5783 results found for 'matuku'

5783 results found for 'matuku'
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  • Pacific Rubiales turns to Mexico

    17 October 2014

    Pacific Rubiales Energy Corp. has entered into a three year Memorandum of Understanding and Cooperation (the “MOU”) with Mexico’s state oil company Pemex.   The MOU is establishing the basis for discussions and analysis of potential oil and gas cooperation in Mexico, including exploration, deep-water projects, revitalization of mature fields, heavy and extra-heavy oil onshore and […]

  • Flex LNG Bags New Charter Deal with Endesa

    20 December 2019
    Business & Finance

    Flex LNG has entered into a new time charter with Endesa for the vessel Flex Ranger.

  • Paragon Shipping Sells Vessel to Chop Loan

    12 January 2016
    Business & Finance

    Greek dry bulk shipping company Paragon Shipping Inc. has sold its 72,493 dwt Panamax bulk carrier M/V Kind Seas for USD 3.5 million to an unaffiliated third party.  The total net proceeds of the vessel sale will be paid towards an immediate prepayment of the company’s loan facility with Bank of Ireland. Paragon Shipping said that of the remaining loan […]

  • DryShips Pulls Plug on Notes Offering

    13 October 2014
    Business & Finance

    DryShips Inc., has withdrawn its previously announced public offering of USD 700 million of its senior secured notes, for which the company hoped would help cover the outstanding convertible notes, eliminating the need for a bridge facility. George Economou, the company’s Chairman and Chief Executive Officer, said that the reason for withdrawal is the current market conditions which were deemed […]

  • MEO Pulls Out of NT/P79 Permit Offshore Australia

    27 August 2013

    MEO Australia Limited has announced that it’s wholly owned subsidiary,  Finniss Offshore Exploration Pty Ltd (Finniss), has received regulatory approval to withdraw from and surrender exploration permit NT/P79. MEO farmed into the permit in December 2012 to pursue an exploration play concept that required validation by 2D seismic data that was not available at the […]

  • USA: Pacific Drilling Secures Loan to Finance Construction of New Drillships

    21 February 2013
    Business & Finance

    Pacific Drilling S.A. announced that it has signed a $1 billion senior secured credit facility agreement to finance construction of the Pacific Sharav and Pacific Meltem. The term loan made pursuant to the credit facility will have a maturity of 5 years from the delivery date of the Pacific Meltem. A portion of the funding […]

  • MEO Pulls Out from NT/P79 Permit (Australia)

    27 August 2013

    MEO Australia announced that it’s wholly owned subsidiary, Finniss Offshore Exploration Pty, has received regulatory approval to withdraw from and surrender exploration permit NT/P79. MEO farmed into the permit in December 2012 to pursue an exploration play concept that required validation by 2D seismic data that was not available at the time of the farm-in. The 2D data was acquired […]

  • 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). […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • Wärtsilä to design Amundsen Expeditions’ cruise ship newbuilds

    23 April 2020
    Business Developments & Projects, Equipment, Infrastructure, Vessels

    Wärtsilä has received an order to develop a design for up to six new luxury expedition cruise vessels to be owned and operated by Amundsen Expeditions.

  • China: CNOOC to Operate Beibu Gulf Development Project

    26 August 2010
    Business & Finance

    Roc Oil (China) Company, on behalf of the Beibu Gulf project joint venture, announced that the Supplemental Development Agreement (“SDA”) to the Petroleum Contract for development of the WZ 6-12 and WZ 12-8 West Oil Fields in the Beibu Gulf, offshore China was signed in Beijing on 24 August. The SDA outlines the commercial terms […]

  • 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.

  • Japanese government-owned firm joins in on two CO2 acreages off Australia

    7 August 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    Australian specialist carbon capture and storage (CCS) developers deepC Store and Azuli (Australia), a wholly-owned subsidiary of UK’s Azuli International, have secured two greenhouse gas assessment (GHG) acreages in the Bonaparte and Browse Basins off Australia. The partners also entered into a joint study agreement for a strategic partnership with J-POWER by which the Japanese […]

  • Statoil to decide on Johan Castberg by summer 2015

    30 June 2014
    Project & Tenders

    The partners in the Johan Castberg licence, comprising Statoil, Eni and Petoro, have decided to spend more time on making the final concept selection for the Johan Castberg project, Statoil today confirmed in a press release. “The companies will continue efforts to mature the technical development solution, updating the resource basis and reducing cost leading […]

  • With offshore licence offers from 25 oil & gas players, Norway keeps its position as exploration hub

    29 August 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

    Norway received offers for production licences from 25 companies for further exploration activity on the NCS, as part of the APA 2023 round.

  • Pancontinental: Early Mapping Identifies Major Prospects in EL 0037, Off Namibia

    23 July 2014
    Business & Finance, Operations & Maintenance

    Pancontinental Oil and Gas NL advises that the 3D and 2D seismic surveys carried out earlier in 2014 in EL 0037 offshore Namibia are starting to yield very encouraging results. Initial mapping has confirmed at least four main prospects in the 3D area – the Albatross, Gannett, Petrel and Seagull Prospects. The Prospects appear to […]

  • DNV GL Proposes JIP to Develop New EOR Concept

    20 May 2014
    Business & Finance, Equipment, Research & Development

    DNV GL has proposed a new concept that combines mature water injection technology with the newest developments in offshore wind power to achieve more cost effective Enhanced Oil Recovery. Now, industries are invited to join DNV GL in developing this concept further in a joint industry project. Initial studies show it will reduce the cost […]