5752 results found for 'matuku'

5752 results found for 'matuku'
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  • Seadrill adjusts credit facility

    15 August 2017
    Business & Finance

    Cash-strapped offshore driller Seadrill has amended the term credit facility provided to its subsidiary Seadrill Eminence Ltd. to mature on September 14, 2017, thus getting more time for restructuring plan talks with its banks.  The driller, which has been in talks with creditors for months, said on Tuesday that the amendment was implemented by way […]

  • Teekay LNG Raises USD 100 Mn from Bond Issuance

    23 August 2018
    Business & Finance

    Teekay LNG Partners L.P. has collected around USD 100 million from the issuance of NOK 850 million of bonds.

  • Halliburton Opens Center for Technology and Innovation in Brazil

    12 June 2013
    Business & Finance, Research & Development

    Halliburton announced the opening of its new Technology Center at the Federal University of Rio de Janeiro (UFRJ) Technology Park, located at Ilha do Fundão, Rio de Janeiro, Brazil. The center provides the setting for collaboration as the Company works with the country’s leading universities and customer research groups to establish a global center of […]

  • APA 2013 Licensing Round on Norwegian Continental Shelf Announced

    15 February 2013
    Business & Finance, Research & Development

      Today, the Ministry of Petroleum and Energy is announcing this year’s licensing round for mature areas on the Norwegian continental shelf – Awards in Predefined Areas (APA) 2013. The aim is to award new production licences in the announced areas at the beginning of 2014. “I am very pleased to announce this year’s licensing […]

  • UK oil & gas firm gleans more insight into Namibian asset’s hydrocarbon prospectivity

    16 June 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance, Project & Tenders

    Tower Resources has undertaken a basin and thermal maturity study within its operated license PEL 96 in Namibia.

  • US $500 million for new Ocean Rig units

    14 April 2011

    Ocean Rig’s parent company Dryships has signalled the issue of a new bond loan which will provide cash for further rig building. Athens-based Dryships has indicated that the new US $500 million bond loan which is being offered to Norwegian institutional investors will mature in 2016

  • Grieg Star Wraps Up USD 400 Mn Refinancing

    16 June 2016
    Business & Finance

    Norway-based shipping company Grieg Star has completed a USD 400 million senior debt refinancing involving extended maturities for the financing of 23 vessels in the fleet. Loans with original expiry set for 2017/2018 were extended for five or more years with new expiry being 2021 or beyond. The refinancing was completed with five European banks. […]

  • Havila Shipping Contemplates New Bond Issue for Financing Havila Subsea Vessel (Norway)

    10 March 2011
    Business & Finance, Research & Development

      Havila Shipping ASA is contemplating a new secured bond issue with maturity in March 2017. The bond loan will be NOK 600 million. The net proceeds from the bond issue will be directed towards long term financing of the vessel Havila Subsea. DnBNOR Markets and Pareto Securities are retained as managers of the contemplated […]

  • Gener8 Maritime Takes USD 60 Million Loan to Fund VLCC Newbuilding

    28 October 2015
    Business & Finance

    New York-headquartered crude oil shipping company Gener8 Maritime has entered into a USD 60.2 million term loan facility with Citibank to fund a portion of the remaining installment payments due under the shipbuilding contract for one very large crude carrier (VLCC) newbuilding. The VLCC in question is the 333-meter Gener8 Strength, currently under construction at Shanghai […]

  • Helix Inks $250M Credit Deal

    6 July 2017
    Business & Finance

    Helix Energy Solutions has entered into an amended and restated credit agreement with a syndicated bank lending group in the amount of $250 million, consisting of a $150 million revolving credit facility and a $100 million term loan. The proceeds from the term loan as well as cash on hand were used to repay the […]

  • Ophir signs new $250M facility to refinance debt

    21 June 2017
    Business & Finance

    UK-based oil and gas company Ophir Energy has signed a new $250 million reserve based lending facility (RBL) secured against the group’s producing assets in Southeast Asia. Ophir has a combination of production, development and exploration assets in Asia. In Thailand, Ophir has both oil and gas production and exploration. In Indonesia, Ophir has an onshore […]

  • Spain: Gas Natural Fenosa Closes Bond Issue

    14 October 2013

    Gas Natural Fenosa closed a bonds issue for an amount of 500 million euros with maturity in April 2021. This issue was established with an annual coupon of 3,5% and a new bond issue price of 99.82% of par value. Demand exceeded 2.3 billion euros, with 250 orders from a wide range of institutional investors, which […]

  • Seadrill Limited Sells West Auriga Drillship to Seadrill Partners LLC

    12 March 2014
    Business & Finance

    Seadrill Limited reached an agreement with Seadrill Partners to which the Company will sell all of the ownership interests in the entities that own and operate the West Auriga drillship. The Auriga Acquisition, which is expected to close within 30 days, will be accomplished through a series of purchases, contributions and assumptions of debt and […]

  • Ocean Yield Buys Share in Quantum Pacific’s Mega Boxships

    21 June 2016
    Business & Finance

    Norwegian ship-owner Ocean Yield ASA has agreed to acquire a 49.5% equity interest in six newbuilding container vessels which are owned by a private shipowner Quantum Pacific Shipping, a part of Quantum Pacific Group, and are on 15-year bareboat charters to a major European container line. The vessels, with capacity of about 19,500 TEU, are […]

  • Gas Natural Fenosa of Spain Closes Bond Issue

    12 September 2012

    Gas Natural Fenosa of Spain said it has closed a bonds issue on the Euromarket for 800 million euros, maturing in 2020. This issue was established with an annual coupon of 6% and a new bond issue price of 99.455% of par value. Demand surpassed 4.6 million euros from a wide range of institutional investors, […]

  • Rolls-Royce to deliver LNG engine for Balearia’s ferry

    20 February 2015
    Equipment, Project & Tenders, Vessels

    Rolls-Royce said it has signed a collaboration agreement with Gas Natural Fenosa to develop and install a pure-gas Bergen engine aboard the Baleària-operated ferry Abel Matutes.

  • Bass Strait: More time to prepare for Gippsland Basin drilling (Australia)

    30 October 2015

    Bass Strait Oil Company Limited has been given more time by the National Offshore Petroleum Titles Administrator (NOPTA) to mature the prospect before drilling its operated Vic/P41 permit, located in the Gippsland Basin, offshore Australia.  The work program has been varied to delay the required drilling of an exploration well by one year, to November 28, […]

  • Creditor calls for ‘transparent responses’ over ‘unclear details’ of Premier’s North Sea deal

    24 January 2020
    Business & Finance

    Premier Oil’s largest creditor, ARCM, has raised new concerns regarding Premier’s proposed acquisition of North Sea assets from BP and Dana Petroleum. 

  • Transocean’s subsidiary sued over breach of bond indenture

    8 December 2017
    Business & Finance, Exploration & Production

    Offshore driller Transocean is facing a lawsuit that could have an adverse effect on its liquidity. The company’s indirect subsidiary Global Marine has been sued by Wilmington Trust Company, over an alleged default under the indenture governing its $300 million of outstanding 7.00% Notes due June 2028. Wilmington Trust has retained Pryor Cashman as co-counsel […]

  • MISC appoints new group CEO effective October

    6 June 2022
    Human Capital, Outlook & Strategy

    Malaysian LNG shipping company will appoint Rajalingam Subramaniam as the group’s president and CEO effective 1 October 2022.

  • Safe Bulkers Pushes All Loan Repayments to 2021

    20 April 2016
    Business & Finance

    Dry bulk shipping company Safe Bulkers has managed to extend maturity of an existing credit facility with Nordea secured by one of its Capesize class vessels with an outstanding commitment of USD 30.3 million. Under the deal, the maturity will be pushed by two years from June 2019 to June 2021 and the balloon payment initially scheduled to be […]

  • Norway Gives Green Light for Equinor’s CO2 Storage Project

    14 January 2019
    Business & Finance, Operations & Maintenance, Research & Development

    Equinor has been awarded an exploitation permit for CO2 storage on the Norwegian Continental Shelf. The allocated area for storage of CO₂ is located near the Troll oil and gas field and was announced in July 2018. Equinor is currently performing front-end engineering and design (FEED) studies on storage with project partners Shell and Total. […]

  • Enegi and ABT Extend Exclusive Option Agreement with Wood Group PSN

    11 March 2014
    Business & Finance

    Enegi and ABTechnology (“ABT”), the owners of ABT Oil & Gas (“ABTOG”), have agreed to extend the option agreement with Wood Group PSN (‘WGPSN’) until 31 March 2014. The option agreement allows WGPSN the possibility to expand its participation in the development of the marginal field initiative. Alan Minty, CEO of Enegi, commented: “The continuing […]

  • Searcher Seismic in Buscador seismic survey (Mexico)

    8 July 2016

    Searcher Seismic has informed the BGP Pioneer seismic vessel has started acquisition of the Buscador Near-Shore 2D Seismic Survey, offshore Mexico. The project comprises 11,200 km of high quality, long-offset 2D data and specifically targets the near shore areas covering rounds 2, 3 and 4. The data, which will be processed at DownUnder GeoSolution’s Houston facility, covers both proven […]

  • Swiss fund backs SINN Power with €4.7 million

    18 April 2018
    Business & Finance, Technology

    The Swiss Schweizer Kapital Global Impact Fund, represented by Umut Ertan, has contributed to bringing SINN Power’s wave energy technology to market maturity in 2022 with €4.7 million.