Petro Welt Technologies AG : Acquires fracturing company in Kazakhstan . Acquired firm, Trican Well Service Kazakhstan Ltd., is a specialist for fracturing and actively serves a number of international and local customers throughout Kazakhstan .Integration of acquired company in corporate structures is likely to be completed within next two to three months.
Seabird Exploration Plc : Has entered into a contract for purchase of vessel Hawk Explorer and its seismic equipment .Under the purchase agreement, SeaBird will pay $1.1 million for the vessel and seismic equipment as well as the cancellation of all future lease payments and additional obligations as required under the charter agreement.
Key Energy Services Inc [KEGX.PK] :Announces entry into plan support agreement for consensual deleveraging and recapitalization transaction.
Wah Seong Corporation Bhd : Unit wasco coatings Europe b.v. acquired entire issued and paid-up share capital in "Promovia Einundneunzigste Verwaltungsgesellschaft Mbh" .
Chiwayland International Ltd : Acquisition of land use rights in land parcel in Binghu District, Wuxi City, Jiangsu Province, Prc) . Unit, suzhou chiway shangcheng real estate has been successful in bid for land use rights of land parcel in Jiangsu province .
Mencast Holdings Ltd : Banking facilities with United Overseas Bank Limited . The group has on 19 August 2016 entered into banking facility agreements with United Overseas Bank Limited . Group secured loan facility of up to S$50.0 million with United Overseas Bank; also secured facilities of up to S$24.9 million, comprising term loan facility . Says funds from the banking facilities will be used for the redemption of the outstanding bonds of S$50 million .
Wah Seong Corporation Bhd : Wah seong corporation - says loi was signed by wceu and nord stream 2 ag to commence mobilization of works for nord stream 2 project . Wah seong corporation - commencement of work pending the finalization of a formal contract to be signed by wceu and nord stream 2 ag . Wah seong corp-wceu and nord stream 2 ag are in negotiations to finalize the contract for concrete weight coating and logistics works . Wah seong corp-refers to the announcement in relation to tender awarded by nord stream 2 ag to wasco coatings Europe b.v., a unit of of wsc incorporated .
Universal Resource and Services Ltd : Management has decided to terminate new lease with the lessee in accordance with the relevant terms of the new lease .
Mermaid Maritime PCL : Mermaid's associate Asia offshore drilling limited secures contract extensions for jack-up rigs) . Extensions are in direct continuation of the current contracts and will add approximately US$225 million in contract backlog . Performance by the company of the contracts would have had a material adverse effect on the earnings per share" . Secured 3-year contract extension from Saudi Aramco for the jack-up drilling rigs aod i and aod II expiring in June 2019 and July 2019, respectively .
Barakah Offshore Petroleum Bhd : Unit PBJV Group received 2016 work scope for transportation and installation of Riser guards in SKO field . Value of the lump sum work scope is estimated at 38.2 million RGT .