5759 results found for 'matuku'

5759 results found for 'matuku'
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  • IHC IQIP Invests in BLUE Piling Tech

    9 April 2019
    Business & Finance, Technology

    The Dutch IHC IQIP is investing in the BLUE Piling technology for driving the foundation piles of offshore wind turbines into the seabed. IHC IQIP has decided to join forces with Jasper Winkes, the developer of the BLUE Hammer, as it believes this technology “has a big future” and is a logical step in the further development and growth of offshore wind. […]

  • DONG Taps Lloyd’s Register for US Offshore Wind Projects

    18 May 2017
    Research & Development

    DONG Energy has awarded Lloyd’s Register with a second contract to support offshore survey work on DONG’s two projects in the United States – the Bay State Wind and Ocean Wind.

  • BW LPG Seals USD 150 Million Refinancing Deal

    6 February 2018
    Business & Finance

    BW LPG Limited has signed a USD 150 million loan agreement with a syndicate of lenders.

  • Euroseas Acquires Panamax Bulker

    24 November 2016
    Business & Finance

    Greek owner and operator of dry bulk and container vessels Euroseas has signed a memorandum of agreement (MOA) with its compatriot shipping company Tri-Marine Shipping to purchase the M/V Capetan Tassos, a Panamax dry bulk carrier for around USD 4.4 million. The 75,100 dwt vessel, built at Japanese Hitachi shipyard in 2000, is expected to be delivered to […]

  • Frontline Thrives on Strong Tanker Market

    29 February 2016
    Business & Finance

    John Fredriksen-controlled oil tanker shipping company Frontline Ltd. has reported an increased net income of USD 124.3 million in 2015, compared to USD 86.2 million reached in 2014. Robert Hvide Macleod, Chief Executive Officer of Frontline Management AS, said that Frontline’s fourth quarter of 2015 was strong with net income attributable to the company reaching USD 58.6 million. […]

  • Australia: MEO Renews WA-360-P Exploration Permit

    8 March 2012
    Business & Finance

    The renewal of WA-360-P marks the start of the next phase in our Carnarvon Basin exploration program, MEO’s CEO and MD Jürgen Hendrich says.

  • Greece: Dryships Announces $325 Million Bridge Loan Facility

    3 December 2010
    Business & Finance

      DryShips Inc. , a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced today that its subsidiary, Drillships Hydra Owners (the owning company of the Ocean Rig Corcovado), has signed a commitment letter with an international lender for a $325 million Senior Secured Bridge Loan Facility. Under […]

  • Wellard Seals Financing for Latest Fleet Addition

    27 May 2016
    Business & Finance

    Australian livestock ship owner and operator Wellard Ltd has finalized the financing of its livestock carrier M/V Ocean Shearer with Intesa Sanpaolo S.p.A., Hong Kong Branch. The 10-year loan in the amount of USD 59 million, which is backed by a commercial risk insurance policy from China Export & Credit Insurance Corporation (Sinosure), would be funded at commercial […]

  • ZIM’s Restructuring Steams Ahead

    18 July 2014
    Business & Finance

    Israel’s biggest cargo shipping company ZIM announced the completion of its comprehensive debt restructuring, following 18 months of intensive negotiations with all of the company’s creditors.   Israel Corporation’s investment of $200 million of new equity in return for 32% of the shares in ZIM has paved way for the restructuring’s conclusion. The investor will […]

  • APSI Commitment for $65m Expires

    20 January 2014

    The commitment letter between Aker Philadelphia Shipyard, Inc. (APSI) and a group of private lenders that was announced on 14 November 2013 has expired. This commitment had been for a secured term loan of $65 million with a variable interest rate of LIBOR plus 7.00%. This loan will not be closed. The previously announced commitments […]

  • Gulf of Mexico’s ‘Dense Microcosm of Issues’ Draws Global Audience to Summit

    17 January 2014
    Business & Finance

    Organizers of 6th Annual Decommissioning & Abandonment Summit said that registrations for the biggest decommissioning and abandonment gathering in the world, taking place in Houston in March, have chalked up a record number of attendees from outside the United States, making it a truly global event. As well as the traditionally strong turnout from the […]

  • TORM acquires Team Tankers’ MR fleet

    2 March 2021
    Business & Finance, Business Developments & Projects, Environment, Infrastructure, Vessels

    Danish shipping company TORM has entered into an agreement to buy eight MR product tankers from Bermuda-based Team Tankers Deep Sea Ltd. for a total cash consideration of $82.5 million and the issuance of 5.97 million shares.

  • Expro’s Activities Highlighted at Offshore Energy 2013

    4 November 2013
    Business & Finance

    During Offshore Energy 2013 held in Amsterdam RAI on 15 and 16 October, our reporters spoke to Stuart Ross, Europe CIS Regional Technical Manager for Well Test at Expro. Stuart highlighted Expro’s activities in pioneering well flow management: “Expro provides our clients with the services, products and expertise to measure, improve, control and process flow […]

  • OKEA looking to raise $100M via Oslo IPO

    10 May 2019
    Business & Finance

    Norwegian oil and gas firm OKEA is planning to raise $100 million via an initial public offering and is going to apply for listing on the Oslo Stock Exchange.

  • USA: Endeavour Releases First Quarter 2011 Financial and Operational Results

    4 May 2011
    Business & Finance, Operations & Maintenance, Research & Development

    Endeavour International Corporation  reported adjusted EBITDA for the first quarter of 2011 was $4.1 million compared to $9.7 million in the first quarter of 2010. On a GAAP basis, net loss was $(7.5) million for the first quarter of 2011 as compared to $(15.2) million for the same quarter in 2010. “Since the beginning of […]

  • InterOil Posts Q3 2012 Results (PNG)

    15 November 2012

    InterOil Corporation announced financial and operating results for the third quarter ended September 30, 2012 and also certain recent developments. Third Quarter 2012 Highlights and Recent Developments Net profit for the quarter ended September 30, 2012 was $5.3 million. Operating segments of Corporate, Midstream Refining and Downstream collectively derived a net profit for the quarter […]

  • France: GDF Suez LNG Sales Climb

    28 February 2013

    GDF SUEZ of France recorded a + 7.0% increase in revenues, to EUR 97.0 billion (organic growth of + 5.8%). This performance resulted from an increase in sales of gas and electricity in France, which benefited from a return in 2012 to average weather conditions, the progression in exploration-production activities and LNG sales, and the […]

  • SeaBird Strikes Restructuring Deal

    1 August 2017
    Business & Finance

    SeaBird said it has obtained all consents required for the restructuring it presented in May this year. The company has signed an agreement with Glander whereupon USD 1,911,896 of the principal amount and all accrued interest as of 3 June 2017 owed to Glander under the Glander Credit Facility shall be irrevocably repaid and discharged upon […]

  • Statoil to Triple Arctic Research Budget (Norway)

    28 August 2012
    Business & Finance

    Statoil is stepping up its Arctic activities and will drill nine wells during a non-stop 2013 Norwegian Barents exploration campaign. The company plans to meet development challenges here by tripling its Arctic technology research budget. Statoil’s exploration experience in the Barents is already extensive. Of the 94 exploration wells drilled in the Norwegian Barents Sea […]

  • USA: Contango Says Still on Schedule for Production Start at Vermilion 170

    8 August 2011
    Business & Finance

    Contango Oil & Gas Company announced today that it is still on schedule for production to begin at its Vermilion 170 (Swimmy) discovery in September 2011 at an estimated rate of 15 million cubic feet equivalent per day (“Mmcfed”), net to Contango. Contango currently have 11 wells, producing approximately 77 Mmcfed, net to Contango. The […]

  • RWE Innogy and CEE Seal Agreement on Long-term Venture Capital Co-operation (Germany)

    21 November 2011
    Business & Finance

    Essen-based RWE Innogy and Conetwork Erneuerbare Energien (CEE), of Hamburg, a company in which Bankhaus Lampe has a participating interest, today sealed their agreement on long-term venture capital co-operation. CEE has taken a EUR 25 million stake in Innogy Renewables Technology Fund I (IRTF I), and holds thereby around 22 percent of the fund. RWE […]

  • Ballast Nedam: “Poor Year, Sharper Strategic Focus and Solid Refinancing”

    10 March 2014
    Business & Finance

    Ballast Nedam has issued its annual results for 2013, which show that the company had a difficult year. However, its results in the offshore wind energy market were rather good. Results in line with the press release of 5 February 2014 Operating loss of € 30 million, including € 18 million of restructuring costs and […]

  • SAAM Terminals’ ports unlock key milestone in carbon emissions reduction

    16 September 2024
    Ports & Logistics

    For the first time ever, port terminal operator SAAM Terminals has certified all of its Chilean ports’ carbon emissions quantification and reduction in 2023, having collectively cut over 9,000 metric tons of CO2. As per SAAM Terminals, the operator’s Chilean ports, namely the Antofagasta, Iquique, San Vicente and Portuaria Corral, have cut down emissions by […]

  • Hy24 commits to invest €13 million in Hexagon Purus

    16 January 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Technology

    Hy24, a clean hydrogen pure-play investment manager, will invest around €13 million into Norwegian hydrogen systems supplier Hexagon Purus. The investment is the first by Hy24’s new Clean Hydrogen Equipment Fund, focused on industrializing the supply chain to scale the clean hydrogen economy. The fund builds on the momentum of Hy24’s Clean Infrastructure Fund, which […]

  • South Korea to launch clean hydrogen certification system

    15 November 2023
    Authorities & Government, Certification & Classification, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    South Korean Ministry of Trade, Industry and Energy (MOTIE) has announced that the proposal for an amendment to the ‘Hydrogen Economy Promotion and Hydrogen Safety Management Act’ has passed the 47th Cabinet meeting’s deliberation and resolution process, enabling the government to move forward with the establishment of a clean hydrogen certification system. The approval follows […]