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Deals this week: Teekay Offshore Partners, Aquaterra Energy, Sparrows Group

2017-07-28 01:00:00| Offshore Technology

Teekay Offshore Partners LP intends to raise $640m through issuing units at a price of $2.50 each in a private placement. The company will also issue 65.5 million warrants on a pro-rata basis.

Tags: group week partners energy

 

Brookfield Business to gain majority stake in Teekay Offshore

2017-07-28 01:00:00| Offshore Technology

Brookfield Business Partners with its institutional partners has entered an agreement to acquire 60% of Teekay Offshore Partners.

Tags: business gain majority offshore

 
 

Control Seal-Double Block and Bleed Plug Valves and Rising Stem Ball Valves for the Offshore Industry

2017-07-27 15:25:00| Offshore Technology

Control Seal is a unique challenger in the valve business and has over 20 years of experience in valves and 100 years in precise engineering.

Tags: the control industry block

 

Karoon Gas Australia to develop Echidna prospect offshore Brazil

2017-07-27 01:00:00| Offshore Technology

Karoon Gas Australia is set to go ahead with the front-end engineering and design (FEED) on its Echidna project in Santos Basin, offshore Brazil.

Tags: australia develop gas brazil

 

ExxonMobil discovers further oil in offshore Guyana

2017-07-27 01:00:00| Offshore Technology

ExxonMobil has discovered additional oil resource in the Payara reservoir in offshore Guyana, improving the discovery's potentiality to approximately 500 million oil-equivalent barrels. 

Tags: oil guyana offshore discovers

 

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