Bennex sign agreement with FMC Technologies
2010.07.23 -
Company News
Bennex has signed an agreement with FMC Technologies for deliveries of subsea distribution systems. The agreement has an important market value for Bennex.
This agreement is important for us. It gives us a good basis for further growth in the global subsea market, says Geir Otto Amundsen, director for Bennex Kongsberg.
The overall purpose with this agreement, is for the parties to work closer and to achieve competitive advantages in the global market.
The scope of work includes the deliveries of electrical, fiber optical and hydraulic distribution systems.
- This agreement is a quality stamp for Bennex. It underlines our position as a technological supplier of distribution products in the global subsea market, continue Amundsen.
The agreement underlines Bennex as a competitive player in the global market. This is important for future development of Bennex both when it comes to turnover and employees.
- Delivery precision and capability secured by optimal processes, capacity, quality, global thinking and presence will secure competitiveness and is the key to our success. Our focus for meeting the future technological and environmental requirements has never been higher, says Geir Otto Amundsen
The agreement is valid until the end of 2011 with an option for another one (1) year.
Petroleum Geo-Services ASA ('PGS' or the Company) announced today that it has entered into a definitive agreement to acquire Applied Geophysical Services, Inc. (AGS) for a price of USD 51 million, subject to certain adjustments for changes in working capital. PGS estimates an enterprise value for AGS of approximately USD 46 million. AGS is based in Houston, Texas and specializes in providing advanced depth imaging services. The transaction is expected to close during the course of this week.
Total announces the acquisition of a 40% interest in three exploration permits northeast of Ichthys on the Australian Browse Basin jointly with Inpex (60%, operator). These interests were held by ConocoPhillips. This acquisition is subject to the approval of the Australian authorities.
Rowan Companies, Inc. (NYSE:RDC) announced today that it has entered into contracts with Keppel AmFELS, Inc. for the construction of four Super 116E class jack-ups. The rigs will be built at AmFELS' Brownsville, Texas shipyard, with delivery scheduled at approximately four-month intervals beginning in the second quarter of 2010.
Gaz de France has acquired a 45% stake in the Alam El Shawish West licence in Egypt from Vegas Oil & Gas.
Trico Marine Services, Inc. (NASDAQ: TRMA) ("Trico") and Active Subsea ASA (NOTC: ASUB) ("Active Subsea") today announced that Trico intends to make a voluntary offer for all outstanding shares, options and warrants of Active Subsea.
