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Oil Related Services and Equipment

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Tong Oil Tools to acquire a controlling stake in Cutters Group Management

Thursday, 19 Oct 2017

Oct 19 (Reuters) - Tong Oil Tools Co Ltd <300164.SZ>:Says it plans to acquire a controlling stake in Cutters Group Management Inc, whose 100 percent stake is valued at $72.38 million.

TechnipFMC to buy Plexus’ exploration wellhead business

Thursday, 19 Oct 2017

Oct 19 (Reuters) - Technipfmc Plc ::* To acquire Plexus’s Wellhead exploration equipment and services business .* Business will be integrated into the TechnipFMC Surface Technologies segment and will include the transfer of key personnel from Plexus..* Says deal will enable TechnipFMC to be a leading provider of products and services to the global jack up exploration drilling market.

Lanzhou LS Heavy Equipment's shares to halt trade pending regulatory review of acquisition

Wednesday, 11 Oct 2017

Oct 11 (Reuters) - Lanzhou LS Heavy Equipment Co Ltd <603169.SS>:Says its shares to halt trade from Oct 12 pending regulatory review of asset acquisition.

GE's Baker Hughes recently held takeover talks with Subsea 7 SA - WSJ

Wednesday, 11 Oct 2017

Oct 11 (Reuters) - :Baker Hughes A GE Co recently held takeover talks with Subsea 7 SA - WSJ, citing sources‍​‍​.Baker Hughes A GE Co takeover talks with Subsea 7 SA recently broke down over price - WSJ, citing sources‍​‍​.

NCS Multistage to buy Spectrum Tracer Services

Wednesday, 30 Aug 2017

Aug 31 (Reuters) - NCS Multistage Holdings Inc :NCS Multistage to acquire Spectrum Tracer Services, adding tracer diagnostics capabilities.NCS Multistage Holdings Inc - Deal for ‍$80 million​.Ncs Multistage Holdings Inc says ‍expects transaction to be accretive to eps in first year​.NCS Multistage Holdings Inc - ‍Merger consideration on a cash-free, debt-free basis, comprised of about $73 million of cash and about 0.4 million ncs shares​.NCS Multistage Holdings Inc - ‍Deal consideration primarily funded with cash on hand and use of credit facility​.NCS Multistage - Earn-out provision could provide up to $12.5 million additional cash consideration if some financial performance measures are achieved​.

Keane Group appoints Curt Dacar as chief commercial officer of co prior to appointment

Monday, 3 Jul 2017

July 3 (Reuters) - Keane Group Inc ::Keane Group says appointed curt Dacar as chief commercial officer of co; prior to appointment, Dacar served as CEO of rockpile energy services-sec filing.

Total Energy Services acquires shares of Savanna Energy Services on TSX

Wednesday, 19 Apr 2017

April 18 (Reuters) - Total Energy Services Inc ::Total Energy Services Inc. announces acquisition of shares of Savanna Energy Services Corp. On the TSX.Has purchased 45,000 Savanna shares.

Jutal Offshore Oil Services agrees to allot aggregate of 803.6 mln subscription shares

Tuesday, 21 Mar 2017

Jutal Offshore Oil Services Ltd <3303.HK>: Company has conditionally agreed to allot aggregate of 803.6 million subscription shares . Company and subscribers entered into subscription agreement . Subscribers have conditionally agreed to subscribe for an aggregate of 803.6 million shares at hk$1.2 per subscription share .Net proceeds of subscription are estimated to be approximately hk$962 million.

Qurain petrochemical says no shareholders of NAPESCO accepted acquisition offer

Thursday, 16 Mar 2017

Qurain Petrochemical Industries Company :Announces end of consolidation period, no shareholders of National Petroleum Services accepted co's mandatory acquisition offer.

Spectrum withdraws voluntary offer to buy MultiClient Geophysical

Wednesday, 15 Feb 2017

Spectrum ASA : Competing voluntary offer to acquire MultiClient Geophysical ASA withdrawn and received acceptances released .Spectrum has resolved to withdraw offer and that all acceptances received under offer shall be released with immediate effect.


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