Subsea Digitisation

An article by WFS Technologies

LOC Renewables Buys Stake in French INNOSEA

LOC Renewables, a part of LOC Group, has acquired a 70% stake in INNOSEA, a marine energy engineering company based ...

read more →

Mitsui, MOL Eye Subsea Support Market with AKOFS Stake Buy

Akastor has entered into a share purchase agreement with Mitsui and MOL (Mitsui O.S.K. Lines) for transfer of 50% ...

read more →

Telecom Egypt to Acquire OTMT Stake in MENA Cable

Telecom Egypt’s subsidiary, Egyptian International Submarine Cables Company (EISCC), has signed a sale and ...

read more →

Atlantis Sells Stake in AOCL to DP Energy

Atlantis Resources has agreed to sell its 50% stake in Atlantis Operations (Canada) Limited (AOCL) to its partner ...

read more →

Premier Sells ETS Pipeline Stake to CATS Management

Premier Oil has entered into a sale and purchase agreement to sell its entire equity interest in the Esmond ...

read more →

Aker BP Sells 10 Pct Stake in Valhall and Hod to Pandion

Aker BP has entered into an agreement with Pandion Energy to divest 10 percent interest in the Valhall and Hod ...

read more →

EBRD Acquires Stake in Black Sea Oil & Gas

European Bank for Reconstruction and Development (EBRD) has become a minority shareholder in the Black Sea Oil ...

read more →

Statoil Acquires Martin Linge and Garantiana Equity Stakes

Statoil has informed that it will acquire Total’s equity stakes in the Martin Linge field (51%) and the ...

read more →

Fortum Buys Stake in Seabased

Finland-based clean energy company, Fortum, has acquired a 10 percent stake in Seabased for an undisclosed value. ...

read more →

GeoSea Acquires Majority Stake in Belgian G-tec

GeoSea, part of DEME Group, has acquired the majority of the shares of G-tec, the Belgium based contractor ...

read more →

Shell Divests from Polarled and Nyhanma

Shell, has entered into an agreement with CapeOmega for the sale of Shell’s 9.02% stake in the Polarled ...

read more →

ACE Winches Secures £10 Million Boost from Balmoral

Multi-disciplined design, engineering and manufacturing company Balmoral has taken a substantial stake in ACE ...

read more →

Forum Takes Over Global Tubing, Gets Quantum as Shareholder

Forum Energy Technologies has signed a definitive agreement to acquire the membership interests in Global Tubing ...

read more →

Kraken Buys Stake in Enitech Subsea

Kraken Sonar has acquired a minority interest in Enitech Subsea GmbH of Rostock, Germany, and the company has been ...

read more →

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 →

Eni and BP Conclude Stake Sale in Egypt’s Zohr Field

Eni and BP have completed the sale of 10% interest in the Shorouk concession offshore Egypt, which contains the ...

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 →

thyssenkrupp Takes Ownership of Atlas Elektronik

Industrial group, thyssenkrupp, is acquiring the 49 percent interest in the Atlas Elektronik currently held by ...

read more →

Shell Buys into Three Gulf of Mexico Pipelines

Shell’s subsidiary Shell Midstream Partners has acquired 10% interest in Proteus Oil Pipeline Company ...

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 →

Rosneft Buys Stake in Eni’s Zohr Field Off Egypt

Eni has agreed to sell to Rosneft a 30% participating interest in the Shourouk Concession, offshore Egypt, where ...

read more →