5753 results found for 'matuku'

5753 results found for 'matuku'
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  • Malaysia to Boost Search Efforts for Missing Oil Tanker

    15 June 2015
    Business & Finance

    Malaysian Prime Minister Datuk Seri Najib Tun Razak promised to increase the government’s efforts to locate the oil tanker MT Orkim Harmony which went missing 17 nautical miles southwest of Pulau Aur, Malaysia, on June 11. The Malaysian-flagged tanker had 22 crew members comprising Indonesians, Malaysians and Myanmar nationals on board at the time of the accident, and […]

  • Readers’ Picks of the Week (Oct 12th – Oct 16th)

    18 October 2015
    Business & Finance

    Cammell Laird to Build USD 307 Million Research Ship The UK government has selected the domestic shipbuilder Cammell Laird Birkenhead as the preferred bidder to build a GBP 200 million USD 3072m polar research ship… Read More Wärtsilä: Ultra Slow the Way to Go Finnish engineering company Wrtsil has through its Busser project introduced the […]

  • Navios Containers Pays USD 52.5 Mn for 10,000 TEU Boxship

    24 January 2019
    Business & Finance

    Navios Containers acquired a 2011-built containership for USD 52.5 million.

  • Australia: New Areas Released for Offshore Exploration

    9 April 2014

    The Australian Government announced the 2014 Offshore Petroleum Exploration Acreage Release, comprising 30 areas across four basins in Commonwealth waters off the Northern Territory, the Territory of Ashmore and Cartier Islands, and Western Australia. Speaking at the annual Australian Petroleum Production and Exploration Association (APPEA) conference in Perth, Minister for Industry Ian Macfarlane said the […]

  • Atlantis issues ocean bonds

    27 June 2017
    Business & Finance, Research & Development, Technology

    Edinburgh-based tidal energy developer Atlantis Resources has formally launched its bond offer through the Abundance Investment platform.

  • Hywind Tampen Secures Enova Funding

    22 August 2019
    Business & Finance

    Equinor has secured funding of up to NOK 2.3 billion (circa EUR 231.5 million) from Enova for the Hywind Tampen floating wind project in Norway. “The support that the licences have received for the Hywind Tampen project demonstrates the will of Norwegian authorities to invest in and develop floating offshore wind farms and renewable energy […]

  • 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 […]

  • COSL Completes Well Fracturing Test in East China Sea

    8 November 2011
    Business & Finance

    China Oilfield Services Limited announces the successful completion of a well fracturing test operation at Ningbo 14-3-1 in East China Sea. At 4,950 meters, this operation writes a new record for depth of fracturing operation COSL has ever performed. The quality of this hydraulic fracturing operation was highly recognized and praised by customers. Oil bed […]

  • A C Marine & Composites Nets Minesto Contract

    20 June 2017
    Equipment

    A C Marine & Composites has secured a contract from Minesto to supply composite struts, in partnership with Off Limit Engineering for its Deep Green project which will be deployed at Holyhead Deep, off the coast of Wales. Christian Norinder, development engineer at Minesto said: “A C Marine & Composites have a mature and structured process […]

  • Apache Keeps Expro for North Sea Well Services

    20 June 2017
    Business & Finance, Operations & Maintenance, Project & Tenders

    UK-based oilfield services company Expro has secured a $10-million well services contract extension with Apache North Sea. The contract covers a range of well services including slickline, cased hole services and pumping services, as well as support in delivering coiled tubing services. This utilises a crew covering the UK North Sea Forties platforms. Expro has […]

  • Anadarko narrows loss

    3 May 2016

    Anadarko, a US-based oil and gas company, posted a net loss of $1.03 billion for the first quarter of 2016. The result is still better than the one achieved in the first quarter 2015, when the company reported a loss of $3.26 billion. “During the first quarter, we maintained strong operating performance and continued to […]

  • 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 […]

  • Novozymes new mission ambassador of zero carbon shipping center

    31 March 2022
    Business Developments & Projects, Collaboration, Environment, Outlook & Strategy

    Denmark-based biotechnology company Novozymes has joined the Mærsk Mc-Kinney Møller Centre for Zero Carbon Shipping as a mission ambassador.

  • 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.

  • Seatronics Appoints New Sales Manager in Brazil

    19 July 2013
    Business & Finance

    Seatronics do Brazil, an Acteon company, announces the appointment of Thiago Montanari as sales manager. Montanari is based in Rio de Janeiro and will report directly to Seatronics vice president, Fabio D’Agostino. Montanari has six years of experience in the offshore industry, working extensively in the Caspian (Kasakhstan), Mediterranean, Adriatic and Caribbean (Cuba) seas, as […]

  • 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 […]

  • USA: Shell Sells Stake in Holstein Field to PXP for USD 560 Mln

    11 September 2012
    Business & Finance, Project & Tenders

    Royal Dutch Shell plc announced it has agreed to sell its 50% working interest in the Holstein Field, comprised of Green Canyon Blocks 644, 645 and 688 in the Gulf of Mexico, to Plains Exploration & Production (PXP) for approximately $560 million, subject to closing. Shell received an unsolicited offer from PXP for Shell’s working […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Sovcomflot completes 2018 financing plan

    18 December 2018

    Russia’s largest shipping company Sovcomflot has completed its 2018 financing plan with a new $264 million six-year credit facility. 

  • Safe Bulkers refinances fleet of 8 vessels

    22 June 2021
    Business & Finance, Business Developments & Projects, Vessels

    Monaco-based bulker owner Safe Bulkers has entered into a credit facility of $70 million with a five-year tenor.

  • PXP to Buy Shell’s Stake in Holstein Field for $560 Mln (USA)

    11 September 2012
    Business & Finance

    Royal Dutch Shell plc announced it has agreed to sell its 50% working interest in the Holstein Field, comprised of Green Canyon Blocks 644, 645 and 688 in the Gulf of Mexico, to Plains Exploration & Production (PXP) for approximately $560 million, subject to closing. Shell received an unsolicited offer from PXP for Shell’s working […]

  • Ardmore Secures Cash for Its Fleet Additions

    25 July 2014
    Business & Finance

    Chemical tanker operator Ardmore Shipping Corporation announced that it has signed agreements to upsize its existing senior loan facility with ABN AMRO Bank N.V., Nordea Bank Finland Plc, and Skandinaviska Enskilda Banken AB.   The total amount available under the facility has been increased by $53 million to $225 million. The proceeds from the expanded […]

  • Lloyd’s Register strikes 5-year deal with Maersk Oil

    13 October 2016
    Business & Finance

    Maersk Oil has awarded a long-term contract to Lloyd’s Register for a comprehensive suite of asset integrity services to support the development of Maersk Oil’s offshore operations. According to its press release on Wednesday, Lloyd’s Register will provide support in key areas of operational risk – change management, contractor management, inspection plans and reporting, asset […]