5711 results found for 'matuku'

5711 results found for 'matuku'
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  • Delivery of Cecon Pride Postponed

    30 January 2014

    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 […]

  • EIB increases Climate Awareness Bond to €1B

    5 October 2015
    Business & Finance, Research & Development

    The European Investment Bank (EIB) has increased the Climate Awareness Bond (CAB) 2023 by €400 million to bring the total amount outstanding to €1 billion. The bond completes EIB’s € Green Bond curve with a third liquid reference point in an intermediate maturity and takes the total CAB issuance to €10.5 billion. It is EIB’s […]

  • 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.

  • 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 […]

  • 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.

  • Ocean Yield – New Contemplated Bond Issue

    17 March 2014
    Business & Finance

    Ocean Yield ASA, a company with investments within oil-service and industrial shipping, is contemplating the issuance of new unsecured bonds in the Norwegian bond market with maturity in March 2019. The net proceeds from the contemplated bond issue will be used to refinance existing bonds and for general corporate purposes. DNB Markets and Pareto Securities have […]

  • Golar LNG Partners Mulls Bond Issue, Bermuda

    27 September 2012

    Golar LNG Partners is contemplating issuing new senior unsecured bonds in the Norwegian bond market with maturity in October 2017. The net proceeds from the Bond Issue shall be used firstly for repayment of the existing approximately USD 223 million shareholder loan from Golar LNG Limited and secondly for general corporate purposes. DNB Markets and […]

  • Norway: Hoegh LNG Completes Bond Issue

    25 September 2012

    Höegh LNG of Norway said it has completed the issuance of a senior unsecured bond issue of NOK 750 million in the Norwegian bond market with maturity date expected to be 3 October 2017. The bond issue will be swapped from NOK to USD and from floating to fixed interest rate. The bond issue was […]

  • 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.

  • Pacific Drilling evaluating options after bondholder rejection

    3 August 2017
    Business & Finance, Exploration & Production

    Debt-laden offshore driller Pacific Drilling is evaluating its options, including Chapter 11 bankruptcy, after bondholders of a $439 million bond rejected the company’s request to extend the maturity date beyond December 1, 2017. The company which this week lost long-serving CEO who left “to pursue other opportunities”, had on July 5 launched a private consent […]

  • Horizon Oil starts drilling off China

    11 September 2014
    Business & Finance, Project & Tenders

    Horizon Oil has reported that drilling has started on the first of two exploration wells in Beibu Gulf Block 22/12, offshore China.

  • 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 […]

  • TenneT Refinances Credit Facilities

    21 July 2014
    Business & Finance

    TenneT Holding B.V. refinanced its existing EUR 1,125 million and EUR 500 million revolving credit facilities with a single facility of EUR 2 billion. The pricing of the facility, which can be used for general corporate purposes, was decreased and the maturity date was extended to July 2019 with two one-year extension options. Participating banks […]

  • Pakistan: Karachi Port Gets $115.8 Million from World Bank

    20 September 2010

    The World Bank has agreed to lend $115.8m to the Karachi port improvement project in Pakistan. The money will fund works to deepen the channel and harbour at the port, reconstruct old and shallow berths, and construct cross-harbour bridges. The port, which handled 38.7 million tons of cargo in 2008-09, constitutes approximately 60% of Pakistan’s […]

  • Dolphin Contemplates New Unsecured Bond Issue

    21 November 2013
    Business & Finance, Research & Development

    Dolphin Group ASA is contemplating to issue senior unsecured bonds with maturity in December 2017. The net proceeds from the bond issue shall be applied towards general corporate purposes, including financing of specific Multi-Client investments, seismic equipment and to further finance the growth of the group. Arctic Securities, DNB Markets, SEB and SR-Bank Markets are […]

  • Teekay Offshore to Raise USD 165 Million via Bond Issue

    15 January 2014

    Teekay Offshore Partners said that it has issued NOK 1,000 million in senior unsecured bonds, maturing in January 2019, in the Norwegian bond market. The aggregate principal amount of the bonds is equivalent to approximately 165 million U.S. dollars (USD). The bond offering was significantly oversubscribed. The proceeds of the bonds are expected to be […]

  • Sand supply to republic stopped in 2000

    13 June 2006

    Johor stopped supplying sand to Singapore in 2000, and has since monitored sand-dredging activities in areas where permits have been issued. Menteri Besar Datuk Abdul Ghani Othman told Ayub Jamil (BN-Rengit) in the state assembly yesterday that 97 such permits had been issued to date. In a reply read by state executive councillor for Agriculture, […]

  • Oil Discovery in The North Sea

    12 May 2011

    Oil has been proven by Statoil and its partners Det norske oljeselskap ASA and Svenska Petroleum Exploration AS on the North Sea Krafla prospect. The well is located in block 30/11 around 26 kilometres south of the Oseberg South field. Based on preliminary calculations the size of the discovery is between 12.5 and 56.5 million […]

  • Roc Oil Spuds Another Well in Beibu Gulf Well (China)

    16 October 2012

    Roc Oil (China) Company advises that the HYSY 931 rig has commenced drilling at the WZ6-12-A6 location on the WZ6-12 South Field in Beibu Gulf at 20:00 hours on 15 October 2012. This well is located in 29 metres of water and is expected to reach total projected depth (TD) of 2,914 metres MD. ROC […]