5753 results found for 'matuku'

5753 results found for 'matuku'
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  • ADES gets $450M loan for further acquisitions

    23 March 2018

    Egypt’s offshore driller ADES has <span class=”ga”>signed a US$450 million syndicated credit facility to support its recently announced plans to pursue further acquisitions. In addition to funding potential acquisitions, the loan will also be used to refinance the company’s existing debt and to finance anticipated future working capital. The loan comprises three separate tranches, all of which have […]

  • Nido Petroleum: Geochemical Results Confirm Exploration Potential of Deepwater SC 58, Philippines

    3 December 2010
    Business & Finance

    Nido Petroleum Philippines Limited (‘Nido), on behalf of the SC 58 Joint Venture, is pleased to provide an update on the final results of detailed geochemical analysis conducted on the liquid hydrocarbons detected in cores acquired during the multi-beam and deepwater sea-bed coring project in April this year. Preliminary geochemical analysis based on Gas Chromatography […]

  • Chevron picks up two offshore blocks in Brazil

    11 October 2019

    Chevron has been awarded two offshore blocks in the Santos and Campos basins as part of Brazil’s 16th Bidding Round for oil and gas exploration blocks, with its partners Wintershall Dea and Repsol.

  • Greensolver Appoints RenewableUK Man

    18 May 2015

    Julian Brown has been appointed as a Member of the Board at Greensolver as the firm looks to develop its presence in the UK on- and offshore wind markets. Starting this week, Julian will support Greensolver’s UK team in a non-executive role, helping to define the ongoing growth strategy and business plan. He will cooperate with […]

  • Indonesia: INPEX Receives IPA Best Booth Award for Third Consecutive Year

    27 May 2011
    Business & Finance

    INPEX had a major presence at the 35th Annual Indonesian Petroleum Association (IPA) Convention and Exhibition held in Jakarta, Indonesia, from 18th to 20th May 2011. INPEX won the Best Booth Award (over 50m2 section) among 22 PSC Contractor exhibitors, which is a remarkable accomplishment for INPEX. It is the first case for a single […]

  • Petronas Vice President lays out firm’s strategies

    31 March 2014
    Business & Finance

    Petronas has allocated around MYR 1.1 billion until 2018, for our E&P Technology Centre arm to develop innovative and applicable technology to rejuvenate mature oil fields

  • Ørsted names country manager in Japan

    16 September 2020
    Business & Finance

    Ørsted has appointed Jun Kasamatsu as its new Country Manager for Japan, effective from 24 August. According to the Danish company, Kasamatsu is an experienced leader with over 20 years of professional experience in renewable energy, structured finance, and investment banking.  “As Country Manager for Japan, Jun will develop our growing team in Japan. Furthermore, […]

  • UK: Inocean to Assist Statoil in Concept Study for Bressay Field Development

    27 October 2011
    Business & Finance

    Inocean will be assisting Statoil in a concept study for the development of the Bressay Field in the UK sector of the North Sea, west of Norway’s Frigg Field. Statoil acquired operatorship of the Bressay and the neighboring field Mariner in 2007 as a link in its involvement with offshore heavy oil. Since then, test […]

  • Alam and AME Form Subsea Joint Venture

    10 September 2018
    Business & Finance, Operations & Maintenance

    Alam Maritim Resources’ wholly-owned subsidiary, Alam Hidro, and Australian company AME Subsea have entered into a shareholders agreement for the purpose of venturing and providing offshore underwater and subsea services. The services will include a complete work program of underwater, structural and topside inspection, repair and maintenance, particularly in the international markets. In line with […]

  • Nautilus Formalizes Loan Deal with Deep Sea Mining Finance

    11 June 2018

    Nautilus Minerals has entered into a loan agreement with Deep Sea Mining Finance formalizing the previously disclosed secured structured credit facility of up to USD 34 million. Nautilus Minerals entered into the loan agreement with the lender to enable the continuation of the Solwara 1 project offshore Papua New Guinea. In addition, the company will […]

  • PGS Begins Seismic Shoot for Chariot Off Namibia

    18 January 2016
    Operations & Maintenance

    Chariot Oil & Gas, in conjunction with its partners AziNam (20%), NAMCOR (10%) and Ignitus (5%), has started a 3D seismic acquisition of approximately 2,600 square km in Blocks 2312 & 2412A (Central Blocks) offshore Namibia. The survey is being conducted by PGS Exploration (UK) Limited and will fulfil the work commitment for the Central […]

  • Gabon Awards 13 Offshore Blocks

    30 October 2013

    Eleven oil companies have been awarded blocks in Gabon as part of the West African country’s licencing round. According to Reuters, the government has granted 13 blocks.  Once the third largest oil producer in Sub-Saharan Africa, the country is hoping to improve the declining oil output, as large oil fields have matured. According to Reuters, the […]

  • Sungai Besut Dredging Project Gets Boost (Malaysia)

    22 July 2013
    Business & Finance

    The government has agreed to allocate RM250 million to deepen the Sungai Besut estuary for the fishing and tourism industries. Deputy Prime Minister Tan Sri Muhyiddin Yassin said Prime Minister Datuk Seri Najib Tun Razak had approved the allocation for the project which was expected to be implemented early next year. “The Prime Minister had […]

  • IMDC Appoints New CEO

    18 May 2017
    Business & Finance

    International Marine and Dredging Consultants (IMDC) has just announced that Piet Haerens will replace Jos Smits as the company CEO. After 35 years of service, of which 21 as CEO, Jos Smits asked the Board of Directors to reduce his involvement and to transfer the responsibility of managing IMDC to a successor. “Piet will be […]

  • Petrobras settles $5 billion of debt in December

    28 December 2017
    Business & Finance

    During December, Brazilian state-controlled oil and gas company Petrobras made debt prepayments in the total amount of $5.1 billion. The prepayments were executed directly or through Petrobras-controlled companies, the company said on Wednesday. The prepayments were executed with the following creditors: BNDES , Morgan Stanley, Export Development Canada (EDC), Santander, The Bank of Tokyo-Mitsubishi UFJ, Citibank, Kreditanstalt für […]

  • Teekay LNG Partners Heading to Norwegian Bond Market

    18 October 2016
    Business & Finance

    Owner and operator of liquefied natural gas carriers Teekay LNG Partners has revealed plans to issue new five-year senior unsecured bonds in the Norwegian bond market as the company is looking to secure more funds. The shipowner said that the net proceeds from the bonds are expected to be used for refinancing NOK bonds maturing […]

  • Scorpio Tankers Secures Funding for Eight Newbuildings

    19 January 2017
    Business & Finance

    NYSE-listed Scorpio Tankers has received commitments for a loan facility of up to USD 172 million from a group of financial institutions which will be used to finance up to 60% of the market value of eight MR product tankers under construction at Hyundai Mipo Dockyard in South Korea. The eight newbuilding tankers are scheduled […]

  • Bureau Veritas backs Bardot Group’s floating OTEC

    17 October 2016
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    The latest floating ocean thermal energy conversion (OTEC) concept from Bardot Group has been approved by the classification agency Bureau Veritas.

  • Petronas nets 10-year LNG supply deal with Hokkaido Electric

    9 March 2017
    Project & Tenders

    Malaysian energy giant Petronas, through its unit Malaysia LNG, Signed a 10-yeal liquefied natural gas supply deal with the Japanese utility Hokkaido Electric Power.

  • Venko Secures Offshore Wind O&M Contract

    9 August 2017
    Operations & Maintenance, Project & Tenders

    Following a competitive tender process, Venko Offshore has been awarded an offshore wind farm framework agreement for maintenance and integrity services to an undisclosed blue chip client.

  • 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 […]

  • Atkins, MODEC and Ulstein Win Hywind Installation Challenge

    4 August 2015
    Research & Development

    Atkins, MODEC and Ulstein have been named as winners of Statoil’s most recent innovation campaign, the Hywind Installation Challenge. The chosen designs are now undergoing further study to help mature the winning concepts. The Innovation Challenge campaign looked to others within the energy sector to make the Hywind concept available in more markets around the world. […]

  • China Longyuan Wraps Up CNY 2 Bn Debenture Offering

    2 February 2016
    Business & Finance

    China Longyuan Power Group Corporation Limited, China’s largest wind power producer, has completed the issuance of CNY 2 billion (EUR 279 million) of ultra short-term debentures with a term of 270 days. China Longyuan will use the proceeds raised from the debentures for replenishment of working capital and replacement of matured bank loans so as to adjust the debt […]

  • WindFloat Atlantic Producing Power

    3 January 2020

    The WindFloat Atlantic offshore wind project in Portugal has begun producing power. The project’s first MHI Vestas 8.4MW turbine began generating power after being connected on 31 December 2019. “The commissioning of the WindFloat Atlantic project demonstrates the maturity and commercial readiness of floating offshore wind technology,” said Principle Power CEO João Metelo. “As the […]

  • Poland: LNG Energy Announces Additional Lebork S-1 Well Core Analysis

    6 September 2011

    LNG Energy Ltd. (LNG) announced that it has received additional data from the Lebork S-1 and Wytowno S-1 wells drilled on the adjacent Polish Slawno and Slupsk concessions in which LNG has an indirect 20% interest through its ownership of Saponis Investments Sp z.o.o (Saponis). The new data from Saponis’ third party contractors consists of […]