5822 results found for 'matuku'

5822 results found for 'matuku'
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  • ONE dips further into Southeast Asia with Indonesian terminal acquisition

    29 November 2024
    Business & Finance, Business Developments & Projects

    In a bid to “bolster” its presence in Southeast Asia, Singapore-based shipping major Ocean Network Express (ONE) has acquired a minority stake in New Priok Container Terminal One (NPCT1) in Indonesia’s capital city of Jakarta. As informed, the NPCT1—built in 2016 as part of efforts to expand the Tanjung Priok port—is a terminal of ‘particular […]

  • BW LPG Inks Term Sheet for New USD 150 Mn Loan

    23 November 2017
    Business & Finance

    Owner and operator of LPG vessels BW LPG is in the documentation stage for the refinancing of its existing USD 150 million unsecured revolving credit facility maturing in March 2018.  Namely, the company signed a committed term sheet for the new USD 150 million, five-year senior secured term loan on November 8. The move has been announced in the company’s financial […]

  • Odfjell Hires Four Chemical Tanker Newbuilds, Forms Tanker Pool with Sinochem

    14 November 2017
    Business & Finance

     Norwegian shipping and tank terminal company Odfjell SE has signed a framework agreement with Sinochem Shipping Singapore whereby Odfjell will take four newbuilding 40,900 dwt chemical tankers on long-term bareboat charters. The bareboat charters include purchase options at the end of the charter period. The four ships are part of a total newbuilding order of eight chemical tankers. […]

  • GOGL to Buy Capesize Duo, Terminate Waiver Restrictions

    17 October 2017
    Business & Finance

    Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL) has reached and agreement to purchase two modern Capesize vessels from affiliates of Hemen Holding Limited. The ships would be bought from the company, indirectely controlled by trusts established by John Fredriksen, at a price of USD 43 million per unit. “We are pleased to be in the […]

  • USA: Statoil Secures 26 New Leases in Gulf of Mexico

    21 June 2012
    Business & Finance

    Statoil was the high bidder on 26 leases in the first lease sale in the Central Gulf of Mexico since March of 2010. With the addition, Statoil will control more than 350 leases in the Gulf of Mexico, further securing its significant leaseholder position “We are very pleased with today’s outcome,” says Erik Finnstrom, senior […]

  • STATS Group Appoints Chris Lilley as Business Development Manager in Singapore

    11 March 2011

      Pipeline engineering specialist, STATS Group, is expanding in to the Asia Pacific region with the appointment of Chris Lilley as business development manager in Singapore. The Aberdeen isolation and intervention technology company has recently secured a number of key contracts in Asia and believes clients in the region will account for around 30% of […]

  • DNV GL Works on Reducing Offshore Wind Costs by 25%

    25 September 2014
    Business & Finance, Research & Development

    DNV GL, the world’s largest resource of independent energy experts today share the findings of its latest report “Offshore wind: a manifesto for cost reduction” at WindEnergy Hamburg 2014. Industry action on reducing offshore wind costs is widely regarded as essential to secure the future of this strategically important energy source in Northern Europe as […]

  • Floating Wind Energy Cost Could Fall below £85/MWh by 2020s

    10 July 2014
    Research & Development

    An engineering design study for the Energy Technologies Institute (ETI) by The Glosten Associates, using their innovative tension leg floating platform (TLP) for Offshore Wind demonstrator has shown that UK offshore wind energy costs could fall to below £85/MWh by the mid-2020s, with further reductions possible as the technology matures. The floating platform is designed […]

  • Milbank Represents Lenders in USD 150 Mil Financing of OSV Olympia

    31 January 2014
    Business & Finance

    Milbank, Tweed, Hadley & McCloy LLP has represented international lenders Mizuho Bank, Ltd. and Itaú BBA International plc in providing approximately $150 million in financing for the purchase of an innovative compact semi-submersible multi-service vessel destined for Brazil’s most productive offshore oil and gas location. The support unit, named Olympia, represents a ground breaking new […]

  • US Navy Announces Launch of First Egyptian Navy Fast Missile Craft

    21 October 2011

      The U.S. Navy announced the launch of the first Egyptian Navy Fast Missile Craft (FMC) from VT Halter Marine’s Pascagoula, Miss., shipyard, Oct. 20, marking a key milestone in the ship’s construction process. The primary mission of the FMC is to conduct independent and joint operations, primarily against armed surface adversaries. The Egyptian Navy […]

  • Sterling, Pura Vida Ink Farm-Out Agreement

    1 November 2013
    Business & Finance, Operations & Maintenance, Project & Tenders, Research & Development

    Sterling Energy Plc, the AIM listed independent oil & gas exploration and production company, announced today that its wholly owned subsidiary, Sterling Energy (UK) Limited, has signed a Farm-out Agreement for the Production Sharing Contract of the Ambilobe Block, located offshore Madagascar, with Pura Vida Mauritius. Sterling currently holds a 100% interest in, and is […]

  • Rystad: 2019 shaping up to be Norway’s best exploration year since 2014

    6 November 2019

    Equinor on Wednesday announced an oil and gas discovery near the Fram field in the North Sea off Norway. Energy intelligence firm Rystad Energy has said that this has been the best year for discoveries on the Norwegian Continental Shelf since 2014. 

  • STATS Group Appoints Chris Lilley as Business Development Manager (Singapore)

    11 March 2011
    Business & Finance, Research & Development

      Pipeline engineering specialist, STATS Group, is expanding in to the Asia Pacific region with the appointment of Chris Lilley as business development manager in Singapore. The Aberdeen isolation and intervention technology company has recently secured a number of key contracts in Asia and believes clients in the region will account for around 30% of […]

  • Blue Logic, WPC Get Funds for ‘Subsea USB’ Project

    9 June 2015
    Business & Finance, Equipment, Project & Tenders, Research & Development

    Norway’s Blue Logic has secured a strategic R&D project with Innovation Norway and a major global service provider. The N0K 12 million industrial research and development contract is based on Blue Logic’s track record in producing inductive subsea connectors. Blue Logic worked together with WPC in Kristiansand to mature the core technology and to find a partner with the […]

  • Statoil: Johan Castberg Development Put Off

    5 June 2013

    Statoil as operator has recommended a delay of the investment decision for the Johan Castberg project in the Norwegian Barents Sea. Statoil has continued to mature the resource base and development plans for the project. There are still uncertainties related to the resource estimate and investment level. “In addition, the Norwegian government has recently proposed […]

  • Rockhopper, Premier Complete Farm-Out Agreement (Falkland Islands)

    19 October 2012
    Business & Finance

    Rockhopper, the North Falkland Basin oil and gas exploration company, has announced the completion of the farm-out agreement with Premier Oil plc. Premier has agreed to pay Rockhopper an upfront cash consideration of US$231 million, payable on completion of the transaction. Furthermore, Premier will, subject to field development plan approval, provide $722 million. Upon receipt […]

  • Financial Troubles Push DryShips to Offer Shares

    9 June 2016
    Business & Finance

    After its shares plunged on Tuesday due to defaulting on three loan payments, the Athens-based owner of drybulk carriers and offshore support vessels DryShips Inc. entered into an agreement with an institutional investor for the sale of 5,000 newly designated Series C convertible preferred shares. The deal between the parties also includes warrants to purchase 5,000 Series C convertible […]

  • Maersk to Pilot Battery System on 4,500 TEU Boxship

    6 November 2019
    Business & Finance

    A containerized 600 kWh marine battery system will be installed on board the 4,500 TEU Maersk Cape Town.

  • Soco secures lender support for future acquisitions

    17 September 2018

    Soco International, an oil and gas exploration and production company, has signed a new $125 million reserve based lending facility.

  • Sabella troubleshoots D10 ahead of three-year deployment

    6 October 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    French tidal energy developer Sabella is making progress on the optimization of its D10 tidal turbine ahead of the upcoming three-year deployment in the Fromveur Passage, off the French island of Ushant.

  • Industry players launch Australian tidal and wave taskforce

    23 August 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Nine tidal and wave energy companies have joined forces to launch a new taskforce set to accelerate the commercialization of marine renewable energy technologies in Australia.

  • Finland: NAPA Provides Technology for BOURBON’s Vessels

    3 December 2012

    NAPA Group, the leading software house for ship design and operations, today announced the ongoing success of its contract with BOURBON, a leader in offshore oil and gas marine services, to provide loading computers for 55 of its offshore support vessels (OSV). The latest software will enable BOURBON to improve safe loading and unloading with […]

  • EKF: Race for Investments into Wind Heating Up

    21 April 2016
    Authorities & Government, Business & Finance

    A large number of international banks and investors have emerged from the financial crisis and are now offering venture capital for green investments such as offshore wind, a healthy and positive sign reflecting a more mature market, but the one that places new demands on early investors, Denmark’s export credit agency EKF said in its Annual […]

  • Offshore Wind Powered Oil Recovery Concept Step Closer to Reality

    19 April 2017
    Research & Development, Technology

    The DNV GL-led joint industry project, WIN WIN (WINd powered Water INjection), has completed its first phase and determined that wind power could be used to power offshore water injection.

  • PGS launches Southern North Sea seismic data reprocessing program

    21 April 2022
    Business Developments & Projects, Carbon Capture Usage & Storage

    Norwegian seismic company PGS is kicking off the Southern North Sea (SNS) Vision data rejuvenation project targeting a mature gas province in the central SNS area.