Industry News
Prosafe SE: Operational Update – June 2024
Oslo, 20 June 2024 Fleet utilisation for May 2024 was 57 percent. All operational rigs, Safe Eurus, Safe Notos, Safe Zephyrus and Safe Concordia, achieved 100 percent utilisation in May 2024. Prosafe entered into a Conditional Letter of Intent (CLoI) for Safe...
TGS and PGS – key dates for completion of merger
Oslo, Norway (20 June 2024) - Reference is made to the joint stock exchange announcement on 18 September 2023 by TGS ASA ("TGS" or the "Company," OSE: TGS) and PGS ASA ("PGS," OSE: PGS) regarding the combination of the two companies (the "Merger") to establish the...
Weekly share repurchase program transaction details
June 19, 2024 SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period June 13, 2024 through June 19, 2024. The repurchases were made under the EUR65 million share repurchase program announced...
Awilco Drilling Plc: Settlement of Arbitration Cases
Further to the stock exchange release of 1 May 2024 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") for the construction of a semi-submersible...
EMGS: Annual general meeting held
The annual general meeting (the "AGM") of Electromagnetic Geoservices ASA ("EMGS" or the "Company") was held today, 19 June 2024 at 11:00 CEST. All items were resolved in accordance with the board of directors' proposals and the Nomination Committee's recommendations....
DNO Racks Up Discoveries in its Offshore Norway Core Area
Oslo, 19 June 2024 – DNO ASA, the Norwegian oil and gas operator, today announced a gas condensate discovery on the Cuvette prospect in the Norwegian North Sea licenses PL248F and PL248GS in which the Company’s wholly-owned subsidiary DNO Norge AS holds a 20 percent...
Falcon Oil & Gas Ltd. – Results of Annual General & Special Shareholders Meeting
FALCON OIL & GAS LTD. (“Falcon”) Results of Annual General & Special Shareholders Meeting 19 June 2024 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) held its Annual General & Special Shareholders meeting in Dublin, Ireland yesterday. All resolutions...
Brazilian Court Orders Tenaris to Pay an Indemnification in Connection with its Acquisition of a Participation in Usiminas in 2012
LUXEMBOURG, June 18, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) announced today that the Brazilian Superior Court of Justice (SCJ) resolved that Tenaris’s subsidiary Confab and certain subsidiaries of Tenaris’s affiliate Ternium,...
NANO Nuclear Energy Senior Director and Head of Reactor Design Prof. Massimiliano Fratoni Honored at American Nuclear Society’s Annual Conference 2024 and Awarded the Untermyer & Cisler Reactor Technology Metals
Figure 1 Jay Jiang Yu, Executive Chairman and President of NANO Nuclear Energy Inc. alongside Professor Massimiliano Fratoni, Ph.D., Senior Director and Head of Reactor Design, who was awarded the Untermyer & Cisler Reactor Technology Metals at the 2024 Annual...
Equinor ASA: Notifiable trading
A primary insider in Equinor ASA (OSE: EQNR, NYSE: EQNR) has sold shares in Equinor ASA: Siv Helen Rygh Torstensen, executive vice president in Equinor ASA, has on 18 June 2024 sold 3483 shares in Equinor ASA at a price of NOK 288.99 per share. Details of the sale of...