Search results for: takeover

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A list of search results

  • 21 December 2014

    A story on Halliburton’s decision to cut workforce amid tough market conditions was the most read during the week December 15 – 21, 2014.   Also, Wood Group PSN’s news on slashing salaries for workers offshore & onshore UK came in as the second most popular piece during the week. According to our statistics, Offshore […]

  • 3 November 2015
    Business & Finance

    Norwegian Cruise Line Holdings Ltd reported an adjusted net income of USD 311.1 million for the quarter ended September 30, 2015. The cruise liner said that its adjusted EPS increased was 22 pct over prior year and was at the top end of the company’s guidance range, benefiting from solid net yield performance. On a […]

  • 24 February 2009

    The newest ferry company operating from a Kent port is proposing to takeover a rival to save hundreds of jobs. LD Lines, which operates between Dover and Boulogne and Dieppe, said it would make a formal bid for SeaFrance. SeaFrance, which sails to Calais, this week said it may axe 650 French jobs to survive […]

  • 14 August 2015
    Business & Finance

    Pon Holdings and Parcom Capital have reached agreement on the takeover of technical services provider, Imtech Marine, with the details of the takeover to be worked out. Imtech Maritime has said that the takeover by the new shareholders, Pon Holdings and Parcom Capital, guarantees the continuity of Imtech Marine, which allows the company to realize its growth ambition. […]

  • 5 February 2018

    Australian oil and gas producer AWE has urged shareholders to accept Mitsui’s $0.95 per share takeover offer.

  • 16 March 2015

    Mosman Oil and Gas Limited, an oil company which recently launched a takeover offer for MEO Australia Limited, an independent oil and gas company based in Australia, has today extended the closing date of the offer. The offer, which would expire on March 24, has been extended to May 8, 2015. Mosman has said it has […]

  • 13 November 2012
    Business & Finance

    VOSTA LMG has confirmed that a contract about a takeover of VOSTA LMG Group of Companies and CFT International GmbH by a company of ASL Marine Group has been agreed. VOSTA LMG CEO and Shareholder Mr. R. Dietze and ASL Marine Group Managing Director Mr. K.T. Ang entered into a contract for takeover of 100% […]

  • 6 April 2011

    Somali pirate Jama Ibrahim is to be sentenced at 0930hrs local time tomorrow, marking the first piracy case brought in the District of Columbia. Ibrahim pleaded guilty in September to various charges stemming from the takeover of Clipper Group vessel ‘Future’ in the Gulf of Aden. The takeover lasted 71 days, ending in January 2009 […]

  • 2 September 2015
    Business & Finance

    Anglo/Dutch oil and gas giant Royal Dutch Shell has moved yet another step closer to finalising one of the largest oil and gas mergers in history, the $70 billion acquisition of the UK’s BG Group. Shell on Wednesday announced that its recommended combination with BG Group plc has received unconditional merger clearance from the European […]

  • 6 June 2016

    Following last week’s reports that Otto Marine, a Singapore-based provider of offshore vessels for the oil and gas industry, was a target for a potential takeover, the company is yet to receive a formal offer. To remind, Otto Marine was last week approached by RHB Securities Singapore Pte Ltd (RHB), the financial adviser to the […]

  • 19 December 2016

    Oil and gas company San Leon Energy has been approached by an unnamed firm for a possible takeover offer, the second one in less than two years.  The company, with oil and gas assets across Europe and Africa including offshore assets in Albania, Ireland, and Morocco, confirmed on Monday it has received an approach from a possible […]

  • 11 May 2016
    Business & Finance

    Australian oil and gas company AWE Petroleum has rejected a takeover offer. The company on Wednesday said it had received an unsolicited indicative, conditional and non-binding proposal from Lone Star Japan Acquisitions, Ltd on behalf of a Lone Star Fund, to acquire all of the shares in AWE for a cash consideration of A$0.80 per share. According […]

  • 5 March 2018
    Business & Finance

    Ithaca Energy has reduced the size of its board of directors, following a takeover by the Israeli oil and gas company Delek.

  • 8 January 2015

    After completing the takeover of Flex LNG on December 18, Geveran Trading has continued to purchase company shares.

  • 22 October 2015

    Australia’s Santos, the operator of the GLNG project, said it has rejected a 7.1 billion Australian dollar (US$5.1 billion) takeover offer from a fund backed by sovereign investors and the ruling families of Brunei and the United Arab Emirates. Santos has on Tuesday received an indicative, highly conditional and non-binding proposal from Scepter Partners, on behalf […]

  • 16 January 2017
    Business & Finance, Equipment

    SEVI Group has completed the takeover of 100 per cent of the shares in the Norwegian subsea engineering company, Seastate 7. According to the company, the takeover should expand the competence in SEVI Group to include services that they formerly outsourced, and strengthen the portfolio within the company. Seastate 7 has since its establishment in […]

  • 13 December 2011
    Business & Finance, Operations & Maintenance

    Cove Energy pic, the AIM quoted upstream oil and gas company, announces an update on activities in their 8.5 per cent participating interest in the Mozambique Offshore Area 1 block (“Rovuma Area 1”). Cove reports that the latest appraisal well, Lagosta 2 (7.4km north of Lagosta 1), has spudded on 11 December 2011 and it […]

  • 21 January 2016
    Business & Finance

    All talks have ended regarding a potential takeover offer for San Leon Energy, an independent oil and gas exploration company with headquarters in Ireland, by an unnamed party.  In August 2015, San Leon was approached by a possible offeror. However, San Leon noted that the approach may or may not lead to an actual offer […]

  • 13 February 2013

    Nexen Inc. said that the company has received approval from the Committee on Foreign Investment in the United States (CFIUS) with respect to the proposed acquisition of Nexen by CNOOC Limited, and now has all of the requisite approvals to proceed to close. The transaction is expected to close by the week of February 25, […]

  • 2 June 2016
    Business & Finance

    An unnamed firm is looking to buy Singapore’s Otto Marine, an offshore marine group specialising in the subsea and deepsea segment.   Otto Marine revealed on Thursday it has received a letter from RHB Securities Singapore, a financial advisor to a potential buyer, in connection with a potential transaction. “On behalf of the Offeror, we would […]

  • 22 October 2015

    Australia’s energy company Santos has rejected a takeover approach by Scepter Partners. Santos on Tuesday received a proposal from Scepter Partners, on behalf of the managed funds of its core stakeholders, to acquire all of Santos for a cash consideration of A$6.88 per share. Reuters says that the bid was A$7.1 billion ($5.1 billion). “The Santos […]

  • 10 December 2014

    EPSI AS, a company managed by HitecVision, has launched a takeover offer for Norwegian oil company Rocksource. According to a Rocksource filing to the Oslo Exchange,  EPSI has launched a mandatory offer to acquire all the issued and outstanding shares in Rocksource at a price of NOK 6.00 per share. Based on 98,371,500 issued shares in […]