Further to the announcement dated September 20, 2011, the Boards of NKT Holding A/S and Subsea 7 S.A. have completed their review of strategic alternatives for the future development of NKT Flexibles which has been operated as a joint venture between NKT Holding A/S (51%) and Subsea 7 S.A. (49%) since 1999. Since the announcement [...]
February 3, 2012 | Posted in
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SBM Offshore N.V. the managing holding company of a number of international companies, working as providers to the offshore oil and gas market on a world wide basis reported Q3 2011 trading update. Highlighting first 9 months turnover of 2011 of US$ 2,201 million (1pct above past 12 months). Order portfolio at 30 September 2011 [...]
Electromagnetic Geoservices ASA (EMGS) has entered into an agreement to acquire OHM Surveys Holding AS (OHM), a marine electromagnetic (EM) acquisition company, from certain funds controlled by Sector Asset Management and Seatrans Group (Euro Trans Skips AS) for USD 15.75 million in a stock-for-stock transaction. As a part of the transaction, EMGS has entered [...]
August 31, 2011 | Posted in
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Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has been commissioned by Wintershall Noordzee B.V. , a leading international oil and gas company, to design and develop a mudline crossover subsea wellhead system with specific high pressure/ high temperature [...]
July 12, 2011 | Posted in
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