-
May 2012
Buccaneer Energy has raised $20 million of eight-month debt and a $30 million revolving credit from Richmond Hill Investment to back development of its Kenai Loop project in the Cook Inlet basin, Alaska.
-
Renaissance Services subsidiary Topaz Energy and Marine has signed a $203 million refinancing with DVB Bank, Standard Chartered Bank, and First Gulf Bank.
-
Mexican midstream operator Fermaca and New York-based hedge fund Ospraie Capital Management have closed the $378 million debt financing for the $472 million Tarahumara pipeline
-
Orascom Construction Industries and Swiss-based Janus Methanol have closed a $150 million dual-currency loan for the Pandora Methanol rehabilitation project.
-
The $8.5 billion debt backing the Australia Pacific LNG (APLNG) project has signed.
-
Inpex and Total are out to the bank market with the debt information memorandum for their $35 billion Ichthys project.
-
Kinder Morgan has closed the $38 billion acquisition of El Paso Corporation, making it by far the largest US pipeline operator
-
Belgian pipeline operator Fluxys has closed the sale of a 44.9% stake in its FluxSwiss subsidiary to Global Infrastructure partners
-
Egypt’s oil, gas, and petrochemicals sectors have bounced back from the fall of Mubarak faster than PPP. But local bank interest should allow that revival to happen.By Sarah Rundell.
-
General syndication for Glencore Exploration’s $600 million seven-year loan - Glencore's first reserves based financing - is expected to sign by the end of the quarter.
-
Peru-focused oil and gas independent BPZ Energy is paying down debt at its BPZ E&P unit with the $150 million in proceeds
-
Fairstar Heavy Transport has closed a $247 million one-year loan to finance outstanding payments for the construction of its Finesse and Forte semi-submersible vessels.
-
Peru's state oil company, Petroperu, is evaluating a mixture of bank, export credit agency and multilateral debt for its $1.7 billion Talara refinery upgrade
-
Shale gas explorer Transeuro Energy has closed a $31.6 million combination of debt, convertible debt and equity to fund development of its properties in Canada and Ukraine.
-
Uz-Kor Gas - a joint venture between - Korean Gas Corporation (Kogas), Uzbekneftegaz and Honam Petrochemical Corporation and STX Energy - has signed $2.54 billion of 16 year limited recourse debt with ECAs and commercial banks for its Ustyurt gas chemical complex in Surgil, Uzbekistan.
-
BC Petroleum - a joint venture between Roc Oil (48%), Dialog Group (32%) and Petronas Carigali (20%) - has raised a $162 million 2.5-year loan for the pre-development phase of its Balai Cluster (a marginal offshore oil field in Malaysia) risk service contract (RSC)
-
E.ON has agreed to sell its Open Grid Europe gas distribution network to a Macquarie-led consortium for Eu3.2 billion
-
Japanese oil and gas producer INPEX has agreed to transfer a 0.73% stake in the Ichthys liquefied natural as project to Chubu Electric
-
Cheniere Energy Partners has signed a purchase agreement with Blackstone and its own general partner for $2 billion in payment-in-kind financing for its Sabine Pass
-
Dana Gas has mandated Deutsche Bank, Blackstone and Latham & Watkins to advise it on negotiating with the holders of a convertible sukuk
-
Chesapeake Energy's $3 billion refinancing comes with pricing that steps up over time or increases if the borrower does not share the proceeds of asset sales with lenders.
-
ConocoPhillips is examining selling its assets in Nigeria, as it looks to focus its development expenditure on more developed markets.
-
Crosstex Energy has launched a $250 million ten-year bond issue
-
Tasnee and Sahara Petrochemical Company have signed the long-term debt financing for the Jubail Acrylates project
-
Socar and Turcas are holding talks with the export credit agencies supporting the different bidders for the $5 billion Star refinery
-
Trafigura has bought a 24% stake in Nagarjuna Oil Corporation, which is developing a refinery in India's Tamil Nadu state, for $130 million.
-
Cardinal Gas Storage has closed $115 million of debt for its 17 billion cubic feet Cadeville gas storage project in Louisiana.
-
The Overseas Private Investment Corporation has applied to the Multilateral Investment Guarantee Agency for $150 million in reinsurance
-
Woodside has agreed to sell a 14.7% stake in its $31 billion Browse liquefied natural gas (LNG) project in Australia.
-
Bids are due this month for Oman Oil Refineries Petroleum Industries Company's (ORPIC) twofold debt advisory package