Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (April 23 – ...

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KB Dykk and AQS to Merge

A letter of intent has been signed on the merger of two Norwegian contractors KB Dykk and AQS, with AQS as ...

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OGTC – ITF Complete Merger

The ITF (Industry Technology Facilitator) and the Oil & Gas Technology Centre (OGTC) merger has now been ...

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Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (March 19 – ...

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Bibby Offshore to Merge with CECON Contracting

Fara Holdco, owners of the Bibby Offshore group of companies has entered into merger deal with Rever Offshore. ...

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Ultra Electronics – Sparton Merger Deal Falls Through

London-based Ultra Electronics and Schaumberg, Illinois headquartered Sparton have abandoned their merger, ...

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OGTC and ITF in Merger Deal, O’Brien to Step Down

The Oil & Gas Technology Centre and ITF – the Industry Technology Facilitator – have agreed to merge to focus ...

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McDermott - CB&I Deal Obtains US Regulatory Clearance

McDermott and CB&I said that the Federal Trade Commission has granted early termination of the waiting period ...

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CLS America, Horizon Marine, Woods Hole Group Merge

CLS America, Horizon Marine and the Woods Hole Group have merged into one company named the Woods Hole ...

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McDermott and CB&I Strike $6 Bln Merger Deal

McDermott and CB&I have agreed to combine in an all-stock transaction to create a fully vertically integrated ...

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GE Could Dump Baker Hughes

GE has said it is evaluating exit options on Baker Hughes just four months after the merger of its oil and gas ...

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CMA Examines Wood-Amec Merger Competition Remedy

The Competition and Markets Authority CMA has accepted in principle the remedy formally offered by Wood Group on ...

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CMA: Wood-Amec Merger Could Lead to Competition Concerns

The Competition and Markets Authority CMA has today determined that the acquisition of Amec Foster Wheeler by Wood ...

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Baker Hughes Revenue Flat, Loss Shrinks

Baker Hughes has recognized ‘pre-merger’ net loss for the quarter ended June 30, 2017 of $179 million, ...

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GE Oil & Gas and Baker Hughes Finalize Merger

GE has completed the previously announced combination of GE’s oil and gas business with Baker Hughes. Baker Hughes, ...

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Norwegian OSV Trio Forms Solstad Farstad

Solstad, Farstad and Deep Sea Supply (DESSC) have completed the transactions related to the previously announced ...

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U.S. DoJ Approves Baker Hughes – GE Merger

Baker Hughes and GE have reached an agreement with the Department of Justice that would allow the parties to ...

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EU Approves Baker Hughes – GE Merger

The European Commission has cleared the acquisition of Baker Hughes by GE under EU merger control rules. The ...

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Green Light for Norwegian OSV Mega Merger

Solstad, Farstad, Deep Sea Supply (DESSC) and Solstad’s relevant subsidiaries have approved and signed ...

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DOJ Seeks More Details on GE Oil & Gas - Baker Hughes Merger

GE and Baker Hughes have each received a request for additional information from the United States Department of ...

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Farstad Takes NOK 3.6 Bln Loss in 2016

Norwegian shipowner Farstad has seen its loss widened on more than 40 percent drop in operating income and large ...

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