Prosafe SE: Operational Update – June 2024

Oslo, 20 June 2024  Fleet utilisation for May 2024 was 57 percent.   All operational rigs, Safe Eurus, Safe Notos, Safe Zephyrus and Safe Concordia, achieved 100 percent utilisation in May 2024.   Prosafe entered into a Conditional Letter of Intent (CLoI) for Safe...

TGS and PGS – key dates for completion of merger

Oslo, Norway (20 June 2024) – Reference is made to the joint stock exchange announcement on 18 September 2023 by TGS ASA (“TGS” or the “Company,” OSE: TGS) and PGS ASA (“PGS,” OSE: PGS) regarding the combination of the two...

Weekly share repurchase program transaction details

June 19, 2024 SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period June 13, 2024 through June 19, 2024. The repurchases were made under the EUR65 million share repurchase program announced...

Awilco Drilling Plc: Settlement of Arbitration Cases

Further to the stock exchange release of 1 May 2024 from Awilco Drilling PLC (“Awilco Drilling”) regarding the termination of the newbuilding contract between Awilco Rig 2 Pte. Ltd. (“AR2”) and Keppel FELS Limited (“KFELS”) for the...

EMGS: Annual general meeting held

The annual general meeting (the “AGM”) of Electromagnetic Geoservices ASA (“EMGS” or the “Company”) was held today, 19 June 2024 at 11:00 CEST. All items were resolved in accordance with the board of directors’ proposals and...