2890 results found for 'zagreb-1'

2890 results found for 'zagreb-1'
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  • Flex LNG to Buy Two LNG Carrier Newbuildings

    29 May 2018
    Business & Finance

    Flex LNG agrees to buy two 174,000 cbm LNG carrier newbuildings being built by Hyundai Heavy Industries.

  • Harkand Plunges into Administration

    5 May 2016
    Business & Finance, Operations & Maintenance

    IMR and light construction player Harkand has entered into administration after it, earlier this year, defaulted on the payment of its senior secured bond issue and interest, due to insufficient liquidity. As a consequence of default, Nordic Trustee, which acts as bond trustee for the bond issue where Harkand Finance is the issuer, replaced the company’s […]

  • Nord Stream Fully-Integrated Twin-Pipeline System Completed

    8 October 2012
    Business & Finance, Operations & Maintenance

    Just 30 months after the start of construction of its first pipeline, Nord Stream’s twin pipeline system came on stream today, on schedule and on budget. International specialists worked around the clock under the most challenging conditions to construct the pipelines with a total weight of 4 million tonnes. Nord Stream Managing Director Matthias Warnig […]

  • Total divests half of its stake in Gina Krog field

    19 October 2015

    French oil and gas company Total is divesting a share in its Gina Krog development in the North Sea, offshore Norway. Namely, Sequa Petroleum N.V. has through its subsidiary Tellus Petroleum AS signed an agreement with Total E&P Norge AS to purchase interests of 30% in PL 029C, 14.78% in PL 029C and 21.8% in PL 048, representing […]

  • Vallianz bags new charter contracts

    20 October 2014
    Business & Finance

    Singapore’s Vallianz Holdings Limited has clinched Letters of Award and new charter contracts with a total value of US$64 million in Mexico, West Africa and the Asia Pacific region. The Group will be supplying vessels ranging from anchor handling tug supply vessels (AHTS), platform supply vessels (PSV) and barges for periods of up to 3 […]

  • Aminex: Green light for Kiliwani North sale (Tanzania)

    17 December 2014
    Business & Finance, Project & Tenders

    Aminex has received a confirmation from the Tanzanian Ministry of Energy and Minerals that the Minister has no objection to the proposed sale of up to a 13% interest in the Kiliwani North Development Licence (KNDL) to Solo Oil for a total consideration of $7 million. The sale now remains subject only to a formal Deed […]

  • Shell is taking over BG. Here is what you need to know

    9 April 2015

    Offshore Energy Today yesterday reported on Shell’s move to take over rival company BG Group in what has been described as an oil & gas deal of the decade. Shell has agreed to acquire BG Group in a combined cash and shares transaction of an estimated value of $69.8 billion. Wood Mackenzie, one of the […]

  • Salamander to sell Bualuang stake to SONA (Thailand)

    5 June 2014
    Business & Finance

    Salamander has signed a non-binding HoA with SONA to sell an effective 40% working interest in both the B8/38 concession,containing the Bualuang Field in the Gulf of Thailand, and the surrounding G4/50 concession for a total cash consideration of US$280 million. SONA is a special purpose acquisition company (“SPAC”) listed on the Malaysian stock exchange formed by a group […]

  • NAO Acquires Six from Blue Ship Invest

    1 November 2013

    Newly-established offshore shipping company Nordic American Offshore (NAO) has agreed to acquire six platform supply vessels from Blue Ship Invest (BSI). The vessels are of the PX121 type, and were designed and constructed by ULSTEIN in 2012-13. NAO has its source from the international tanker company Nordic American Tankers (NAT). “We are very pleased with […]

  • Nexans Acquires AmerCable Holdings for USD 275m (USA)

    13 February 2012

    Nexans, a worldwide leading expert in the cable industry, makes a major investment in the growing Mining, Oil & Gas and Renewable Energy cable markets.  Nexans has agreed to acquire AmerCable Holdings Inc. (“AmerCable”), the #1 producer of primarily Mining, Marine Oil & Gas and other industrial cables, including Renewable Energy, in North America for […]

  • UK’s National Audit Office Scrutinizes Renewable Energy Contracts

    27 June 2014
    Authorities & Government, Business & Finance

    UK’s National Audit Office (NAO) issued a report Early Contracts for Renewable Electricity today. The NAO said that it is not convinced that the Government sufficiently protected consumers’ interests by awarding without competition £16.6 billion worth of early contracts to eight renewable generation projects at risk of investment delay. This decision may provide higher returns to contractors than […]

  • Gardline Hears the Kites Calling

    4 October 2016
    Research & Development, Technology

    Norfolk-based marine service company Gardline Marine Sciences has been supporting Kite Power Solutions (KPS) in characterising the low level wind environment at the KPS test site at West Freugh in Dumfries and Galloway, Scotland. Kite Power Solutions is developing an Airborne Wind Energy system that uses kites to harness the energy from the wind. The KPS technology […]

  • BP and Bermuda-based firm set FLNG payment dispute to rights

    6 August 2024
    Business & Finance, Business Developments & Projects

    Golar LNG has made arrangements with BP to put into effect a commercial reset for an FLNG deployed at a gas project off the coasts of Mauritania and Senegal.

  • OPEC and allies agree on deeper production cuts

    9 December 2019

    Saudi Arabia together with other OPEC members and Russia have decided on deeper production cuts for the first quarter of next year as part of an attempt to prevent oversupply and support oil prices.

  • Providence further extends deadline for Barryroe loan

    15 July 2019

    The Irish oil and gas operator Providence has extended a deadline for the receipt of a loan by China’s APEC, despite saying last week there would be no more extensions.

  • China moves controversial oil rig back towards Vietnam coast

    26 June 2015
    Exploration & Production

    BEIJING (Reuters) – China has moved an oil rig at the centre of last year’s violent dispute with Vietnam closer to Vietnam’s coast in the disputed South China Sea, just weeks ahead of the first visit by a chief of Vietnam’s Communist Party to Washington. The move, announced by China’s maritime safety authorities, comes soon […]

  • Kenya: Cove Energy Plc Signs Farm-in Agreement with DEPCO for 5 Offshore Blocks

    28 July 2010
    Business & Finance

    Cove Energy plc  the AIM quoted upstream oil and gas company focused on East Africa, announced that it has concluded a conditional farm in agreement with Dynamic Energy Exploration and Production Corporation (“DEPCO”) to acquire a 15% participating interest in five contiguous deepwater blocks L5, L7, L11A & B and L12 (the “Blocks”) covering an […]

  • Frugal Technologies gets BV’s nod for its propulsion system

    4 January 2023
    Certification & Classification

    Denmark-based marine fuel management company Frugal Technologies has received a type approval from classification society BV for its AI-based propulsion system.

  • Altera Infrastructure enters Chapter 11 to tackle its debt

    15 August 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Rules & Regulation

    UK-based Altera Infrastructure has entered a Chapter 11 bankruptcy process in the U.S. to address its debt of over $1.5 billion.

  • LS Cable & System preferred supplier for 400 MW Korean offshore wind project

    7 June 2023
    Business Developments & Projects, Project & Tenders

    South Korean subsea cable manufacturer LS Cable & System has been selected as the preferred bidder for the supply of subsea cables for the country’s 400 MW Shinanwui offshore wind project, being developed by Hanwha Engineering & Construction. The Shinanwui (Sinan Ui) offshore wind farm will be built in the southeastern sea area of ​​the Ui-Do island, in Sinan […]

  • Petrofac takes over decommissioning scope in Mauritania from Maersk Decom

    18 May 2022
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Petrofac has grown its presence in Africa after having been selected by Tullow Oil to provide well decommissioning services in Mauritania.

  • Royal IHC prepares for job cuts as it returns to core offshore and dredging market

    12 November 2020
    Business & Finance, Business Developments & Projects, Equipment, Infrastructure

    Royal IHC has decided to reorganise. This means that about 300 jobs will be lost in the Netherlands and about 300 in other locations.

  • TORM signs 1st sustainability-linked loan

    11 November 2020
    Business & Finance

    Danish shipping company TORM has refinanced its existing facility with Danish Ship Finance with a new $150 million loan which includes a CO2 emission-linked pricing mechanism. The facility will postpone the debt maturity for eight vessels until 2027, providing the company with $12 million in liquidity. TORM said the adjustment in pricing is linked to the […]

  • USA: Army Corps Receives Favorable Biological Opinion on Savannah Dredging

    10 November 2011
    Business & Finance

    The National Oceanic and Atmospheric Administration (NOAA) Fisheries Service has issued its final Biological Opinion on the effects of deepening the Savannah harbor on federally protected endangered species. The opinion concludes that the U.S. Army Corps of Engineers’ plan to deepen the harbor is “not likely to jeopardize species” listed or proposed for listing under […]

  • Sevan’s cylindrical FPSO concept selected for Barents Sea project

    24 December 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition, Vessels

    Sevan SSP has revealed its concept was chosen for the Equinor-operated Wisting field development in the Barents Sea.