Akastor Stays in Red

Oilfield services investment company, Akastor, has posted a loss of NOK 251 million ($32.4 million), compared with ...

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Otto Marine’s Creditor Seeks Liquidation

Singapore-based oilfield services firm, Otto Marine, informed that a creditor of the company has filed a winding up ...

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Subsea Boosts Technip’s Profit

French oil services provider, Technip, posted higher first-quarter (1Q 2015) net income backed by an increase in ...

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Oceaneering Takes Profit Dive

Subsea engineering specialist, Oceaneering, has reported a drop in first-quarter earnings for the period ended ...

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GC Rieber Not Getting Paid for Reef Subsea Sale

GC Rieber Shipping ASA said that The HV V Golf companies have not fulfilled the obligations related to the ...

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Cameron Sees Profits Rise

Cameron has delivered a record-level of fully diluted quarterly earnings per share from continuing operations, ...

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SeaBird to Restructure

Oslo-listed seismic player, SeaBird Exploration, has announced an agreement on the principal terms of a consensual ...

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Shell to Scale Down Investment by $15 Bln

Royal Dutch Shell has announced it will reduce spending by more than $15 billion in the next three years due to ...

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Technip Breaks Off CGG Chase

French engineering group Technip has informed that it no longer plans to pursue its takeover bid for CGG. Namely, ...

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Technip Moves to Buy CGG

French oil services provider Technip has announced that, on Monday, November 10, 2014, it approached CGG to create ...

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Oceaneering Profits Rise

Oceaneering International has reported record earnings for the third quarter ended September 30, 2014. On revenue ...

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Mermaid Ups Its Stake in Subtech Saudi Arabia

Mermaid Subsea Services (MSS) has increased its shareholding interest in Subtech Saudi Arabia from 70% to 95%. This ...

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EMAS Offshore Premieres on Singapore Exchange

EMAS Offshore, formerly known as EOC, has made its debut today on the Main Board of the Singapore Exchange ...

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USA: Teledyne to Buy Bolt Tech. for $171 Mln

Teledyne Technologies Incorporated and Bolt Technology Corporation have entered into a definitive agreement that ...

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EMGS Shares Barents Sea Data with Undisclosed Client

Electromagnetic Geoservices ASA has signed a data licensing agreement worth around USD 1.2 million for the ...

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Alam Maritim Acquires Alam Hidro’s Shares

Alam Maritim Sdn Bhd, a wholly owned subsidiary of AMRB had on 19 December 2013 entered into Share Sale and ...

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Aker ASA: Contemplated Offer to Acquire Shares in Aker ...

Aker ASA has engaged ABG Sundal Collier Norge ASA and Arctic Securities ASA (the “Managers”) to explore ...

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Forum Energy Sells Its Shares (USA)

Forum Energy Technologies, Inc., announced that funds affiliated with SCF Partners have agreed to sell an aggregate ...

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Hexagon Bids USD 152 Mln for Veripos Shares

The Board of Directors of Hexagon AB has decided that Hexagon, directly or through a wholly owned subsidiary, will ...

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Ratos and Ferd Acquire All Shares in Norwegian Aibel

Ratos and Ferd Acquire All Shares in Norwegian Aibel

Ratos and the Sixth AP Fund together with the Norwegian industrial and financial group Ferd, have signed an ...

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UK: Oslo Børs Approves Listing of Veripos Shares

UK: Oslo Børs Approves Listing of Veripos Shares

At its meeting on 13 June 2012, the Board of Directors of Oslo Børs resolved to admit the shares in Veripos Inc. to ...

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