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Hydrostor Announces Close of US$37 Million Growth Financing

5 hours ago DieselGasoil Comments Off on Hydrostor Announces Close of US$37 Million Growth Financing
TORONTO, Sept. 19, 2019 (GLOBE NEWSWIRE) — Hydrostor, a leading developer of Advanced Compressed Air Energy Storage (A-CAES) projects, announced today the closing of US$37 million (C$49 million) in growth financing. RBC Capital Markets acted as Hydrostor’s advisor on the transaction. Meridiam, the global developer, asset and fund manager specializing in sustainable infrastructure and energy Read More

TGS kicks off latest 3D survey offshore Africa

11 hours ago DieselGasoil Comments Off on TGS kicks off latest 3D survey offshore Africa
9/19/2019 ASKER, NORWAY – TGS has has fired first shot to commence a new survey in the MSGBC Basin, offshore north-west Africa. The Senegal Ultra-Deep offshore 3D survey covers over 4500km2, with a modern broadband acquisition set-up. It is being undertaken in partnership with GeoPartners – using the vessel, BGP Prospector – and has the Read More

Talos Energy strikes Gulf of Mexico deals with BP, ExxonMobil

11 hours ago DieselGasoil Comments Off on Talos Energy strikes Gulf of Mexico deals with BP, ExxonMobil
9/19/2019 HOUSTON – Talos Energy has entered into two separate agreements with BP and Exxon Mobil related to new exploration opportunities in the U.S. Gulf of Mexico. The Company will work with BP to drill and evaluate the Puma West prospect, located in Talos-owned Green Canyon Block 821, in the fourth quarter of 2019. Additionally, Read More

Kvaerner invests to increase productivity and competitiveness

12 hours ago DieselGasoil Comments Off on Kvaerner invests to increase productivity and competitiveness
Kvaerner is taking new steps to increase competitiveness and position the company for future growth. At the Group’s advanced facilities at Stord, the capacity in the yard area, storage area and offices is expanded. In addition, Kvaerner establishes its own inhouse capacity to supply insulation boxes, which often makes up a significant part of offshore Read More

McDermott is said to hire restructuring firm for turnaround advice

13 hours ago DieselGasoil Comments Off on McDermott is said to hire restructuring firm for turnaround advice
By Allison McNeely and David Wethe on 9/19/2019 NEW YORK (Bloomberg) – McDermott International hired restructuring firm AlixPartners for strategic and operational advice as the company seeks to shore up its balance sheet, according to a person with knowledge of the matter. The Houston-based company’s stock plunged as much as 76% Wednesday — trading was Read More

SeaBird Exploration: new 2D survey award – Africa region

16 hours ago DieselGasoil Comments Off on SeaBird Exploration: new 2D survey award – Africa region
19 September 2019, Limassol, Cyprus SeaBird Exploration is pleased to announce that the company has signed a contract to acquire a 2D seismic survey for an international oil & gas company in the Africa region. The survey is due to commence towards the end of September and is estimated to run for approximately three weeks. Read More

AT&T, Dish not in talks over DirecTV deal: source

1 day ago DieselGasoil Comments Off on AT&T, Dish not in talks over DirecTV deal: source
The company logo for AT&T is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid (Reuters) – AT&T Inc (T.N) and Dish Network Corp (DISH.O) are not in discussions over a deal due to regulatory issues, a source familiar with the Read More

AT&T explores parting ways with DirecTV unit: Wall Street Journal

1 day ago DieselGasoil Comments Off on AT&T explores parting ways with DirecTV unit: Wall Street Journal
The company logo for AT&T is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid (Reuters) – AT&T is exploring parting from its DirecTV unit, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The wireless carrier Read More

FRO – Expiration of options to purchase additional Suezmax tankers

1 day ago DieselGasoil Comments Off on FRO – Expiration of options to purchase additional Suezmax tankers
Reference is made to the notice of 23 August 2019, whereby Frontline Ltd. (“Frontline”) (NYSE and OSE: FRO) announced an agreement with Trafigura Maritime Logistics (“TML”), a wholly-owned subsidiary of Trafigura Pte Ltd (“Trafigura”) and certain related entities, to acquire ten Suezmax tankers, with two separate options to acquire two plus two additional Suezmax tankers Read More

Britain to investigate $5 billion U.S. takeover of defense firm Cobham

1 day ago DieselGasoil Comments Off on Britain to investigate $5 billion U.S. takeover of defense firm Cobham
LONDON (Reuters) – Britain will investigate the national security impact of the purchase of defense company Cobham by U.S. private equity firm Advent International, potentially delaying or even blocking the $5 billion deal. FILE PHOTO: Canadian F-18 war planes (L) wait to refuel from a British VC-10 tanker aircraft over the Mediterranean Sea off Libya Read More