Mitsui is about to make an offer of A$0.95 cash per share for all of the issued shares of AWE, which was announced on 5 February 2018. Mitsui currently has an interest in 3.01% of AWE’s shares. Mitsui will declare the offer unconditional if it acquires an interest in AWE shares of at least 50.1%, on 14 March 2018.
Energean Oil & Gas announce that Energean Israel signed a Senior Credit Facility of up to $1.275 billion with Morgan Stanley, Natixis, Bank Hapoalim and Societe Generale as Mandated Lead Arrangers. The Facility Agreement will fund the development of the Karish offshore gas field over the next three years, with first gas production expected to set out in early 2021.
After the Greek Ministry of Environment & Energy released a Call for Tenders regarding the exploration and exploitation of hydrocarbons Offshore West Crete and Southwest Crete, a consortium of Total, ExxonMobil and Hellenic Petroleum, submitted offers for these two lease block areas.
Australia and East Timor have reached a agreement on a maritime border, putting an end to an over 10-year dispute between the two nations that has hindered development of a $40 billion offshore gas project in the Timor Sea, the Permanent Court of Arbitration in The Hague announced Saturday.
HHLA reports increase of containers handled in 201917/02/2020
Watch: Ferry vessel struggles to berth under storm Dennis17/02/2020
IMO meets to ensure enforcement of carriage ban17/02/2020
- Maritime Health
Coronavirus case confirmed after passengers disembark Westerdam in Cambodia17/02/2020
Germany to develop grid simulator for wind turbines17/02/2020
India greenlights structural overhaul of major ports17/02/2020
Search operation in the UK finds body of missing seafarer17/02/2020
Europe must double its wind installation for Green Deal17/02/2020
Green groups pressure IMO to ban ships carrying HFO in Arctic17/02/2020
Two thirds of maritime schools in Philippines could close for failing to comply with STCW17/02/2020