Norwegian company Odfjell Oceanwind, which describes itself as the mobile offshore wind pioneer, said Thursday that after a recent private placement of 100 MNOK (~$11,3 million), TrønderEnergi and The Blystad Group became new shareholders in the company…
Eni and HitecVision-backed Point Resources Holding, owning respectively of 69.85% and 30.15% of the Norwegian oil and gas company Vår Energi AS, said Monday they planned to launch an initial public offering for Vår Energi and for the company to apply for a listing on Oslo Børs (the “IPO”)…
Well construction firm DeltaTek said Tuesday that Petronas had recently used its cementing technology offshore Mexico for the first time.This project, at a deepwater exploration well (BC-1) off the coast of Tampico in over 5000ft of water, marked…
Oilfield services firm Expro has completed an integrated Plug and Abandonment (P&A) contract for Petronas in Mauritania.The well intervention scope of the P&A project used Expro’s integrated Open Water Intervention Riser System (OWIRS) for intervention…
BHP Group is at risk of a two-notch downgrade that would provoke its lowest ever credit rating as the sale of its petroleum business raises the miner's dependence on its major business of iron ore, S&P Global said on Tuesday.BHP has agreed to…
Oilfield services giant TechnipFMC plans to acquire the remaining 49% of shares in TIOS AS from Island Offshore.TIOS is an offshore well intervention joint venture formed in 2018 between TechnipFMC and Norwegian offshore vessel owner Island Offshore…
Ardyne, the Aberdeen and Norway-based fishing, milling and casing recovery provider, has announced a strategic partnership with Dynasty Energy Services, a company in specialized fishing services and plug and abandonment (P&A), to deliver enhanced P&A services globally…
Integrated Wind Solutions, a newly formed offshore wind service company owned by Norway's Awilhelmsen investment group, is eyeing a private placement of new shares in the company in connection with a listing on Euronext Growth Oslo, aiming to raise up to $89 million…
Shares of Offshore Heavy Transport, a maritime heavy lift and transportation company with growing involvement in the offshore wind space, will start trading at Norway's Merkur Market on Monday, September 28.The shares have been approved for…
Norwegian offshore engineering and construction firm Aker Solutions said Friday its offshore wind and carbon capture subsidiaries had raised NOK 500 million each in private placements.Aker Solutions in July said it would spin off its wind development…
Oil company Canadian Overseas Petroleum Limited (COPL) has borrowed CAD$200,000 from its CEO Arthur Millholland. The company said the loan would help it „progress“ OPL 226 project offshore Nigeria.In a statement on Friday, COPL explained it…
Ashtead Technology, the provider of technically advanced subsea solutions, tools and systems, has completed subsea installation monitoring work to support the Northern Lights Carbon Capture Storage project (CCS) in the North Sea.The Global subsea…
Norway's seismic surveyor PGS plans to raise up to 850 million Norwegian crowns ($95 million) in new equity via a private placement to partly refinance its debts maturing in the next 18 months, the company said on Tuesday. The Oslo-listed company…
Oil and gas company FAR has secured a $300 million reserve-based loan for its share of the CAPEX for recently sanctioned Sangomar field development, offshore Senegal.“FAR is pleased to announce a binding and committed underwritten US$300 million…
Oil and gas exploration and production company Eco Atlantic appears determined to make a breakthrough in its underexplored Namibian offshore assets after preliminary works in preparation for a deep dive it expects to take in the four offshore permits as early as October next year…
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