5711 results found for 'matuku'

5711 results found for 'matuku'
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  • Pacific Drilling Raises Cash to Pay for Pacific Zonda Drillship Construction

    4 June 2013
    Business & Finance

    Pacific Drilling, a Luxembourg-based offshore drilling contractor, announced today the closing of three financing transactions totaling $2 billion. The transactions included an offering of $750 million in 5.375% senior secured notes due 2020, a $750 million senior secured term loan with 2018 maturity, and a $500 million senior secured revolving credit facility also maturing in […]

  • BP tackling production decline at ‘largest and most prolific’ oil field offshore India

    10 February 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    BP has been hired by Oil and Natural Gas Limited (ONGC) to handle the decline in hydrocarbon production levels at a giant oil field in the country’s waters.

  • Orion Marine Group Closes $75 Million Revolving Credit Facility

    2 July 2010
    Business & Finance

    Orion Marine Group, Inc., a leading heavy civil marine contractor serving the infrastructure sector, today announced it has entered into a new $75 million revolving credit facility. An additional $25 million is available under the facility subject to the lenders’ discretion. This new facility replaces the existing debt facility that would have matured in September […]

  • Sterling Energy Provides Update on Ambilobe and Ampasindava Blocks (Madagascar)

    14 November 2013
    Business & Finance, Operations & Maintenance

    Sterling Energy Plc, the AIM listed independent oil & gas exploration and production company, provides an update on activities in its Ambilobe and Ampasindava Blocks, located offshore Madagascar. A 1,363 km 2D seismic programme is currently in progress on the Ampasindava Block. The programme is designed to provide improved control over the large Sifaka prospect […]

  • MMT Carries Out Marine Survey Between Italy and Malta

    1 December 2011
    Business & Finance, Operations & Maintenance

    MMT has been contracted by Nexans Norway AS to carry out a pre-engineering marine survey of an 80 m wide corridor between Qalet Marku in Malta and Marina di Ragusa in Sicily. The survey operation will be conducted by MMT survey vessel Franklin, (length 56 meters). M/V Franklin is fully equipped to perform marine surveys […]

  • Vanguard to Acquire Gas Properties in Wyoming, USA

    31 December 2013

    Vanguard Natural Resources announced it has entered into a definitive agreement to acquire natural gas and oil properties in the Pinedale and Jonah fields of Southwestern Wyoming for a purchase price of $581 million from an unnamed source. The properties being sold consist of approximately 87,000 gross acres that are currently producing approximately 113.4 Mmcfe […]

  • Ardmore Shipping Concludes Refinancing of Three MR Tankers

    3 December 2018
    Business & Finance

    Ardmore Shipping signs binding agreements for the refinancing of three vessels.

  • UK: Afren 2011 Profit Almost Triples

    27 March 2012
    Business & Finance

    A London-based oil and natural gas exploration and production company, Afren Plc, today reported a record turnover of US$597 million for the full year 2011 which represents an 87% increase when compared to the last year’s US$319 million. The company’s 2011 profit nearly tripled, rising 172% from US$46 million in 2010 to US$125 million in […]

  • France goes big on maritime decarbonization with ‘CORIMER low-carbon ships’ initiative

    6 February 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    The French government is launching a new call for proposals to accelerate the production of low-carbon ships and boats in the country.

  • Statoil: Long-term Contract for New Rig Design (Norway)

    21 February 2011
    Business & Finance, Equipment

      Statoil is sending out an invitation to tender for a new type of drilling rig. It is specially-designed by the industry on behalf of Statoil for use on mature fields on the Norwegian continental shelf (NCS). The purpose is to make drilling and completion of production wells less expensive, more effective and safer, and […]

  • Statoil proves Krafla area

    9 February 2015
    Exploration & Production, Project & Tenders

    Operator Statoil has together with PL035 partners completed a two-well programme in the Krafla area in the North Sea. Since 2011 significant new recoverable resources have been proven in the area, Statoil said in the press release. According to the Norwegian Petroleum Directorate (NPD), the 30/11-8 S discovery was proven in the summer of 2011 […]

  • Moody’s Gives B2 to Teekay’s Add-On Notes

    10 November 2015
    Business & Finance

    Moody’s Investors Service assigned a B2 rating to the USD 200 million add-on to Teekay Corporation’s (Teekay) existing 8.5% senior unsecured notes due 15 January 2020. The add-on notes are being issued under a supplement to the indenture of the 8.5% Notes and have the same terms, conditions and maturity date. Teekay intends to use […]

  • Malaysia: Minister Pushes for Penang Port Dredging

    17 September 2012

    “The current seabed depth of 11 metres at the Penang Port is not deep enough and it should be increased to 15 metres,” stated Chief Minister Lim Guan Eng. A deeper channel will allow bigger ships to enter the port and have access to the upgraded RM680 million wharf. “This is what the state has […]

  • Petrolia Buys Stake in Statoil’s PL 628

    13 March 2013
    Business & Finance

    Petrolia Norway AS, a 100% subsidiary of Petrolia SE, has entered into an agreement with Statoil Petroleum AS to purchase 10% in PL 628 and an agreement granting Statoil Petroleum AS an option on 10% in PL 506. PL506 will be drilled in March 2013 and will be spudded shortly. The Statoil-operated PL628, located in […]

  • Douglas-Westwood Forecasts USD 335 bln Spending in Offshore O&M Sector

    25 April 2012

    The 2nd edition of the World Offshore Operations & Maintenance Market Forecast, by Douglas-Westwood (DW) forecasts over $335 billion worth of expenditure from 2012-2016 on offshore oil & gas operations & maintenance (O&M). With O&M markets considerably less vulnerable to economic downturn than their capital-led counterparts DW predict growth of 8% per annum during the […]

  • DRDC Acquires Iver3 AUV

    10 February 2016

    OceanServer Technology has received an order for an Iver3-580 EP system from Canada Public Works and Government Services for delivery to the Defence Research and Development Canada (DRDC). The Iver3 AUV will be used to augment existing autonomous systems and provide a platform to continue R&D in underwater research at DRDC Atlantic. DRDC will have access to Iver’s mature hardware […]

  • Norway: Sevan Marine Secures Short-term Financing

    20 July 2011
    Business & Finance, Project & Tenders

    Reference is made to the press release issued by Sevan Marine ASA (the “Company”) on 11 July 2011. The Company announces that it has entered into a USD 36.1 million bond loan agreement with Norsk Tillitsmann ASA (“Norsk Tillitsmann”) acting on behalf of a group of holders of the Company’s existing bonds. The loan will […]

  • Rystad Energy: Oil and gas majors could raise over $27 billion in global selling spree

    18 November 2019

    The global oil and gas supermajors are looking to sell assets that could bring in a total of $27.5 billion, according to energy intelligence firm Rystad Energy.

  • Nido Gets More Time to Complete Seismic Survey Offshore Philippines

    22 June 2012
    Business & Finance

    Nido Petroleum Limited, as Operator of Service Contract 54 offshore Phillipines, announces that the Philippines Department  of Energy (‘DOE’) have agreed to extend Sub-phase 6 for a period of twelve (12) months from 4 August 2012 to 4 August 2013. The twelve (12) month extension to Sub-Phase 6 will enable Nido to complete the ongoing […]

  • Total of France to raise $1.2 billion

    25 November 2015

    French energy giant Total is raising approximately $1.2 billion of new debt financing. The new debt financing will be raised through a “structure combining the issue of non-dilutive cash-settled convertible bonds with the purchase of cash-settled call options to hedge Total’s exposure to the exercise of the conversion rights under the bonds,” Total said on […]

  • Hoegh LNG raises USD 130 million via bond issue

    29 May 2015

    Höegh LNG of Norway has completed the issuance of a USD 130 million senior unsecured bond in the Nordic bond market with maturity date expected to be 5 June 2020. The bond issue will be swapped from floating to fixed interest rate. The bond issue was oversubscribed, Höegh LNG said on Thursday. The net proceeds from […]

  • Costamare wraps up refinancing efforts with $140 million worth of loans

    24 June 2020
    Business & Finance

    Athens-based owner and provider of containerships for charter Costamare has concluded its refinancing program launched at the beginning of this year, securing a total of over $435 million in new loans since January. The conclusion of the refinancing efforts has been marked with the execution of the latest two loans worth a total of $140 […]

  • Norway: TAQA Strengthens North Sea Footprint

    16 September 2010
    Business & Finance

    The Abu Dhabi National Energy Company PJSC (TAQA), a publicly listed company on the Abu Dhabi Securities Exchange (ADX: TAQA), today announced its wholly owned subsidiary, TAQA Bratani Limited  has signed a Sale and Purchase Agreement relating to TOTAL’s entire equity stake of 81% in production licences for two blocks (P.226 Block 210/15a and P.1021 […]

  • Norway: Energy Ministry Puts 51 Licences Up for Grabs

    15 January 2013

    The award of new licences is vital for effective, long-term resource management, says Minister of Petroleum and Energy Ola Borten Moe.

  • Sapura Energy CFO to step down after five years

    22 September 2021
    Business & Finance, Business Developments & Projects

    A CFO at Malaysian oilfield services provider Sapura Energy will step down from his position after more than five years in the role.