5789 results found for 'matuku'

5789 results found for 'matuku'
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  • Seaspan inks $200 million sustainability-linked loan

    16 October 2020
    Business & Finance, Transition

    Hong Kong-based containership operator Seaspan Corporation has closed a $200 million sustainability-linked loan inspired by the Poseidon Principles framework. The voluntary framework developed by the banking sector aims to accelerate the implementation of the shipping sector’s green agenda in line with the International Maritime Organization’s (IMO) 2050 decarbonization targets. The $200 million term loan has a […]

  • Ampelmann to provide two gangways to Shell

    19 August 2020
    Business & Finance, Business Developments & Projects, Technology

    Dutch offshore access provider Ampelmann has signed a three-year contract with a subsidiary of oil major Shell for work in Asia Pacific.

  • BP Gets Nod for Vorlich Development in North Sea

    27 September 2018
    Operations & Maintenance, Research & Development

    BP has received UK government approval to proceed with the Vorlich development in the central North Sea, targeting 30 million barrels of oil equivalent and expected to produce 20,000 barrels gross a day at peak. The £200 million project is part of a programme of North Sea subsea tie-backs that will deliver new production from […]

  • Oceanteam Strikes Deal with Bond Holders

    11 January 2017
    Business & Finance, Operations & Maintenance

    Norwegian-Dutch offshore service provider, Oceanteam, said it has reached an understanding with its bond holders on the main terms of the bond loan. Namely, the company has been in constructive talks with its banks and its bond holders since its financial restructuring announcement in October 2016. “We expect to need another few weeks to finalize […]

  • Hall Contracting Ready for Tokelau Project

    17 May 2018
    Business & Finance

    Hall Contracting was contracted recently by the Government of Tokelau to upgrade reef passages and construct four new wharves in the remote island nation of Tokelau. The works – which will see Tokelauan locals benefit from safer and more reliable ship-to-shore operations – are expected to begin this month and conclude in November 2019. Hall […]

  • Ardyne Enters P&A Market, Acquires Wellbore

    8 February 2016
    Business & Finance, Equipment, Operations & Maintenance

    New oilfield services company Ardyne has been launched with £50 million backing from O&G-focused private equity company, Lime Rock Partners. Aberdeen-based, Ardyne will specialize in the provision of downhole products and services for plug and abandonment (P&A) and slot recovery operations in the oil and gas sector. In addition, Ardyne has acquired Wellbore AS, a […]

  • CGG Starts Re-Imaging of Cornerstone Multi-Client Dataset

    4 September 2013
    Business & Finance, Operations & Maintenance

    CGG announced that it has started the re-imaging of its entire Cornerstone multi-client dataset to create a 35,000-km2 contiguous broadband PSDM volume, covering the Central North Sea. The existing conventional north-south long-offset data will be reprocessed with a deghosting technique to produce an extended-bandwidth dataset as a complement to the growing BroadSeisTM true broadband east-west […]

  • Atlantis Launches GBP 7 Million Bond

    6 August 2019
    Business & Finance

    SIMEC Atlantis Energy has, through Abundance Investment, launched a proposed five-year bond offer maturing 2024. The bond offer seeks to raise a maximum of £7 million, and is expected to close on or before October 31, 2019, with the extension option by up to three months at the company’s discretion. Subject to completion of the […]

  • CGG to Offer Central North Sea PSDM Data

    4 September 2013
    Business & Finance

    CGG announced today that it has started the re-imaging of its entire Cornerstone multi-client dataset to create a 35,000-km2 contiguous broadband PSDM volume, covering the Central North Sea. The existing conventional north-south long-offset data will be reprocessed with a deghosting technique to produce an extended-bandwidth dataset as a complement to the growing BroadSeisTM true broadband […]

  • NPD: Norwegian Sea Could Store 5.5 Gigatonnes of CO2

    28 January 2013
    Business & Finance, Research & Development

    The Norwegian Sea may be able to store 5.5 gigatonnes of carbon dioxide, according to the NPD’s new storage atlas. This is more than 100 times Norway’s total CO2 discharge last year. The mapping is a follow-up on the atlas from 2011 for the Norwegian part of the North Sea, which was estimated to be […]

  • NAT Experiences Strongest Year Ever

    8 February 2016
    Business & Finance

    In the fourth quarter of 2015 Nordic American Tankers (NAT) profited from a strong tanker market which pushed the company’s operating cash flow by 16 percent. Due to a cash breakeven rate below USD 12,000 per day per ship and a growing NAT Suezmax fleet, the fourth quarter operating cash flow was at USD 57.2 million, compared to USD 24.5 million a year […]

  • Baltic Trading Limited Secures USD 148 Mln Loan

    8 January 2015
    Business & Finance

    Marshall Islands drybulk company Baltic Trading Limited has entered into a new credit agreement with Nordea Bank Finland plc and Skandinaviska Enskilda Banken AB for a USD 148 million senior secured credit facility. The new five-year credit facility is comprised of a USD 115 million revolving credit facility and a USD 33 million term loan facility. The USD 115 million revolving […]

  • BG Group to Fund Australia and Brazil Projects with Fresh Money

    19 June 2012
    Business & Finance

    BG Group today issued hybrid bonds totalling US$1.57 billion, another step in the execution of its approved funding plan to support the company’s investment programme. The bonds, which comprise tranches of £600 million and €500 million, mature in 2072. The bonds are long-dated, subordinated securities which are treated partially as equity by credit rating agencies, […]

  • Maersk Line Revamping Its Asia-North Europe Trade

    30 May 2016
    Business & Finance

    Danish container shipping company Maersk Line is making improvements to its network between Asia and North Europe, the world’s largest trade lane, by deploying its large container vessels across its five Asia – North Europe services in the network. The company said that it has drawn on experience from the first year of operations of the 2M alliance when adjusting […]

  • Tullow expands its oil & gas portfolio in Côte d’Ivoire

    14 December 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Tullow Oil has added a new license in Côte d’Ivoire to its asset portfolio, following the inking of a PSC for this offshore license.

  • Petronas bolsters ties with Japan to work toward carbon neutrality

    28 September 2022
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development, Transition

    Malaysia’s national energy company Petronas has signed a memorandum of cooperation (MoC) with the Ministry of Economy, Trade and Industry of Japan (METI) as well as a memorandum of understanding (MoU) with Japan Bank for International Cooperation (JBIC). The parties signed the documents on 26 September 2022 on the sidelines of the Asia Green Growth […]

  • EC launches €3 bln call for clean tech projects to deliver on REPowerEU and end dependence on Russian fossil fuels

    4 November 2022
    Business Developments & Projects, Carbon Capture Usage & Storage, Project & Tenders

    European Commission (EC) has launched the third call for large-scale clean technology projects with a budget of €3 billion to boost the deployment of industrial solutions to decarbonise Europe. The call was opened under the EU Innovation Fund, a funding programme for the demonstration and commercialisation of innovative low-carbon technologies. With this call, EC focuses […]

  • Valaris undertakes $400 million private placement to fund acquisition of two drillships

    8 August 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Valaris revealed a pricing of $400 million upsized private placement of additional 8.375 per cent senior secured second lien notes due 2030.

  • Technip Energies invests in cleantech fund to boost path toward net zero

    13 July 2023
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Transition, Vision

    Engineering and technology company Technip Energies has invested in Evok Innovation’s Fund II, a cleantech fund that invests in and supports hard-tech development and focuses on next-generation sectors such as low-carbon hydrogen, carbon capture and removal, electrification and critical minerals. According to Technip, Evok specifically focuses on expediting the advancement of critical energy-transition technologies and […]

  • QatarEnergy awards seven LNG carrier contracts to four companies

    10 August 2022
    Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Vessels

    MISC Berhad, NYK, K Line and CLNG have been awarded long-term time charter contracts by QatarEnergy for seven newbuild liquefied natural gas (LNG) carriers.

  • Italy: RINA Group Launches Cruise Ship Centre of Excellence

    11 March 2013
    Business & Finance

    International classification society RINA Group has grouped all its experts on cruise vessels under a new Cruise Ships Centre of Excellence. The aim is to deliver improved service to operators, designers and builders of cruise vessels, and to foster innovation in new services internally. Paolo Moretti, General Manager, Business Line Marine, RINA Group, says, “We […]

  • OpenHydro eyes Indonesian tides

    9 November 2016
    Business & Finance, Research & Development, Technology

    OpenHydro, a DCNS company, and Indonesian marine renewable energy developer PT AIR have signed a memorandum of understanding aimed at driving forward the development of a tidal energy industry in Indonesia.

  • The Netherlands: Heiko Ross from Windreich on EWEA’s Conference

    23 November 2011

    This time next week Amsterdam will be a hive of activity for anyone interested in the offshore wind energy sector. EWEA spoke to Heiko Ross from Windreich to uncover what he thinks will be the hot topics at his session at EWEA’s OFFSHORE 2011 conference…  Why is offshore wind energy expensive compared to onshore wind […]

  • Switzerland: ABB Reports Solid Fourth Quarter Results

    16 February 2012
    Business & Finance, Operations & Maintenance

    ABB reported an increase in profitability in the fourth quarter of 2011 on a combination of strong revenue growth and cost savings. For 2011, the company reached $40 billion in orders for the first time ever and reported record revenues of $38 billion. Operational EBITDA, the measure of profitability tracked by management, rose 18 percent […]

  • ASC and Partners to Compete for RAN’s Combat Support Ships

    9 October 2013
    Business & Finance

    ASC and its partners have welcomed the opportunity to compete for SEA 1654 Phase 3 – Combat Support ships. ASC’s Aegir 18A proposal would see work allocated to shipyards across Australia including Williamstown, Victoria; Newcastle, New South Wales; and Osborne, South Australia. Speaking from the 2013 Pacific International Maritime Exhibition at Darling Harbour on Tuesday, […]