Search results for: RemainCo

77564 results

A list of search results

  • 27 August 2019

    LNG engineer TechnipFMC has decided to separate into two publicly traded companies via a spinoff.

  • 27 August 2019
    Business & Finance, Equipment, Operations & Maintenance

    TechnipFMC has said it plans to separate into two independent, publicly traded companies – RemainCo and SpinCo. The transaction is expected to be structured as a spin-off of TechnipFMC’s Onshore/Offshore segment to be headquartered in Paris, France. The separation is expected to be completed in the first half of 2020, subject to customary conditions, consultations […]

  • 27 August 2019
    Business & Finance

    The board of directors of oilfield services provider TechnipFMC has unanimously approved the company’s plan to separate into two independent, publicly-traded companies.

  • 20 January 2020
    Business & Finance

    TechnipFMC has reaffirmed that its planned transaction to separate into two companies, TechnipFMC and Technip Energies, is well on track for completion in the first half of 2020. To remind, the industry giant said last year it plans to separate into two independent, publicly traded companies – RemainCo and SpinCo. The transaction is expected to […]

  • 24 October 2019
    Business & Finance

    Oilfield services company TechnipFMC saw its third quarter 2019 profit drop despite increase in revenues due to charges and credits compared to the same period last year.  According to TechnipFMC’s quarterly report published on Wednesday, the company’s revenue in the third quarter 2019 was $3.3 billion and net income was $21.8 million. These results included […]

  • 17 January 2020
    Business & Finance

    TechnipFMC has reaffirmed that its planned transaction to separate into two companies, TechnipFMC and Technip Energies, is well on track for completion in the first half of 2020.

  • 27 January 2020
    Business & Finance

    Compagnie Maritime Belge announced its commitment to tackle CO2 emissions from the shipping sector.

  • 11 March 2019

    McDermott International and Baker Hughes, a GE company, have been awarded deals by BP for the Greater Tortue Ahmeyim natural gas project, located offshore Mauritania and Senegal.

  • 30 November 2010
    Business & Finance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, is announces that it has signed a rig contract securing the Maersk Guardian jack-up rig (photo) to drill the Clapton prospect in late 2011 or early 2012. Earlier this month, […]

  • 11 March 2019
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    McDermott and BHGE have been awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts by BP for the Greater Tortue Ahmeyim natural gas project offshore Mauritania and Senegal. McDermott share of the deal is said to be between $500 million – $750 million for engineering, procurement, construction and installation (EPCI) […]

  • 11 March 2019
    Business & Finance, Equipment

    McDermott and Baker Hughes, a GE company (BHGE) have been awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts by BP for the Greater Tortue Ahmeyim natural gas project, located offshore Mauritania and Senegal.

  • 23 September 2016

    Teekay Offshore Partners has been awarded new three-year shuttle tanker contracts of affreightment (CoA), plus extension options, with BP plc, Royal Dutch Shell and OMV Group. The new CoAs cover the transportation of the oil produced from the new Glen Lyon FPSO, part of the Quad204 development located west of Shetland in the North Sea. The CoAs […]

  • 5 July 2013
    Business & Finance

    Yangzijiang Shipbuilding (Holdings) Ltd. (YZJ) announced yesterday that the company has acquired the remaining balance of 49 % of the equity interest in the capital of Jiangsu Yangzi Changbo Shipbuilding Co., Ltd . (JCSC), of which 25% of the equity interest in JCSC was acquired by the company directly, and the remaining 24% of the […]

  • 5 July 2013

    Yangzijiang Shipbuilding (Holdings) Ltd. (YZJ) announced yesterday that the company has acquired the remaining balance of 49 % of the equity interest in the capital of Jiangsu Yangzi Changbo Shipbuilding Co., Ltd . (JCSC), of which 25% of the equity interest in JCSC was acquired by the company directly, and the remaining 24% of the […]

  • 17 August 2016

    The U.S. Energy Information Administrations expects the energy-associated CO2 emissions from natural gas to surpass those from coal for the first time since 1972.

  • 23 September 2016
    Business & Finance

    Teekay Offshore Partners has been awarded new three-year shuttle tanker contracts of affreightment (CoA), plus extension options, with BP plc, Royal Dutch Shell and OMV Group. The tankers will transport the oil produced from the new Glen Lyon FPSO which is part of the Quad204 development located west of Shetland in the North Sea. The […]

  • 20 December 2011

      After a coal ship sank off the island of Co To in northern Quang Ninh Province yesterday, three crew members died while six others remained missing. Huong Dien 09 ship, with nine crew members aboard, sank in an area approximately 49 nautical miles southeast of Ha Long Bay following a break-down of the ship’s […]

  • 1 November 2019
    Business & Finance

    The new company will be called OneOcean.

  • 24 March 2016
    Business & Finance

    Shanghai-listed shipping company China Merchants Energy Shipping (CMES) has placed an order for ten VLOCs at three compatriot yards. Eight 400,000 dwt VLOCs will be built by Shanghai Waigaoqiao Shipbuilding (SWS) and Qingdao Beihai Shipbuilding Heavy Industry, four each for a total of USD 680m, whereas the remaining two are assigned to China Merchants Heavy Industry (Jiangsu). […]

  • 29 October 2018

    Lion Air flight JT610 has crashed into the sea off Indonesia with 189 people on board. The flight JT610, en-route to Pangkal Pinang from Jakarta, has crashed near Kerawang just 13 minutes after taking off. The cause of the crash of the plane, the Boeing 737 MAX 8, which is in operation since August this year, remains unknown. […]

  • 2 November 2017

    Irish government has given its approval for the assignment of Providence Resources’ interest in blocks in North Celtic Sea basin, offshore Ireland, to Marginal Field Development Company (MFDevCo) and Lansdowne. Providence said on Thursday that the Irish Minister of State at the Department of Communications, Climate Action, and Environment approved the assignment of interest equity interest in […]

  • 3 June 2020
    Business developments & projects, Operations & Maintenance

    Geneva-headquartered commodities trading house Gunvor reported a rise in trading volumes for the year 2019.