5752 results found for 'matuku'

5752 results found for 'matuku'
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  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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, […]

  • Horisont Energi inks new ammonia sales deal for Barents Blue project

    13 March 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Norwegian clean energy company Horisont Energi has secured a non-binding term sheet with a European energy group for ammonia sales from its Barents Blue clean ammonia plant in northern Norway.

  • Malaysia orders probe on port scandal

    5 November 2009

    Malaysia has ordered that the former President of the International Association of Ports and Harbours (IAPH) and ex-Port Klang General Manager Datin Paduka O C Phang and the country’s former Transport Minister Datuk Chan Kong Chye, be investigated for impropriety and criminal breach of trust. The recommendation for the probe came from the Public Accounts […]

  • STIDC To Seek Extra Land In Tanjung Manis For Shipbuilding

    14 March 2007

    The Sarawak Timber Industry Development Corporation (STIDC) hopes to obtain another 49 hectares of land to facilitate the shipbuilding industry in the new township of Tanjung Manis in Sarikei near here. Minister of Urban Development and Tourism Datuk Sri Wong soon Koh said an earlier allocation of 81 hectares for the industry had been fully […]

  • 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.

  • MHI Vestas Gets New Co-CEO

    3 November 2016
    Business & Finance

    Mitsubishi Heavy Industries’ Tetsushi Mizuno has been appointed a new Co-CEO of MHI Vestas Offshore Wind, a joint venture between MHI and Vestas. Mizuno will replace Jin Kato, who will stay on as a senior advisor to the company for the next six months before reassuming a senior role at MHI in Japan. Mizuno comes from a position […]

  • Statoil extends suspensions for rig trio

    5 December 2014

    Norwegian oil company Statoil has extended the suspension times for three offshore drilling rigs. The company said that the reason for the extended suspension for COSL Pioneer, Scarabeo 5 and Songa Trym semi-submersibles was overcapacity in the rig portfolio. Statoil has also said that the suspensions are also a result of the failed attempts to mature […]

  • DNV Supports Development of New Offshore Rig Concepts (USA)

    6 March 2013

    DNV in North America is awarded a USD 3 million US Department of Energy funded RPSEA project to evaluate and support the development of two cost competitive dry tree semi-submersible rig concepts, suitable for the Gulf Of Mexico in a minimum of 8,000 foot water depth with drilling and production capabilities. The Research Partnership for […]

  • 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 […]

  • ETIP Ocean reviews grant support for early TRL tech

    12 February 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    The European Technology and Innovation Platform for Ocean Energy (ETIP Ocean) has organized a webinar dedicated to exploring grant funding support mechanisms for energy technologies at early stages of development.

  • PIC Invests GBP 115 Million in Walney Extension

    15 November 2017
    Business & Finance

    The UK-based specialist insurer of pension funds Pension Insurance Corporation (PIC) has invested GBP 115 million to provide debt-financing for the acquisition of a 50% share in the 659MW Walney Extension offshore wind farm. 

  • Infield Systems Launches Subsea Market Forecast to 2016

    9 February 2012
    Business & Finance

    As operators face the dual challenge of sustaining their production levels in mature regions and effectively exploiting the uncapped reserves in growth areas, such as, West Africa, US Gulf of Mexico and Brazil, the potential for subsea capital expenditure throughout the forecast period has increased dramatically. In order to leverage against declining production, Operators are […]

  • Wentworth Granted USD 10 Mln Long-Term Debt Facility (Tanzania)

    21 June 2013
    Business & Finance

    Wentworth, the Oslo Børs and AIM listed oil and gas exploration and production company, announced the completion of a US$10 million long-term debt facility, further to their Q1 2013 results announcement of 23 May 2013. On 20 June 2013, the Company executed a US$10 million term loan facility that matures on 31 December 2017. The […]

  • Petrobras inks $4.35bn credit facility with bank syndicate

    8 March 2018

    Brazilian oil company Petrobras has signed a revolving credit facility in the amount of $4.35 billion, with maturity in March 2023.

  • Fugro Secures USD 909 Million Long Term Funds (UK)

    8 August 2011
    Business & Finance, Operations & Maintenance

    Fugro has reached agreement with 27 US and UK investors with respect to new US Private Placement loans to a total amount of USD 909 million equivalent. The loans are denominated in US Dollars (750 million), British Pounds (67.5 million) and Euros (35 million) and have an average coupon of 4.5%. The maturity of the […]

  • MOL Signs Deal for USD 988 Mn Loan

    30 September 2016
    Business & Finance

    Japanese shipping company Mitsui O.S.K. Lines (MOL) has entered into an agreement for a JPY 100 billion (USD 988.6 million) loan as it is looking to expand into the liquefied natural gas (LNG) carrier and offshore businesses. MOL said it will use the hybrid loan, which has a maturity date of September 2076, to invest in its growth […]

  • MHI Vestas Gets New Co-CEO

    3 November 2016
    Business & Finance

    Mitsubishi Heavy Industries’ Tetsushi Mizuno has been appointed a new Co-CEO of MHI Vestas Offshore Wind, a joint venture between MHI and Vestas. Mizuno will replace Jin Kato, who will stay on as a senior advisor to the company for the next six months before reassuming a senior role at MHI in Japan. Mizuno comes from a position […]

  • Siem Offers Subsea 7 Shares as Option for New Bond

    26 May 2016
    Business & Finance

    Siem Industries has launched an offering of EUR 200 million senior secured exchangeable bonds due 2021, exchangeable for common shares of Subsea 7, exclusively by way of a private placement to international institutional investors. Siem added that the offering amount may be increased by up to EUR 75 million should the increase option be exercised […]

  • Seadrill Limited sells West Auriga drillship to Seadrill Partners

    12 March 2014
    Business & Finance

    Seadrill Limited announced today that it has entered into an agreement with Seadrill Partners pursuant to which the Company will sell to Seadrill Capricorn Holdings LLC, Seadrill Partners’ 51% owned subsidiary, all of the ownership interests in the entities that own and operate the drillship, the West Auriga. The Company owns the remaining 49% interest […]

  • Concordia Maritime Refinances P-MAX Tanker Fleet

    23 November 2016
    Business & Finance

    Swedish tanker shipping company Concordia Maritime has signed two separate agreements to refinance its ten P-MAX ships. The total refinancing amount is USD 189 million and after financing costs the net amount is in line with outstanding debt from the existing facility, which was set to expire in June 2017. According to the company, the first […]