WebJan 18, 2024 · It is the first time a European export credit agency has supported a financing structure of this kind, and is UKEF’s first direct loan for a project in Africa. GE Oil & Gas, which is headquartered in the UK, is providing subsea production systems to the project, which will develop oil and gas fields approximately 60km offshore from the ... WebHere, UKEF helps SMEs with guarantee schemes via bonds with major UK banks or direct loans to help cover operational costs and initial asset purchases. UKEF helps cover as much as 80% of the principal sum and lends on average between £100 and £500 million to businesses. However, loan amounts are flexible with no minimum or maximum value ...
UKEF backs First Subsea offshore wind contracts
WebJul 29, 2024 · Minister for Exports Graham Stuart MP stated: “We are lucky to have the best credit agency in the world & stands ready to help more Scottish exporters like First Subsea win big contracts overseas. UKEF is helping us accelerate the transition to clean energy, which will bring prosperity & a wide range of sustainable jobs to Scotland. WebUKEF provide guarantees, insurance and advice in support of UK exports large and small. Working across a wide range of sectors, UKEF consider support for exports to over 200 countries. UKEF have their own risk assessment framework and our work is focused on helping UK exporters maximise the opportunity to do more business overseas. iras job application
Ground News - First Subsea lands major offshore wind exports …
WebJul 27, 2024 · First Subsea has over £12 million of export orders to supply offshore wind farms. To help First Subsea fulfil these orders, UKEF, the government’s export credit … WebJul 30, 2024 · Friday 30 July 2024 Image: First Subsea Scottish company First Subsea has landed major offshore wind export orders worth £12 million, with support from the UK … WebFirst Subsea is the world's leading developer and supplier of Ballgrab® ball and taper-based connector technology. Over 1000 Ballgrab® systems have been successfully deployed world wide in a wide range of applications including; subsea mooring, drill case running, pipe handling and recovery, internal lifting, riser connections and deployment tools. iras job growth incentive payout