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Oil Related Services and Equipment

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Beijing Etrol Technologies completes dissolution of Shandong branch

Monday, 25 Dec 2017 09:59pm EST

Dec 26(Reuters) - Beijing Etrol Technologies Co Ltd <300370.SZ>:Says it completed dissolution of Shandong branch .

GC Rieber Shipping: ‍AS Javipa Reduces Its Holding In Company In Demerger

Wednesday, 20 Dec 2017 03:35am EST

Dec 20 (Reuters) - Gc Rieber Shipping Asa ::‍AS JAVIPA REDUCES ITS HOLDING IN COMPANY WITH 2 MILLION SHARES IN A DEMERGER​.‍AS JAVIPA NOW HOLDS 1 MILLION SHARES IN COMPANY WHICH IS 2.33 PERCENT.

Trevi Finanziaria Industriale says Sergio Iasi Appointed Chief Retructuring Officer‍​

Monday, 18 Dec 2017 04:41pm EST

Dec 18 (Reuters) - Trevi Finanziaria Industriale Spa ::SERGIO IASI CO-OPTED AND APPOINTED CHIEF RETRUCTURING OFFICER‍​.‍NOTES RESIGNATION WITH IMMEDIATE EFFECT OF DIRECTOR MARCO ANDREASI ​.ANDREASI TO CONTINUE TO CONTRIBUTE AS CENTRAL MANAGER.‍PREPARATION FOR COMPANY CAPITAL STRENGTHENING BEGINS​.‍BOARD OF DIRECTORS ACKNOWLEDGES CONTINUED UNCERTAINTIES PREVIOUSLY COMMUNICATED TO MARKET ON NOVEMBER 13​.‍BOARD FURTHER POSTPONED VOLUNTARY APPROVAL OF Q3 FINANCIAL RESULTS​.

Seacor Holdings Inc. Announces Sale And Lease Of Sea-Vista Tanker

Wednesday, 13 Dec 2017 06:45am EST

Dec 13 (Reuters) - Seacor Holdings Inc ::SEACOR HOLDINGS INC. ANNOUNCES SALE AND LEASE OF SEA-VISTA TANKER.SEACOR HOLDINGS INC - ‍AGREEMENT TO SELL ONE OF ITS ECO-CLASS TANKERS FOR APPROXIMATELY $135 MILLION​.SEACOR HOLDINGS INC - ‍AGREEMENT TO SELL ECO-CLASS TANKERS BY UNIT, SALE PROCEEDS TO BE USED TO PAY DOWN UNIT'S OUTSTANDING TERM LOANS AND REVOLVER​.SEACOR HOLDINGS - ‍IN CONJUNCTION WITH SALE, UNIT TO LEASE VESSEL FROM PURCHASER, SIMULTANEOUSLY BAREBOAT VESSEL TO OIL MAJOR FOR DURATION OF LEASE​.SEACOR HOLDINGS - AS OF DEC 31, 2017, SEA-VISTA WILL HAVE A REVENUE BACKLOG OF $452 MILLION.

Xinjiang Zhundong Petroleum Technology dissolves energy development unit

Tuesday, 12 Dec 2017 11:26pm EST

Dec 13 (Reuters) - Xinjiang Zhundong Petroleum Technology Co Ltd <002207.SZ> ::Says it completes dissolution of wholly owned Xinjiang-based energy development subsidiary .

Sinopec Oilfield Equipment dissolves wholly owned petroleum machinery unit

Thursday, 7 Dec 2017 02:53am EST

Dec 7 (Reuters) - Sinopec Oilfield Equipment Corp <000852.SZ> ::Says it completed dissolution of wholly owned petroleum machinery subsidiary in Chengde due to merger .

Gemini Reports Q3 Net Loss Per share Of C$0.04

Tuesday, 28 Nov 2017 08:14pm EST

Nov 28 (Reuters) - Gemini Corp ::GEMINI REPORTS THIRD QUARTER 2017 RESULTS.Q3 REVENUE FELL 34 PERCENT TO C$14.6 MILLION.QTRLY NET LOSS PER SHARE $‍0.04​.‍DECISION HAS BEEN MADE TO IMMEDIATELY ENTER INTO A CORPORATE RESTRUCTURING PROCESS​.GEMINI - ‍RESTRUCTURING WILL INCLUDE CHANGES TO EXECUTIVE LEADERSHIP TEAM & REDUCTIONS IN PERSONNEL RESULTING IN $6.0 MILLION ANNUAL REDUCTION IN OVERHEAD COSTS​.ALL FIGURES IN C$‍​.

General Electric CEO Flannery plans to focus on GE’s aviation, power, health-care divisions- WSJ‍​

Monday, 13 Nov 2017 12:10am EST

Nov 13 (Reuters) - :General Electric CEO Flannery plans to unveil road map monday to focus on GE's aviation, power, health-care divisions- WSJ, citing a source ‍​.General Electric CEO CEO will look to exit most of the rest of GE's operations - WSJ, citing a source‍​.CEO says company plans to eventually shed its majority stake in Baker Hughes - WSJ.

HNZ Group Inc. to be acquired by president and CEO Don Wall and Phi Inc.

Tuesday, 31 Oct 2017 07:35am EDT

Oct 31 (Reuters) - HNZ Group Inc. :HNZ Group Inc. To be acquired by president and CEO don wall and Phi, Inc..HNZ Group Inc. - ‍shareholders to receive cad$18.70 in cash per share​.HNZ Group Inc. - ‍arrangement values HNZ at approximately CAD$242.4 million​.HNZ Group - CEO ‍Don Wall, through a wholly-owned acquisition co, to acquire all of issued and outstanding common and variable voting shares of co.Says ‍arrangement has also been approved unanimously by board of directors of Phi​.HNZ Group-under deal, Phi to acquire from canadian purchaser part of Co's offshore business in New Zealand, Australia, Philippines, Papua New Guinea​.HNZ Group-‍termination fee of C$6.5 million payable to Phi & expense reimbursement fee of up to C$1 million payable to canadian purchaser in some circumstances​.HNZ Group Inc. - ‍acquisition to occur by way of a statutory plan of arrangement.

Seamec says board discussed restructuring arrangement with HAL

Monday, 30 Oct 2017 04:19am EDT

Oct 30 (Reuters) - Seamec Ltd ::Says board discussed restructuring arrangement with HAL.

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