5753 results found for 'matuku'

5753 results found for 'matuku'
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  • Low oil price to boost decommissioning on UKCS. 140 fields could cease over the next five years

    9 September 2015

    A high oil price has enabled operators to extend field life and delay decommissioning time and time again on the UK continental shelf (UKCS), however the current low oil price has brought into stark relief that this cannot continue indefinitely concludes a new analysis by Wood Mackenzie. The report, prepared for Offshore Europe 2015, forecasts […]

  • Polarcus Asima completes 3D seismic survey offshore Namibia

    11 April 2014
    Project & Tenders

    Pancontinental Oil & Gas NL has announced an extensive 3D seismic survey has been completed within its highly prospective offshore acreage in licence area EL 0037 offshore Namibia, southwest Africa. The 3D acquisition, over approximately of 3,000km2, covers a number of strong “Leads” that have already been mapped on existing 2D seismic data. A second 2D acquisition phase will […]

  • Moody’s Changes Outlook for Cameron to Positive (USA)

    23 August 2013
    Business & Finance

    Moody’s Investors Service (Moody’s) changed the outlook for Cameron International Corporation (Cameron) to positive on the strength of record backlog levels, a higher proportion of revenues derived from after-market sales, and continuing conservative financial policies. “The positive outlook reflects Cameron’s record-level, $10.5 billion backlog and growing share of after-market sales, both of which will reduce […]

  • SBM Offshore Raising Money for FPSO Refurbishment

    11 October 2012
    Business & Finance

    SBM Offshore priced its first US Private Placement project bond of US$ 500 million for the FPSO Cidade de Anchieta. Yesterday, SBM Offshore successfully priced an inaugural US$ 500 million US Private Placement project bond with 16 Institutional Investors. The bond which is rated Baa2/BBB by Moody’s and Fitch carries a 5.5% fixed coupon for […]

  • Premier Oil Leaves Block L10A Offshore Kenya

    9 December 2013

    Having conducted a further exploration review, Premier Oil has withdrawn from Block L10A, offshore Kenya. The company retains its 25 per cent equity in the adjacent Block L10B. Prospect maturation of this block is ongoing and a ‘drill or drop’ decision will be made by mid-2014. Simon Lockett, Chief Executive, said: “Whilst we remain committed to […]

  • Saudi Aramco says looking at new ventures around globe

    10 May 2016

    DHAHRAN, Saudi Arabia (Reuters) – State oil company Saudi Aramco wants to expand globally and is looking at potential joint ventures in several countries, including Indonesia, India, the United States, Vietnam and China, chief executive Amin Nasser said on Tuesday. “We are looking at the current market status that, even though challenging, is an excellent […]

  • Polarcus thinking of bond issue

    24 June 2014
    Business & Finance

    Polarcus Limited has announced that the Company is contemplating a new senior unsecured bond issue with proposed maturity in July 2019. Net proceeds from the bond issue will be used to refinance existing debt, including the NOK 226 million outstanding under the NOK 230 million bond issue with ISIN NO 0010628217 (PLCS01), and for general […]

  • Samsung Electronics to Buy USD 192 Mn of SHI Shares

    6 April 2018
    Business & Finance

    Samsung Electronics intends to participate in Samsung Heavy’s rights offering by investing KRW 204.06 billion.

  • Teekay Agrees to Shed Remaining Stake in Teekay Offshore

    30 April 2019
    Business & Finance

    Teekay is to sell remaining interests in Teekay Offshore Partners to Brookfield for USD 100 million.

  • Aker Solutions Completes Sale of Aker Marine Contractors to Ezra Holdings (Singapore)

    1 March 2011
    Business & Finance

      Aker Solutions confirms the transaction details given in the announcement on 22 October 2010. In the transaction, AMC is valued at USD 250 million. Ezra has settled the transaction by paying Aker Solutions USD 50 million in cash, USD 100 million in shares in Ezra Holdings Ltd, and USD 50 million in a convertible […]

  • Cheoy Lee Lands Two RAmpart ASD Tugs

    4 February 2014

    Port of Tauranga and Cheoy Lee shipyard have signed contracts for the construction of two new tug boats. The shipyard will build two RAmparts 2500w Ship-Assist Tugs under the contracts. The proven RAmparts design is by Robert Allan, one of the world’s leading tug designers. These vessels are 24m Azimuth stern drive (ASD) tugs. They will […]

  • Hijackers Board Oil Tanker off Indonesia

    15 October 2015
    Business & Finance

    The Liberia-flagged oil/products LR tanker MT Almi Spirit was boarded by six pirates in the Strait of Singapore today, Admiral Datuk Ahmad Puzi Ab Kahar, the Director General of Malaysian Maritime Enforcement Agency (MMEA), reported via Twitter. The six men boarded the 2007-built tanker at around 7 a.m. local time in Indonesian waters, while the vessel was en route […]

  • European Wind Power Market Experiences Hard Time in Past Two Years

    9 January 2012

    Reportlinker recently announced  new catalog with information on a new wind power market research. The European wind power market has experienced a tough period during the last two years due to the economic downturn and weaker demand for wind energy. At this point, project financing issues and over capacity in the market have contributed to […]

  • VIDEO: TSHD “Inai Kenanga” Launching Ceremony (Malaysia)

    23 August 2013
    Business & Finance, Vessels

    Malaysia yesterday launched its largest and the world’s third biggest trailing suction hopper dredger, named “Inai Kenanga”. The dredger was launched by Datin Seri Rosmah Mansor, the Prime Minister Datuk Seri Najib Abdul Razak’s wife, in Pantai Acheh, Pulau Indah. “It is absolutely unthinkable that a local company can produce a vessel that is recognised […]

  • Statoil Halts Veslefrikk Drilling Due to Seismic Interpretation

    12 March 2015

    Statoil announced that the licence partners have decided to temporarily halt drilling on Veslefrikk. The stoppage is due to the time that will be needed to interpret new seismic data, which can help in bringing profitable new drilling targets on the field to maturity. The drilling stoppage is expected to last for a minimum of […]

  • SEA Nets Woodside’s Scarborough Deal

    31 July 2018
    Project & Tenders

    Subsea Engineering Associates (SEA) has secured a contract from Woodside Energy for Define Phase engineering services for the Scarborough development export trunkline. The contract will enable SEA to utilize its ICE Platform, and enable rapid delivery of engineering and a mature digital basis of design to be carried into FEED. SEA have subcontracted INTECSEA to provide […]

  • FMC Technologies Wins LWI Services Contract Extension from Island Offshore

    2 May 2013
    Business & Finance, Project & Tenders

    FMC Technologies, Inc. announced that it has been awarded a two year extension to an existing contract by Island Offshore Management AS (Island Offshore) to provide Light Well Intervention (LWI) services. The LWI services will be performed from Island Offshore’s Island Constructor vessel on wells operated by BP Exploration Operating Company Ltd (BP). LWI services […]

  • Hess Finds 1 Billion Reasons to Sell Its Offshore Assets in Azerbaijan

    9 September 2012

    Hess Corporation has agreed to sell its 2.72 percent interest in the Azeri, Chirag and Guneshli Fields (ACG) in Azerbaijan and its 2.36 percent interest in the associated BTC pipeline to ONGC Videsh Ltd. for $1 billion. The transaction, expected to close in the first quarter of 2013, is subject to Indian and other government […]

  • Germany: Linde Launches 1 Billion EUR Bond

    6 September 2012

    Linde AG has yesterday placed EUR 1 bn of senior notes with an 8-year maturity. The bond, with a coupon of 1.75 % issued under the EUR 10 bn EMTN programme, was priced at 35 basis points over MidSwaps. The transaction was three times oversubscribed with huge demand from high quality institutional investors and retail […]

  • COSL Buys Two Jack-Up Drilling Rigs

    19 August 2013

    China Oilfield Services Limited , an oilfield services provider in the offshore China market, announced that it has recently purchased two jack-up drilling rigs which are still under construction. The two rigs were named COSLHunter and COSLGift. Designed by the Dutch-based GustoMSC B.V. and being constructed by China Merchants Heavy Industry (Shenzhen) Co., Ltd., these […]

  • Port of Tauranga Orders Two New Tugs

    4 February 2014
    Business & Finance

    Port of Tauranga has signed a contract for two new tug boats. Cheoy Lee, of Hong Kong, has been awarded this contract to construct two RAmparts 2500w Ship-Assist Tugs. The proven RAmparts design is by Robert Allan, one of the world’s leading tug designers. These vessels are 24m Azimuth stern drive (ASD) tugs. They will […]

  • Golar LNG Partners mulls bond issue

    11 May 2015

    Bermuda-based Golar LNG Partners said it is contemplating issuing new senior unsecured bonds in the Norwegian bond market. The bonds will be denominated in US dollars and mature in May 2020. The net proceeds from the bond issue shall be used to repay debt, including shareholder loans, and for general corporate purposes, Golar LNG Partners […]

  • APPEA: Regional Planning Bill to Provide All Stakeholders with Certainty

    21 March 2014

    The Regional Planning Interests Bill 2013 passed by the Queensland Parliament is the result of constructive engagement between the gas industry, agricultural sector representatives and the State Government, APPEA said in a statement. “While APPEA is continuing to work through the detail of the Bill and Regulation, the framework is an example of what can […]

  • Hapag-Lloyd Ups Volume of Euro Bond Offering

    5 July 2017
    Business & Finance

    German shipping major Hapag-Lloyd has increased the volume of its euro bond offering from EUR 300 million to EUR 450 million due to high demand, the company informed. The proceeds will be used to redeem Hapag-Lloyd’s existing 7.75% and 7.50% senior euro notes due 2018 and 2019. The senior notes are issued with a maturity of […]

  • Scottish Renewables: RSPB Reaffirms Its Strong Support for Renewable Energy

    24 May 2016

    Scottish Renewables has welcomed the launch of the RSPB’s ‘2050 Energy Vision’, which shows UK can reach its 2050 climate targets by building renewable energy infrastructure without harming wildlife and protected areas. Lindsay Roberts, Senior Policy Manager at Scottish Renewables, said: “It is positive to see the RSPB is once again able to reaffirm its strong support […]