Tag Shares
Spectrum Bids for MultiClient Geophysical
Spectrum has made an offer to acquire all the issued and outstanding shares in MultiClient Geophysical (MCG) at a …
Reach Subsea Gets New Major Shareholder
North Energy Capital (NEC) has through a series of transactions become the new major shareholder of Reach Subsea …
Boskalis Sells More Interest in Fugro
Royal Boskalis Westminster said it has reduced its holding in Fugro to 9.38 percent. This is the second reduction …
Boskalis Cuts Stake in Fugro
Boskalis Westminster NV (Boskalis) said it has decreased its holding in the Dutch provider of geotechnical, survey, …
Siem Inks Binding Deal for Controlling Interest in Farstad
Farstad and Siem Oilservice Invest Holdings have signed a binding term sheet for a restructuring of Farstad. …
Solstad Offshore-REM Offshore Merger One Step Closer
Solstad Offshore (SOFF), REM Offshore (REM) and Solship Invest 1 AS (Solship Invest), have entered into a merger …
McDermott Profit Beats Expectations
McDermott reported better-than-expected second-quarter and half-year 2016 earnings results, despite revenue drop …
EMAS CHIYODA Subsea Gets New Major Shareholder
Ezra Holdings, Chiyoda Corporation and Nippon Yusen Kabushiki Kaisha (NYK) have entered into a binding agreement …
Plexus to Raise USD 8.5 Mln
Plexus Holdings said it has agreed the terms of a conditional placing to raise £6 million ($8.5 million) before …
CGG Initiates Rights Offering
French seismic player, CGG, has launched a €350-million rights offering to existing shareholders as part of its …
Subsea 7 Sinks to Five-Year Low
Oil services company, Subsea 7, saw its stock price hit a five-year low after dropping below NOK 55 on Wednesday. …
Polarcus Swings to Profit
Seismic contractor, Polarcus, has seen its revenues rise 44% over Q2 2015, driven by high vessel utilization and …
Saipem Looks for Cash Injection, Posts Q3 Lower Profit
Italian contractor Saipem has seen profits drop by some 29 per cent on tough market conditions. The company posted …
Eni Sells Saipem Stake
Eni has executed a sale and purchase agreement, pursuant to which it will sell a stake in Saipem consisting of n. …
Forum Sees Profits Slashed
Forum Energy Technologies has seen its net income plunge by some 86 per cent in the third quarter 2015 as revenue …
Helix Expects Challenging Q4
Offshore services player, Helix Energy Solutions, has seen its net income slide to $9.9 million, or $0.09 per …
BoA Sheds PGS Stake
Bank of America Merrill Lynch has sold its stake in Petroleum Geo-Services worth in excess of $50 million, the …
DNB Bank Takes 7% Stake in Ezra
Norway’s largest bank, DNB Bank ASA, has acquired a 7.04 per cent stake at offshore oil and gas contractor …
Schlumberger in Cameron Buy
Schlumberger and Cameron have signed a definitive merger agreement in which the companies will combine in a stock …
McDermott Back in Black as Revenue Grows
Offshore EPCI player, McDermott, has reported second quarter 2015 net income of $11.5 million, or $0.04 per fully …
Aker Solutions Posts Profit Drop
Aker Solutions has seen its profit decline in the second quarter on MMO overcapacity, lease costs and lower demand …
