5780 results found for 'matuku'

5780 results found for 'matuku'
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  • Gondwana Gold. Encouraged by HRT’s Discovery Offshore Namibia

    26 May 2013

    Gondwana Gold Inc. announces that it views the recent announcement by HRT Participações em Petróleo S.A. regarding the results of the Wingat-1 well in the Walvis Basin as positive in the context of establishing a working petroleum system in the deeper waters of Namibia. The recovery of light oil and the identification of two high […]

  • Moody’s Upgrades Rating Outlook at Port of Palm Beach

    27 December 2017
    Business & Finance

    Moody’s revised Palm Beach Port District’s rating outlook to positive from stable.

  • DOF Subsea AS Contemplates Issuance of New Unsecured Bonds (Norway)

    12 April 2011
    Business & Finance

    DOF Subsea AS is contemplating the issuance of new unsecured bonds in the Norwegian bond market with maturity in April 2016. The contemplated bond issue will have a minimum issue amount of NOK 500 million. Net proceeds from the contemplated bond issue will be used to refinance existing bonds and for general corporate purposes. DnB […]

  • Flex LNG secures first of three planned vessel refinancing deals

    2 June 2025
    Business & Finance, Business Developments & Projects

    Bermuda-headquartered liquefied natural gas (LNG) shipping company Flex LNG has completed the lease financing for one of the vessels from its fleet.

  • Italy: Eni Launches Fixed Rate Bond

    3 July 2013

    Eni successfully launched a fixed rate bond issue for a notional amount of Euro 1 billion. The transaction was placed in the international Eurobond market. The bond has a 10 year maturity and pays a fixed annual coupon of 3.25%. The re-offer price is 98.812%. The proceeds of the bond issue have a general purposes […]

  • Greek TSO takes over the baton for EuroAsia Interconnector

    11 October 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Regulation & Policy, Vision

    EuroAsia Interconnector Limited, project promoter of the European Project of Common Interest (PCI 3.10), and Greek electricity grid operator Independent Power Transmission Operator (IPTO) have reached an agreement for the designation of IPTO as project promoter of the electricity interconnector that will link Greece, Cyprus and Israel. The assumption by IPTO of the role of […]

  • Investment decision for Barents Sea project postponed amid cost growth in supply industry

    10 November 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders

    Equinor and its Wisting project partners have decided to postpone the investment decision scheduled for December 2022.

  • Avance Gas sells ammonia-ready dual fuel VLGC newbuilds

    8 December 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    Norwegian shipping company Avance Gas has agreed to sell its two remaining 91,000 cbm dual fuel newbuildings scheduled for delivery next year. The company said that the two newbuildings would be sold for $240 million en bloc. The buyer of the vessels was not disclosed. The very large gas carriers (VLGCs) are being built by Hanwha […]

  • Frontline boasts $200 million Q2 profit, lands major financing deals

    28 August 2020
    Business & Finance

    Tanker shipping company Frontline booked a net income of $365 million for the first half of 2020, the strongest first half in more than 10 years, cashing in on strong quarterly earnings. For the second quarter, the Norwegian shipowner reported a net income of $199.7 million amid higher charter rates than in the previous three months. […]

  • Seadrill emerges from bankruptcy

    3 July 2018
    Business & Finance

    Offshore driller Seadrill Limited has emerged from Chapter 11 after successfully completing its reorganization pursuant to its chapter 11 plan of reorganization.

  • Westwood: 2019 gas discoveries up and oil down on 2018

    14 August 2019

    High-impact exploration drilling activity increased substantially in the first half of 2019 with 51 exploration wells completed, compared to 36 in the same period in 2018, according to Westwood.

  • Petrobras halves the cost of post-salt well construction

    14 July 2020
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Innovation, Operations & Maintenance, Technology

    Brazilian oil and gas company Petrobras has managed to halve the costs of the post-salt well construction at its Golfinho field offshore Brazil.

  • Brazil: OSX Receives USD 228 Million Loan for Super Shipyard

    11 January 2012
    Business & Finance

    OSX, an EBX Group company focused in providing equipment and services for the offshore oil and gas industry, has received a USD 227.9 million loan for the funding of the construction of the Açu Shipbuilding Unit (UCN Açu), which will, once it is completed, be the largest shipyard in the Americas. The construction of the […]

  • 3D Seismic Offshore Mauritania Starts in Mid-November, Chariot Says

    19 October 2012

    Chariot Oil & Gas Limited, the independent Africa focused oil and gas exploration company, has signed a contract for acquisition of a 3,500km2 3D seismic survey in Block C19 offshore Mauritania. The Company has contracted Fugro-Geoteam AS to carry out the programme in water depths ranging from 30m to 2,000m. The programme is expected to […]

  • Rever Offshore, CDCI Agree to Postpone Delivery of ‘Cecon Pride’

    30 January 2014
    Business & Finance

    Rever Offshore AS, a subsidiary of Cecon ASA, has agreed with Chantier Davie Canada Inc. (CDCI) to delay delivery of Cecon Pride until sea-ice conditions permit sea-trials according to the vessel’s class notation, expected during second half of March. The delivery of the Hull 717, named Cecon Pride, had been scheduled to take place on […]

  • Fitch Predicts More M&A Activity, Defaults in Shipping Sector in 2017

    1 December 2016
    Business & Finance

    Muted demand growth will exacerbate overcapacity for the shipping sector in 2017, putting pressure on freight rates and driving further consolidation and defaults, according to Fitch Ratings. Fitch expects performance in all segments to be under pressure and has therefore maintained its negative sector outlook. However, tanker shipping will face slightly less stress than dry bulk and […]

  • Awilco LNG Inks Deal with Teekay to Restructure Charters

    19 May 2017
    Business & Finance

    Norwegian LNG transportation provider Awilco LNG has agreed with its main creditor Teekay LNG Partners on a refinancing package which includes restructuring of existing charters and sale of new shares in an effort to re-establish a “robust financial platform.”  The private placement of the company’s shares, directed towards Awilco LNG’s existing shareholders and potential Norwegian and […]

  • PGGM, Ampere Refinance Walney OWF Debt

    22 December 2016
    Business & Finance

    Facilities put in place by Dutch pension fund PGGM and Ampere Equity Fund for the Walney offshore wind farm in 2012, which enabled the two investors to own 24.8% stake in the project through their investment vehicle OWP, have been refinanced with the transaction closing on 15 December.  In 2012, when OWP invested in Walney, an initial […]

  • Huawei, LTI Partner on Middle Package of Palapa Ring Project

    14 October 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Huawei and PT.LEN Telekomunikasi Indonesia (LTI) have signed an agreement to design and construct a portion of the Palapa Ring Project in Indonesia. The Palapa Ring is a broadband network project that is led by Indonesian government for the purpose of increasing broadband penetration in the more remote areas in Indonesia. It consists of three […]

  • Repsol Signs Exploration Deal with Guyana Gov’t

    15 May 2013

    Spanish oil company Repsol has signed an exploration and production agreement with the Government of Guyana. The four-year agreement, signed yesterday, will allow Repsol to search for hydrocarbons in the Kanuku block, approximately 161 km offshore Guyana, the only South American nation in which English is the official language. According to GINA, Guyana’s Government Information Agency, Repsol […]

  • Saipem to conduct extended concept study for Barents Blue project

    8 July 2022
    Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Project & Tenders

    Norwegian carbon tech company Horisont Energi said that the Barents Blue project has awarded an extended concept study contract to Italian oilfield contractor Saipem, which will cooperate with technology licensor Haldor Topsoe.

  • USA: Kirby Completes Purchase of Penn Maritime

    18 December 2012
    Business & Finance

    Kirby Corporation announced on Friday the completion of the acquisition of Penn Maritime Inc. and Maritime Investments LLC, an operator of tank barges and tugboats participating in the coastal transportation of primarily black oil products in the United States. The total value of the transaction was approximately $299 million (before post-closing adjustments and transaction fees), […]

  • Marine energy alliance of joint benefit kicks off in Europe

    17 September 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    The EU-backed project whose aim is to progress the maturity level of 40 small and medium sized companies working in marine energy sector has officially been launched under the name of Marine Energy Alliance (MEA).

  • Moody’s Lowers Adani Abbot Point Terminal’s Rating

    14 March 2016
    Business & Finance

    Moody’s, an independent rating agency, has downgraded Australia-based Adani Abbot Point Terminal’s (AAPT) senior secured and senior secured bank credit facility rating to Ba2 from Baa3.  The ratings’ outlook is negative, reviewing the challenging industry conditions, and uncertainty on AAPT’s ability to generate sufficient free cash flows to achieve the deleveraging, since this depends on the ability of the […]

  • Danaos Chooses Scrubbers for Six Boxships

    15 November 2018
    Business & Finance

    Danaos Corporation has decided to install scrubbers on six vessels.