5783 results found for 'matuku'

5783 results found for 'matuku'
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  • 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 […]

  • 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 […]

  • USA: Pacific Drilling Raises Funds for Construction of Pacific Zonda Drillship

    5 June 2013
    Business & Finance, Research & Development

    Pacific Drilling S.A. announced 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 2018. Net proceeds from 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 […]

  • 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 […]

  • TGS Faces Charges for Tax Violation

    7 May 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Økokrim, the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime, has presented a criminal charge against TGS  for violation of the Norwegian Tax Assessment Act and the Norwegian Securities Trading Act related to a contract entered into with Skeie Energy AS, later known as E&P Holding AS, in 2009.  The charge claims […]

  • MAN Diesel & Turbo to Power Up Taiwanese Ferry

    13 September 2012
    Business & Finance

    Lienchiang County Government of Taiwan has ordered two 9L32/44CR four-stroke engines to power a Ropax vessel sailing between Keelung and the Matsu islands, an archipelago located close to the Chinese mainland. The medium-speed engines will form part of a complete propulsion system delivered by MAN Diesel & Turbo that also includes reversible gearboxes, MAN Alpha […]

  • VNG picks subsea development concept for Pil & Bue discoveries

    4 November 2016
    Project & Tenders

    Exploration & production company VNG Norge has decided on the preferred development solution for the Pil & Bue discoveries, located in license PL586 in the Norwegian Sea. VNG is the operator of the license with 30% interest, Spike Exploration Holding also has 30% while Faroe Petroleum Norge holds 25%, and Pure E&P Norway 15% stake. Faroe Petroleum […]

  • First steel cut for Petronas’ second FLNG unit – PFLNG2

    16 June 2015
    Infrastructure

    Malaysian oil company Petronas achieved another milestone with the official steel cutting of its second floating liquefied natural gas facility, the PETRONAS Floating LNG2 (PFLNG2) in a ceremony held on June 11, 2015 at the Samsung Heavy Industries (SHI) Shipyard in Geoje Island, South Korea. The PETRONAS delegation was headed by Senior Vice President & […]

  • Danaos Delivers Major Loss due to Impairments

    20 February 2019
    Business & Finance

    Danaos Corporation ended the fourth quarter of 2018 with a major loss due to USD 210.7 million impairment charges.

  • Bureau Veritas Okays DCNS Energies’ Floating Offshore Wind Turbine Foundation

    13 June 2017
    Authorities & Government, Research & Development, Technology

    Classification society Bureau Veritas has issued a preliminary design approval for a floating offshore wind turbine (FOWT) foundation designed by DCNS Energies.

  • Cheniere Partners increases notes offering to $1.5 billion

    13 September 2017

    Cheniere Energy Partners, a limited partnership formed by the US LNG export player Cheniere, increased the size of its previously announced offering of senior secured notes due 2025 to $1.5 billion. The notes will bear interest at a rate of 5.250% per annum and will mature on October 1, 2025, the company said in a statement. Cheniere […]

  • European Commission to Launch Environmental Impact Study

    10 May 2013
    Environment

    Marine renewable energy has enormous potential, however, due care should be taken that possible environmental impacts are brought to a minimum to address public and other stakeholders’ concerns for such projects. To be able to propose technical mitigation measures, a clear understanding is needed of the likely environmental impacts of noise (during both installation and […]

  • Seacor Marine Secures USD 130 Mn Loan

    1 October 2018
    Business & Finance

    SEACOR Marine has entered into a USD 130 million loan with DNB Bank.

  • 25-year PSC chapter paving the way for gas development offshore Vietnam

    4 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Perenco has pinpointed a new production sharing contract (PSC) for an offshore block as a stepping stone toward a final investment decision (FID) for the development of a gas and condensate field off the coast of Vietnam, Southeast Asia.

  • Spirit Energy, Premier Oil pick up UK acreage in licensing round

    4 September 2020
    Authorities & Government, Exploration & Production, Infrastructure, Regulation & Policy

    Premier Oil and Spirit Energy have added a total of 14 new blocks to their UK North Sea portfolio in OGA’s 32nd Offshore Licensing Round.

  • 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 […]

  • Boustead Shipyard Delivers Two Tugs (Malaysia)

    11 October 2013
    Business & Finance

    Boustead Langkawi Shipyard, Malaysia recently delivered two 16m tugs based on the incredibly popular “Sally Mcloughlin” design, a “Macduff Forth 16″ Harbour Tug. The shipyard operations director Datuk Yahya Hashim said in a press release that BHIC had submitted bids for the building of more such vessels to interested parties in the country as well […]

  • Ocean Yield delivers ‘Geco Triton’

    22 December 2014
    Business & Finance

    Norway’s Ocean Yield has informed that the vessel “Geco Triton” has now been delivered to its new owners. The company recently announced the agreement for the sale of the 1991-built seismic vessel Geco Triton. According to the press release, Ocean Yield received net cash proceeds of $8.2 million from the sale of the vessel. In addition, […]

  • Rystad: Indonesia’s oil & gas production to fall short of expectations for 2020

    21 February 2020

    Despite Indonesia’s official projections of an eight percent growth year-on-year, production of both oil and gas will most likely fall in 2020, according to energy intelligence firm Rystad Energy.

  • UK to Maximise Economic Benefits of Offshore Oil and Gas

    10 June 2013

    The economic benefits of offshore oil and gas production, for energy security, jobs, tax revenue and growth are set to be maximised, as the UK Government announced the start of an independently-led review today. The UK’s oil and gas industry is of vital national economic importance, supporting 440,000 jobs, and stimulating business, innovation and skills. […]

  • UK: OGA opens up frontiers in 31st Offshore Licensing Round

    10 July 2018

    UK’s OGA has launched the 31st Offshore Licensing Round, offering blocks in frontier areas of the UKCS.

  • Malaysia: Nam Cheong Splashes First Ever Indigeneously Built Diesel Electric MPSV

    10 December 2012
    Business & Finance

    Nam Cheong Limited, SGX Main Board-listed leading global offshore marine player and Malaysia’s largest Offshore Support Vessel (OSV) builder,  launched on December 8 the first diesel electric multi-purpose platform support vessel (MPSV) ever built in Malaysia, the NC800, commissioned by Bumi Armada in a ceremony at the Group’s dockyard in Kuala Baram, Miri. The NC800 […]

  • Industry majors to tackle safety issues linked to the use of ammonia as fuel

    20 April 2021
    Collaboration, Environment, Regulation & Policy, Research & Development, Rules & Regulation, Safety, Transition

    Industry heavyweights Lloyd’s Register’s Decarbonization Hub, Maersk, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Line, Total and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping are embarking on a new project with the aim of providing guidelines on the safe use of ammonia as a fuel for shipping. Ammonia as a fuel has emerged […]

  • France: Wind Power to Grow by 100 TWh Per Year, Report Says

    23 July 2012
    Research & Development

    Wind power will be the second biggest contributor to global renewable electricity generation by 2017, according to a ground-breaking report by the International Energy Agency (IEA). Despite economic uncertainties in many countries, global power generation from renewable sources including wind will increase by more than 40% to almost 6,400 terawatt hours (TWh) – roughly the […]