5711 results found for 'matuku'

5711 results found for 'matuku'
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  • Dalkey Island Project, Offshore Ireland, Entering Drilling Phase

    22 September 2011
    Business & Finance

    Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and production company, whose shares are listed in London (AIM) and Dublin (ESM), provides an update on its Dalkey Island exploration prospect in the Kish Bank Basin, offshore eastern Ireland. The Dalkey Island prospect is located c. 10 km offshore eastern Ireland in c. 25 […]

  • Bergen Group cancels rig-service yard sale (Norway)

    4 May 2015
    Business & Finance, Exploration & Production

    Bergen Group has terminated the agreement on the sale of the properties and the rig service activity at Hanøytangen.  To remind, the company decided in April to divest its rig-service activity at Hanøytangen for a total transaction price of NOK 245 million ($32.2 million). According to Bergen Group, the signed share purchase agreement between Bergen Group […]

  • Norway: Contract Extention for Aker Barents

    21 September 2010
    Business & Finance

    Det norske oljeselskap ASA has signed a contract with Aker Drilling for the charter of the rig Aker Barents for the period from July 2012 to July 2014. Det norske’s current rig contracts expire in 2012. The charter for Aker Barents ensures that Det norske will have rig capacity for operations in deep water and […]

  • Statoil Recommends New Platform Solution to Maximise Snorre Production

    28 October 2013
    Business & Finance, Equipment

    Statoil recommends building a new drilling and processing platform on the Snorre field in the North Sea to extract maximum remaining reserves. Together with Petoro and the other licence partners, Statoil has worked hard to find a good solution for extending the life of the field to 2040. A thorough evaluation of the “Snorre 2040” […]

  • Oil and gas operators apply for 164 blocks in UK’s latest offshore licensing round

    14 November 2018

    The United Kingdom’s latest offshore licensing round has attracted 36 applications covering 164 blocks in frontier areas of the UK Continental Shelf.

  • Nam Cheong Floats Out Malaysia’s First Diesel Electric MPSV

    10 December 2012

    Nam Cheong Limited (Nam Cheong), SGX Main Board-listed leading global offshore marine player and Malaysia’s largest Offshore Support Vessel (OSV) builder, launched 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 on December 8th […]

  • BAE Systems Confirms Key Designers for Type 26 GCS

    11 September 2013

    BAE Systems is awarding four key design contracts for the Type 26 Global Combat Ship, demonstrating the momentum building behind the programme to deliver the UK Royal Navy’s next generation complex warships. The Design Development Agreements with Rolls-Royce, MTU, David Brown Gear Systems and Rohde & Schwarz cover propulsion and communications equipment for the ship […]

  • Norway: New Type of Drilling Rig to Improve Recovery

    2 March 2012
    Business & Finance

    Statoil is preparing an invitation to tender for a new type of drilling rig for mature fields on the Norwegian continental shelf (NCS). The new rigs, known as category J, will be jack-ups designed by the industry on behalf of Statoil. Statoil will propose for licence groups to take on ownership of these rigs. In […]

  • Nordex Announces 6 MW Offshore Wind Turbine (Germany)

    5 April 2011
    Technology

    At the Hannover Fair, Nordex SE has unveiled plans for its entry into the new offshore market segment. “Our strategy is being driven by the development of a competitive product. For this purpose, we are acting on the trend towards third-generation wind turbines, which are characterized by a substantially greater nominal output and lower specific […]

  • MEO Provides Activities Update (Australia)

    23 January 2012

    MEO Australia Limited today provided the following information in relation to its activities for the quarter ended 31 st December 2011. MEO commenced a period of high field activity during the quarter and made significant progress in all areas of its portfolio. In NT/P68, Operator Eni Australia Limited awarded a rig contract for the drilling […]

  • France: Offshore Wind to Grow Quickly from Low Base, Says IEA

    12 July 2012
    Research & Development

    Renewable power generation is expected to continue its rapid growth over the next five years, according to a new report from the International Energy Agency (IEA) that acknowledges the coming-of-age of the renewable energy sector. The report says that despite economic uncertainties in many countries, global power generation from hydropower, solar, wind and other renewable sources […]

  • Safe Bulkers invests in new eco-efficient Kamsarmax

    7 July 2021
    Infrastructure, Vessels

    Monaco-headquartered dry bulk owner Safe Bulkers has acquired a Japanese-built 82,000 dwt, dry bulk newbuild vessel.

  • Eagle Bulk Prices 200 Mn Bonds, Secures Loan

    16 November 2017
    Business & Finance

    US-based operator of dry bulkers Eagle Bulk Shipping is, through its subsidiaries, looking to secure net proceeds to repay its debts. The company’s subsidiary Eagle Bulk Shipco has priced USD 200 million in senior secured bonds which will carry a coupon of 8.25% and be due in November 2022. Additionally, the company informed that a separate subsidiary, Eagle Shipping LLC, […]

  • GDBIW Secures Four Arleigh Burke-Class Destroyers

    4 June 2013

    U.S. Navy has awarded General Dynamics Bath Iron Works (BIW) a $2,843,385,450 fixed-price incentive firm target (FPIF) contract for the design and construction of four DDG 51 Arleigh Burke-class destroyers, one to be delivered in FY 2013 and one each in FY 2015-2017. This award also includes a contract option for a fifth ship. The […]

  • Petrolia Buys Stake in Det norske’s PL 558 (Norway)

    10 June 2014
    Business & Finance, Project & Tenders

    Petrolia Norway AS, a 100% subsidiary of Petrolia SE, has entered into an agreement with Det norske oljeselskap ASA to purchase 10% in PL 558. PL558 is located in the Norwegian Sea east and adjacent to the Skarv Field. The well will be spudded in the near future and is scheduled for 29 days. The transaction is pending […]

  • TGS Names New Executive Team After Spectrum Acquisition

    30 August 2019
    Business & Finance

    TGS-NOPEC Geophysical has announced a new executive team following the finalization of acquisition of Spectrum. The company completed the acquisition of Spectrum, creating a global multi-client geophysical data provider, on August 14. The team, led by CEO Kristian Johansen, consists of the following executives: Katja Akentieva – EVP Onshore; Fredrik Amundsen – EVP Europe & […]

  • Another Standstill Extension for Olympic

    24 January 2017
    Business & Finance

    Norwegian provider of subsea and offshore construction vessels, Olympic Ship, said it has reached an agreement with its secured lenders to extend standstill agreement until and including January 31, 2017. The standstill agreement was extended in order to complete the restructuring of the group, including in particular final documentation and agreements. To remind, the company has obtained support […]

  • Olympic Secures Standstill Agreement Extension

    26 December 2016
    Business & Finance

    Norwegian Olympic Ship, a provider of inspection, maintenance, and repair vessels, has reached an agreement with secured lenders to extend standstill agreement until and including January 20, 2017. As part of the standstill agreement, Olympic will continue to pay interest to the finance providers and the secured lenders have agreed to postpone all amortization and […]

  • Det norske Wins Eight New Licenses (Norway)

    21 January 2013
    Business & Finance

    The Ministry of Petroleum and Energy, on January 15, 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 these as operator. In total 40 companies were offered shares in […]

  • GMS gets $620 million loan

    1 December 2015

    Gulf Marine Services, a provider of liftboats supporting offshore energy industry, has secured a new $620 million debt facility. According to the UAE-based company,  the syndicated loan facility combines Islamic and conventional financing and will replace the Group’s existing funding facilities with no changes to the previous borrowing covenants. The facility has a term of […]

  • Mexico makes first call for shallow water blocks

    20 July 2016

    Mexico has launched the first call for the upcoming Round 2 bidding round, covering 15 offshore blocks, to be held in the first quarter of 2017. Successful bidders for the blocks located in shallow water of the Gulf of Mexico will sign a production sharing contract for 30 years with two possible extensions of five […]

  • Norway’s new licensing round focuses on Barents Sea

    13 December 2016

    Norwegian Ministry of Petroleum and Energy on Tuesday launched its annual licensing round for pre-defined areas (APA 2017), offering access to up to 87 new areas to oil and gas companies.  The country’s annual licensing round is focusing on the mature areas of the Norwegian continental shelf that are close to existing as well as planned infrastructure. […]

  • Acquisition of Maari 3D Seismic Survey Offshore New Zealand Begins

    4 April 2012
    Business & Finance, Operations & Maintenance

    Cue Energy Resources Limited announces that acquisition of the Maari 3D seismic survey has commenced in permits PMP 38160 and PEP 51313 in the offshore Taranaki Basin of New Zealand. The survey comprises 254 sq km of seismic data and is being recorded with the survey vessel Polarcus Alima. The survey will provide new data […]

  • Seadrill Sells Tender Rig T-16 to Seadrill Partners

    15 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 […]

  • Hijacked Singapore Tanker Found off Indonesia with Cargo Missing

    10 August 2015
    Business & Finance

    Singapore-flagged tanker MT Joaquim, laden with 3,500 tons of crude marine fuel and reported missing off Malaysia on the night of August 8, was found without its cargo fourteen miles east off Indonesia’s Pulau Rapat the following day, according to local media. Two of the tanker’s ten crew members, including the ship’s captain, suffered minor injuries and were […]