5737 results found for 'matuku'

5737 results found for 'matuku'
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  • 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 […]

  • 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 […]

  • 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 […]

  • 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. […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • Norwegian Government Approves Martin Linge Development Plan

    3 April 2012
    Business & Finance, Operations & Maintenance, Research & Development

    The Norwegian Government approved the development plan for the Martin Linge gas field. Until now the licensees have referred to the field as Hild. Located in the northern part of the North Sea, the field is about 150 kilometres west of Kollsnes. Total investments in the development amount to about NOK 26 billion, with recoverable […]

  • France: GDF SUEZ Launches First Euro ‘Century Bond’

    10 March 2011

      The GDF SUEZ Group has successfully launched a €300 million bond issue with 100-year maturity and 5.95% coupon. This is the first 100-year issue denominated in euros ever floated in the market. This issue once again illustrates investors confidence in GDF SUEZ long-term outlook and the permanent financial innovations of the Group. It provides […]

  • DMS Confident Of Winning Govt Contracts To Build Boats Under 9MP

    4 April 2005

    Local boat builders, Destination Marine Services Sdn Bhd (DMS) is hoping to win contracts worth RM100 million from the government to build boats under the Ninth Malaysia Plan (9MP). The company’s managing director, Datuk Abdul Aziz Sheikh Fadzir, said that the company’s confidence in winning the contracts was based on its years of experience and […]

  • Report: land-based LNG plant could save Inpex $6 bln in Indonesia

    11 March 2016

    A US$6 billion could be saved by Japan’s Inpex and Shell if Indonesia opts to build the Masela Abadi LNG facility on land instead of offshore, according to a government official.

  • Hoegh LNG Mulls Bond Issue (Norway)

    24 September 2012

    Höegh LNG is contemplating issuing a senior unsecured bond in the Norwegian bond market with maturity in October 2017. The proceeds from the contemplated bond issue are intended for general corporate purposes. DNB Markets, Nordea Markets and SEB Merchant Banking are engaged as joint lead managers for the bond issue. [mappress] LNG World News Staff, […]

  • Escalating Orders and Production Output in the European Shipbuilding Industry Boosts Welding Equipment and Consumables Market

    6 February 2007

    The highly mature European welding equipment and consumables market for shipbuilding applications is facing mounting competition from suppliers based in East Asia. However, healthy orders from shipyards over the next three years will boost revenues for welding equipment and consumable manufacturers. At the same time, the intensifying trend towards automation in shipyards will help to […]

  • Rough waters ahead for UK’s oil industry

    2 February 2015

    Oil & Gas UK’s Business Sentiment Index published today reveals that in the fourth quarter of 2014 optimism in the oil and gas industry fell dramatically, dropping 16 points to -23 points on a -50/+50 scale.   According to the Oil&Gas UK, the downfall continues the downward trend seen over the last seven quarters and […]

  • Mediterranean Oil & Gas Reviews Area 4 Offshore Malta

    12 October 2012
    Business & Finance, Operations & Maintenance, Research & Development

    Mediterranean Oil & Gas Plc announces the results of an independent evaluation of Malta Offshore Area 4 (“Area 4”) currently owned 100% by MOG through its wholly owned subsidiary, Phoenicia Energy Company Limited (“PECL”). PECL entered into a farm-out agreement with Genel Energy Plc in August 2012 to sell 75% of PECL’s interest in Area […]

  • Trafigura Secures USD 1.5 Bn of Finance Deals

    7 October 2019
    Business & Finance

    The loans were oversubscribed and upsized, with 27 banks participating in the transaction.