5818 results found for 'matuku'

5818 results found for 'matuku'
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  • 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 […]

  • 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, […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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. 

  • 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 […]

  • 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 […]

  • 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 […]

  • Neptune Energy’s Cara discovery wins innovation prize

    29 May 2018

    Neptune Energy has informed that its Cara discovery in the North Sea offshore Norway, last week in  Oslo won the Exploration Innovation Prize 2018 at Recent Discoveries Conference.

  • Norway: Statoil Strengthens Focus on Improved Recovery

    17 January 2012
    Business & Finance, Operations & Maintenance, Research & Development

    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 year with regard […]

  • 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 […]

  • Gazprom inks EUR 700 million loan deal with Unicredit

    9 November 2017

    Russian gas giant Gazprom has signed a 700 million euro ($812.8 million) loan agreement with Italy’s Unicredit bank. The loan signed in November has a five-year maturity, Gazprom said in a statement on Thursday. It will be used for corporate purposes, Gazprom added without revealing any additional info.

  • 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 […]

  • GasLog Reveals USD 1.05 Bn in Financing

    20 June 2016
    Business & Finance

    Monaco-headquartered owner and operator of liquefied natural gas (LNG) carriers GasLog Ltd. has launched a debt financing of USD 1.05 billion with a number of international banks to re-finance six legacy vessel facilities. The company said that the re-financing covers eight on-the-water vessels, which were delivered between 2010 and 2015. The vessels in question are the GasLog […]

  • 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 […]

  • 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 […]

  • Havila Shipping Completes Bond Issue for Financing Havila Subsea Vessel (Norway)

    16 March 2011
    Business & Finance, Project & Tenders

      Havila Shipping ASA has successfully completed the issuance of a new NOK 600 million secured bond. Final maturity date is in March 2017. The bond will be sought listed on the Oslo Stock Exchange. The net proceeds from the bond issue will be directed towards long term financing of the vessel Havila Subsea. DnBNOR […]

  • Douglas Westwood: North Sea – Hope for Declining Production?

    12 May 2014

    Western Europe will continue to rely on imported Russian gas into the 2020s as mature offshore provinces struggle for growth, while large-scale shale gas extraction looks increasingly unlikely in the medium term, Douglas Westwood said in its DW Monday report. Following Moscow’s intervention in Ukraine and the resulting strained diplomatic ties with the West, it […]

  • I.M. Skaugen SE: New Bond Issued (Norway)

    13 September 2010

    I.M. Skaugen SE (IMSK) has completed a new bond issue with maturity in September 2012, a total of NOK 300 million (equal to abt. USD 50 million). An equal amount of debt in IMSK08 with maturity in July 2011 has been repurchased at par. Remaining debt maturity in 2011 is now equivalent of USD 66 […]

  • Russia: Gazprom Kapital Places Bonds

    22 February 2013

    Gazprom Kapital, a subsidiary of Gazprom, placed bonds worth RUB 30 billion at the MICEX Stock Exchange. This is one of the biggest and unique transactions in the local corporate bond market – for the first time in the history of the domestic bond market 3 bond issues with varying maturities and volumes were placed simultaneously. The bond rates hit record lows for corporate borrows in the last […]