5711 results found for 'matuku'

5711 results found for 'matuku'
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  • Nam Cheong Appoints New CEO (Malaysia)

    21 May 2013

    Nam Cheong Limited Malaysia’s largest Offshore Support Vessel (“OSV”) builder, today announced the appointment of Leong Seng Keat as the Group’s Chief Executive Officer with immediate effect. He was Nam Cheong’s Executive Director, and the new appointment is in line with the Group’s strategy to strengthen and streamline the management team as it embarks on […]

  • Seadrill Limited Sells T-16 Tender Rig to Seadrill Partners

    14 October 2013
    Business & Finance

    Seadrill Limited has entered into an agreement to sell the company that owns the tender rig T-16 to Seadrill Partners LLC for a total purchase price of US$200 million, less approximately US$93 million of debt outstanding under the credit facility secured by the T-16. Seadrill Partners will acquire the company that owns the T-16 in […]

  • Polarcus in Board Restructuring (UAE)

    3 July 2012
    Business & Finance

     Polarcus’ Board of Directors yesterday accepted the resignation of Carl-Peter Zickerman as a Director of the Company. With the previously announced delivery of the 3D seismic vessel, POLARCUS ADIRA, on 21 June 2012 marking the completion of the Company’s eight vessel building program, Polarcus has entered a new phase of maturity. Carl-Peter Zickerman together with […]

  • PGS to Shoot Seismic for OKEA near Draugen

    1 July 2019
    Operations & Maintenance

    OKEA and partners, Petoro and Neptune Energy Norge, have agreed to continue exploration licence PL958, east of the OKEA-operated Draugen field. The decision comes six months after OKEA assumed operatorship. This commits the licence partners to acquire new 3D seismic data and they have already decided to prefund a 3D seismic multi-client acquisition by PGS. […]

  • Aibel Inks Gudrun Deal

    15 November 2018
    Business & Finance, Operations & Maintenance, Project & Tenders

    Aibel has been awarded the FEED contract for Gudrun Phase 2 Water Injection. The contract with Equinor also includes an option for the actual implementation (EPCI). The FEED phase (front end engineering design) starts immediately at Aibel’s headquarters in Stavanger and in Haugesund. The project will involve 45-60 people until delivery in June 2019. The […]

  • Well-Centric Names New Business Development Manager

    3 April 2018
    Business & Finance

    Well-Centric has appointed Michael Scott as its new business development manager. Prior to his appointment, Michael was technical sales manager for strategic projects at Babcock LGE. Gary Smart, Well-Centric CEO, said: “I’m delighted to welcome Michael to Well-Centric at an exciting time for the business. We are looking to support and grow our customer base […]

  • Statoil halts Veslefrikk drilling

    12 March 2015
    Exploration & Production

    Statoil has informed that the licence partners have decided to temporarily halt drilling on Veslefrikk field, located in the North Sea.  According to Statoil, 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 […]

  • Diana Shipping Closes USD 100 Mn Bond Offering

    28 September 2018
    Business & Finance

    Diana Shipping closed its USD 100 million bonds placement maturing in September 2023.

  • Petronas Cuts Steel for Second FLNG

    16 June 2015
    Business & Finance

    Malaysian oil and gas company Petroliam Nasional Berhad (Petronas) cut steel for its second floating liquefied natural gas facility, the Petronas Floating LNG2 (PFLNG2), in a ceremony held on June 11 at the Samsung Heavy Industries (SHI) Shipyard in Geoje Island, South Korea. The steel cutting signifies the beginning of a mega construction phase of the hull and […]

  • Matson Closes USD 200 Mn Debt Placement

    15 September 2016
    Business & Finance

    US-based container carrier Matson said it finalized a USD 200 million private debt sale, proceeds from which would be aimed at paying down the company’s revolving credit facility. Proceeds from the debt placement are also expected to be used for general corporate purposes, according to Matson. The 15-year final maturity senior unsecured notes will have a weighted average life of […]

  • Exoma: Rocky Creek‐1 Well Completed, Australia

    10 September 2012

    Exoma Energy Limited announced the Rocky Creek‐1 exploration well in ATP999P has been completed on Saturday 8 September 2012. The well was drilled to a total depth of 963 metres and cored 43.6m including a 27 metre section of the Toolebuc Shale formation. The shale samples will be subject to geochemical analysis. The data from […]

  • Songa Bulk Considering Tap Issue to Buy More Ships

    21 September 2017
    Business & Finance

    Norway-based shipping company Songa Bulk ASA is contemplating a tap issue in order to use the net proceeds for the acquisition of additional dry bulk vessels. The target amount is USD 18 million in the senior secured bond Songa Bulk ASA 17/22 FRN USD C, with a maturity on June 13, 2022. The current outstanding […]

  • Sky Petroleum Agrees on Second Mubarek Well Location

    26 July 2006

    Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with a development project in the United Arab Emirates, is pleased to provide an update on the Mubarek Field Project. Sky Petroleum and Crescent Petroleum Company International Limited (“Crescent”), the operator of the Mubarek Field, have agreed on a second well location to be drilled […]

  • Spain’s Balearia orders two LNG ferries

    1 February 2017
    Project & Tenders, Vessels

    Spanish shipping company Baleària has ordered two LNG-fueled ferries at the Italian shipbuilder Cantiere Navale Visentini. The order comes less than a year after Baleària had ordered an LNG-powered ferry at the Spanish shipyard LaNaval. The latest order includes two dual-fuel gas engine sister ferries, measuring 186.5 meters in length and a capacity for 810 people. The order […]

  • Olympic Ship extends stand-still to complete restructuring

    26 December 2016
    Business & Finance, Vessels

    Olympic Ship has secured an extension to the stand-still agreement from its lenders to conclude the ongoing financial restructuring within the company.

  • Germany: EnBW Raises EUR 250 Million

    15 March 2012

    EnBW Energie Baden-Württemberg AG, Karlsruhe, successfully increased the hybrid bond issued in October 2011, which had an initial volume of € 750 million, by a further € 250 million. The bond met great investor interest and was oversubscribed several times. The terms of the increase correspond to those of the bond issued in October and […]

  • Germany: EnBW Raises EUR 250 Million

    15 March 2012

    EnBW Energie Baden-Württemberg AG, Karlsruhe, successfully increased the hybrid bond issued in October 2011, which had an initial volume of € 750 million, by a further € 250 million. The bond met great investor interest and was oversubscribed several times. The terms of the increase correspond to those of the bond issued in October and […]

  • Nordic Roadmap: Immediate government action needed to close fuel transition cost gap

    4 December 2024
    Market Outlooks, Outlook & Strategy, Transition

    The Nordic Roadmap project has unpacked the Fuel Transition Roadmap for Nordic Shipping, a “comprehensive” report that urges Nordic ministers to take immediate action to support the maritime industry in achieving its environmental goals by closing the cost gap associated with the fuel transition. As informed, the document’s findings and recommendations, submitted on December 3, […]

  • Roc Oil: Exploration Drilling Kicks Off in South China Sea

    2 October 2012

    Roc Oil (China) Company, a wholly owned subsidiary of ROC and the operator of Block 22/12 exploration licence, has announced the start of the exploration drilling programme in Block 22/12 in the Beibu Gulf, South China Sea. This programme is intended to test field limits and a number of additional prospects within the vicinity of […]

  • Perenco plans to revitalize oil fields offshore Brazil once it takes over two assets from Petrobras

    29 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Perenco has unveiled a redevelopment plan for two oil assets in the Campos Basin off the coast of Brazil, which the firm will acquire from Petrobras.

  • Horisont Energi and E.ON team up on industrial-scale CO2 storage in the North Sea

    30 November 2022
    Business Developments & Projects, Carbon Capture Usage & Storage

    Norwegian clean energy company Horisont Energi and its Germany-based counterpart E.ON have signed a letter of intent to jointly build a European carbon value chain. This deal will see E.ON provide more than one million tons of existing CO2 per year from its European customer sites by 2030, starting from 2027 with a gradual increase. […]

  • UK High Court rejects Hurricane Energy’s debt restructuring plan

    29 June 2021
    Business & Finance, Business Developments & Projects

    The High Court of Justice of England and Wales has not sanctioned Hurricane Energy’s financial restructuring plan that would have handed control of the company to its bondholders.

  • Shell to drill Pensacola well next year

    29 March 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Deltic Energy and Shell have made a positive well investment decision to drill the high impact Pensacola Prospect in the UK Southern North Sea.

  • OEEC 2018: Machine learning and decomplexing to extend late life ops

    24 October 2018

    The Late Life Operations thematic session during the last day of 2018 Offshore Energy Exhibition and Conference received a lot of interest.

  • Global Wind Power Market to Add 51GW by 2017

    7 March 2014
    Research & Development

    MAKE expects the global wind power market to add 51GW on average from 2014 to 2017 as many traditional markets fulfil expiring policy mechanisms. The global market will grow 5% on average per year from 2018 to 2023 as the industry transitions into new support mechanisms; wind power becomes the cheapest power source through technology […]