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Following the acquisition of iXblue by Group Gorgé end of September, ECA Group and iXblue announced today that both companies will be operating under a new joint brand: Exail. With this alliance, Exail becomes a global high-tech industrial champion specializing in cutting-edge robotics, maritime, navigation, aerospace and photonics technologies. Combining complementary technological expertise and geographical... Continue Reading →
Norwegian offshore wind company Vårgrønn, a joint venture between the Italian energy company Plenitude and the Norwegian energy investor HitecVision, has acquired Plenitude’s stake in Dogger Bank A, B and C in the UK, which will be the world's largest offshore wind project, once operational. Plentitude is a renewable energy subsidiary of the Italian oil... Continue Reading →
Blue economy solutions provider Sustainable Marine has sold its anchoring and mooring business Swift Anchors to Aquos, a subsidiary of its largest shareholder and long-standing partner Schottel. The announcement comes shortly after the launch of Swift Anchors next-generation, remotely operated rock anchor installation system, dubbed AROV2 – which will be used to install anchors for Sustainable Marine’s Pempa’q... Continue Reading →
(epbr) Eneva is considering buying stakes in large offshore natural gas discoveries in the Sergipe-Alagoas Basin. The epbr agency found that the agreement is not yet closed, but Eneva's interest is to enter the assets, under Petrobras operation, to increase the share of national gas available in its commercialization and development of new business portfolio.... Continue Reading →
Petro Rio S.A. (PRIO”), following the Material Fact disclosed on the September 1st, 2022, informs its shareholders and the market in general that, on October 1, 2022, the Company’s Board of Directors approved, and the managements of the Company, as consenting intervening party, and of Dommo Energia S.A (“Dommo”) and Petro Rio OPCO Exploração Petrolífera... Continue Reading →
(OE) Offshore drilling companies Noble Corporation and Maersk Drilling have completed their merger. The transaction concluded through the completion of Noble’s recommended voluntary public share exchange offer to the shareholders of Maersk Drilling. The companies are now operating as a single organization as of October 3, 2022. Noble’s President and Chief Executive Officer, Robert Eifler, said:... Continue Reading →
(Reuters) Capricorn Energy said on Thursday it was ditching its plan to merge with Africa-focused Tullow Oil in favour of a combination with Israel's NewMed Energy, following shareholders' opposition to deal . Under the proposed combination, NewMed unitholders will receive 2.337344 new Capricorn shares for each unit held, the companies said in a joint statement A special... Continue Reading →
The Administrative Council for Economic Defense (Cade) gave its approval, without restrictions, to PetroRio's (now called PRio) purchase of Dommo. The information was published in the Official Gazette. Pursuant to the merger notification submitted to Cade, the transaction will cause Dommo to become, directly or indirectly, a subsidiary of PRio. Dommo owns 20% of the... Continue Reading →
(Reuters) Africa-focused Tullow Oil said on Wednesday it would stick to the current form of its plan all-share merger plan with Capricorn Energy CNE.L, shrugging off criticism from some Capricorn investors who say the deal undervalues the company. Capricorn's board supports the merger, but the group also said last week it was exploring alternative deals... Continue Reading →
Dutch marine services company Royal Boskalis Westminster N.V. (Boskalis) and Curaçao-based HAL Holding have reached an agreement on an increased offer price related to HAL’s all-cash public takeover offer for all shares of Boskalis. Boskalis and HAL have agreed to the offer of EUR 33 per share in cash, up from the initial offer of... Continue Reading →
Brazil Energy Insight 