Brought to you by Quest Offshore & Southern Cone Consultants
(OEM) London-based and Oslo-listed oil and gas company Panoro Energy has completed the sale of its interest in the Offshore Mining Lease no. 113 (OML 113) offshore Nigeria to Oslo-listed PetroNor. Back in October 2019, the two oil and gas players entered into a sale agreement, enabling PetroNor to buy out Panoro’s interest in OML 113, including... Continue Reading →
Houston-headquartered offshore energy services provider Helix Energy Solutions has completed the acquisition of Louisiana-based, privately-held Alliance group of companies, enabling it to expand its decommissioning presence in the Gulf of Mexico. Back in May 2022, Helix revealed that it had entered into a definitive agreement to acquire 100 per cent of the equity interests of the Alliance... Continue Reading →
(BW) KNOT Offshore Partners LP (the “Partnership”) (NYSE:KNOP) announced today that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has acquired KNOT Shuttle Tankers 35 AS, the company that owns the shuttle tanker, Synnøve Knutsen, from Knutsen NYK Offshore Tankers AS (“KNOT” “Sponsor”) (the “Acquisition”). The purchase price of the Acquisition, which has been financed on... Continue Reading →
Norwegian oil and gas company Aker BP has revealed that the acquisition of Lundin Energy’s oil and gas business, through a statutory merger, is expected to be completed today, which will create the largest listed E&P company focused exclusively on the Norwegian Continental Shelf (NCS). Back in December 2021, Aker BP agreed to acquire Lundin Energy’s oil... Continue Reading →
Norwegian seismic data acquisition and processing company TGS is set to acquire all shares of the Norwegian ocean bottom node survey specialist Magseis Fairfield. TGS will put forward a voluntary exchange offer to acquire all shares of Magseis for a consideration to the Magseis shareholders in the form of 0.0426 ordinary shares of TGS and... Continue Reading →
Global group Libra has acquired a U.S. shipyard through a subsidiary to capitalize on growing shipbuilding demand for the offshore wind industry as Washington accelerates efforts to boost cleaner power, top company executives said. U.S. President Joe Biden's administration is pushing to expand the fledgling offshore wind energy industry in the coming decade by opening... Continue Reading →
The merger between Aker Offshore Wind (AOW) and Aker Horizons is expected to be completed after close of trading on the Oslo Stock Exchange on 17 June, which accordingly will be the last day of trading in the AOW shares on Euronext Growth Oslo, the company said in its latest trading update. As announced on... Continue Reading →
DeepOcean has reported a revenue of $499.4 million for 2021, an increase of 42% from the $352.5 million in 2020, said to be driven by structural changes that the company undertook to strengthen and drive its diversification strategy. DeepOcean secured an order intake of $542 million in 2021 and had an accounting order backlog of... Continue Reading →
Dutch marine services and dredging firm Boskalis said Friday that the price proposed by HAL Holding for the acquisition of all remaining shares of Boskalis wasn't unreasonable, but also not sufficiently convincing to recommend the price to its shareholders. HAL Holding on March 10 announced plans to launch a takeover offer for Boskalis' all remaining... Continue Reading →
- Petróleo Brasileiro S.A. - Petrobras informs that it signed a contract for the purchase of Edison S.p.A.'s interest (50%) in Ibiritermo S.A., for the price of R$ 1.00, in compliance with the Energy Conversion Contract (ECC), signed on 06/21/2002 with Ibiritermo S.A.. Additionally, at the conclusion of the transaction, Petrobras will make the payment... Continue Reading →
Brazil Energy Insight 