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ECONOWIND SECURES INVESTMENT TO HARNESS THE WIND FOR DEEP-SEA SHIPPING
Dutch company Econowind, based in Zeewolde, has secured €1 million in development capita...
CORPOWER OCEAN SECURES EUR 32M FUNDING TO COMMERCIALISE WAVE ENERGY
Investment round led by NordicNinja VC, SEB Greentech and EIT InnoEnergy in consorti...
RSK SECURES £520 MILLION CAPITAL INJECTION
RSK Group, a global leader in the delivery of sustainable solutions, has completed its strategic ...
PETROFAC EXTENDS FORBEARANCE AGREEMENT
Petrofac is holding its Annual General Meeting today. Alongside this event, the Company provides ...
CCC TRAINING: INTRODUCTION TO PROJECT FINANCE
Date: Monday September 16th to Tuesday September 17th Location: Online This course has been d...
TWMA CLOSES ON $62.5MILLION SUSTAINABILITY LINKED BOND
Specialist drilling waste management company, TWMA, announced that it has closed on a $62.5millio...
NAUTICUS ROBOTICS RAISES $12M IN FUNDING TO EXECUTE 2024 GOALS
Nauticus Robotics, a leading developer of subsea robots and software, announces securing over $12...
REFINANCING OF SOLSTAD OFFSHORE SUCCESSFULLY COMPLETED
Solstad Offshore today announced that its subsidiary Solstad Shipholding AS has successfully comp...
STOREGGA SUCCESSFULLY COMPLETES ITS FOURTH FUNDING ROUND
Highlights Storegga has successfully completed its fourth funding round. The compan...
KIRK LOVEGROVE & COMPANY ADVISES SERICA ON $525 MILLION RBL LOAN FACILITY
Kirk Lovegrove acted as financial adviser to Serica Energy Plc on their new US$525 million 6-year...
SOLSTAD OFFSHORE SUBSIDIARY ANNOUNCES REFINANCING SOLUTION WITH AKER
Solstad Offshore ASA (“SOFF” and, together with its subsidiaries, the “Solstad ...
SQUARE ROBOT SECURES $5M GROWTH INVESTMENT FROM CROSSTOWN CAPITAL
Square Robot Inc., a leader in robotic tank inspection services, today announced a $5 million...
TGS PROVIDES THIRD QUARTER REVENUE UPDATE
Based on preliminary reporting from operating units, management of TGS ASA ("TGS") expe...
MCDERMOTT ENTERS INTO A TRANSACTION SUPPORT AGREEMENT
Reaches Transaction Support Agreement with More Than 75% of Secured Letter of Credit Facility ...
ODFJELL ANNOUNCES SUCCESSFUL COMPLETION OF REFINANCING
Odfjell Drilling today announced the successful completion of its planned refinancing with secure...
PGS COMPLETES REFINANCING
PGS has successfully placed a new $450 million senior secured bond with 4-year tenor). The procee...
ARCHER ANNOUNCES AGREEMENT IN PRINCIPLE ON REFINANCING SOLUTION
Archer Limited has reached an agreement in principle with its secured lenders and other stakehold...
STROHM COMPLETES A €29M INVESTMENT ROUND
Strohm, the world’s first and leading producer of Thermoplastic Composite Pipe (TCP), has c...
PHAROS OFFSHORE GROUP SECURES FUNDING TO SUPPORT GROWTH
Seabed intervention and subsea robotics services company Pharos Offshore has secured a £...
VALARIS AUTHORIZES $100 MILLION SHARE REPURCHASE PROGRAM
Valaris has announced that its Board of Directors has authorized a share repurchase program under...
STATS GROUP POST REVENUE INCREASE OF £49.7 MILLION
STATS (UK) Ltd increased revenues to just under £50 million while EBITDA earnings rose ...
DATAGRATION SECURES ADDITIONAL CAPITAL INVESTMENT TO SUPPORT GROWTH
Datagration Solutions announced today the closing of additional equity financing to support the g...
PGS PROVIDES YEAR-END FINANCIAL UPDATE
PGS expects to report Revenues and Other Income As Reported (1) according to IFRS for Q4 2021 of ...
CGG PROVIDES Q4 & FULL YEAR 2021 FINANCIAL UPDATE
Q4 2021 Segment Revenue expected at around $301 million, up 15% sequentially and up 12% year-o...
SENTINEL SUBSEA SECURES FUNDING FROM ALBA EQUITY
Sentinel Subsea, specialists in passive well integrity monitoring, has secured a six-figure inves...
SEADRILL RECEIVES HISTORIC PAYMENTS FROM PEMEX
Seadrill and the Issuer announce that at the end of September 2021, certain subsidiaries of SeaMe...
SBM OFFSHORE COMPLETES BRIDGE LOAN FOR FPSO ALMIRANTE TAMANDARÉ
SBM Offshore has secured a US$635 million bridge loan facility for the financing of the construct...
KEROGEN CAPITAL ANNOUNCES COMPLETION OF ZENNOR PETROLEUM SALE TO NEO ENERGY
Kerogen Capital and Zennor Petroleum today announced the completion of the previously announced s...
THREE60 ENERGY GROUP SECURES SEVEN FIGURE DEAL TO AID GROWTH
THREE60 Energy Group have secured a seven-figure funding package to support our growth strategy. ...
TECHNIPFMC COMPLETES SHARE PURCHASE AGREEMENT WITH BPIFRANCE
TechnipFMC today provides an update on the Share Purchase Agreement with Bpifrance Participations...
CGG PROVIDES FINANCING UPDATE
CGG announced today that CGG S.A. has successfully priced an offering of US$500 million in aggreg...
GETECH ANNOUNCES CONDITIONAL PLACING AND SUBSCRIPTION TO RAISE £6.0 MILLION
Getech, a provider of data, knowledge and software products to the energy industry, has completed...
SEMBCORP MARINE REPORTS S$583 MILLION NET LOSS FOR FY 2020
Excluding impairments and provisions, the FY 2020 net loss was S$439 million After being shu...
VALARIS ANNOUNCES AMENDED RESTRUCTURING SUPPORT AGREEMENT
Company Expected to Emerge with Robust Financial Foundation via Equitization of $7.0 Billion o...
DOF SECURES EXTENSION OF STANDSTILL AGREEMENTS WITH SECURED LENDERS
DOF ASA and DOF Subsea AS report that each of the companies have agreed to extend the princi...
DIAMOND OFFSHORE ANNOUNCES RESTRUCTURING PLAN
Diamond Offshore Drilling has entered into a plan support agreement with holders of over 70% of e...
POLARCUS TO ADDRESS LONG TERM FINANCING STRUCTURE FOLLOWING FINANCIAL DEFAULT
Polarcus has confirmed to the relevant Finance Parties a payment default under its Working Capita...
BORR DRILLING TO OFFER EQUITY OFFERING OF USD 40 MILLION
Borr Drilling today announced that in connection with Company’s previously announced liquid...
MCDERMOTT COMPLETES NEW CAPITAL RAISE FOR $560 MILLION
McDermott International, Ltd today announced that on Dec. 31, 2020, it secured $560 million in ne...
THE OIL AND GAS SECTOR’S PATH TO INVESTMENT
In order for Oil & Gas companies to secure funding during these challenging times, investors ...
SICCAR “CONNECTS” WITH PAR EQUITY TO SECURE A £1.3M INVESTMENT
SICCAR has received an investment of £1.3m led by specialist technology investment house, P...
MCDERMOTT SECURES $560 MILLION IN NEW CAPITAL TO FUND FUTURE GROWTH
McDermott International has secured approximately $560 million in new capital through a series of...
PACIFIC DRILLING COMMENCES VOLUNTARY CHAPTER 11 PROCEEDINGS
Pacific Drilling announced today that it and certain of its domestic and international subsidiari...
WELL-SAFE SOLUTIONS SECURES MAJOR INVESTMENT
Following the recent acquisition of their second asset, Well-Safe Solutions has secured a signifi...
WOOD EXTENDS PRINCIPAL BANK DEBT FACILITY TO MAY 2023
Wood today announces the extension of its revolving credit facility to May 2023. Recognising the ...
DOF ASA AND DOF SUBSEA ANNOUNCE EXTENSION OF STANDSTILL AGREEMENTS WITH SECUR...
DOF ASA and DOF Subsea AS are pleased to announce that each of the companies have agreed to exten...
PGS ANNOUNCES AGREEMENT IN PRINCIPLE WITH LENDERS ON MAIN TERMS
PGS has reached an important milestone in the previously reported discussions with its lenders. T...
PGS PROVIDES UPDATE ON STATUS OF LENDERS' NEGOTIATIONS
PGS informed in its Q2 and preliminary first half 2020 results presentation that the Company was ...
ARCHER KNIGHT ANNOUNCES SECOND EQUITY RAISE
Archer Knight are conducting a cash-for-equity raise as it prepares for future growth. Aft...
VALARIS ANNOUNCES ADDITIONAL SUPPORT FOR RESTRUCTURING AND EXTENSION OF JOIND...
Valaris today announced that holders of over 70% in aggregate principal amount of its senior note...
VALARIS FILES FOR A CHAPTER 11
Valaris has entered into a binding Restructuring Support Agreement (the “RSA”) and Ba...
SHELF DRILLING REPORTS SECOND QUARTER 2020 RESULTS
Shelf Drilling, Ltd. (“Shelf Drilling” and, together with its subsidiaries, the &ldqu...
NOBLE CORPORATION FILES FOR CHAPTER 11 AHEAD OF FINANCIAL RESTRUCTURING AND D...
New £750k fund to support communities’ green recovery Restructuring support agre...
EXXONMOBIL REPORTS $1.1 BILLION LOSS IN SECOND QUARTER 2020
Global oversupply and COVID-related demand impacts drive second quarter loss of $1.1 billion&n...
ROVOP ANNOUNCES FRESH CASH INJECTION FROM INVESTORS AND NEW MANAGEMENT
ROVOP, the UK’s leading independent provider of cutting-edge subsea remotely operated vehic...
KBR ANNOUNCES SUCCESSFUL AMENDMENT OF ITS EXISTING CREDIT AGREEMENT
KBR announces the completion of another important and positive step in its capital structure and ...
SBM OFFSHORE COMPLETES US$600 MILLION BRIDGE LOAN FOR FPSO SEPETIBA
SBM Offshore announces the closure of a US$600 million bridge loan facility for the financing of ...
NATIONAL OILWELL VARCO SUSPENDS QUARTERLY DIVIDEND
National Oilwell Varco announced this week that during its regularly-scheduled meeting, the Board...
ARCHER COMPLETES DEBT REFINANCING
Archer Limited announces that the amendment agreements in relation to the refinancing of the Comp...
FUGRO ANNOUNCES A REFINANCING OF ITS CAPITAL STRUCTURE
Fugro anticipates refinancing its current EUR 575 million Revolving Credit Facility and repurchas...
SCHLUMBERGER REPORTS $10B LOSS IN 2019
Full-year worldwide revenue of $32.9 billion was flat year-on-year, with international revenue...
ENEL ANNOUNCES 2020–2022 STRATEGIC PLAN
Enel’s integrated business model and the full incorporation of sustainability into its stra...
MCDERMOTT INTERNATIONAL ENTERS INTO AGREEMENT FOR UP TO $1.7 BILLION OF NEW F...
McDermott International, Inc. has entered into an agreement with certain of its secured lenders u...
SBM OFFSHORE COMPLETES US$1.14 BILLION FINANCING OF LIZA UNITY
SBM Offshore is pleased to announce that it completed the project financing of FPSO Liza Unity fo...
FLUOR CORPORATION ANNOUNCES STRATEGIC REVIEW RESULTS
Company to sell government and equipment businesses Asset sales expected to generate i...
WHY OIL AND GAS BUSINESSES ARE TURNING TO BANKLINKS FOR BUSINESS (B4B) FOR ST...
Recently, Progressive TSL has seen much interest in the complimentary tools we offer alongsid...
TEEKAY OFFSHORE PARTNERS ANNOUNCES $100 MILLION FPSO FLEET REFINANCING
Teekay Offshore Partners L.P. has secured a new $100 million revolving credit facility for the Pi...
POLARCUS APPOINTS EX-CITIGROUP BANKER AS NEW BOARD DIRECTOR
Mr. Monish Sahni has been elected as a new board member with a term of office expiring at the Com...
EMGS SECURES SECOND GUARANTEE FACILITY
Electromagnetic Geoservices ASA ("EMGS") has secured a second guarantee facility, to su...
FINANCING SECURED FOR FPSO CHARTER PROJECT OF MODEC FOR AREA 1 BLOCK OFFSHORE...
MODEC, Inc., Mitsui & Co., Ltd. and Mitsui O.S.K. Lines, Ltd. jointly announce that Mit...
CGG PROVIDES Q4 2018 FINANCIAL UPDATE
Solid CGG New Perimeter Q4 2018 Revenue of $432 Million Driven by Strong Segment M...
TGS ANNOUNCES Q3 2018 RESULTS WITH EARNINGS PER SHARE UP 78%
TGS reported net revenues of USD 141 million in Q3 2018, compared to USD 142 million in Q3 20...
PETROFAC SECURES NEW BANKING FACILITIES
Petrofac Limited has secured US$300 million of new bank facilities with existing relationship ban...
TGS ANNOUNCES Q2 2018 RESULTS WITH HIGHEST QUARTERLY OPERATING PROFIT IN FOUR...
TGS reported net revenues of USD 158 million in Q2 2018, up 47% from Q2 2017. Operating profit fo...
SEADRILL ANNOUNCES FINAL VOTING RESULTS OF ITS PLAN OF REORGANIZATION
Seadrill Limited has announced the voting results for its Chapter 11 Plan of Reorganization (the ...