5711 results found for 'matuku'

5711 results found for 'matuku'
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  • Pacific Drilling signs up for $500 M loan

    31 October 2014
    Business & Finance, Project & Tenders

    Pacific Drilling S.A. has signed a revolving credit facility with an aggregate principal amount of up to $500 million. Prior to delivery of the Pacific Zonda drillship, up to $350 million is available under the $500 million revolving credit facility. The remaining $150 million will become available following the delivery of the Pacific Zonda upon […]

  • Wood Group PSN gets more time to decide on marginal fields initiative

    11 March 2014
    Business & Finance, Equipment

    Enegi and ABTechnology, the owners of ABT Oil & Gas, have agreed to extend the option agreement with Wood Group PSN (‘WGPSN’) until 31 March 2014. The option agreement allows WGPSN the possibility to expand its participation in the development of the marginal field initiative, initiated by Enegi and ABT. Alan Minty, CEO of Enegi, said: “The […]

  • 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 […]

  • Malaysia Marine and Heavy Engineering Receives Industry Excellence Award 2010

    28 March 2011

      Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) was awarded the Industry Excellence Award 2010 by the Ministry of International Trade & Industry (MITI) on 24 March 2011. MMHE received the Export Excellence Award – Services category from the Minister of International Trade and Industry Malaysia, Dato’ Seri Mustapa Mohamed. Accepting on behalf of […]

  • Innogy to Refinance Four OWFs with Its First Green Bond

    13 October 2017
    Business & Finance

    On 12 October, innogy issued its first Green Bond worth EUR 850 million and will use the proceeds to refinance four offshore wind farms in the UK and Germany and one onshore wind farm in the Netherlands.

  • 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 […]

  • 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.

  • KPMG: New strategy needed for North Sea decommissioning activity

    11 August 2015

    Oil and gas operators will have to approach the challenge of decommissioning in new ways if the goal of maximising economic recovery from the UKCS is to be achieved, according to a report from professional services firm KPMG. In its Decommissioning Strategy: A New Imperative for E&P Firms report KPMG states that adopting a more […]

  • 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.

  • 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 […]