Boskalis Gives Up on Fugro

The Dutch dredging and marine specialist Boskalis has sold all of its remaining share in Fugro. Boskalis started ...

read more →

Geoex Counters Spectrum in MCG Bid War

Geophysical and geological services company Geoex has decided to increase its offer for all outstanding shares ...

read more →

Spectrum Bids for MultiClient Geophysical

Spectrum has made an offer to acquire all the issued and outstanding shares in MultiClient Geophysical (MCG) at a ...

read more →

Reach Subsea Gets New Major Shareholder

North Energy Capital (NEC) has through a series of transactions become the new major shareholder of Reach Subsea ...

read more →

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 ...

read more →

Boskalis Cuts Stake in Fugro

Boskalis Westminster NV (Boskalis) said it has decreased its holding in the Dutch provider of geotechnical, survey, ...

read more →

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. ...

read more →

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 ...

read more →

McDermott Profit Beats Expectations

McDermott reported better-than-expected second-quarter and half-year 2016 earnings results, despite revenue drop ...

read more →

EMAS CHIYODA Subsea Gets New Major Shareholder

Ezra Holdings, Chiyoda Corporation and Nippon Yusen Kabushiki Kaisha (NYK) have entered into a binding agreement ...

read more →

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 ...

read more →

CGG Initiates Rights Offering

French seismic player, CGG, has launched a €350-million rights offering to existing shareholders as part of its ...

read more →

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. ...

read more →

Polarcus Swings to Profit

Seismic contractor, Polarcus, has seen its revenues rise 44% over Q2 2015, driven by high vessel utilization and ...

read more →

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 ...

read more →

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. ...

read more →

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 ...

read more →

Helix Expects Challenging Q4

Offshore services player, Helix Energy Solutions, has seen its net income slide to $9.9 million, or $0.09 per ...

read more →

BoA Sheds PGS Stake

Bank of America Merrill Lynch has sold its stake in Petroleum Geo-Services worth in excess of $50 million, the ...

read more →

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 ...

read more →

Schlumberger in Cameron Buy

Schlumberger and Cameron have signed a definitive merger agreement in which the companies will combine in a stock ...

read more →