5711 results found for 'matuku'

5711 results found for 'matuku'
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  • 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. 

  • 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 […]

  • 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 […]

  • 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 […]

  • Invests $150 million in Core Energy

    29 November 2010

    Norwegian private equity investor HitecVision has invested $150 million in an independent oil and gas company Core Energy. Energy is a newly established company which aims to take part in the value creation potential of mature fields on the Norwegian Continental Shelf. The company aims to acquire interests in producing fields on the NCS and […]

  • Shell Technology Webcast

    21 September 2006

    As the easy oil becomes more difficult to find and produce, how do oil and gas companies squeeze more barrels out of existing resources? How can technology unlock more oil in each reservoir, extending the life of mature fields? How can Enhanced Oil Recovery (EOR) techniques contribute to energy security? On Thursday 28th September at […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Sarawak Maritime Academy Ready By December

    28 June 2005

    Sarawak is to have its own maritime training academy by December this year. State Second Finance Minister Datuk Seri Wong Soon Koh performed the earth-breaking ceremony at the former Public Works Department’s divisional office at Upper Lanang Road here Tuesday. He said the RM11.5 million academy, to be known as the Sarawak Maritime Academy, would […]

  • Peterson selected as logistics contractor for Repsol’s Guyana well

    6 August 2019
    Business & Finance

    International energy logistics provider Peterson has been awarded a major contract with Repsol’s Guyana subsidiary for work on the Carapa 1 offshore well.