Search results for: EQT

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A list of search results

  • 27 March 2014
    Business & Finance, Equipment

    DNV GL has increased the ownership stake in StormGeo, a leading global provider of weather-based decision support services. Private equity group Reiten and TV2 have sold majority shares to EQT Mid Market. As part of the transaction EQT will enter into a partnership with DNV GL (second largest shareholder) and StormGeo management and employee shareholders, […]

  • 11 July 2016

    Norway’s Statoil completed the transaction agreed with EQT Corporation for the sale of its non-core operated Marcellus assets in the US state of West Virginia.

  • 10 July 2012

    GreenMan Technologies, Inc. announced that its American Power Group Inc. subsidiary has worked with EQT Corporation and Linde North America to complete the first dual fuel rig conversion in the Marcellus Shale using liquefied natural gas. EQT’s initial rig conversion is operating in Northern West Virginia. Pending evaluation of the economic, operational, and environmental benefits […]

  • 9 January 2014
    Business & Finance

    Aker Solutions completed the sale of its well-intervention services business area to EQT, a Swedish private equity fund. The unit was sold for an enterprise value of NOK 4 billion and the agreement includes an earn-out provision where Aker Solutions will receive 25 percent of any internal rate of return exceeding 12 percent a year […]

  • 3 May 2016

    Norwegian energy giant Statoil said it has agreed to divest its operated Marcellus properties in the US state of West Virginia to EQT Corporation for US$407 million. EQT will acquire 62,500 net acres, and current natural gas production of 50 MMcfe per day from Statoil USA Onshore Properties, a unit of Statoil. The transaction is […]

  • 4 October 2012

    EQT Corporation announced that it has commissioned a second drilling rig powered by clean burning natural gas. This second rig uses gas from on-site production to lower fuel costs and reduce truck traffic related to diesel deliveries, which in turn lessens the overall environmental footprint. At an operating well site in Wetzel County, WV, EQT […]

  • 9 January 2014
    Business & Finance

    Aker Solutions completed the sale of its well-intervention services business area to EQT, a Swedish private equity fund. The unit was sold for an enterprise value of NOK 4 billion and the agreement includes an earn-out provision where Aker Solutions will receive 25 percent of any internal rate of return exceeding 12 percent a year […]

  • 4 July 2017
    Business & Finance, Operations & Maintenance

    Angel EQT has launched a partnership investment venture with Britannia’s Gold Ltd, (BGL) which is on a quest to recover cargoes of Britain’s gold and precious metals lost at sea during World Wars I and II. Britannia’s Gold will utilise funding provided by Angel EQT investors to finance the survey and salvage operations. Working with […]

  • 6 July 2012

    EQT Corporation today announced the launch of a pilot program to begin converting drilling rigs to liquefied natural gas (LNG), displacing the diesel used to power equipment at the well site. This program marks the first LNG rig conversion in the Marcellus Shale and will provide a cleaner burning alternative fuel for the region’s drilling […]

  • 28 August 2015
    Business & Finance

    The EQT Infrastructure II Fund has acquired Mongstad Administrasjon AS (Mongstad Supply Base) from Wimoh Invest AS, a company ultimately owned and controlled by Marit and Trond Mohn, a Norwegian businessman.  The parties have agreed not to disclose the transaction value. Mongstad Supply Base outside Bergen is an oil and gas port in Norway, strategically […]

  • 12 May 2014
    Business & Finance, Equipment

    Tampnet AS, the Norwegian-based leading offshore high capacity and low latency communications provider, has reached an agreement to acquire the wireless Managed Services provider AirTap Communications, LLC from a group of private investors. AirTap is a Louisiana-based Managed Services provider with the first-to-market low latency, high-speed World Interoperability for Microwave Access (“WiMAX”) network in the […]

  • 20 July 2012
    Project & Tenders

    Linde North America’s solution for using liquefied natural gas (LNG) to fuel engines and power generators is being tested in West Virginia by EQT Corporation, an energy company focused on natural gas production, transmission and distribution. “We are pleased to be working with EQT to demonstrate the safe, reliable and cost-effective use of LNG in […]

  • 7 April 2015
    Business & Finance

    Miller Energy Resources, Inc. has appointed Phillip G. Elliott as Chief Financial Officer. “We are excited that Phil has joined Miller Energy as its new CFO,” stated Carl F. Giesler, the company’s Chief Executive Officer. “He brings a strong and focused work ethic as well as a proven and deep track record of financial and corporate […]

  • 3 July 2017
    Business & Finance

    French shipping major CMA CGM has signed a binding agreement for the sale of a 90% equity interest in Global Gateway South terminal in Los Angeles (USA). Under the agreement signed with EQT Infrastructure III and its partner P5 Infrastructure on July 1, the share will be acquired for an enterprise value of USD 875 million. CMA CGM […]

  • 11 January 2012
    Business & Finance

    Halliburton announced that Murry S. Gerber has been named to the company’s board of directors. The appointment is effective January 10, 2012 and Gerber will be confirmed by the stockholders at the annual meeting in May 2012. Gerber became CEO of EQT Corporation in 1998 and was elected chairman in 2000. He served as chairman, […]

  • 7 March 2018
    Business & Finance

    U.S.-based oil company Marathon Oil Corporation has named two new members to the company’s board of directors.

  • 17 November 2015
    Business & Finance

    Sweden’s EQT Infrastructure Limited has made a move to sell its Dutch storage company Koole Terminals to institutional investors advised by J.P. Morgan Asset Management – Global Real Assets, a deal valued at over EUR 1 billion. Since the initial acquisition by EQT Infrastructure in February 2011, Koole Terminals storage capacity has more than tripled to 2 million […]

  • 22 November 2013
    Business & Finance, Equipment

    Aker Solutions agreed today to sell its well-intervention services business area to EQT, a Swedish private equity fund, for an enterprise value of NOK 4 billion. The agreement includes an earn-out provision where Aker Solutions will receive 25 percent of any internal rate of return exceeding 12 percent a year on EQT’s equity investment. Aker […]

  • 22 November 2013
    Business & Finance

    Norway’s Aker Solutions agreed today to sell its well-intervention services business area to EQT, a Swedish private equity fund, for an enterprise value of NOK 4 billion (USD 658 Million). The agreement includes an earn-out provision where Aker Solutions will receive 25 percent of any internal rate of return exceeding 12 percent a year on […]

  • 19 June 2019
    Business & Finance, Equipment

    AGL Energy Limited (AGL) has determined to cease undertaking due diligence on Australia-based telco operator Vocus and to withdraw its non-binding, indicative proposal to acquire Vocus. Earlier this month, AGL was granted exclusive access to conduct due diligence on Vocus for a period of four weeks. However, the energy generator and retailer company has now […]

  • 23 March 2015

    Fluxys and Enagás have agreed to jointly acquire Swedegas, the company which owns and operates Sweden’s entire high-pressure gas pipeline network, from EQT Infrastructure.

  • 27 October 2010
    Business & Finance

    Skykon has today filed for a suspension of payments. The creditors will shortly receive additional information from the supervisor on the further course of events. “The wind turbine industry is project based and very cyclical, and it is currently being affected by a number of negative factors in the wake of the financial crisis. These […]