5753 results found for 'matuku'

5753 results found for 'matuku'
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  • 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 […]

  • 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 […]

  • 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 […]

  • 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. […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 & […]

  • 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, […]

  • Hudson Boosts WES Team

    3 May 2019
    Research & Development, Technology

    Wave Energy Scotland (WES) has welcomed Ben Hudson to its team. Hudson joins WES from JBA Consulting, bringing software development skills and experience in metocean data analysis for the renewable energy sector. He will be working with WES’ DTOceanPlus project team. DTOceanPlus is a 3-year project (1 May 2018 – 30 April 2021) with a […]

  • Enagas Completes EUR 750 Million Bond Issue

    28 March 2014

    Enagás of Spain placed €750 million of bonds on the market. This issue of eighth-year bonds bears an annual coupon of 2.50% and a price of 99.707. Enagás has exploited an existing window of opportunity in the market. Final demand for the issue, which was completed in 2 hours, was more than €4,500 million and […]

  • Eco raises cash for Guyana offshore drilling

    4 April 2019
    Exploration & Production

    Oil and gas company Eco Atlantic has raised cash through a share placement with the proceeds aimed at funding of offshore wells in Guyana.

  • US DOE unveils notice of intent to fund wave energy tech advancement 

    2 August 2024
    Business & Finance, Business Developments & Projects, Innovation, Project & Tenders, Technology

    The U.S. Department of Energy’s (U.S. DOE’s) Water Power Technologies Office (WPTO) has disclosed an intent to provide up to $112.5 million to advance the commercial readiness of wave energy technologies through open water testing and system validation.

  • Murphy Oil completes sale of King’s Quay FPS

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

    U.S. oil and gas company Murphy Oil has closed the sale of its entire 50 per cent interest in the King’s Quay floating production system (FPS) and associated export lateral pipelines to be located in the Gulf of Mexico.

  • Det norske Presents Good Quarter Results

    4 November 2013
    Business & Finance

    Det norske oljeselskap ASA had a good third quarter. The development of the Ivar Aasen field is on track. The concept selection for Johan Sverdrup is proceeding according to plan. Det norske participated in a promising discovery on the Gohta prospect in the Barents Sea. The company has strengthened its financing by entering into a […]

  • Norway gets offers for offshore licences from 26 oil & gas firms amid ‘significant interest’

    14 September 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    Norway’s Ministry of Petroleum and Energy has received offers for production licences from 26 companies as part of APA 2022.

  • Danish Maritime Authority strengthens ties with Mærsk Mc-Kinney Møller Center

    22 April 2022
    Business Developments & Projects, Collaboration, Outlook & Strategy, Transition

    The Danish Maritime Authority and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a knowledge partnership agreement as a formal recognition of their joint work on the decarbonization of shipping.

  • Equinor kicks off exploration campaign offshore UK

    7 February 2019
    Exploration & Production

    Equinor has initiated an exploration campaign on the UK continental shelf comprising five wells in 2019, which is a record number for the company.

  • Interest in Norwegian offshore acreage dips as 33 oil firms apply

    21 September 2016

    Thirty-three oil companies have applied for exploration acreage offshore Norway as part of this year’s licensing round, the APA 2016, comprising the predefined areas with blocks in the North Sea, the Norwegian Sea, and the Barents Sea.  This year’s oil and gas exploration licensing round, expanded by 24 blocks in the Norwegian Sea and 32 blocks […]

  • UK: First Equipment Design Contracts for Type 26 Global Combat Ship Awarded (VIDEO)

    12 September 2013
    Business & Finance

    BAE Systems are 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 […]

  • GDF Suez Acquires Additional Stake in Njord Field, Offshore Norway

    28 July 2011

    GDF SUEZ announced today two important milestones in the development of its portfolio of exploration & production assets. These operations are located for the one in a mature area in Norway and for the other in a promising region in Asia. Thus, the Group acquired an additional 20% share in the offshore Njord field and […]

  • Teekay Group Sees 40 Pct Rise in EBITDA

    24 May 2019
    Business & Finance

    Teekay reports an increase of 40 percent in total adjusted EBITDA.