Archer has signed an offer letter with Moreld laying out principle terms to purchase 100% of the shares in Deepwell. [Read more…] about Archer signs offer letter to acquire DeepWell
Sif Holding and Royal IHC have finalized the acquisition of KCI the engineers by Sif. [Read more…] about Sif and IHC finalize acquisition of KCI the engineers
RWE has taken over a further 20% stake from E.ON in the British offshore wind farm Rampion. [Read more…] about Acquisition of 20% E.ON stake makes RWE majority shareholder in Rampion wind farm
EnQuest has today announced an agreement to acquire a 26.69% equity share in the Golden Eagle development, in addition to issuing an operations update ahead of its 2020 full year results announcement scheduled for 25 March 2021. [Read more…] about EnQuest signs agreement to acquire equity interest in Golden Eagle development
Vicente Boluda Ceballos, BOLUDA TOWAGE SL, and Jim Iskes, owner of ISKES TOWAGE & SALVAGE, today signed in Amsterdam an agreement to acquire the port towage activities of Iskes in Eemshaven (the Netherlands), Lubeck (Germany), and Lisbon (Portugal) as well as its offshore activities, together with the management and office staff in the head office in IJmuiden, the Netherlands. [Read more…] about Boluda Towage acquires Dutch Iskes Towage & Salvage
OKEA ASA announced that it has signed a Sales and Purchase Agreement (SPA) with Repsol Norge for the acquisition of Repsol’s 40% operated working interest in PL 972, which includes the Vette oil discovery, with effective date 1 January 2021. [Read more…] about Acquisition of Vette discovery from Repsol
Kim Heng Marine & Oilfield announced the acquisition of an additional 2 units of 12,000B HP Anchor Handling Tugs, named Salvanguard and Salvigilant from Posh Terasea, which will be renamed as Bridgewater 160 and Bridgewater 161. [Read more…] about Acquisition of 2 AHTs of 12,000B HP
The Bureau of Ocean Energy Management has approved Equinor and Shell’s transaction announced in May 2019, whereby Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell Offshore for a total consideration of USD 965 million in cash. [Read more…] about Equinor completes acquisition with Shell in the US Gulf of Mexico
Jan De Nul Group and Vroon Group signed agreements to transfer part of the offshore business of MPI to Jan De Nul Group.
[Read more…] about Jan De Nul Group acquires part of MPI’s offshore business unit
Sparrows Group has cemented its position in the renewables sector with the acquisition of Danish wind energy specialist Alpha Offshore Service A/S.
[Read more…] about Sparrows Group announces acquisition of wind energy specialist Alpha Offshore Service