Offshore helicopter operator Bristow and its peer Era Group have made a deal to merge in an effort to create a more diverse and financially
Category: Financial
Keppel O&M Turns Profitable in 2019
Singapore’s Keppel Corp. Offshore & Marine division posted a profit for the full year 2019 citing cost cuts and lower impairment costs. For the full
Baker Hughes profit misses estimates as LNG equipment demand wanes
Oilfield services provider Baker Hughes Co (BKR.N) missed analysts’ estimates for quarterly profit on Wednesday, hit by lower orders in its business that supplies turbines
PGS to Raise $95M in New Equity to Refinance Debt
Norway’s seismic surveyor PGS plans to raise up to 850 million Norwegian crowns ($95 million) in new equity via a private placement to partly refinance
Petrobras about CARF’s decision
January 21, 2020 Petróleo Brasileiro S.A. – Petrobras reports that the Higher Chamber of the Administrative Tax Appeals Council (CARF) issued today an unfavorable decision,
McDermott files for Chapter 11 bankruptcy to eliminate $4.6 billion of debt
U.S. engineering and construction services company McDermott has informed that it has the support of more than two-thirds of all its funded debt creditors for
