5711 results found for 'matuku'

5711 results found for 'matuku'
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  • 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.

  • 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 […]

  • 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, […]

  • 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.

  • Penang Port needs north channel dredged too

    26 November 2009

    The Edge Malaysia reports that an investment of more than RM1.1 billion to upgrade Penang Port “will come to naught” if the port’s north channel is not deepened. So said Penang Port Sdn Bhd’s managing director Datuk Ahmad ibni Hajar recently, noting that the federal government in Malaysia had shelved the RM355 million channel dredging […]

  • Norway: Statoil Extends Deadline for Tenderers to Develop New Rig Concept

    31 March 2011
    Business & Finance

      Statoil has decided to allow more time for the tenderers to mature their respective category B rig concepts, which includes an extended front end engineering and design (FEED) phase. The planned award date is set for the fourth quarter of 2011. Statoil has had an ongoing tender process for the new category B rig […]

  • TGS scores new OBN contracts

    9 February 2023
    Business & Finance, Business Developments & Projects

    Norwegian seismic player TGS has teamed up with CGG, the French geophysical services company, to carry out the acquisition and imaging of a dense ocean bottom node (OBN) multi-client seismic survey in the Balder and Ringhorne areas of the Norwegian Continental Shelf (NCS).

  • GasLog Wraps Up USD 90 Mn Bond Sale

    15 June 2016
    Business & Finance

    Owner and operator of LNG carriers GasLog Ltd. has completed the issuance of NOK 750 million (USD 90 million) of new senior unsecured bonds in the Norwegian bond market. The company said that the new five year senior unsecured bonds will mature in May 2021 and will have a coupon of 6.9% over 3 month NIBOR, […]

  • Indonesia: INPEX Receives Best Booth Award at IPA 2011

    27 May 2011

      INPEX had a major presence at the 35th Annual Indonesian Petroleum Association (IPA) Convention and Exhibition held in Jakarta, Indonesia, from 18th to 20th May 2011. INPEX won the Best Booth Award (over 50m2 section) among 22 PSC Contractor exhibitors, which is a remarkable accomplishment for INPEX. It is the first case for a […]

  • The Netherlands: Royal BAM Will Sell Stake in Van Oord To Partly Repay Debts

    26 April 2010
    Business & Finance

    Debt-laden Dutch builder Royal BAM said it had negotiated new covenants and maturities for its loans with banks, paving the way for its planned 250 million euros ($349.5 million) rights issue. Saddled with debt after suffering heavy loses in the property market, the largest listed construction group in the Netherlands… [mappress] Source:forexyard,April 26,2010;

  • Global Carriers to double net profit with fleet expansion

    14 June 2007

    Global Carriers Bhd is optimistic of doubling its revenue and net profit in five years, on the back of its fleet expansion activities, said executive chairman Datuk Azlan Hashim. ‘We have already bought two (oil tankers) and our plan is to order four more in the next four years,’ he said after the company AGM […]

  • Shipping policy being looked into, says minister

    14 September 2010

    A comprehensive study is underway on the policy that bars foreign shipping lines from operating in the nation’s domestic routes. Transport Minister Datuk Seri Kong Cho Ha, who will head the study, said he wanted to meet those involved including manufacturers, government agencies, business groups, shippers and freight forwarders over the cabotage policy.