5759 results found for 'matuku'

5759 results found for 'matuku'
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  • China: JES Responds to SGX Query on Unaudited Financial Results

    24 November 2011

    JES International, Chinese shipbuilder, responded to SGX query on the unaudited financial results for the third quarter saying that its cashflow is sufficient to meet short term lending repayments. SGX Query addressed to JES said “The Company has Cash and Cash Equivalents of approximately RMB 554.6 million as at 30 September 2011. The Company also […]

  • Greece: Paragon Shipping Inks New Credit Facility, Amends Previous One

    21 May 2013
    Business & Finance

      Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced yesterday that it has signed an agreement for a $69 million credit facility with China Development Bank to partially finance its two 4,800 TEU containerships currently under construction, that are expected to be delivered in the second quarter of 2014. The […]

  • River Barrow Dredging Completed (Ireland)

    18 April 2012

    The Asian clam (Corbicula fluminea) is a most unwelcome addition to the fauna of the lower River Barrow. This bivalve mollusc is regarded as one of the most notorious aquatic invasive species in the world. The Asian clam was first recorded in the river downstream of St Mullin’s in April 2010 and subsequent studies conducted […]

  • Hurricane Energy restarts production at Lancaster following FPSO maintenance

    28 July 2021
    Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders

    UK oil and gas company Hurricane Energy has resumed production operations from its Lancaster field following an annual maintenance shutdown on the Aoka Mizu FPSO.

  • Vantage Drilling Q2 Profit Up

    5 August 2014
    Business & Finance, Operations & Maintenance

    Vantage Drilling Company has reported net income for the three months ended June 30, 2014 of $15.1 million or $0.05 per diluted share, excluding charges for the early retirement of debt and a revision to the tax provision, as compared to earnings of $4.2 million or $0.01 per diluted share for the three months ended […]

  • BP Engeneer to Talk About EOR at SPE Aberdeen

    21 April 2014
    Business & Finance, Operations & Maintenance

    BP’s Discipline Lead Reservoir Engineer, Euan Duncan, will address SPE Aberdeen’s members and the wider public on 23 April, at a presentation covering how EOR (enhanced oil recovery) works and the opportunities this technology presents when conditions are right. Duncan will discuss the BP North Sea EOR programme and lessons learned from water-alternating gas projects in the […]

  • Offshore Compression Project for Ormen Lange Postponed

    11 April 2014
    Business & Finance, Research & Development

    The Ormen Lange Licence has decided to postpone the Offshore Compression Project for Ormen Lange, and stop the ongoing concept select work. The licence has been working towards a concept select decision for offshore compression, either a subsea compression solution or a tension leg platform solution for Ormen Lange since 2008. “ The decision is […]

  • Statoil Starts Martin Drilling in Gulf of Mexico

    7 May 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Statoil announced that it has started its latest Gulf of Mexico exploration campaign. It started drilling Martin, a high-impact prospect, on 20 April. “We consider Martin one of the top prospects in our global portfolio,” says Jez Averty, senior vice president of exploration for Statoil in North America. “Since acquiring this prospect in 2012, we’ve […]

  • Lloyd’s Register Supports DONG Energy US Offshore Wind Campaign

    19 May 2017
    Business & Finance, Operations & Maintenance, Project & Tenders, Research & Development

    Lloyd’s Register has used its specialist expertise in its Maine-based subsidiary, SGC Engineering, to support DONG Energy on its evaluation phase of the Bay State project with its offshore site and export cable route geophysical and hydrographic surveys. DONG Energy has recently secured two leases in the United States – Bay State and Ocean Wind, off […]

  • 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, […]

  • Huawei Exhibits 100G Subsea Solution in Africa

    13 February 2015
    Business & Finance, Equipment

    Huawei, and Huawei Marine, a submarine cable network provider, has presented its Super 100G solution at WDM & Next Generation Optical Networking Africa which is held in Capetown. Huawei says that this solution includes high-integrated 100G, metro 100G and submarine 100G capabilities, and it will provide the best cost efficient super 100G solution for operators, […]

  • Global Decommissioning Backlog Fuels Record Attendance at D&A Summit

    23 January 2014
    Business & Finance

    Maturing offshore oil and gas fields around the world and the looming prospect of asset retirement have resulted in a 65% increase in registrations at the biggest decommissioning and abandonment gathering in the world, organizers say. More than 350 attendees are confirmed to date at the event taking place in Houston in March, 65% up […]

  • UK: Fairfield Invests in Dunlin Upgrades

    9 October 2012
    Business & Finance, Operations & Maintenance

    Fairfield Energy Limited, the private, North Sea-focused independent oil and gas company, has invested £70 million in improvements at its Dunlin platform to help increase and sustain production. This is part of a number of developments reinforcing the operator’s commitment to Dunlin and the wider North Sea. The new fuel gas import system and modified […]

  • Otto gets approval for two-year moratorium in Palawan Basin

    17 June 2016
    Project & Tenders

    Otto Energy has received approval from the Philippines Department of Energy for a two-year moratorium, until December 23, 2017, on required work activity under Service Contract 55 (SC 55), offshore Palawan Basin in the Philippines. Otto Energy informed in January 2016 of its plans to exit the Block SC 55 as part of a strategy to focus […]

  • UK subsea suppliers set sights on Asia

    23 November 2015

    The potential for British expertise in the subsea hubs of Indonesia, Singapore and Malaysia will be explored at the fifth annual Subsea Asia conference this week, the organizers have said. The event, which takes place at the Dharmawangsa Jakarta Hotel, Indonesia on Tuesday, November 24 is organized Subsea UK, the industry body representing UK subsea […]

  • ConocoPhillips starts Eldfisk II drilling

    23 October 2014
    Exploration & Production, Project & Tenders

    An important milestone has been passed for the Eldfisk II project, ConocoPhillips has informed. In October the jack-up rig Mærsk Innovator started drilling activities on Eldfisk 2/7 S, in the North Sea, offshore Norway. There are a total of 40 well slots on the new integrated platform Eldfisk 2/7 S. Five wells have been pre-drilled, […]

  • Olympic gets more time to complete restructuring

    26 December 2016
    Business & Finance

    After getting support for a financial restructuring from key stakeholders, the Norwegian offshore vessel owner Olympic Ship has been granted an extended stand-still to complete the process.  Olympic said on Saturday that, in order to provide further time to conclude and complete the restructuring, the company has been granted an extended stand-still from the secured lenders […]

  • Tullow shares rise on debt capacity news

    1 October 2015

    Tullow Oil, an independent, London-listed, oil and gas exploration and production company, saw its shares rise eight percent on Thursday, after it announced its available debt capacity remained unchanged at $3.7 billion following a routine half-year review with the lenders. The company’s shares were at 169 pence Thursday afternoon. The oil firm boasted that the […]

  • Hess closes Equatorial Guinea deal

    29 November 2017
    Project & Tenders

    Hess Corporation has completed the sale of its interests offshore Equatorial Guinea to Kosmos Energy and Trident Energy.

  • Shell drops Ormen Lange subsea compression project

    11 April 2014
    Equipment, Project & Tenders

    The Ormen Lange partners have decided to postpone the Offshore Compression Project for Ormen Lange field, and stop the ongoing concept select work. The partners have been working towards a concept select decision for offshore compression, either a subsea compression solution or a tension leg platform solution for the Shell-operated Ormen Lange field the southern part of […]

  • PGS to Extend Options for Two Ramforms with MHI, Japan

    16 April 2012
    Business & Finance

    In April 2011, Petroleum Geo-Services ASA (PGS) signed two shipbuilding contracts with Mitsubishi Heavy Industries Ltd. for the delivery of two Ramform vessels in 2013, with the option for one or two additional vessels to be delivered in 2015. The parties have now agreed to extend the exercise period for the options with six months. […]

  • SFL Acquires Two Post-Panamax Container Vessels

    11 March 2014
    Business & Finance

    Ship Finance International Limited (SFL) today entered into an agreement to acquire two 5,800 teu post-panamax container vessels built in 2001/2002 in combination with long-term charters. The vessels are expected to be delivered to SFL over the course of the next few weeks, and the annual EBITDA contribution is estimated to be approximately $5.5 million […]

  • APSI Commitment for USD 65 Million Term Loan Expires

    20 January 2014
    Business & Finance

    Aker Philadelphia Shipyard ASA announced today that the commitment letter between its wholly owned U.S. subsidiary, Aker Philadelphia Shipyard, Inc. (APSI) and a group of private lenders that was announced on 14 November 2013 has expired. This commitment had been for a secured term loan of $65 million with a variable interest rate of LIBOR […]

  • WES launches GBP 7 mln power take-off systems R&D call

    19 March 2015
    Authorities & Government, Business & Finance, Research & Development, Technology

    Wave Energy Scotland (WES) has launched its first GBP 7 mln international technology innovation competition. WES has issued a competitive project call for innovative power take-off (PTO) systems. Applications are invited from innovative technology developers who require investment to advance their technology through rigorous testing and, in time, towards commercialization. Successful applicants will be eligible […]

  • GL Group Announces 11th Hamburg Offshore Wind Conference (Germany)

    30 January 2013

    German offshore wind projects – the current accomplishments, technical challenges and future opportunities, these topics and many others surrounding them will be discussed at GL Garrad Hassan’s 11th Hamburg Offshore Wind Conference (HOW) on 20-21 February 2013. The conference invites developers, manufacturers, and operators of wind turbines, engineering consultants, investors, energy companies, as well as […]