5753 results found for 'matuku'

5753 results found for 'matuku'
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  • Seadrill rids itself of Archer guarantees

    26 April 2017

    Offshore driller Seadrill has closed a deal with oilfield services firm Archer to extinguish $253 million in financial guarantees provided by Seadrill. The scrapping of the guarantees comes in exchange for a cash payment of approximately $25 million. Seadrill said on Wednesday it remained in “constructive discussions” with Archer and its lenders to extinguish the […]

  • Amec Foster Wheeler wins Brunei work from Shell

    10 March 2017
    Business & Finance

    Amec Foster Wheeler has been awarded a contract by Brunei Shell Petroleum (BSP) for the rejuvenation of assets in Brunei. The work includes concept, Front End Engineering Design (FEED), detailed design, construction, completions and commissioning, marine management, fabrication management, procurement, and project management. Amec Foster Wheeler said on Friday that the contract will run for […]

  • Eni reaches ‘record production’ from Nooros off Egypt

    13 September 2016
    Project & Tenders

    Italian oil company Eni has reached a production of 700 million cubic feet of gas per day, corresponding to 128,000 barrels of oil equivalent per day (boed) of which 67,000 net to Eni, from Nooros field, off Egypt.  The field was discovered in Egypt’s Nile Delta in July 2015 and put into production in September […]

  • CGG Secures Ivory Coast Multi-Client Survey Deal

    26 October 2017
    Operations & Maintenance, Project & Tenders

    CGG has secured a contract by Côte d’Ivoire’s Direction Générale des Hydrocarbures (DGH) and Petroci, to acquire with its local partner, Harvex Geosolutions, a multi-client program of gravity, gravity gradiometry and magnetic data over the Republic’s onshore and shallow offshore basins. The scheduled five-month program will deploy CGG’s new Falcon Full Spectrum gravity solution to acquire approximately […]

  • Halliburton and Petrobras to Collaborate on Complex Reservoirs

    12 January 2017
    Business & Finance, Equipment, Operations & Maintenance

    Halliburton has entered into a technology cooperation agreement with Petrobras that should advance collaboration in a diverse set of projects targeting complex reservoirs such as deepwater pre-salt and mature fields. The multi-year agreement will facilitate the development of innovative solutions in geophysics, drilling and completions, reservoir characterization, well testing, flow assurance and production. Reportedly, the project portfolio […]

  • Aker Solutions Sees Earnings Fall

    9 May 2017
    Business & Finance, Equipment, Operations & Maintenance

    Norwegian oil services company Aker Solutions has reported net income of NOK 62 million ($7.3 million), or NOK 0.23 in the first-quarter 2017, versus net income of NOK 169 million ($19.5 million), or 0.53 NOK in the prior-year comparable period. The company has seen its revenue decline to NOK 5.17 billion in the quarter from […]

  • Sonardyne to Exhibit at AUV 2012 (UK)

    13 September 2012
    Business & Finance, Equipment

    Continuing with its busy event season, Sonardyne International Ltd. will next be exhibiting at AUV 2012. Held bi-annually by the Oceanic Engineering Society (IEEE-OES), this year’s conference is taking place at the National Oceanography Centre in Southampton and marks the first time that the event has been to the UK. The theme of this year’s […]

  • Tullow Completes Spring Energy Acquisition. Secures New Licences Off Norway

    22 January 2013
    Business & Finance, Operations & Maintenance

    Tullow Oil plc (“Tullow”) announces the completion of its acquisition of Spring Energy Norway AS (“Spring”) that was previously announced on 11 December 2012. Roar Tessem, Spring’s CEO, will be Managing Director of Tullow’s Norwegian companies and will have responsibility for Tullow’s assets offshore Norway and Greenland. This acquisition has already brought success for Tullow. […]

  • Norway: DeepOcean Secures New Senior Credit Facility

    6 March 2013
    Business & Finance

    The DeepOcean Group announced it has secured a new €125 million senior credit facility. The agreement consists of a €95 million senior secured revolving credit facility including an ancillary feature for performance guarantees and a €30 million senior secured term loan facility. Both the revolving credit facility and the term loan facility have a three-year […]

  • Tap Oil: Bianch-1 Well Reaches 1,834m Depth (Australia)

    23 April 2013
    Business & Finance, Project & Tenders

    Tap Oil, an independent oil and gas exploration company from Australia, has provided the following update of the Bianchi-1 gas appraisal well in Retention Lease WA-49-R, located off Western Australia. During the period from 0600 hours (AWST) on 15 April 2013 to 0600 hours (AWST) on 23 April 2013, the Bianchi-1 well drilled to a […]

  • New Board Member at Halliburton, USA

    28 March 2013
    Business & Finance

    Halliburton announced today that José C. Grubisich has been named to the company’s board of directors. He will serve on the Audit and the Health, Safety and Environment committees. The appointment was effective March 20, and Grubisich will stand for election at the annual meeting in May with all of the other directors. Since 2012, […]

  • Jee Bags E.ON E&P Subsea Contract

    9 April 2015
    Operations & Maintenance, Project & Tenders

    Jee Ltd has secured a six figure contract with E.ON E&P to deliver subsea integrity management and engineering services for its North Sea assets. The three year contract, which was awarded in March 2015, involves Jee supporting E.ON E&P’s Subsea Technical Authority, by providing annual integrity management services for its subsea assets. The scope of […]

  • CAMAC Awards Gambia Seismic to Polarcus

    15 December 2014
    Operations & Maintenance

    CAMAC Energy Inc. awarded a contract for the acquisition of a 3D seismic survey to Polarcus Limited. The survey will cover approximately 1,504 km2 in the Company’s A2 and A5 blocks offshore Gambia. The objectives of the seismic survey are to enhance the definition and maturation of potential prospects in the blocks and provide high-quality sub-surface images […]

  • MEO Australia Starts Floyd 3D Seismic Survey

    13 February 2012
    Business & Finance, Operations & Maintenance

    MEO Australia Limited advises that the S/R Veritas Viking II commenced acquisition of the 601 km2 Floyd 3D seismic survey in WA-454-P in the Joseph Bonaparte Gulf region of the Timor Sea (Petrel sub-basin) at 21:23 (WST) on 12th February 2012. The survey is scheduled to take less than thirty days to record. Since being […]

  • Schlumberger Opens Asia Center for Reliability and Efficiency (Malaysia)

    4 November 2013
    Equipment

    Schlumberger broke ground last week on a new regional center focused on reliability and efficiency, marking the official start of construction of the center. Located in Port Klang Free Zone, Selangor, the Schlumberger Asia Center for Reliability and Efficiency will be dedicated to advanced maintenance and servicing of drilling and wireline technologies for the Asia-Pacific […]

  • RCL Nets Financing for Two Edge-Class Cruise Ships

    29 June 2016
    Business & Finance

    Miami-based cruise company Royal Caribbean Cruises has entered into credit agreements for the financing of the first and second Edge-class ships for Celebrity Cruises, a brand subsidiary of RCL, which are scheduled for delivery in the fall of 2018 and the first half of 2020, respectively. Each agreement makes available to Royal Caribbean Cruises Ltd. a US dollar-denominated […]

  • Armed Men Attack Tugboat off Malaysia, Injure Master

    7 December 2018

    A tug master was injured when four armed men attempted to hijack his tugboat off Malaysia.

  • Matson Borrows More

    31 July 2015
    Business & Finance

    U.S. shipping company Matson Inc. plans to issue USD 75 million of 30-year senior unsecured notes, as well as to increase its existing USD 375 million unsecured revolving credit facility to USD 400 million, extending it for a new five-year term, maturing July 2020. The senior unsecured notes will have a weighted average life of approximately 13 years and will bear […]

  • HSH Nordbank Provides Loan for Scorpio Tankers’ MRs

    15 November 2016
    Business & Finance

    Monaco-based tanker owner Scorpio Tankers has received a commitment from Germany’s HSH Nordbank, one of the world’s biggest providers of shipping finance, for a loan facility to finance its two Medium Range (MR) product tankers. The loan in the amount of up to USD 34 million is expected to be used to refinance the existing indebtedness […]

  • Hafnia Snatches USD 360 Mln for Vessel Refinancing

    29 February 2016
    Business & Finance

    Danish shipping company Hafnia Tankers signed a USD 360 million loan on February 23 to refinance twelve medium range (MR) product tankers and provide post-delivery financing for the company’s six MR newbuilds. The credit, set to mature in March 2023, is comprised of a USD 124 million term loan, a USD 100 million revolving credit facility and a USD 136 million delayed draw term loan facility. […]

  • Germany: RWO’s CleanBallast Receives AMS Approval

    16 April 2013
    Business & Finance

    As one of the first ballast water treatment systems, RWO’s CleanBallast has received the AMS approval . This certificate is awarded by the United States Coast Guard (USCG) and is considered to be the crucial supporting requirement for future purchasing decisions of shipowners and yards. Martyn Ayris, Managing Director of RWO commented satisfied on the […]

  • MEO Australia Completes Floyd 3D Seismic Survey

    28 February 2012

    MEO Australia Limited said that the S/R Veritas Viking II completed acquisition of the Floyd 3D seismic survey in WA-454-P in the Joseph Bonaparte Gulf region of the Timor Sea (Petrel sub-basin) yesterday. A total of 601 km2 of full fold data was recorded. The survey will now be processed and is expected to be […]

  • SPT Completes Fracturing Operation for PetroChina’s Shale Gas Well

    11 May 2012

    SPT Energy Group announced that it has completed a staged fracturing service operation for PetroChina’s Third Shale Gas Well by the end of April and that it has been successful in identifying reserve flows of industrial oil and gas. This staged fracturing operation has not only validated the indicated capacity of horizontal wells in the […]

  • Top news of the week April 11-16, 2016

    17 April 2016

    Shell CEO: time to innovate to reduce LNG costs The LNG industry needs to continue to innovate to drive down capital costs across the LNG value chain to make gas competitive with other sources of energy such as coal and renewables, Ben van Beurden, CEO of LNG giant Shell said on Tuesday. Cheniere to export […]

  • Hoegh LNG Partners posts higher profit

    1 March 2016

    Höegh LNG Partners, the spin-off of Norway’s Höegh LNG, reported on Monday a net income of $16.5 million in the fourth quarter of 2015, up from $7.5 million for the same period a year ago. The net income for both periods was impacted by the “unrealized gains (losses) on derivative instruments” mainly on the Partnership’s […]