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Chevron Corporation (NYSE: CVX) announced on July 20, that it has entered into a definitive agreement with Noble Energy, Inc. (NASDAQ: NBL) to acquire all of the outstanding shares of Noble Energy in an all-stock transaction valued at $5 billion, or $10.38 per share.

In the Norwegian North Sea, Sleipnir successfully removed the 8100 mT Jotun-B jacket for client Vår Energi. The platform was installed in 1998 by Heerema's Thialf, who returned to the Jotun Field last year to remove the topsides and conductors - demonstrating the circularity of Heerema's involvement in the lifecycle of these now retiring platforms.

For over a decade, Optime has been the driver in moving hydraulic energy and control from topside to the seabed. This technology is also proving beneficial for All-Electric fields, where certain valve functions may require hydraulic control. Equinor have selected Optime’s Hydraulic Pump for its future All-Electric initiative.

Maersk Drilling has secured an additional one-well contract from Aker BP, acting as operator of the Tambar license, for the low-emission jack-up rig Maersk Integrator. In direct continuation of its current work scope, the rig will move to the Tambar field offshore Norway to drill the K-2B development well, with work expected to commence in February 2021.

Remote Medical International, a global leader in workplace health and safety services for Fortune 100 corporations and government services prime contractors, announced it completed its acquisition of SSI Group on July 1.

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