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Solveig Gas restructures bank and bond debt

Norwegian gas transmission owner Solveig Gas Norway has completed a NKr10.4 billion restructuring of its bond and bank debt.

Pemex awarded 83% of Mexico's probable reserves

In the results of the so-called "Round Zero" Pemex has been awarded 83% of Mexico's 2P proven and probable reserves and 21% of prospective reserves

Marathon wins Gabon offshore oil licence

Marathon Oil has been awarded an exploration and production sharing contract (EPSC) for Block G13 offshore of Gabon

Petrofac wins EPCC contract for Rapid refinery

Petrofac has been awarded an engineering, procurement, construction and commissioning (EPCC) for Petrnoas’ Refinery and Petrochemicals Integrated Development (Rapid) project in Pengerang, Johor, Malaysia

Cameron LNG targets September for first draw

Cameron LNG's liquefaction project in Louisiana expects to make first draw by late September on $7.42 billion in supporting debt, IJGlobal has learnt

BW Offshore signs on Catcher FPSO

The Norwegian-based vessel operator BW Offshore (BWO) has signed an $800 million credit facility with 13 international lenders for its floating production storage and offloading (FPSO) project in the UK North Sea

Noble and Delek to sell Tanin and Karish gas stakes

Israel’s Energy Ministry has declared the Tanin and Karish offshore gas fields proven discoveries, paving the way for their sale by stakeholders Delek Group and Noble Energy

Origin completes acquisition of Poseidon gas stake

Origin Energy has today (12 August 2014) completed the $800 million acquisition of a 40% interest in two offshore gas exploration permits in Western Australia’s Browse Basin from Australian-listed independent Karoon Gas

Mexico Round Zero results due tomorrow

Mexican President Enrique Peña Nieto has announced that the results of the so-called Round Zero, in which Pemex is to learn which of the country's hydrocarbon reserves it keeps, are due tomorrow (Wednesday 13 August 2014)

Barra Energia closes Atlanta reserves-based loan

Brazilian oil and gas independent Barra Energia has closed a $100 million reserves-based loan for its Atlanta field. HSBC was sole lead arranger of the loan, which is thought to be the first reserves-based loan (RBL) in the Brazilian offshore sector

SBM closes on FPSO Maricá

An SBM-led joint venture has reached financial close on a $1.45 billion debt-financing for the Cidade de Maricá floating production storage & offloading (FPSO) unit in Brazil

Cameron LNG bank group revealed

The sponsors of Cameron LNG’s liquefaction project in Louisiana have lined up $7.4 billion in debt across three tranches

Petrobras sells Transierra stake to YPFB

Petrobras has sold its 44.5% stake in Bolivian gas transporation company Transierra to Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) for $106.7 million

JKX to take action after Ukraine doubles tax rate on gas production

The London-listed exploration and production company JKX Oil & Gas has announced it is to take “operational and financial” measures to protect its interests following new emergency budget legislation in the Ukraine

GNL Quintero closes $1.1bn issue

Chilean re-gasification terminal GNL Quintero closed a $1.1 billion 144A /Reg S unsecured corporate offering last week (24 July 2014)

Ithaca completes Summit Petroleum acquisition

Ithaca Energy has completed the $170 million acquisition of Summit Petroleum and its subsidiary companies from Sumitomo Corporation

Freeport LNG bank group revealed

Twenty-five banks have joined the $3.9 billion debt financing for Freeport LNG's second train, IJGlobal has learnt

Blackstone backs Tamarind Energy

Blackstone has made its first commitment to an Asian oil and gas upstream independent by backing the launch of Tamarind Energy

Quantum and Golar to develop Ghana LNG

Private equity firm Quantum Pacific Capital and London-based Golar LNG have signed an agreement with the government of Ghana to build a new $500 million liquefied natural gas (LNG) import terminal in the country

Oregon LNG to ship to non-FTA countries

The US Department of Energy (DoE) has issued conditional authorization for the $6.3 billion Oregon LNG project to export liquefied natural gas (LNG) to countries without a Free Trade Agreement (FTA)