5737 results found for 'matuku'

5737 results found for 'matuku'
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  • 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. […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Nigeria: FG to Dredge River Benue Soon

    3 May 2013
    Business & Finance

    The Federal Government said on Saturday that it would soon dredge River Benue up to Yola frenzies in Adamawa. Information Minister Labaran Maku announced this at a town-hall meeting in Gusau as part of the on-going Good Governance Tour to Zamfara. Maku said the government had concluded arrangement for dredging that would pass through Benue and terminate in Yola. He explained that apart […]

  • Offshore regulator calls for bids on three parcels in Jeanne d’Arc region

    4 April 2017

    Canadian offshore oil & gas regulator, the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB), has issued a Call for Bids in the Jeanne d’Arc region under the Scheduled Land Tenure Regime. The Scheduled Land Tenure system is designed to provide increased timeframes for calls for bids in more frontier areas of the Canada-Newfoundland and Labrador […]

  • Volstad Seeks Financial Lifeline

    25 May 2016
    Business & Finance, Operations & Maintenance, Project & Tenders

    Norwegian vessel owner Volstad Maritime has been looking into commercial and financial options to secure a sustainable financial position going forward as its subsidiary Volstad Subsea does not have sufficient funds to redeem the NOK 600 million ($72 million) bond at its upcoming maturity. Namely, in July 2013, Volstad Subsea AS took a bond loan of NOK 650 […]

  • UK: Xcite Secures Funds for Bentley Field Development

    8 August 2012
    Business & Finance

    Xcite Energy yesterday closed on the issue of US$10 million of unsecured Loan Notes to a fund managed by West Face Capital Inc. The funds will be used to provide contingency funding during the important Phase 1A work programme on the Bentley field. The Loan Notes have an initial term of 236 days and, subject […]

  • Polarcus’ Seismic Projects in Spotlight after FAN-1 Oil Discovery

    9 October 2014
    Business & Finance

    The FAN-1 oil discovery offshore Senegal announced by Cairn Energy and its joint venture partners on 07 October is exciting news for companies exploring this northwest African shelf. The basic play model is similar along the entire paleo continental shelf edge from Senegal to Guinea-Bissau and the discovery proves up the existence of a petroleum […]

  • Brazil: OSX Gets USD 227.9 Mln Loan for Its Acu Shipbuilding Unit

    11 January 2012

    OSX, an EBX Group company focused in providing equipment and services for the offshore oil and gas industry, by means of integrated operations in shipbuilding, leasing of exploration and production (E&P) units, and operation and maintenance (O&M) services, received a USD 227.9 million disbursement under a bridge loan entered into with the Brazilian Economic and […]

  • Genco Agrees USD 460 Mn Refinancing

    10 May 2018
    Business & Finance

    Genco has entered into a commitment letter for a five-year USD 460 million senior secured credit facility.

  • Annual Spending on Transmission Systems to Reach USD 46.7Bn in 2025

    8 February 2017

    Annual global spending on transmission system infrastructure for large-scale renewable energy integration is expected to grow from USD 36.7 billion in 2016 to USD 46.7 billion in 2025, according to a new report from Navigant Research.

  • BC Ferries Looking to Raise USD 188 Mn with Bond Issue

    9 October 2019
    Business & Finance

    The net proceeds will provide for capital expenditures, general corporate purposes and fund the series reserve account.

  • Havyard thinking of bond issuance

    4 June 2014

    Havyard Group ASA contemplates the issuance of a new senior unsecured bond in the Norwegian bond market with maturity in June 2017.

  • Silk wins Tembikai support job

    4 June 2015

    Silk Holdings Bhd has through its subsidiary Jasa Merin won a contract by Vestigo Petroleum to provide vessel services to support Vestigo’s drilling program and production for Tembikai Field Development in Malaysia. The contract, starting at the third week of June 2015, is for a primary term of two years. The contract, estimated to have a value of approximately RM 21.170 million […]

  • USA: El Paso Pipeline Partners Closes New Revolving Credit Facility

    5 June 2011

      El Paso Pipeline Partners announced that it has closed on a new revolving credit facility. The new $1.0 billion EPB facility increases its revolving credit capacity from the previous $0.75 billion facility and now matures in 2016. The credit terms are similar to the previous facility, with the exception that certain restrictive covenants will […]

  • Boustead: Two Macduff – Designed Tugs Delivered

    11 October 2013

    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 […]

  • Odfjell Completes USD 61 Mn Bond Issue

    9 September 2016
    Business & Finance

    Norwegian shipping and tank terminal company Odfjell SE has completed a new unsecured bond issue of NOK 500 million (USD 61 million). The company said that the bond issue, which has a maturity date in September 2019, was significantly oversubscribed. The net proceeds from the contemplated bond issue, announced on September 7, will be used for general corporate purposes, […]

  • Teekay LNG sets price for its Norwegian bond offering

    23 August 2018

    Teekay LNG Partners has set a price of 850 million Norwegian krone in new bonds that mature in August 2023 in the Norwegian bond market.

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]