5753 results found for 'matuku'

5753 results found for 'matuku'
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  • Golar LNG Clinches USD 700 Mn Financing for FLNG Gimi

    17 April 2019
    Business & Finance

    Golar LNG received a firm USD 700 million financing commitment for the FLNG Gimi.

  • Maersk Oil: There Is More Oil and Gas to Be Found in Danish North Sea

    27 June 2012
    Business & Finance

    Maersk Oil will drill an exploration well on the Maja licence in the Danish North Sea after the Danish Energy Agency (DEA) granted it a two-year extension to two licences in the region. The well will target a High Pressure High Temperature (HPHT) prospect in the licence and will be drilled within the next two […]

  • Euronav Completes Debt Financing of Maersk VLCC Fleet Acquisition

    5 February 2014
    Business & Finance

    Euronav NV has reported that debt financing of the Maersk VLCC fleet acquisition is completed. Namely, the company has issued a USD 235 million 7-year bond to the same investors who participated in the capital increase of 13 January 2014 and it has signed a commitment letter for a USD 500 million senior secured credit […]

  • SPX: Statoil Hires ClydeUnion Pumps for AESP Project (UK)

    22 April 2013
    Business & Finance, Equipment, Project & Tenders, Research & Development

    Statoil ASA has employed the services of SPX’s ClydeUnion Pumps as prime contractor in the development of the next generation Advanced Electrical Submersible Pump (AESP). The AESP will be designed to address the offshore oil and gas industry’s increasingly challenging operating conditions. During the upcoming SPE Gulf Coast ESP Workshop, April 24-26, Statoil will deliver […]

  • Well-Centric Nets Chrysaor North Sea Contract

    20 November 2017
    Project & Tenders

    Well-Centric has secured a contract worth up to £300,000 per year with independent exploration and production company, Chrysaor. The one-year contract, which has two, one-year extension options, will see Well-Centric provide offshore services across three North Sea platforms: Lomond, Everest and Armada. Services include surface wellhead and xmas tree repair, testing and maintenance. Annulus top-up […]

  • Energean Gets DNV GL Nod for Karish and Tanin FPSO

    8 May 2018
    Equipment

    Energean Oil & Gas has received class approval from DNV GL for the basic design of the newbuild Floating Production Storage and Offloading (FPSO) vessel that will be deployed at its Karish and Tanin development, offshore Israel. “This rapid obtainment of class approval reflects the maturity of the FPSO design at Final Investment Decision (FID) […]

  • E.ON Reduces Gross Debt by €1 Billion

    3 July 2014
    Business & Finance

    E.ON has reduced its gross debt by €1 billion. This is the result of an offer to bondholders to repurchase three bonds with maturities from 2015 until 2017 that have an aggregate nominal value of about €5 billion. The buyback offer was limited to a nominal value of about €1 billion. The eight-day offer period […]

  • Boskalis successfully completes USD 450 million inaugural US Private Placement

    26 July 2010

    Royal Boskalis Westminster N.V. has successfully closed an inaugural USD 450 million US Private Placement Notes program with 26 institutional investors in the United States and United Kingdom. The significantly oversubscribed program consists of three tranches with maturities of 7, 10 and 12 years and was issued in both US dollars and Sterling. The US […]

  • ConocoPhillips selling Cook Inlet assets

    29 July 2015

    ConocoPhillips Alaska (COPA) said it is in the initial stages of marketing its North Cook Inlet Unit and interest in Beluga River Unit. The company regularly reviews its assets to ensure the asset portfolio is optimized; this is an ongoing part of managing the business, the company said in a statement. While historically significant to […]

  • Seadrill Limited Sells T15 Tender Rig

    7 May 2013
    Business & Finance

    Seadrill Limited (“Seadrill) has today entered into an agreement to sell the companies that own and operate the tender rig T15 to Seadrill Partners LLC for a total consideration of US$210 million, less approximately US$100 million of debt outstanding under the credit facility secured by the T15. The balance of the acquisition price will be […]

  • Det Norske Pleased with APA 2012 Results (Norway)

    21 January 2013
    Business & Finance

    Last week, the Ministry of Petroleum and Energy announced the award of production licenses in the 2012 Awards in Predefined Areas (APA) licensing  round, encompassing mature areas on the Norwegian Continental Shelf.  Det norske oljeselskap ASA was awarded eight new licenses, three of three as operator. In total 40 companies were offered shares in the […]

  • Total raising $1.2 billion

    25 November 2015

    French oil and gas company Total is raising approximately $1.2 billion of new debt financing. The company said the new debt financing would be raised through a structure combining the issue of non-dilutive cash-settled convertible bonds with the purchase of cash-settled call options to hedge Total’s exposure to the exercise of the conversion rights under […]

  • Premier gets deferral of financial covenants test

    1 July 2016

    UK oil company Premier Oil has informed that its lending group has agreed to defer and replace the test of its financial covenants. Premier, which is in discussions with the lending group on the terms of its existing financial facilities, said on Friday that the talks were progressing well and that the company’s test of financial covenants at […]

  • Ocean Yield Completes 6 Mega Boxships Share Acquisition Deal

    6 July 2016
    Business & Finance

    Norwegian ship-owner Ocean Yield ASA has formally acquired 49.5 percent in six newbuilding mega boxships owned by Quantum Pacific Shipping, a part of Quantum Pacific Group. The company’s investment in the 19,500 TEU vessels being under construction at Samsung Heavy Industries was announced on June 20. The first two vessels, the MSC Diana and the MSC […]

  • Songa Bulk Collects USD 75 Mn for Additional Ships

    30 May 2017
    Business & Finance

    Norwegian shipowner Songa Bulk ASA has completed the issuance of a USD 75 million senior secured bond to finance acquisition of additional dry bulk vessels. The company said that the bond issue, which has a total borrowing limit of USD 150 million, was oversubscribed and “received strong demand from high quality investors.” Settlement is expected to be […]

  • Germany: Rickmers Bond Increased by 50 Million EUR

    4 November 2013
    Business & Finance

    Rickmers Holding GmbH & Cie. KG, parent of the Rickmers Group of shipping companies, has increased its corporate bond placed in June 2013 by 50 million Euros to 225 million Euros in a private placement to institutional investors. The notes have a maturity of five years and an annual coupon of 8.875 per cent. The […]

  • TNK-BP: Orenburgneft Produced 26 Pct More Gas in 2012 (Russia)

    30 January 2013

      TNK-BP announced that OJSC Orenburgneft (a TNK-BP Group company) produced 3.4 bcm of gas in 2012, which is 26% more than in 2011. TNK-BP has been implementing a large-scale program aimed at production development in the mature fields of the Orenburg Region, one of the oldest petroleum provinces in Russia which has been exploited […]

  • Atlantis’ ongoing bond offer raises £4.6M

    21 July 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Atlantis Resources has almost reached the coveted target of £5 million through its ongoing bond offer on the Abundance Platform.

  • Pertamina: Small Scale LNG Right Choice for Eastern Indonesia

    7 May 2013

      The adoption of Small Scale LNG is the right choice in providing primary energy in East Indonesia region with the potential to save up to US$5.4 billion worth of fuel annually, Pertamina said in a statement. Currently the electricity production cost in East Indonesia, such as Sulawesi, Papua, Maluku and Nusa Tenggara now is […]

  • China Approves Beibu Gulf Project EIA

    27 February 2012
    Business & Finance

    Roc Oil (China) Company advises that the Chinese Government’s State Oceanic Administration (SOA) has approved the Environmental Impact Assessment (EIA) for the Beibu Gulf project, which comprises the development of the WZ 6-12 and WZ 12-8 West oil fields located in the South China Sea. Approval of the EIA allows offshore development activities to commence. […]

  • Fred. Olsen enters green loans for jack-up trio

    24 June 2020
    Business & Finance, Vessels

    Fred. Olsen Windcarrier has entered into two new long-term non-recourse debt financing arrangements related to the Brave Tern, Bold Tern and Blue Tern jack-up vessels under its indirect ownership. In conjunction with the financing, the company established a green loan framework with an eligibility assessment from DNV GL, which enables new investments to be financed with […]

  • Malaysia: TNB Invests in Ringlet Lake Dredging

    31 October 2013
    Business & Finance

    Sediments and debris as a result of frantic upstream development activities in Cameron Highlands forces Tenaga Nasional Berhad to spend more than RM180 million over the past five years for dredging and cleaning up the Ringlet Lake and Sultan Abu Bakar Dam. Energy, Green Technology and Water Minister Datuk Seri Dr Maximus Ongkili said that […]

  • Teledyne Optech makes first delivery of CZMIL SuperNova

    23 June 2021
    Business & Finance, Technology

    Teledyne Optech has delivered its next-generation geospatial bathymetric lidar CZMIL SuperNova to Norwegian mapping firm Terratec. Terratec is the first private company to acquire the CZMIL SuperNova since Teleydne Optech launched it in mid-June. “Terratec is excited to be the first customer worldwide to take advantage of the new CZMIL SuperNova sensor. We have been following the […]

  • Magseis Fairfield Participates in New Multi-Client Project

    19 November 2019
    Business & Finance, Operations & Maintenance, Project & Tenders

    Magseis Fairfield has entered into an agreement with an unnamed multi-client company to participate in a multi-client project, expected to start late in the first quarter of 2020. “This is the first phase of a multi-year campaign which will bring industry leading nodal acquisition and data processing to re-image a mature basin. The project has […]

  • FSL in Talks to Extend USD 479 Mn Loan

    19 December 2017
    Business & Finance

    Singapore-based FSL Trust Management has launched negotiations with lenders to extend the maturity of its USD 479.5 million loan by one year. A total of USD 165.6 million remains to be repaid under the facility, which dates back to December 2011. “A majority of the lenders under the syndicated loan facility have indicated their support for […]