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Source: www.gulfoilandgas.com 8/7/2012, Location: Europe
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Prosafe Rigs Pte Ltd, a wholly owned subsidiary of Prosafe SE (“Prosafe”), has entered into an agreement to sell the accommodation jack-up Safe Esbjerg to a buyer in South East Asia. Total proceeds amount to USD 55 million and are divided into two tranches. USD 38.5 million is payable within 60 days after closing, which took place on 7 August. The remaining USD 16.5 million will be paid as a three-year term loan with an interest rate of 10 per cent. The divestment of the Safe Esbjerg is in line with Prosafe’s strategy of focusing on growth within the high end of the offshore accommodation industry.
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| US Oil Supply – May 2013 |
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Austria >> 5/22/2013 - US oil production is forecast to increase by 0.59 mb/d to average 10.63 mb/d in 2013, the highest growth among all non-OPEC countries. This strong gro...
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| US Oil Trade in April 2013 |
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Austria >> 5/20/2013 - According to preliminary data, US crude oil imports in April were almost stable compared with last month’s level, averaging 7.7 mb/d, though they lost...
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| Technip Awarded EPCI Contract in Norway |
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Norway >> 5/14/2013 - Technip was awarded by Statoil an engineering, procurement, construction and installation lump-sum contract for the Norne field development, located i...
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