Finance News

Lime Petroleum AS has signed an agreement with OKEA AS (OKEA) to acquire OKEA’s 15% interest in the producing Yme Field in the Norwegian North Sea, for a post-tax consideration of $15.65 million. All related decommissioning costs to be transferred to Lime.

On October 1, 2024, Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies and John Christmann, Chief Executive Officer of APA Corporation, in the presence of Annand Jagesar, Managing Director of Staatsolie Maatschappij Suriname N.V., communicated the final investment decision officially by to the President of Suriname, Chandrikapersad Santokhi.

Reach Subsea ASA has announced its second quarter and half-year results for 2024, demonstrating consistent advancement towards its strategic objectives. Revenue for the quarter stands at NOK 623 million and the EBIT at NOK 121 million.

Noble Corporation plc (NOBLE) announces the completion of its acquisition of Diamond Offshore Drilling, Inc (Diamond). This transaction enhances Noble's position as a leading offshore driller, creating the largest fleet of 7th generation dual-BOP drillships in the industry, and adding approximately $2 billion of backlog.

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