Board of Directors Approves Model for Sale of Petrobras’ Shares Holds in Braskem
The Board of Directors of Petrobras approved the sale model of up to 100 percent of the preferred shares it holds in Braskem SA (Braskem), to be conducted through a secondary public offering(s) of shares (follow-on), in collaboration with Novonor SA and NSP Investimentos SA (both referred to as Novonor), dubbed the Offer. Petrobras also […]
Merger of Santos & Oil Search Implemented
Santos Limited (Santos) is pleased to announce that the merger of Santos and Oil Search Limited (Oil Search) has been completed today through a scheme of arrangement (Scheme). As a result, Santos has acquired 100% of Oil Search’s issued capital from Oil Search shareholders. According to the Scheme’s terms, eligible Oil Search shareholders have been […]
McDermott Awarded Three Offshore Contracts by Saudi Aramco
McDermott continues its decades-long relationship with Saudi Aramco with three new engineering, procurement, construction, and installation (EPCI) awards. McDermott will provide EPCI for four drilling jackets and seven oil production deck modules (PDMs) in Saudi Arabia’s offshore Zuluf, Ribyan, Abu Sa’fah, and Safaniya fields. ‘These awards are a direct result of our long track record […]
Lamprell Announces Directorate Changes
Lamprell announces the following changes to the Board of Directors in light of recent announcements. Jean Marc Lechene has been appointed to Lamprell’s Board of Directors as an independent Non-Executive Director, effective yesterday. In addition, after more than four years on the Board, Mr James Dewar has decided to step down as a Non-Executive Director […]