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Dockwise Ltd. confirms it has received an unsolicited intended offer from Royal Boskalis Westminster N.V. (‘Boskalis’) for the acquisition of all outstanding shares of Dockwise at an offer price of EUR 17.20 per share cum dividend. The intended offer by Boskalis is subject to certain specified and unspecified conditions. The …

Sercel has introduced new enhancements to its cable-free land acquisition portfolio with the joint launch of the new generation of UNITE, its industry-leading cable-free acquisition system, and the SG-5, a new geophone sensor. These enhancements are designed to offer seismic acquisition crews greater operational flexibility to acquire higher-quality data in …

Rosneft and Statoil today signed Shareholder and Operating Agreements that will establish joint ventures for the four offshore Russian license areas included in the Cooperation Agreement signed by the two companies on May 5, 2012. The license areas in question are Perseevsky in the Barents Sea and Kashevarovsky, Lisyansky and …

Gazprom Neft has reached an agreement with a group of international banks to take out a EUR 258 million, 10-year syndicated unsecured loan facility supported by an export credit agency. The proceeds will be used for the purchase of equipment and services to upgrade oil refinery of NIS , Gazprom Neft’s Serbian …

GE announced it has entered into an agreement to acquire Naxys, a provider of subsea leak detection and condition monitoring sensors based on passive acoustic technology. The acquisition, which is subject to regulatory approval and other customary closing conditions, further expands GE’s monitoring and sensing solutions and will be part …

Tethys Petroleum Limited today announced the appointment of Julian Hammond to Chief Executive Officer and President with immediate effect. In addition, the Rt. Hon Peter Lilley has been appointed as Non Executive Chairman. Due to recent health reasons Dr. David Robson is unable to continue in his roles of Executive Chairman, President and …

TNK-BP  and Gazprom Neft have agreed to launch a project to optimize governance of the Slavneft group , which they own on a parity basis. The ownership structure of Slavneft will remain unchanged. The project, which is subject to the finalization of certain corporate procedures, envisages that additional management and decision making authorities will …

CGGVeritas announced today its non-audited second quarter 2012 consolidated1 results.  All comparisons are made on a year-on-year basis unless stated otherwise. Revenue at $831 million, up 11% Strong increase in Operating Income at $85 million, a 10% margin Services return to profitability Positive Outlook for 2012 confirmed Second Quarter 2012 …

The move, which will see nearly half of all core cutting activities within the global energy industry carried out under Corpro, follows the full deployment of the organisation’s game-changing technology, Quick Capture, which has successfully completed a series of commercial jobs across a broad range of applications and geologies. Corpro …

Subsequent to previous development success, Caspian Energy Inc. (“Caspian”) and partners have initiated drilling of a fifth well, well #306, in the East Zhagabulak field of west-central Kazakhstan. The contract for production of hydrocarbons at the East Zhagabulak field in the Aktobe Oblast is valid for a 24 year period …