Industry News

Production report for October 2023

Oslo, 24 November 2023         September 2023October 2023OperatedBoepd (1)Bopd (2)Boepd (1)Bopd (2)Colombia 688463632426Argentina2,0002532,065233Total operated2,6887162,697660Total equity1,3174101,313381 (1)   Barrels of oil equivalents per day (includes liquid and...

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Awilco Drilling PLC: Ruling of the second arbitration case 

Reference is made to the Half-Year Report 2023 and the stock exchange release of 14 March 2023 from Awilco Drilling PLC (“Awilco Drilling”) regarding the termination of the newbuilding contract between Awilco Rig 2 Pte. Ltd. (“AR2”) and Keppel FELS Limited (“KFELS”)...

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Havila Shipping ASA: Third quarter 2023 accounts

SummaryThe fright revenues in the third quarter were NOK 176 million, which is a decrease from a strong second quarter and lower than the corresponding quarter last year after one ship was sold out of the fleet in January this year. Three vessels are sold in the...

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FRO – Closing under the Share Purchase Agreement with CMB NV

Frontline plc (“Frontline”) (NYSE and OSE: FRO), today announced that the sale by Frontline of 13.7 million shares in Euronav NV (“Euronav”) to CMB NV (“CMB”) has been completed. On 9 October 2023 Frontline announced that it had agreed on an integrated solution to the...

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BW Offshore: Successful placement of senior unsecured bond issue

Successful placement of senior unsecured bond issue 22 November 2023 – Reference is made to the stock exchange notice from BW Offshore Limited (the “Company”) dated 16 November 2023 regarding a contemplated new senior unsecured bond issue. The Company has successfully...

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