Seadrill returning to New York Stock Exchange

Offshore drilling contractor Seadrill is returning to the New York Stock Exchange (NYSE) following a couple of years of absence. Seadrill Limited announced on Tuesday that it had received approval to relist its common shares on the NYSE under the ticker symbol “SDRL”. The company expects the common shares to begin trading on or about... Continue Reading →

Bekaert Invests in Smart Mooring Solutions for Floating Wind Farms

Bridon-Bekaert Ropes Group has said it has concluded an investment and commercial partnership with TFI Marine, Dublin, Ireland, to accelerate the go-to-market of digital-enabled mooring solutions for floating offshore wind farms. "As part of this strategy, Bekaert today announces an equity investment in TFI Marine (Technology from Ideas), a leading mooring innovator, which has responded... Continue Reading →

Sembcorp Marine: Update on Extension of Time for Payment of Receivables from Borr Drilling

Sembcorp Marine Ltd (the “Company”) refers to its announcements dated 28 December 2021 and 18 August 2022 concerning its wholly-owned subsidiary, PPL Shipyard Pte Ltd (“PPLS”), reaching in-principle agreement with Borr Drilling Limited (“Borr Drilling”) to defer PPLS’ receivables from Borr Drilling from 2023 to 2025 (“Deferment”). The Company would like to update that PPLS... Continue Reading →

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