5711 results found for 'matuku'

5711 results found for 'matuku'
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  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • BP Restructuring to Secure Long Term North Sea Future

    23 October 2007

    BP is today announcing proposed plans for important changes to its North Sea organisation, headquartered in Aberdeen, designed to secure a long-term future for the company’s oil and gas business in the UK. The changes are intended to simplify the organisation and improve the efficiency of work processes in response to the challenges of the […]

  • Havila in refinancing attempt. Loses contract in Brazil

    5 January 2016

    Norway’s offshore shipowner Havila Shipping doesn’t see any improvements in the offshore supply vessel sector any time soon, and expects “severe” financial challenges for the period of 2016-2018.  The company on Tuesday said the downturn in the offshore market and expected continuing fall in market values and activity going forward has, as for other players […]

  • Norway: Statoil Focuses on Improved Recovery

    17 January 2012
    Business & Finance

    Norwegian energy company Statoil has matured more reserves through improved recovery than the Skrugard and Havis discoveries combined in 2011. The company is now strengthening its focus on improved recovery. “2011 will always be remembered for the major finds on the Norwegian continental shelf (NCS), while at the same time we have completed a great […]

  • Moody’s: Navios Maritime Partners’ Outlook Negative

    19 May 2016
    Business & Finance

    Greek owner and operator of container and dry bulk vessels Navios Maritime Partners has seen its corporate family rating (CFR) downgraded to B3 from B2, its probability of default rating (PDR) to B3-PD from B2-PD and the rating on Navios Partners’ USD 408.3 million senior secured term loan to B3 from B2, Moody’s rating agency said. Furthermore, […]

  • Pacific Drilling Closes Three Transactions Totaling $2 Bln

    4 June 2013

    Pacific Drilling S.A. announced today the closing of three financing transactions totaling $2 billion. The transactions included an offering of $750 million in 5.375% senior secured notes due 2020, a $750 million senior secured term loan with 2018 maturity, and a $500 million senior secured revolving credit facility also maturing in 2018. Net proceeds from […]

  • Perenco to build LNG production unit in Gabon

    20 February 2023
    Business & Finance, Business Developments & Projects, Infrastructure

    Anglo-French oil and gas player Perenco has taken a final investment decision (FID) for the construction of a liquefied natural gas (LNG) production unit in Gabon. The LNG plant will be built at the Cap Lopez oil terminal that Perenco acquired from TotalEnergies in 2021. The planned LNG production unit will involve an investment of […]

  • Norway launches fresh offshore licensing round

    29 May 2019

    The Norwegian Ministry of Petroleum and Energy on Wednesday announced the APA 2019 licensing round, comprising the predefined areas with blocks in the North Sea, the Norwegian Sea, and the Barents Sea.

  • Hornbeck Offshore signs up for new $300 million credit

    16 June 2017
    Business & Finance

    U.S. offshore supply vessel operator Hornbeck Offshore has refinanced its existing $200 million credit facility with a new delayed-draw facility providing for up to $300 million of term loans.  The six-year term of the new credit facility extends the maturity of the old credit facility from February 2020 to June 2023. According to the company’s […]