5752 results found for 'matuku'

5752 results found for 'matuku'
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  • 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), […]

  • 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 […]

  • 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).

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Getting back to our roots: From frontier exploration to the North Sea

    20 September 2018

    For nearly a decade, the team behind Discover Exploration has been hunting for ‘elephants’ – our industry’s jargon for giant turbidite fans in 1,000+ meters of water – off the underexplored coasts of East Africa and New Zealand.

  • USA: NOAA Fisheries Encourages Fishermen to Release Shortfin Mako Sharks Alive

    26 May 2011
    Business & Finance

    NOAA’s Fisheries Service launched a voluntary program to encourage commercial and recreational fishermen to safely release Atlantic shortfin mako sharks alive and report the releases to NOAA for posting on an online map. The new program is designed to encourage the conservation of North Atlantic shortfin mako sharks. Scientific research shows many of these sharks […]

  • Danaos Chooses Scrubbers for Six Boxships

    15 November 2018
    Business & Finance

    Danaos Corporation has decided to install scrubbers on six vessels.

  • Eidesvik, CGG Reduce Day Rate for Viking Vanquish

    23 January 2017

    Eidesvik and CGG have agreed on changes to the bareboat contract for the seismic vessel Viking Vanquish. The contract expires in November 2020 effective from January 2017. The day rate will be reduced for the rest of the contract, Eidesvik informed. Eidesvik will receive listed senior notes maturing 2021 and other debt instruments as compensation. The […]

  • Ocean Yield Delivers Geco Triton to WesternGeco

    22 December 2014

    Ocean Yield announced that it has delivered “Geco Triton” seismic vessel to its new owners and received net cash proceeds of USD 8.2 million from the sale of the vessel. Previously the company announced the sale of the vessel to its charterer WesternGeco. Ocean Yield has also entered into an agreement to increase one of its bank loan […]

  • Teekay LNG finalizes bond issue

    6 May 2015

    Bermuda-based Teekay LNG said that it has issued NOK 1,000 million in senior unsecured bonds, maturing in May 2020, in the Norwegian bond market. The aggregate principal amount of the bonds is equivalent to approximately USD 130 million and all interest and principal payments have been swapped into USD at an all-in fixed interest rate […]