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(U) Australian independent Karoon Energy is on the acquisition trail as it looks to add more oil assets in Brazil, where it is already producing from the Bauna field, and potentially further afield in the Americas. “We are continuing to explore potential acquisition and farm-in opportunities,” confirmed Karoon chairman Bruce Phillips. Most of the assets... Continue Reading →
UK-headquartered AIS has acquired CRP Subsea as part of its growth strategy and with the aim of expanding its range of subsea offerings. Based in Skelmersdale, England, CRP Subsea, formerly Trelleborg Offshore UK, delivers polymer and syntactic foam-based buoyancy and protection products for the offshore renewables and oil & gas industries. “Considerable growth is expected... Continue Reading →
(Reuters) - Siemens Energy (ENR1n.DE) opened on Tuesday a 4.05 billion euro ($4.05 billion) bid for the third of the shares it does not own in its unit Siemens Gamesa (SGREN.MC), the German company said. The acceptance period will last 36 calendar days and is expected to end on Dec. 13 2022, said the company, after the Spanish... Continue Reading →
Sandbrook Capital has acquired a majority stake in the the Norwegian offshore installation services company Havfram and has committed $250 million to fund the company's future growth. The new capital will be used to build a fleet of vessels for installation of offshore wind turbines and foundations (“WTIVs”). As part of the transaction, Havfram’s subsea... Continue Reading →
(OE) Singapore's Sembcorp Marine (Sembmarine) scrapped a deal to merge with Keppel Corp's offshore and marine unit and form new company, in favour of directly buying the unit for S$4.50 billion ($3.19 billion), the Temasek-backed oil rig builder said on Thursday. The new structure also lowers the value of Keppel's unit by S$378 million from... Continue Reading →
Dutch offshore contractor and shipowner Boskalis will be delisted in Amsterdam next month following a takeover deal. The group’s biggest shareholder, Monaco investment fund HAL Holding, has sealed a $2.3bn purchase, reaching 98.3% ownership. The last day of trading on Euronext Amsterdam will be 8 November, bringing an end to a public listing of more... Continue Reading →
Petro Rio S.A. (the “Company” or “PRIO”) (B3: PRIO3), following the Material Fact disclosed on September 1st and October 3rd, 2022, informs its shareholders and the market in general that Petro Rio OPCO Exploração Petrolífera S.A (“OpCo”), a subsidiary of the Company, and Dommo Energia S.A. (“Dommo”) approved at their extraordinary Shareholders’ Meetings held on... Continue Reading →
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 →
