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DNO ASA, the Norwegian oil and gas operator, today announces an increased and final cash offer of 160 pence for each Faroe Share. The consideration under the Final Offer implies a value of approximately £641.7 million for the fully diluted share capital of Faroe, including shares already held by DNO. The full release can be accessed at the [...]
Paris, 8 January 2019, 8:30 am PRESS RELEASE Eramet: Aubert & Duval and PyroGenesis sign a technical and commercial partnership agreement for the distribution of plasma-atomized titanium powders Aubert & Duval, a subsidiary of Eramet Group's Alloys division, specialized in high performance metallurgy, and PyroGenesis, a Canadian player specialized [...]
Oslo, 3 January 2019 - DNO ASA, the Norwegian oil and gas operator, today announced that its subsidiary DNO Oman Block 8 Limited has relinquished operatorship and participation in Oman Block 8 to the Sultanate of Oman's Ministry of Oil and Gas and state-owned Oman Oil Company Exploration and Production LLC . A handover ceremony was held in Muscat [...]
DNO ASA's scheduled financial reporting in 2019 is as follows: Full-year 2018 presentation: 7 February 2019 Operating and financial update: 11 April 2019 Half-year 2019 presentation: 31 July 2019 Operating and financial update: 31 October 2019 The Company's 2018 Annual Report will be released on 27 March 2019 and the Company's Annual General [...]
NON-CORE TABAKOTO MINE View News Release in PDF George Town, December 24, 2018 - Endeavour Mining is pleased to announce that on December 24, 2018, it completed the sale of its interest in the non-core Tabakoto mine to Algom Resources Limited, a subsidiary of BCM International Ltd , as previously announced on September 4, 2018. As part of the [...]
Paris, 19 December 2018, 8:30 am PRESS RELEASE Eramet - The Lithium project is entering a new stage; Hervé Montégu appointed as Senior Vice President of Lithium Activities Metals for tomorrow's energy transition and mobility are central to Eramet's strategy. Key metals include nickel and lithium. Lithium has a variety of applications, including energy storage , and demand is expected to triple in the coming decade. As of 1 January, 2019, Hervé Montégu is appointed Senior Vice President of Lithium Activities within the Eramet group. Since November 2015, Hervé Montégu has been CEO of Comilog, the Group's Gabonese subsidiary. The new mission entrusted to Hervé Montégu is to develop this new activity. In par... [...]
Equinor ASA intends to propose to the Corporate Assembly for further approval at its Annual General Meeting on 15 May 2019 that EY be appointed as the company's auditor for the financial year 2019. This decision was taken following a competitive audit tender. KPMG, Equinor's current external auditor, will undertake the audit of Equinor ASA for the [...]
Oslo, 11 December 2018: In line with its previously communicated crop nutrition focused strategy, Yara is simplifying its operating model to strengthen customer focus and drive value creation. The members of Yara Executive Management remain the same following these changes. "Earlier this year, we set out our strategy as the crop nutrition company [...]
Paris, 8 December 2018, 1:00 pm Press release Eramet takes corrective actions as part of a quality process review within its Alloys division As part of an internal quality process review within its Alloys division, conducted by the newly appointed management, Eramet noted some non-conformances in the quality management system within this division [...]
Akastor ASA , through its wholly owned subsidiary Akastor AS , has today entered into agreements with Silverfleet Capital , DNB Bank ASA and Nordea Bank Abp, filial i Norge to combine AGR Bidco AS with First Geo AS . The Transaction will be carried out primarily as an asset deal, whereby assets in the current AGR legal structure and three legal [...]
DNO notes the announcement made by Faroe Petroleum today 5th December 2018, regarding a Norwegian Asset Swap with Equinor. "This is a significant deal for Faroe, and we need to understand it before making a judgement. While Faroe has asserted this is not designed to stop the DNO offer, we need to ask if this is good value for a company seeking [...]
December 3, 2018 - Siemens and Aker Solutions have signed a strategic collaboration agreement to further develop digital offerings in engineering, operations and services. The collaboration focuses on the creation of software applications and joint service offerings including the development of industrial digital twins that will drive efficiency [...]