Serica Energy completes first redetermination on $525m loan
Serica Energy (LON: SQZ) has increased the borrowing base on its up-to $525 million loan facility, increasing it from the previous US$463m to the full amount.
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Pakistan bags $4.5bn loan for LNG and oil imports
State-owned Pakistan State Oil, Pak-Arab Refinery and Pakistan LNG will receive a $4.5 billion loan to fund imports of crude, petroleum products, urea and LNG over 2021-2023.
AfDB stumps up cash for Mozambique LNG
The African Development Bank (AfDB) has approved a $400 million long-term senior loan to support the Total-led Mozambique LNG project.
GMS battles forward
Gulf Marine Services (GMS) has made progress in shoring up its future but much rests on its negotiations with lenders.
African Development Bank backs $1bn loan for Algeria
The African Development Bank's board has approved a $1billion loan for Algeria.
Premier Oil gets months deferral on debt arrangements
Premier Oil said its lending group has agreed to a further deferral of the test of the company's financial covenants.
Trinity agrees further extension for repayments
Trinity said the company has agreed a further extension to its moratorium on principal repayments.
Akastor reaches new bank agreement
Akastor has reached an agreement with its bank syndicate on terms and conditions to amend and extend its current bank facilities until July 2019.
Trinity agrees additional loan extension
Trinity Exploration has agreed an additional loan extension for its $13million in debt.