Tagged Acquisitions

Borr Drilling: No long-term rig deals at breakeven rates

By Offshore Energy Today Offshore drilling company Borr Drilling, which “has taken the jack-up rig hoarding to a new level,” after several recent acquisitions, is now in talks to find work for some of its drilling units. … Read Full Article Here For more great articles: Offshore Energy Today

ADES gets $450M loan for further acquisitions

By Offshore Energy Today Egypt’s offshore driller ADES has signed a US$450 million syndicated credit facility to support its recently announced plans to pursue further acquisitions…. … Read Full Article Here For more great articles: Offshore Energy Today

ADES lifts profit, targets acquisitions

By Offshore Energy Today Egypt’s offshore and onshore driller ADES has posted an increase in full-year profit and is targeting acquisition opportunities. … Read Full Article Here For more great articles: Offshore Energy Today

IVECO and BNP Paribas Leasing Facilitate NG Commercial Acquisitions

By NGV Global IVECO, a global leader in the manufacture of vehicles powered by natural gas, has set in motion a plan to help transport operators to renew their fleets with more environmentally-friendly commercial vehicles. The arrangement is with BNP Paribas Leasing Solutions, a European leader in equipment finance. The purchasers of IVECO vehicles featuring…

Ineos sets up six new oil and gas units

By Offshore Energy Today.. Following the completion of a number of North Sea oil and gas acquisitions that began in 2015, Ineos is launching six new oil and gas businesses. … Read Full Article Here For more great articles: Offshore Energy Today

Seville Public Transport Fleet Passes 50% CNG with New Acquisitions

By NGV Global In the Spanish city of Seville, the Municipal Corporation’s urban transportation division (TUSSAM) has acquired a total of 15 new 12-meter buses powered by Compressed Natural Gas (CNG), which will provide immediate service. The buses, featuring MAN NL 313 chassis and bodywork by Castrosua, are Euro VI compliant and cost EUR 4…