DOF Group to acquire Maersk Supply Service for $1.1bn to boost global presence

DOF Group to acquire Maersk Supply Service for $1.1bn to boost global presence

In a significant move to strengthen its position as a leading integrated offshore services provider, DOF Group ASA has entered into an agreement to acquire Maersk Supply Service A/S (MSS) from Maersk Supply Service Holding A/S, a subsidiary of A.P. Møller Holding A/S. This strategic acquisition, valued at approximately USD 1.112 billion, involves a payment […]

Ithaca Energy secures exclusivity agreement with Eni for potential combination in UK

Ithaca Energy secures exclusivity agreement with Eni for potential combination in UK

Ithaca Energy, a leading independent oil and gas operator in the UK North Sea, announced a significant step towards a transformative combination with Eni S.p.A.’s UK upstream assets, signaling a major move in the energy sector. This potential combination, excluding Eni’s CCUS and Irish sea assets but including the recently acquired Neptune Energy assets, is […]

Helix Energy Solutions bags contract for deepwater well intervention in Nigeria

Helix Energy Solutions bags contract for deepwater well intervention in Nigeria

Helix Energy Solutions Group, Inc. (NYSE: HLX), a leading international offshore energy services company, has announced a significant contract award from Esso Exploration and Production Nigeria (Deepwater) Ltd. (“Esso”) for deepwater well intervention services in Nigeria. This strategic collaboration emphasizes Helix’s commitment to expanding its well intervention services in West Africa, particularly in the Erha […]