Search results for: Oslo Axess

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  • 3 February 2015
    Business & Finance

    Aminex in October 2014 announced a binding agreement to sell up to 13% of Kiliwani North Development Licence, offshore Tanzania, to Solo Oil plc for a total consideration of $7 million. The company has today said that the two oil and gas companies have now signed the Asset Sale Agreement for the first 6.5% interest and the only conditions precedent […]

  • 11 September 2017
    Business & Finance

    Oslo-listed shipowner Stolt-Nielsen has managed to collect up to USD 175 million from its latest senior unsecured bonds placement. Net proceeds from the bond issue are set to be used for the refinancing of outstanding bonds and general corporate purposes. The company completed the placement of senior unsecured bonds in the Nordic bond market in a new 5-year bond […]

  • 26 March 2015

    The merger transactions pursuant to which Golden Ocean will merge into Knightsbridge have been approved at today’s special general meeting of the shareholders of Knightsbridge. As a result, the name of Knightsbridge will be changed to “Golden Ocean Group Limited” immediately after the effective time of the merger.  On Monday, Knightsbridge informed that its shares have […]

  • 22 June 2020
    Business & Finance, Business developments & projects, Regulation & policy, Rules & Regulation

    Seadrill has transitioned to quotation on OTC Capital Markets following its delisting from the NYSE with Oslo Stock Exchange now being its primary listing.

  • 27 June 2011

    Reference is made to the stock exchange announcements dated 10 June 2011 regarding Höegh LNG Holdings Ltd.’s (HLNG) application for a listing of the Company’s common shares on the Oslo Stock Exchange, and the transaction terms of the planned equity raising in the form of an initial public offering  as part of the Listing. Given […]

  • 11 October 2017
    Business & Finance, Equipment, Operations & Maintenance

    Baker Hughes, a GE company, reportedly held talks with the London-based offshore engineering, construction and services player Subsea 7 about a possible acquisition. According to Wall Street Journal, people familiar with the matter said that talks between the two companies recently broke down over price. Subsea 7 share price fell after it was downgraded by […]

  • 19 June 2019

    Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, completed its listing on New York Stock Exchange (NYSE).

  • 15 January 2016
    Business & Finance

    Oslo-listed investment company Tanker Investments Ltd completed a total share repurchase program of USD 60 million, authorized in 2015, on January 13. The company bought 3,000 of its shares on the Oslo Stock Exchange at an average price of NOK 94.9 per share, implying a total consideration of NOK 284,7 thousand (or approximately USD 32,3 thousand). Following the transaction, Tanker Investments holds […]

  • 14 February 2011

    Fred. Olsen Windcarrier AS, Oslo, Norway, recently entered into a contract with Norwegian shipyard Båtservice Mandal AS for the construction… (marinelog) [mappress] Source: marinelog , February 14, 2011

  • 31 July 2020
    Research & Development, Technology

    Norway’s GCE Ocean Technology has welcomed Oslo-based Ocean Oasis as its new member. Ocean Oasis develops a wave-powered desalination solution to deliver fresh water to shore with zero emissions The company gets support from the early-stage accelerator and venture capitalist Antler in Oslo and EU Climate KIC. Earlier this year, Swedish wave power company Ocean […]

  • 12 January 2006

    Oslo – Pirates of the Caribbean, the US entry in the Volvo Ocean Race, reported on Thursday that it was taking in water in the unforgiving Southern Ocean.

  • 17 October 2011
    Business & Finance

    Reference is made to notice to Oslo Stock Exchange dated 15th April 2011 regarding an option for a second newbuild drillship. A wholly owned subsidiary of Fred. Olsen Energy ASA and Hyundai Heavy Industries Co. Ltd. have agreed on an extension of the time limit for declaring this option till 20th December 2011. The scheduled delivery […]

  • 6 July 2016
    Business & Finance, Operations & Maintenance

    Electromagnetic Geoservices (EMGS) and vessel owner Euro Trans Skips have agreed to terminate the charter agreement for the vessel EM Leader. The survey vessel EM Leader, which has been laid up since May 15, 2015, left EMGS’ fleet in June 1, 2016. “The termination is to the commercial benefit for both parties,” EMGS said. The Oslo-listed company now operates two vessels, the […]

  • 29 July 2019
    Business & Finance

    Borr Drilling has launched the initial public offering in the United States in an attempt to raise around $50 million.

  • 26 May 2016
    Business & Finance

    Prosafe, a provider of flotels for the offshore oil and gas industry, has named Glen O. Rødland interim chairman of the board of directors. The company on Thursday explained that the move follows the decision made by its now former chairman Harald Espedal to step down from the position. He also stepped down from a […]

  • 13 June 2007

    Oslo: The booming global economy and high oil price have led to strong demand for seismographic ships. DNV is experiencing a tenfold increase in classification requests

  • 10 December 2018
    Business & Finance

    Color Group AS concluded a USD 141 million 5-year financing agreement for its cruise ferry M/S Color Magic.

  • 29 April 2013
    Business & Finance

    Höegh Autoliners A/S, Oslo have appointed Paul Günther Schiffsmakler GmbH & Co. KG, Hamburg, Bremen and Düsseldorf, a member of the Menzell & Döhle Group, as their new Agency Partner in Germany, Switzerland and Austria. This appointment will be effective from 01st June 2013. Your regular and familiar contacts within HÖEGH AUTOLINERS GMBH in Bremen, […]

  • 27 August 2019
    Business & Finance

    Norwegian oil and gas company OKEA has decided to hire a new chief financial officer (CFO) as a reflection of its growth over the past year.  Over the past year, OKEA’s operations have grown significantly both in terms of production, revenues and number of employees, according to the company’s statement on Tuesday. The company’s head […]

  • 25 January 2017
    Business & Finance

    Spectrum has made an offer to acquire all the issued and outstanding shares in MultiClient Geophysical (MCG) at a consideration of NOK 1.25 per share (offer price). The offer values the total share capital of MCG at NOK 116 million. Prior to Spectrum’s announcement of the offer, Geoex Limited made a voluntary offer on MCG on […]

  • 16 June 2011

    The Financial Supervisory Authority of Norway (Finanstilsynet) has approved the prospectus dated June 15, 2011 in connection with the listing of 5,551,180 new shares on Oslo Børs. The prospectus will be made publicly available at the offices of Golar LNG and the Managers. The prospectus will also be made available on the following websites: […]

  • 30 March 2011
    Business & Finance

    Under the charter contract with Centrica Energy Upstream, the charter is automatically extended by six months unless notice is given six months prior to the expiration of the contracted period. The expiration of the currently contracted period was September 28, 2011, and the charter for FPSO Sevan Hummingbird has been extended until March 28, 2012. […]