5711 results found for 'matuku'

5711 results found for 'matuku'
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  • Africa Energy farms into exploration license offshore Namibia

    29 November 2016
    Business & Finance

    Canadian oil and gas exploration company Africa Energy has entered into a farm-out agreement with a subsidiary of Pancontinental Oil & Gas to acquire a 10% participating interest in Petroleum Exploration License 37 offshore Namibia (PEL 37). The company said on Tuesday that, under the terms of the agreement and similar to the terms of […]

  • A glimmer of hope for Farstad Shipping?

    4 November 2016

    Norwegian offshore vessel owner Farstad Shipping, looking at ways to weather the storm caused by low oil prices, might have found a solution in Siem Industries. Farstad, the owner of 57 offshore vessels, has been working on various options to enhance its financial position in order to enable long-term operations for the company. Hundreds of […]

  • Hess takes interest in offshore Suriname block

    3 May 2016

    Kosmos Energy has entered into a farm-out agreement with a subsidiary of the Hess Corporation, Hess Suriname Exploration, covering the Block 42 contract area offshore Suriname. Under the terms of the agreement, Hess will acquire a one-third non-operated interest in the Block 42 contract area from both Chevron and Kosmos. As part of the agreement, […]

  • Transocean posts $1.7B loss on jack-up fleet impairment

    3 August 2017
    Business & Finance, Exploration & Production

    Offshore driller Transocean posted a net loss of $1,69 billion for the second quarter of 2017, compared to a net income of $82 million in the second quarter of 2016, dragged down by jack-up fleet impairment. Revenues were $751 million, down from $940 million a year ago. Second quarter 2017 results included net unfavorable items […]

  • Eni hits dust in Barents Sea well

    15 March 2017
    Exploration & Production

    Italian oil company Eni has completed drilling of an exploration well in the Barents Sea but found no hydrocarbons as a result.  The 7183/12-2 Boné exploration well is located in license PL716 where Eni is the operator with 30% interest. The partners in the license are Faroe Petroleum (20%), Bayerngas Norge (20%), Petoro (20%), and Point Resources (10%). According […]

  • OGA awards eight deals for UKCS subsurface databases

    2 May 2017
    Business & Finance

    UK’s Oil and Gas Authority (OGA) has awarded £1.5 million ($1.9 million) of contracts to purchase comprehensive subsurface databases to encourage further exploration in underexplored areas of the UK Continental Shelf (UKCS). OGA said on Monday that the datasets purchased would underpin much of the OGA’s work across the exploration and production (E&P) lifecycle including […]

  • Frames scores work on Chevron’s platform offshore Nigeria

    6 April 2017
    Equipment

    U.S oil major Chevron has awarded Frames a contract to design and supply a new gas dehydration unit with a glycol regeneration package for an offshore platform in the Niger Delta. Frames said that the process package will be installed on Chevron existing Okan platform in the Western Niger Delta region. Frames Group designs, delivers, […]

  • Premier Oil to Develop Sea Lion Field via Tension Leg Platform

    16 January 2014

    Rockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, is has completed the concept selection process for the Sea Lion Development with partner Premier Oil (“Premier”). Premier as Operator of the field has recommended the Tension Leg Platform option as the most suitable technical and commercial solution for the development of Sea […]

  • Alphaliner: Global Container Trade Growth Bounces Back

    24 October 2017
    Business & Finance

    Driven by strong volume growth across all main regions, the global container throughput growth is on track to exceed 6% in 2017, according to Alphaliner. Following a strong first half growth estimated at 6.7%, third quarter throughput figures have remained robust. Chinese ports (including Hong Kong) led the way, recording a 9.3% growth in the […]

  • Genco Closes New USD 400 Mn Financing

    16 November 2016
    Business & Finance

    Dry bulk specialist Genco Shipping & Trading Limited has closed on a new USD 400 million loan which will be used to refinance all of its existing credit facilities. The new facility has improved the terms and covenants across all of the company’s refinanced facilities and simplified its capital structure, according to Genco. The terms of the loan […]

  • U.S. Secretary of Defense Visits Bath Iron Works

    22 November 2013

    U.S. Secretary of Defense Chuck Hagel yesterday paid a visit to Bath Iron Works shipyard in Maine for a first-hand look at the ongoing shipyard programs, including a tour of the very first DDG-1000 (USS Zumwalt). Construction began on DDG 1000 in February 2009, and the Navy has, together with its industry partners, worked to mature the […]

  • COSCO Completes Work on MV FALCON (China)

    27 August 2012

        Following the successful repair of MV EAGLE in October, 2011, the owner decided that they would take MV FALCON to COSCO Nantong Shipyard the following month (November) for repair. Due to revised cargo schedules, the ship repair plan had to be changed many times, but the owners continually reaffirmed their plan to bring […]

  • TGS Finalizes Spectrum Acquisition

    15 August 2019
    Business & Finance

    TGS-NOPEC Geophysical has completed its acquisition of Spectrum, creating a global multi-client geophysical data provider. TGS first announced its intent to acquire Spectrum in May 2019. Completion of the acquisition and the merger plan has been registered with the Norwegian Register of Business Enterprises on Wednesday. As a consequence and following the issuance of 16,076,047 […]

  • PETRONAS Showcasing Cutting Edge Strategy at 2nd Annual Offshore Structures Asia

    9 September 2013
    Business & Finance

      Malaysia’s national petroleum corporation – PETRONAS will be showcasing their cutting edge strategy on the direction, development, issues and challenges in the global industry at the 2nd Annual Offshore Structure Asia from the 25th to 27th November 2013. Joining PETRONAS on the list of distinguished speakers are PETROFAC, Qatar Petroleum, PERTAMINA, Seaoil, Schlumberger, Baker […]

  • Aquamarine’s CEO Elected to Ocean Energy Europe Board

    9 December 2014
    Business & Finance

    Aquamarine Power Chief Executive Office John Malcolm was today elected to the board of Ocean Energy Europe – the influential Brussels-based trade body which has an important role in shaping European policy for wave and tidal energy. Speaking on his election at their AGM today, Mr Malcom said: “The recent events in the wave energy […]

  • Capesize Bulker Joins GOGL’s Fleet

    19 January 2018
    Business & Finance

    GOGL has taken delivery of the second of the two Capesize bulkers bought in October from affiliates of Hemen Holding.

  • Star Bulk Prices USD 50 Mn of Senior Notes

    3 November 2017
    Business & Finance

    Greek dry bulk shipping firm Star Bulk Carriers Corp. has announced pricing of USD 50 million of senior unsecured notes due 2022. As informed, the notes will bear interest at a rate of 8.3% per year, payable quarterly in arrears on each February 15, May 15, August 15 and November 15, commencing on February 15, 2018. They […]

  • Moody’s Upgrades Royal Caribbean Rating

    19 June 2018
    Business & Finance

    Moody’s upgraded Royal Caribbean Cruises’ senior unsecured rating to Baa2 from Baa3. Rating outlook is stable.

  • MTS Hands Over the Sea Slice

    12 November 2015
    Business & Finance, Operations & Maintenance

    UK-based marine service provider Marine and Towage Services Group Ltd. (MTS) has completed the charter to deliver the Sea Slice, a specialist offshore vessel, to its new Danish owners, Advanced Offshore Solutions. The 1996-built Sea Slice, originally designed as an experimental vessel for the US Navy, was sold last year to Advanced Offshore Solutions for deployment in the European […]

  • Triton Knoll Announcement: Historic Step for UK Offshore Wind Industry Says RenewableUK

    11 July 2013

    RenewableUK has welcomed news that Triton Knoll Offshore Wind Farm, to be built off the east coast of England, has been given final consent by the Secretary of State for Energy and Climate Change Edward Davey. This major project will include up to 288 turbines and is due to have an installed capacity of up […]

  • The Crown Estate Hails Support for Five OW Projects

    24 April 2014
    Authorities & Government

    The Crown Estate has welcomed the contracts announcement by the UK Government for eight renewable electricity projects, including five for offshore wind farms. The contracts represents a total of 4.5 GW potential capacity – enough clean electricity to power over three million homes – with more than 3.1 GW of that from offshore wind. The […]

  • Luxembourg: EIB to Finance Northwind Project with EUR 333 Million

    29 June 2012
    Business & Finance

    The European Investment Bank (EIB) will grant EUR 333 million to finance the Northwind offshore wind power plant. The financial close, which was announced yesterday, will cover the construction and operation of a 216 MW offshore wind farm to be built on a sandbank located 37 km from the port of Ostend on the Belgian coast. This new […]

  • Reportlinker Publishes European Wind Energy Update

    6 March 2012

    In an environment of climate change policies, government support mechanisms, and renewable energy targets, Europe’s power market will see rising supplies from wind power. Despite wind power being a mature technology in Europe, it is expected to remain a significant source for electricity generation between 2010 and 2050.A comprehensive analysis of the European wind power […]

  • ENEA sums up Italian ocean energy research activities

    2 October 2017
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    Italian National Agency for New Technologies, Energy and Sustainable Economic Development (ENEA) has published a paper on the current state of ocean energy research and development in Italy.

  • UK: Gasol Draws Down USD 30 Mln for LNG Projects

    28 October 2013

    Gasol plc announced that it has executed a multi-tranche, Euro Medium Term Note instrument. The Note has an interest rate of 9 per cent per annum and a maturity of just over 4 years in December 2017. Interest is payable twice yearly. The Board announced that the first US$30 million tranche of the Note has been […]