News

Baker Hughes announced the closing of a secondary offering of 132.25 million shares of BHGE Class A common stock by General Electric Company and GE Oil & Gas US Holdings I, Inc., GE Holdings (US), Inc. and GE Oil & Gas US Holdings IV, Inc. at a price to the public of $21.50 per share.Read More

Emerson (NYSE:EMR), a global engineering and technology company, has announced it has acquired the Spence and Nicholson product lines from Circor International (NYSE:CIR).Read More

Oil and gas drilling and production services provider ADES International Holding’s subsidiary ADES SAE has signed a contract for a second deep-water drilling campaign in the Egyptian Mediterranean area with an undisclosed oil company.Read More

The ANP published, in the Official Gazette, a list of 13 companies qualified for the 6th Production Sharing Round. Those companies have met all the requirements set out in the notice and are able to participate in the round.Read More

Smit Lamnalco, a 50% associated company of Royal Boskalis Westminster, has secured a contract worth around $200m to provide marine services for the Coral floating liquefied natural gas (FLNG) project in Mozambique.Read More