Hints and tips:
...Candidates include Shell, Total and Chevron, which are all drilling, or planning to drill, in the same Orange oil basin....
...An Rmb2tn ($280bn) stock market “stabilisation fund” drawn from the offshore money of state-owned enterprises is reportedly being considered....
...Origin’s board has recommended acceptance, with the deal giving the company an enterprise value of A$19.4bn, which includes $2.9bn of net debt....
...some other oil majors, Petrobras currently operates no major renewable electricity assets, having pulled out of wind power as part of a wider exit from non-core activities in order to focus on deepwater drilling...
...Incidentally, what a triumph of enterprise and engineering skill the North Sea has represented....
...During Lula’s time in office, Petrobras found vast offshore oil and gas deposits known as “pre-salt” reserves that ranked among the world’s largest discoveries in decades....
...Its enterprise value of $62bn is similar to what Shell paid for BG Group. Orsted’s nearly 10GW of operating offshore wind capacity next year alone would add to Shell’s long-term plans by half....
...If successful, the next step would be seeking a freeze on Tsinghua’s offshore assets....
...Pouyanné said Total had given instructions to cease drilling operations, decommission a rig and halt development of a gas discovery on an offshore block....
...Members of Joe Biden’s own Democratic party are worried that his moratorium on drilling on federal lands will cost their party votes....
...The utility and generation companies Public Service Enterprise Group and Exelon said an exit was the “best approach”....
...The restructuring plan called for the company to eliminate $3.3bn of existing debt and reset the company’s enterprise value at $2.5bn....
...In 2017 and 2018 Vietnam halted drilling in two offshore oil and gas projects near Vanguard Bank operated by Spain’s Repsol, following pressure from China....
...“[We] used to [have] major employment there until those jobs went away in the last 20 years” as supply chains moved offshore....
...Offshore driller Ensco has agreed to buy Rowan Cos in an all-stock transaction to create a combined company with an enterprise value of $12bn, the latest round of consolidation in the oil sector as crude...
...Number four: In 2017 and 2018, the Bitfinex group started to limit access to its services for US individuals and enterprises, unless the entities maintained an offshore incorporation registration....
...The proposal would give Houston-based McDermott an equity value of $2bn and an enterprise value of $2.15bn, according to Financial Times calculations based on FactSet data....
...Managers’ allocation of capital to valid business purposes, and not to their own offshore accounts, is a key element of Russia’s integration into the global economy....
...Mr Fredriksen said 24 per cent of his wealth was tied up in shipping and offshore enterprises, but added: “Depending on the Seadrill situation, it may increase.”...
...If you’ve been watching the excellent three-part Netflix series ‘Narcos’ on Colombian drug lords in the 80s and 90s, you’ll have learnt by now that when faced with cross-border criminal enterprises of state-undermining...
...Coty shares popped in extended trading after the S&P Dow Jones Indices said the company would replace Diamond Offshore Drilling on the S&P 500....
...(WSJ) News round-up Trump bars China-backed bid for semiconductor company (FT) Bain is said to get $9.4bn for new fund (BBG) Offshore drilling group Seadrill files for bankruptcy (FT) Vodafone looking...
...In December, Vantage Drilling in the US, which has three deepwater drillships, filed for bankruptcy protection....
...Scotland accepted a pair of pandas in 2011 as part of an agreement to share offshore drilling technology and supply salmon to China, while the Dutch loan this year came as the Netherlands agreed to supply...
...Shale wells are much faster to drill and complete than large developments such as offshore oilfields....
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