5752 results found for 'matuku'

5752 results found for 'matuku'
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  • 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 […]

  • 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, […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • HMM’s Capital Reduction Approved as Creditors Reject Debt Rescheduling

    18 March 2016
    Business & Finance

    Troubled South Korean shipping company Hyundai Merchant Marine (HMM) has been allowed to stay listed on the local stock exchange as the company’s shareholders approved a 7-to-1 capital reduction proposal at a general meeting today, the company said in a stock exchange filing. The proposal adoption comes on the back of Korea Development Bank’s (KDB) decision […]

  • 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.

  • Santos Executes A$2 Billion Bilateral Bank Facility (Australia)

    19 July 2010

    Santos today announced it has executed a A$2 billion bilateral bank loan facility. This new facility will be used to refinance Santos’ existing A$700 million of undrawn bilateral bank facilities that mature between 2011 and 2013 and to increase liquidity. Santos Executive Vice President and Chief Financial Officer Peter Wasow said the refinancing of these […]

  • Joint Malaysia-Philippines operation enhances maritime security

    18 May 2005

    The presence of maritime security forces of both Malaysia and the Philippines has curbed undesirable activities in the east coast in particular, the Sulu Sea region. Director of Malaysia Maritime Enforcement Agency, First Admiral Datuk Abdul Hadi Abdul Rashid said he noted that the presence of both maritime security forces in the area has deterred […]

  • Moody’s Lowers Teekay’s Rating Again

    18 April 2016
    Business & Finance

    Bermuda-headquartered shipping company Teekay Corporation has seen its corporate family rating downgraded for the second time this year from B2 to B3 due to financial concerns, according to Moody’s rating agency. Furthermore, Moody’s said that it downgraded Teekay’s senior unsecured debt rating from B3 to Caa1, adding that the ratings are under review for further downgrade. “The rating downgrades reflect […]

  • Collaboration and innovation are keys to maximizing recovery from North Sea

    1 October 2014

    The North Sea is becoming a mature basin. Production is in decline and investments in exploration are decreasing, while infrastructure ages.  Instead of a few big players, many smaller operators, including independents, are trying to squeeze the last reserves out of the subsurface. Recently, Sir Ian Wood released a report on the future of the […]

  • Oil & Gas UK welcomes Budget 2016 boost

    17 March 2016

    Oil & Gas UK, a body representing the oil and gas players in the UK, has welcomed the Chancellor of the Exchequer’s “acknowledgment of the challenges facing the industry.” To remind, George Osborne, the Chancellor on Wednesday presented his Budget 2016 to the UK parliament, in which it has been revealed that the oil and […]