Success of Technip's Offer on Coflexip

Thursday, October 11, 2001
Coflexip Stena Offshore announced today that following the publication by the French Financial Markets' Board of the results of the public offerings of Technip on Coflexip's share capital, Technip now holds 98.36% of Coflexip and 98.54% of its voting rights.

In its July 25 meeting, the Board of Directors of Coflexip had recommended that Coflexip shareholders tender their shares to Technip's offer.

CSO, the leading global contractor for subsea and deepwater solutions to the offshore oil and gas industry, offers technically advanced and cost-effective best in class services and products for the development of offshore hydrocarbon fields worldwide. From front-end engineering to field abandonment, the Group solutions in engineering, fabrication and installation are proposed on either an integrated or a segmented basis.


Legal

Philippines: Sea Dispute Won't Shift Ties with China, U.S.

The Philippines' territorial dispute with China over the South China Sea has not caused Manila to rebalance diplomatic ties with either its ally, the United States,

Hanjin Shipping to Submit Self-Rescue Plan

South Korea’s Hanjin Shipping is planning on submitting a self-rescue plan to creditors this week to stave off bankruptcy by Aug. 25, reports Korea Herald quoting local media.

US Coast Guard Announces Final TWIC Rule

The U.S. Coast Guard announced Tuesday the publication of the final rule concerning Transportation Worker Identification Credential (TWIC) reader requirements. The

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair Ship Simulators
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0655 sec (15 req/sec)