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Schahin Oil & Gas delays drill-ship refinancing

Schahin Oil & Gas has delayed a refinancing of the holding company debt for its drill-ship fleet, and is keeping its bridge financing in place

Primeline signs Chinese offshore gas project financing

Primeline Energy Holdings has signed $247 million in project financing for its LS36-1 offshore gas production project in the Lishui Basin in the East China Sea

Chinese banks to provide Mexican O&G financing

Two Chinese financial institutions have inked agreements with Petróleos Mexicanos (Pemex) to facilitate access to financing for both Pemex and other companies for infrastructure projects and upstream activities

Bank allocations in for Petro Rabigh II

Saudi Aramco and Sumitomo Chemical Company have set the debt allocations for the lenders on their roughly $7 billion Petro Rabigh II petrochemicals project in Saudi Arabia

InfraVia buys Dutch offshore gas transmission stake

InfraVia European Fund II has acquired a 20% stake in Noordgastransport (NGT), a natural gas transportation system in the Dutch sector of the North Sea from from GDF Suez

Green Dragon issues bond to fund drilling in China

London listed Green Dragon Gas (GDG) has raised $88 million through its debut public corporate bond to finance the drilling of 50 wells at the commercial gas production block Shizhuang South in Shanxi province, China

Egypt to tender oil and gas pre-export facility

The Egyptian government has confirmed it intention to launch a tender for a $2 billion pre-export finance facility to help fund the repayment of outstanding debts to international oil companies

TAPI project company formed

The state gas companies of Turkmenistan, Afghanistan, Pakistan, and India have established a company that will build, own and operate the 1800km Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline

Firth of Forth coal gasification estimates released

Oil and gas developer Cluff Natural Resources said it has an estimated 335 million tonnes of coal available within its 100% owned Kincardine licence in the Firth of Forth, Scotland

Bumi’s Indonesian FPSO contract issues stretch on

Bumi Armada has approached international banks for $400 million in debt for its slated $1.2 billion Madura floating production, storage and offloading project in Indonesia, IJGlobal understands

LG Chem’s Kazakhstan petchem deal on hold

Korean sponsor LG Chem’s $5 billion petrochemical second phase project in Tengiz, Kazakhstan is on hold for around a year while a new EPC contractor is sought, IJGlobal understands

Solo Oil close to Kiliwani gas field buy-in

Africa-focused oil and gas independent Aminex said today that it is close to agreeing the sale of a 13% stake in the Kiliwani North Development Licence

Petrobras closes sale of Peruvian assets to CNPC

Petrobras completed the sale of 100% of the shares of its wholly-owned subsidiary Petrobras Energia Peru (PEP) to the China National Petroleum Corporation (CNPC) for $2.6 billion

Murphy Oil to decommission Milford Haven

Murphy Oil Corporation will decommission its Milford Haven refinery in the UK after failing to close on its sale to the Klesch Group

Australia’s Northern Territory to seek pipeline developers

Australia’s Northern Territory government will publically call for expressions of interest from developers on 13 November 2014 for the proposed 1,000km Northern Territory gas pipeline

EIB co-finances Dutch LNG break bulk infrastructure

Gasunie and Royal Vopak have signed a financing agreement to support the funding of an expansion of liquefied natural gas (LNG) break bulk infrastructure and services at the Gate terminal in the Port of Rotterdam