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Oil Related Services and Equipment

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Aker Solutions completes Brazil acquisition

Wednesday, 7 Dec 2016 08:30am EST

Aker Solutions Asa :completes acquisition of majority stake in brazil's c.s.e..

Tanjung offshore says unit entered into MOU with Kilgour Metal Treatments Limited

Wednesday, 7 Dec 2016 06:30am EST

Tanjung Offshore Bhd : Mou is not expected to have any material effect on eps, nta, of the company for the financial year ending 31 december 2016 . Collaboration is an avenue for tob to upscale engineering services into aerospace industry and for kilgour to expand their global presence in south east asia . T7 aero sdn. bhd., a unit has entered into a memorandum of understanding with kilgour metal treatments limited .Mou for the purpose of pursuing business opportunities in metal treatments in malaysia.

Mermaid Maritime says vessel under construction cancelled by mutual agreement

Wednesday, 7 Dec 2016 05:09am EST

Mermaid Maritime Pcl : (Mermaid's Newbuild Subsea Vessel Under Construction Cancelled By Mutual Agreement) . mutually entered into a settlement agreement to terminate construction contract for vessel effective 6 december 2016 . Settlement also ensures that owner shall have no obligation to pay balance payment .us$ 124.8 million is balance of contract which would have been due to builder upon delivery of vessel pursuant to contract.

Vallourec controls 99.03 pct of Tianda Oil Pipe's equity

Friday, 2 Dec 2016 11:45am EST

Vallourec SA :Announces success of mandatory and unconditional cash bid launched on 4 Nov 2016 for minority interests of Tianda Oil Pipe (TOP).

Anton Oilfield Services Group says entered into subscription agreement with investor

Thursday, 1 Dec 2016 07:17pm EST

Anton Oilfield Services Group <3337.HK>: Anton oilfield services group <3337.HK>- company entered into a subscription agreement with investor . Agreement pursuant to which investor agreed to subscribe 221.6 million new shares at subscription price of HK$1.0080 per share . Net proceeds from the subscription is expected to be approximately HK$222.89 million .Investor being Trafalgar Trading Fund Inc.

Silk Holdings Bhd says unit awarded contract by Hess Exploration

Wednesday, 30 Nov 2016 04:42am EST

Silk Holdings Bhd : Jasa Merin (Malaysia) Sdn Bhd has been awarded one contract by Hess Exploration and Production Malaysia B.V. .Contract and option, estimated cumulatively to have a value of approximately rm 27.8 million.

Savanna responds to announcement of total's intention to make an unsolicited offer for Savanna

Friday, 25 Nov 2016 08:20am EST

Savanna Energy Services Corp : Savanna Energy Services Corp - Board of directors will consider and evaluate total's offer if and when received and will respond in due course . Savanna Energy- Co cautions that no formal offer has been presented to co or shareholders .Savanna responds to announcement of total's intention to make an unsolicited offer for Savanna.

Daya Materials Bhd entered into a mou with CEEC

Friday, 25 Nov 2016 05:13am EST

Daya Materials Bhd : Entered into a mou with china energy engineering corporation limited international company (ceec) . Purpose of the mou is to record the preliminary intentions and understanding of dmb and ceec with respect to their common interest . MOU to combine industry connections and resources to collaborate in power plant projects and other infrastructure construction projects in malaysia and indonesia Source (http://bit.ly/2gGAYqq) Further company coverage: [DAYA.KL] ((Bangalore.newsroom@thomsonreuters.com;)).

Hilong Holding says unit entered into a pre-award agreement with Saipem Group

Monday, 21 Nov 2016 04:30am EST

Hilong Holding Ltd <1623.HK> : Hilong Marine Engineering, an indirect unit, has recently entered into a pre-award agreement with Saipem Group .Co won a bid order from rosneft oil company for provision of 17,914 ton drill pipes.

Oilfield Workforce Group says proposing to acquire Jack Group

Thursday, 17 Nov 2016 10:16pm EST

Oilfield Workforce Group Ltd : "There is a risk that company may not be able to meet requirements of asx for re‐quotation on asx" . Co is proposing to acquire Jack Group , an established foundation and piling services business in malaysia .In conjunction with acquisition of Jack Group, co to sell its current business for a cash price of s$1.5 million to an unrelated third party.

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