Oil

QEP to use revolver to buy Williston shale

QEP Resources will use a combination of cash on hand and draws on a $1.5 billion revolving credit facility to fund its $1.38 billion acquisition of a Williston Basin oil shale property.

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SBM Offshore closes FPSO loan

SBM Offshore and its joint venture partners QGOG Constellation and Mitsubishi Corporation have raised a $1.05 billion facility to finance the construction of the Cidade be Ilhabela FPSO.

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Macquarie closes Pisto refinancing with nine

French downstream oil logistics provider Pisto has closed a Eu480 million refinancing of its acquisition debt

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