5713 results found for 'matuku'

5713 results found for 'matuku'
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  • Navios Acquisition Nears Debt Refinancing on Four Tankers

    7 February 2018
    Business & Finance

    Navios Acquisition is in advanced discussions for re-financing its credit facility of four product tankers.

  • International Seaways to Buy Euronav’s Six VLCCs

    21 December 2017
    Business & Finance

    International Seaways has reached a deal to buy the holding companies for six 300,000 dwt VLCCs from Euronav NV.

  • Ireland: TBS International to Deleverage Its Balance Sheet and Refresh Its Fleet

    21 December 2011
    Business & Finance

    TBS International plc today announced that it has reached agreements with its bank lenders on terms to reduce its leverage and refresh its fleet. As part of these agreements, TBS and the syndicates led by Bank of America​ and DVB Group Merchant Bank have agreed on terms to restructure outstanding indebtedness that contemplate exchanging existing […]

  • Infield Sees Latin America and Africa Leading Subsea Industry

    10 July 2014
    Business & Finance, Research & Development

    Infield Systems expects positive prospects for growth in the subsea sector, with global subsea capital expenditure (Capex) and subsea tree installations both anticipated to double in the next five years. Overall, the subsea market will grow at a CAGR of 6.72% from 2014-2018. The principle driver for subsea growth is an increasing trend towards deepwater […]

  • Norway Approves Oseberg Vestflanken 2

    14 June 2016
    Business & Finance, Operations & Maintenance

    The Ministry of Petroleum and Energy has sanctioned the plan for development and operation (PDO) of Oseberg Vestflanken 2. Reserves projected at 110 million barrels of oil equivalent the investments are estimated at NOK 8.2 billion (2015). The Oseberg Vestflanken 2 development consists of an unmanned wellhead platform with ten well slots. In addition two […]

  • McDermott Wins Offshore Installation Gig Off Brunei

    11 November 2014
    Operations & Maintenance, Project & Tenders

    McDermott International has been awarded a three-year shallow water pipeline contract by Brunei Shell Petroleum Company Sdn. Bhd. (“BSP”) to transport and install pipelines and umbilicals for the Champion and Ampa Fields offshore Brunei. Work is expected to be executed through 2017. The full scope of work will be executed in annual work plans that […]

  • Laying of Malta-Siciliy Interconnector Starts

    30 December 2013

    Enemalta reached another major milestone with Sicily. On December 28 a cable laying ship which has 50km (5,000 tonnes of cable) of the interconnector cable could be seen from the Coast Road in Bahar ic-Caghaq. This ship, the Nexans Skagerrak, is a specially made ship which is designed for the laying of underwater cables. This […]

  • USA: 6th Annual Decommissioning & Abandonment Summit Attracts Visitors

    17 January 2014
    Business & Finance

    Organizers say 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 North Sea market, companies represented at DecomWorld’s 6th […]

  • ‘Polarcus Asima’ in Otway seismic shoot for 3D Oil

    29 October 2014
    Business & Finance, Equipment

    3D Oil Limited (TDO) has contracted a research/survey vessel Polarcus Asima to acquire the Flanagan 3D seismic survey in its T/49P Permit in the Otway Basin, offshore eastern Australia. The Flanagan survey is designed to mature a number of leads in northern part of the block, 3D Oil says. These are located adjacent to the […]

  • Statoil: Semi-sub Transocean Spitsbergen suspended

    6 November 2014
    Business & Finance, Exploration & Production

    Statoil has decided to suspend two rigs due to overcapacity in the rig portfolio. Transocean Spitsbergen and Songa Trym will be suspended through 2014, a period which might be extended. Songa Offshore has reported today that Statoil will suspend Songa Trym contract after the current well at the Oseberg field in the North Sea. Statoil says that […]

  • Panoro files for arbitration over Aje field dispute

    6 December 2016

    Panoro Energy has filed a request for arbitration against its joint venture partners in OML 113 off Nigeria due to a cash call notice for a new well on the Aje field.  Panoro, through its fully owned subsidiary Pan Petroleum Aje Limited (PPAL), holds 6.502% participation interest in OML 113. The partners in the license are […]

  • Expro Bags Well Services Contract for Bentley Field (UK)

    23 July 2012
    Business & Finance, Operations & Maintenance

    Leading international oilfield services company Expro has been awarded a contract to provide equipment and services in support of Xcite Energy’s 90 day extended well test in the Bentley Field. Located in Block 9/3b. 160km’s east of the Shetlands, the Bentley Field is said to contain 116 million barrels of proven and probable reserves. Expro […]

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

    8 March 2012
    Business & Finance, Operations & Maintenance

    MEO Australia Limited advises that Commonwealth – Western Australia Offshore Petroleum Joint Authority (the “Designated Authority”) has granted a five year renewal of Petroleum Exploration Permit WA-360-P commencing 6th March 2012. The renewal includes the mandatory relinquishment of seven of the original 15 graticular blocks which comprised the permit and retention of eight graticular blocks. […]

  • Oil & Gas UK: Industry ready for new era of exploration in North Sea

    13 July 2018

    According to Oil & Gas UK, improved access to seismic data, a focus on innovation and a recasting of diverse businesses on the UKCS are good signs ahead of the 31st Offshore Licensing Round.

  • Gulf Marine gets two-year extension to bank loan

    15 January 2018
    Business & Finance

    Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESVs) to the offshore oil, gas and renewable energy sectors, has made some changes to its existing bank facility agreement.

  • Aker Solutions targets subsea services market with upgraded Aberdeen base

    26 April 2018

    Norwegian oil services company Aker Solutions has opened its upgraded Aberdeen services facility.

  • BPO Launches New LNG Bunkering Project

    24 September 2014

    Baltic Ports Organisation (BPO) has decided to initiate another project related to the possible LNG bunkering infrastructure facilities at the ports and possible bunkering vessels in some relevant Baltic Sea Ports and regions, taking into account the experience gained from the LNG projects, the maturity of the global project in the Baltic Sea Region, and […]

  • Port of Rotterdam’s Oldest Container Terminal Closes Its Gates

    5 October 2015
    Business & Finance

    The Port of Rotterdam has closed its oldest container terminal ECT City Terminal at the Eemhaven on Thursday, 1 October, with the departure of the last sea-going client, the container ship CMA CGM Sambhar. The decision comes as the terminal became unable to cope with the increases in scale in container shipping after almost 50 years […]

  • Brazil: OSX Raises USD 500 Million for FPSO Financing

    14 March 2012
    Business & Finance

    OSX raised US$ 500 million by issuing Senior Secured Bonds in the international market, the net proceeds of which shall be used for the construction of its FPSO OSX-3. The FPSO OSX-3 will have an oil production capacity of 100.000 bopd and a storage capacity of up to 1.300.000 bbls. The unit will be chartered […]

  • Ardmore Secures Debt Financing

    5 February 2014

    Ardmore Shipping Corporation (Ardmore) has signed a commitment letter for a new $172 million credit facility with ABN AMRO Bank N.V., Nordea Bank Finland Plc, and Skandinaviska Enskilda Banken AB (SEB). The proceeds from the new facility are expected to be used to finance up to 65% of the purchase price of eight new vessels […]

  • Ardmore Secures Financing for Majority of Vessels on Order

    5 February 2014
    Business & Finance

    Ardmore Shipping Corporation has signed a commitment letter for a new $172 million credit facility with ABN AMRO Bank N.V., Nordea Bank Finland Plc, and Skandinaviska Enskilda Banken AB (“SEB”). The proceeds from the new facility are expected to be used to finance up to 65% of the purchase price of eight vessels on order […]

  • DSME Lays Keel for Petronas’ First Floating LNG Facility

    8 January 2014
    Business & Finance

    The keel laying process for PETRONAS’ first floating liquefied natural gas facility (PFLNG 1) has commenced this week, marking another significant milestone in the construction of the facility at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea. The first block of the keel, the basic structure around which the hull of […]

  • Stern Section of Zumwalt (DDG 1000) Joins Two Other Ultra Units, USA

    5 October 2012

    Under the lights on September 29, 2012, General Dynamics Bath Iron Works (GDBIW) shipbuilders moved the 1,850-ton Ultra Unit comprising the stern section of Zumwalt (DDG 1000) on to the Land Level Transfer Facility. This unit now joins with the two other Ultra Units and the bow section which were already in place on the […]

  • Enel issues €1.25B green bond

    10 January 2017
    Business & Finance, Research & Development, Technology

    Italian energy giant Enel has launched green bond totaling €1.25 billion as the company transitions towards clean energy future.

  • Wave Energy Scotland funds studies

    11 February 2016
    Authorities & Government, Business & Finance, Research & Development, Technology

    Wave Energy Scotland (WES) has awarded £250,000 to industry partners for three landscaping studies in wave energy materials, structural forces and technology transfer. Arup’s team will lead the delivery of the research into structural forces and stresses, and the Institute for Materials and Processes at the University of Edinburgh will, with three other partners, carry […]