career Days & Maritime Trades on October 14th to foster enthusiasm for future careers in ship design and engineering. The firm, which opened its Alaska office in […]

  • CRP: Start of Marine Consent Submission Process (New Zealand)

    16 June 2014
    Business & Finance, Equipment, Technology

    Chatham Rock Phosphate Limited (CRP) said that the Environmental Protection Authority (EPA) has now publicly notified CRP’s marine consent application to mine phosphate nodules from the Chatham Rise in New Zealand’s Exclusive Economic Zone. The public notification in major daily newspapers means the submission period on CRP’s application has now opened and will conclude on […]

  • Top News of the Week, 13 – 19 November 2017

    19 November 2017
    Project & Tenders

    BiFab Crisis: Workers Rally at Scottish Parliament as Unions Urge SSE to ‘Rein In’ SHL The trade unions supporting BiFab workers have called on SSE to ‘rein in’ the contractor Seaway Heavy Lifting (SHL) and save 1,400 jobs in Fife and Lewis. On 16 November, SSE issued a statement saying that, as a 15% shareholder […]

  • Senators call for Trump administration to stay out of FERC’s Jordan Cove LNG deicision

    4 May 2017

    U.S. Senators Ron Wyden and Jeffrey Merkley sent a letter to the president Donald Trump, demanding the administration allows the Federal Energy Regulatory Commission to carry out the Jordan Cove LNG review “without political interference.”

  • IHC Asia Pacific Names New Product Director (Singapore)

    13 February 2013
    Business & Finance

    IHC Asia Pacific, the regional headquarters of IHC Merwede in Singapore, has announced the appointment of Francis Tang as Product Director for the Product Market Combination team responsible for global sales and marketing of service and support vessels. Currently Managing Director of the Singapore office of a major international ship design company, he has extensive […]

  • 25MW Nautilus Pilot Project Gets Red Light from New Jersey BPU

    19 December 2018
    Authorities & Government

    The New Jersey Board of Public Utilities (NJBPU) has unanimously voted to reject the proposal to install the 25MW Nautilus offshore wind demonstration project off the coast of Atlantic City.

  • U.S. and European giants deliver ‘excellent’ results despite the downturn in oil & gas prices

    3 May 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    BP, TotalEnergies, Eni, ExxonMobil and Chevron have revealed strong operating and financial performance in the first quarter of 2023.

  • Report: Total secures $14.4 billion Mozambique LNG financing

    21 May 2020
    Business & Finance, Business Developments & Projects

    French energy company and LNG player Total has reportedly secured $14.4 billion funding for its liquefied natural gas export project in Mozambique. The financing deal includes a group of around 20 lenders for the first phase of senior debt funding, Reuters reported on Thursday citing unidentified sources. The French company expects the financing to be […]

  • Aker Puts Money into Solstad

    7 June 2016
    Business & Finance, Operations & Maintenance

    Oslo-listed vessel owner Solstad has together with Norwegian industrial investment company Aker, and with support from its lending banks and bondholders, developed a financing plan which should strengthen its balance sheet. Namely, Aker will inject NOK 250 million in new equity and provide NOK 250 million in the form of a subordinated convertible bond, with maturity in 2021, […]

  • Red Light for £709M Shetland Subsea Link

    23 October 2019
    Business & Finance, Operations & Maintenance

    Energy regulator for Great Britain Ofgem said it is unable to approve a proposal by Scottish and Southern Energy Networks (SSEN) to build a 600MW subsea electricity transmission link from Shetland to mainland Scotland. For Shetland, the cable would connect planned wind farm projects on Shetland with mainland Scotland allowing them to export electricity to […]

  • EIB Supports Renewables Fund with EUR 75 Mln

    20 August 2015
    Authorities & Government, Business & Finance

    The European Investment Bank (EIB) is providing equity-type financing of up to EUR 75 million to Copenhagen Infrastructure Partners (CIP) to finance Copenhagen Infrastructure II, an infrastructure fund that is investing in large energy-related projects such as offshore wind, biomass and transmission schemes. The EIB said in a statement that the fund would primarily focus […]

  • France-Ireland interconnector project enters next stage

    21 July 2016
    Business & Finance, Research & Development, Technology

    Ireland’s state-owned company that manages and operates the transmission grid in the country EirGrid and its French counterpart Réseau de Transport d’Électricité (RTE) have launched the next stage of the Celtic Interconnector project in the presence of French and Irish top officials.

  • EIB Supports Construction of Lithuania LNG Terminal

    9 July 2013

    The European Investment Bank (EIB) is lending EUR 87 million to Klaipedos Nafta for the construction and operation of a new liquefied natural gas (LNG) import facility located in the port of Klaipeda. This investment is critical for Lithuania to diversify and secure its energy supply as well as provide backup in the event of gas […]

  • Hoegh LNG secures debt financing for tenth FSRU

    4 September 2018
    Vessels

    Norwegian FSRU giant Höegh LNG said on Tuesday it has received commitment letter for a sale and leaseback financing for its tenth FSRU of up to $206 million. The company’s tenth floating storage and regasification unit or FSRU is currently under construction at Samsung Heavy Industries in South Korea, and is scheduled for delivery in the […]

  • Bechtel brings UAS tech into construction processes

    7 April 2015

    Bechtel said it has been granted permission for commercial use of unmanned aircraft system technology by the United States Federal Aviation Administration.

  • GNMTC: Captain, Crew Forced Off Libyan Oil Tanker in Bulgaria

    24 December 2018
    Business & Finance

    The captain and crew members of the crude oil tanker MT Badr were forced to disembark their ship in Bulgaria.

  • Iran frees crew of arrested South Korean tanker

    3 February 2021
    Authorities & Government, Vessels

    Iranian authorities have released the crew of Hankuk Chemi, a South Korean tanker seized due to “environmental pollution” off Oman a month ago.

  • SAAM Towage’s electric tugs pass sea acceptance trials

    3 November 2023
    Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Ports & Logistics, Transition, Vessels

    The first electric tugs in SAAM Towage’s fleet, built by the Turkish shipyard Sanmar, passed the final sea acceptance trials and bollard pull tests in Istanbul’s Tuzla Bay, Chile-based tug provider said. At full capacity, the new ElectRA 2300SX units, designed by Canada-based Robert Allan Ltd., are expected to reduce their annual greenhouse gas emissions by […]