Oil - Related Services / Equipment

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Technics Oil & Gas announces acquisition of 80pct of Marinelift Testing & Supply Pte Ltd and 80pct of Rigging & Marine Services Pte Ltd

Thursday, 10 Jul 2014 05:32am EDT

Technics Oil & Gas Ltd:Enters into a sale and purchase agreement with Lee Tock Kiau and Thia Bong Yeo (Vendors) for proposed acquisition of 80pct of the issued and paid-up capital of Marinelift Testing & Supply Pte Ltd (MTS) and 80pct of the issued and paid-up capital of Rigging & Marine Services Pte Ltd.Aggregate purchase consideration of S$16.46 mln.

EOC Ltd enters into contract to acquire new accommodation and support vessel

Thursday, 10 Jul 2014 12:30am EDT

EOC Ltd:Says it has entered into a memorandum of agreement to acquire a new build accommodation and support vessel, for a purchase price of $32.5 million.The vessel is designed to meet the classification requirements of the American Bureau of Shipping (ABS) and with modifications can accommodate up to 70 men.The vessel was built in Fujian Mawei Shipbuilding Ltd, a shipyard based in Fujian, China.

EOC Ltd enters agreement to acquire Ezra Holdings' offshore support companies; seeks secondary listing on Main Board of the SGX-ST

Thursday, 10 Jul 2014 12:30am EDT

EOC Ltd:Says it has entered into a business combination agreement with its largest shareholder, Ezra Holdings Ltd, pursuant to which Ezra will transfer the ordinary shares held by Ezra in each of its offshore support companies.Says the transfer is in consideration of a sum equal to $520.0 million.Says, in connection with the Proposed Business Combination and for the purpose of raising the closing amount, the company intends to conduct a public offering of new shares.Says it also intends a secondary listing and quotation of the shares of the company on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST).The proposed Business Combination and the Singapore Offering are dependent on the approval by the shareholders at an extraordinary shareholders' meeting.

Canyon Services Group announces coiled tubing assets acquisition

Tuesday, 8 Jul 2014 05:51pm EDT

Canyon Services Group:Announce that it has acquired four deep coiled tubing packages which include twin fluid pumpers, BOPs, injectors and three cranes (assets) from a Canadian oilfield services company for about $19.7 million.Asset purchase is expected to close no later than July 15 and will be funded using Canyon's current banking facilities.

SHAWCOR LTD acquires desert NDT

Tuesday, 8 Jul 2014 05:01pm EDT

SHAWCOR LTD:Completed the acquisition of all of the outstanding shares of Desert NDT LLC for a total consideration of about $260 million.

Uzma Bhd announces acquisition of entire equity interest in Premier Enterprise Corp (M) Sdn Bhd

Tuesday, 1 Jul 2014 08:00pm EDT

Uzma Bhd:Entered into an agreement with Abdul Shuhaimi Bin Abdul Karim and Rafiah Binti Ibrahim.For acquisition of entire equity interest in Premier Enterprise Corp (M) Sdn Bhd, a company incorporated in Malaysia.

Ferrellgas Partners LP acquires Wise Choice Propane

Tuesday, 1 Jul 2014 09:53am EDT

Ferrellgas Partners LP:Announces the acquisition of Wise Choice Propane, an independently owned propane retailer with locations in Mount Vernon and Utica, Ohio.

Fugro completes acquisition of Geofor Group

Monday, 30 Jun 2014 08:00pm EDT

Fugro NV:Completes acquisition of Geofor Group based in Libreville (Gabon), Douala (Cameroon), Pointe Noire (Republic of Congo) and Sao Tome City (Sao Tome) to strengthen its presence in Central Africa region and French speaking African countries.Geofor is onshore and nearshore geotechnical company delivering drilling services.Geofor FY 2013 revenues equal about 25 mln euros.Geofor employs about 600 people.

Enerflex Ltd completes international contract compression, processing and after-market services acquisition

Monday, 30 Jun 2014 02:54pm EDT

Enerflex Ltd:Completes previously announced acquisition of international contract compression and processing business, as well as after-market services business of Axip Energy Services, LP (Axip) for about $430 mln in cash, which is net of customary closing adjustments (Acquisition).Acquisition was funded using about C$128 mln from cash-on-hand with remaining balance funded by drawing on company's credit facilities.

Jaccar Holdings completes takeover bid for Bourbon

Sunday, 29 Jun 2014 08:00pm EDT

Bourbon SA:14,414,074 company's shares tendered to Jaccar Holdings at unit price of 23 euros as result of takeover bid.Jaccar thus increases its stake in company up to 39,801,686 shares representing 53.38 pct of share capital and theoretical voting rights, as well as 55.60 pct of voting rights exercisable in shareholder's meetings.Settlement to take place on July 4.

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