Halliburton Baker Hughes Merger: Dave Lesar on DOJ Timing Expiry and Extension of Closing Transaction Date
1. What does this press release mean? • Halliburton Company and Baker Hughes today announced that we expect that our timing agreement with the Antitrust Division of the U.S. Department of Justice (DOJ) will expire without reaching a settlement or the DOJ initiating litigation at this time to block their …
Polarcus: Wins Undisclosed Client’s Letter of Intent for 3D Marine Seismic with RightBAND Technology
Polarcus Limited is pleased to announce that the Company has received a Letter of Intent (“LOI”) from an undisclosed client for a 3D marine seismic contract utilizing Polarcus’ RightBAND(TM) technique for broadband data acquisition. The project will commence imminently and will run for approximately two months. Commenting on the Company’s …
Technip: Achieves EDGE Certification in 8 Countries
Technip certified in five additional countries to the EDGE standard, the global standard for gender equality in the workplace – With eight countries now EDGE certified, Technip remains the first and only company in the energy industry to achieve this certification – Technip and EDGE Certified Foundation announce today that …
GE: Eyeing Halliburton’s Drilling Assets and Baker Hughes’ Completion Solutions
General Electric Co. is in advanced talks to buy the drill-bits and drilling-services divisions of Halliburton Co., which is divesting assets to win antitrust approval for its takeover of Baker Hughes Inc., according to people familiar with the matter. Selling both the drill-bits and drilling-services businesses could have fetched as …
Dow Chemical and Dupont Consider Merger of Equals
A potential marriage of chemicals titans Dow Chemical and DuPont would draw intense scrutiny from regulators in the United States and other countries, but Wall Street welcomed the reported merger talks, lifting shares of both companies by 12 percent. Dow rallied to a record and DuPont was on track for …
Technip: Denies Strategic Transaction Rumours
Following recent press articles with respect to possible strategic transactions involving Technip, we state that there are no ongoing discussions with respect to such transactions.
Vostock Capital: Complimentary LNG Reports
Get a report on the developments of Russian LNG industry. The survey participants included decision makers from LNG operators, oil and gas companies, Russian and international technology and service providers, consultants and research leaders: http://www.lngrussiacongress.com/report-request?lang=en ROGTEC – Report on LNG industry in Russia ROGTEC – Yamal_Megaprojects_En
Fugro: To Supply PGS with Global Navigation Satellite Systems to Aid Survey Positioning and Results
PGS is a leading global provider of marine seismic and electromagnetic services, data acquisition, imaging, reservoir services and multi-client library data. Fugro, the world’s leading provider of precise satellite positioning to the offshore oil and gas industry, will supply PGS vessels with a number of completely independent Global Navigation Satellite …
Polarcus: Halts all Debt Service Payments Whilst Looking for Debt Restructing
Polarcus Limited announces its decision to formally address its long term financing structure with the aim of restructuring the Company’s balance sheet. In line with the Company’s “2015 Agenda” earlier communicated, the Company has over the last twelve months taken a number of measures to improve its financial situation. The …
Schlumberger and Cameron Merger Receives Department of Justice Approvals
Schlumberger Limited and Cameron International Corporation jointly announced today that the U.S. Department of Justice has cleared their proposed merger without any conditions, granting early termination of the waiting period required by the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the proposed merger. The closing of the proposed …