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Oil Related Services and Equipment

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Dar Group says it acquired a total exposure of 13.35% in issued shares of Worleyparsons Ltd

6:03pm EST

Worleyparsons Ltd : Dar Group says it acquired a total exposure of 13.35% in issued shares of worleyparsons ltd, comprised of physical shares of 8.61% and cash settled equity swap exposure of 4.74% . Confirms that it submitted an indicative proposal to acquire 100% of Worleyparsons shares in November 2016 .Has no present intention of initiating discussions with worleyparsons a change of control transaction.

Asian Oilfield Services unit signs O&M contract for offshore production unit at Nigeria

Wednesday, 22 Feb 2017 07:42am EST

Asian Oilfield Services Ltd : unit has signed contract for providing operations and maintenance services for offshore production unit at Nigeria . Says total value of O & M contract is about US$ 95 million for a total period of 5 years (inclusive of client options) .Unit Asian Oilfield & Energy Services DMCC has entered into deal to acquire 99.99% shareholding of Ivorene Oil Services Nigeria.

Matrix Composites & Engineering Co receives notification from a shipyard customer of a request for cancellation

Sunday, 19 Feb 2017 04:41pm EST

Matrix Composites & Engineering Ltd : Company advised that it had received notification from a shipyard customer of a request for cancellation . Announces that it has now reached a favourable agreement with shipyard customer . Request for cancellation in respect of two contracted orders for riser buoyancy systems .Two contracted orders for Riser Buoyancy Systems, each valued at us$10.89 million.

Geoex extends offer period for Multiclient Geophysical shares

Friday, 17 Feb 2017 10:20am EST

Multiclient Geophysical ASA : Extension of offer period for recommended voluntary offer to acquire all outstanding shares in Multiclient Geophysical (MCG) by Geoex Ltd .Says in order to give shareholders of MCG additional time to accept offer, Geoex hereby extends acceptance period under offer until 16:30 (CET) on March 6, 2017.

DOF adds vessels Olympic Commander, Olympic Hera to its fleet

Wednesday, 8 Feb 2017 02:49am EST

DOF ASA : Has entered into management agreement with Norwegian limited co, not owned by DOF, for management and operation of two vessels, Olympic Commander and Olympic Hera .Has option to purchase vessels at price corresponding to outstanding debt or about 50-60 pct of historical build costs.

Aker says OSV merger is platform for further consolidation

Monday, 6 Feb 2017 08:00am EST

Aker Asa : Aker CEO Oeyvind Eriksen: Says 3-way OSV merger is platform for further consolidation, door is open to other industry actors Further company coverage: [AKER.OL] (Reporting by Ole Petter Skonnord, editing by Terje Solsvik) ((terje.solsvik@thomsonreuters.com;)).

Aker says OSV merger is platform for further consolidation

Monday, 6 Feb 2017 08:00am EST

Aker Asa : Aker CEO Oeyvind Eriksen: Says 3-way OSV merger is platform for further consolidation, door is open to other industry actors Further company coverage: [AKER.OL] (Reporting by Ole Petter Skonnord, editing by Terje Solsvik) ((terje.solsvik@thomsonreuters.com;)).

Solstad, Farstad, Deep Sea merger looks like good business case -minister

Monday, 6 Feb 2017 06:41am EST

Norway's Oil and Energy Minister Terje Soeviknes told Reuters on the sidelines of an industry conference in Stavanger on Monday: The proposed merger of Solstad, Farstad and Deep Sea Supply looks like a good business case . Does not believe Solstad, Farstad, Deep Sea merger will be problem for competition, though competition watchdog must make own assessment Further company coverage: [SOFF.OL] (Reporting by Joachim Dagenborg, editing by Terje Solsvik) ((terje.solsvik@thomsonreuters.com;)).

Solstad, Farstad, Deep Sea merger looks like good business case -minister

Monday, 6 Feb 2017 06:41am EST

Norway's Oil and Energy Minister Terje Soeviknes told Reuters on the sidelines of an industry conference in Stavanger on Monday: The proposed merger of Solstad, Farstad and Deep Sea Supply looks like a good business case . Does not believe Solstad, Farstad, Deep Sea merger will be problem for competition, though competition watchdog must make own assessment Further company coverage: [SOFF.OL] (Reporting by Joachim Dagenborg, editing by Terje Solsvik) ((terje.solsvik@thomsonreuters.com;)).

Farstad Shipping announces fully funded restructuring plan

Monday, 6 Feb 2017 02:00am EST

Farstad Shipping ASA : Announces fully funded restructuring plan for farstad shipping .Parties to restructuring agreement and Soff Invest AS, Ivan II AS and Tyrholm & Farstad AS, to work for combination of Solstad Offshore, Farstad Shipping and Deep Sea Supply.

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