5753 results found for 'matuku'

5753 results found for 'matuku'
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  • Norway: Statoil Makes Investment Decision for Smørbukk South Extension

    20 March 2013
    Business & Finance, Operations & Maintenance, Research & Development

    Statoil and the partners in the Åsgard Unit have today decided to realise the Smørbukk South Extension project. Smørbukk South Extension holds estimated recoverable reserves of 16.5 million barrels of oil equivalent, and will be developed with a new subsea template connected to existing infrastructure in the area. The recovered gas will be reinjected in […]

  • Chariot Plans 3D Seismic Survey Over its Moroccan Licences

    18 March 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Chariot Oil & Gas Limited’s wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Limited, has been awarded a 75% interest and operatorship of the Mohammedia Reconnaissance Licence offshore Morocco in partnership with the Office National des Hydrocarbures et des Mines (“ONHYM”) which holds a 25% carried interest. This licence area is adjacent to the […]

  • Chariot Oil & Gas cuts board, personnel in a cost reduction move

    10 May 2016
    Business & Finance

    Oil and gas company Chariot Oil & Gas Limited is making cuts in personnel and board of directors citing the continuously challenging business environment. The move will see a reduction in personnel and payroll in the head office by approximately a third, and a reduction in the size and cost of the Board with Matthew Taylor, Technical […]

  • Equinor, Shell, and Total get nod for offshore CO2 storage in Norway

    14 January 2019
    Equipment

    Norway has given permission to Equinor and its partners Shell and Total to develop CO2 storage on the Norwegian Continental Shelf.

  • Chariot gets operatorship of Moroccan Licence

    18 March 2014
    Business & Finance, Project & Tenders

    Chariot Oil & Gas Limited has been awarded a 75% interest and operatorship of the Mohammedia Reconnaissance Licence offshore Morocco in partnership with the Office National des Hydrocarbures et des Mines (“ONHYM”) which holds a 25% carried interest. This licence area is adjacent to the Company’s Loukos and Rabat Deep licences and sits in the […]

  • GE Works on DC Distribution Architecture for the Royal Navy

    14 February 2014

    GE’s Power Conversion business has been awarded a development contract to further explore the opportunities presented by adopting DC distribution technology in Royal Navy ships. The company has been working closely with the U.K. Ministry of Defence (MoD) for many years on electric propulsion programs, which now propel most of the Royal Navy’s surface warships […]

  • American Offshore Wind Sector Still Generating News

    17 December 2010
    Business & Finance

    There’s no shortage of developments in the US offshore wind power sector these days even though there is still not a single wind turbine generating power off the nation’s eastern coast. Capturing most media attention last week was Deepwater Wind which announced its plans to construct the Deepwater Wind Energy Center (DWEC), the first of […]

  • Masdar refinances London Array stake

    28 April 2020
    Business & Finance

    Masdar Energy UK, a wholly-owned subsidiary of Masdar, has refinanced its stake in the 630 MW London Array offshore wind farm in the UK. The refinanced debt totalled approximately £ 466 million in commercial bank debt, maturing in December 2032. Original financing for the project closed in October 2013. Located off the coast of Kent […]

  • Oceanteam Secures Majority Nod to Refinance Its Current Bond Loan

    12 April 2017
    Business & Finance

    Norwegian-Dutch offshore service provider  said it has reached an agreement with a qualified majority of its bond holders on the main terms of the bond loan concerned. The agreement encompasses the repayment of the bond in full, the extension of the loan maturity and a major adjustment of interest costs concerned. However, it does not […]

  • Malaysia: Remains of Dutch Merchant Vessel Found?

    11 July 2012
    Operations & Maintenance, Research & Development

    A Kuala Lumpur-based archaeologist stated that he has discovered the remains of a sunken wooden Dutch merchant vessel. Along with his team, he found the remains about three nautical miles off Pulau Besar, AsiaOne News reports. Malacca Museum Authority’s general manager, Datuk Khamis Abas said the wooden vessel had been detected during an underwater survey […]

  • EWTEC 2015 offers exhibiton on emerging renewable energies

    16 July 2015
    Technology

    A public exhibition on marine renewable energies will be organized during the EWTEC 2015 conference. The exhibition is organized by the LHHE lab (Ecole Centrale de Nantes/CNRS), and will be free to attend. It will take place from September 6 to 10, 2015, in the main hall of the Cité des congrès of Nantes, France. The […]

  • Superconductive EcoSwing Takes On Full-Size Testing

    8 May 2015
    Research & Development, Technology

    Envision Energy aims to install a superconductive generator on one of its most advanced wind turbines. The product named EcoSwing generator is designed for a +3 MW class direct drive turbine, and will provide enough electricity to power 1000 households. Anders Rebsdorf, Head of Envision’s Global Innovation Centre, commented: “After years of research, superconductivity has […]

  • Kepco sets sight on flexible LNG deals

    9 October 2015

    Kansai Electric of Japan is targeting more flexible LNG supply deals that would ensure the company can respond to demand changes and adjust its portfolio accordingly.

  • GNF, Balearia to jointly develop LNG engine

    21 October 2014
    Equipment, Vessels

    Gas Natural Fenosa and Spanish ferry operator Balearia signed a deal to develop the first natural gas engine for passenger vessels in Spain. The cooperation was marked by the signing of the partnership agreement between the CEO of Energy Retail Business for Gas Natural Fenosa, Daniel Lopez Jorda and Baleària president, Adolfo Utor. The two […]

  • Tallink Takes Loan to Finance RoPax Newbuilding

    30 June 2015
    Business & Finance

    Estonian ferry operator Tallink Group AS has signed a loan agreement with Nordea Bank Finland Plc, securing EUR 184 million out of EUR 230 million needed to finance the construction of the recently ordered RoPax ferry. The LNG-powered fast ferry is currently under construction at the Finnish Meyer Turku shipyard, and is expected to be delivered in the first quarter […]

  • Scorpio Bags Financing for MR Duo

    9 May 2016
    Business & Finance

    NYSE-listed tanker owner Scorpio Tankers has received a commitment from NIBC Bank N.V. for a loan facility of up to USD 44 million, the company said. Scorpio added that it intends to use the loan facility to refinance the existing indebtedness on two MR product tankers, built in 2013. The loan has a final maturity […]

  • KfW IPEX-Bank Invests Big in River-Cruise Ships

    7 February 2014

    KfW IPEX-Bank is financing the construction of another twelve Viking Longship-class river-cruise ships for the renowned Swiss-American river-cruise line Viking River Cruises (VRC). The financing, which has a maturity of 8.5 years, totals EUR 288.9 million. It encompasses export credit insurance by the German government (Hermes cover) and the favourable Commercial Interest Reference Rate (CIRR). […]

  • Nam Cheong’s 1Q net profit increases 99%

    15 May 2014
    Business & Finance

    Nam Cheong Limited, an offshore marine player listed on the Main Board of the Singapore Exchange Securities Trading Limited and Malaysia’s largest Offshore Support Vessel builder, today reported strong revenue and net profit for the three months ended March 31, 2014. Net profit surged 99% to hit a high of RM71.3 million in 1Q 2014, from […]

  • Secure your tickets for the conference

    12 October 2018

    Join us on a journey through the full offshore energy life cycle in our Offshore Energy Thematic Sessions.

  • Oil resource uplift comes to light in Namibian offshore basin’s ‘sweet spot’

    20 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    GEO Exploration has revealed an uptick in unrisked prospective resources within its petroleum exploration license (PEL) 94 in the Walvis Basin, off the coast of Namibia.

  • ​Shearwater secures 3D contract offshore India

    21 December 2020
    Business Developments & Projects, Operations & Maintenance, Vessels

    Seismic exploration company Shearwater GeoServices has won a contract by ONGC to provide a 3D broadband marine seismic acquisition services in the Western Offshore India area.

  • Malaysia and Indonesia Agree to Aid Boat People

    20 May 2015

    Malaysia and Indonesia have agreed to offer temporary shelter and assistance to around 7,000 migrants still believed to be adrift at sea, several hours after a fleet of Indonesian fishermen rescued hundreds of Rohingya and Bangladeshi migrants off Aceh, The Malay Mail Online reports. The countries have agreed to abandon the practice of towing migrant boats back to […]

  • Atlantska Plovidba Refinances Kamsarmax Duo with New Loan

    20 November 2018
    Business & Finance

    Atlantska Plovidba secured a new loan to refinance two Kamsarmax vessels.

  • Greece: Diana Shipping Enters into Loan Agreement with Diana Containerships

    22 May 2013
    Business & Finance

    Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, has announced that yesterday it agreed to loan up to $50 million to Diana Containerships Inc., a former wholly-owned subsidiary of the Company of which Diana Shipping Inc. currently owns approximately 10.4% of the issued and outstanding common […]

  • KONGSBERG Pens Revolving Credit Facility with Five Banks

    10 April 2014
    Business & Finance, Project & Tenders

    Kongsberg Gruppen ASA (KONGSBERG) has signed a new $253 million revolving credit facility with a syndicate of five banks. The facility has a tenor of five years, plus two one-year extension options. The new facility is for general corporate purposes, and replaces the $167 million revolving credit facility with maturity in June 2015, which KONGSBERG has had since 2007. The facility is […]