Capricorn Energy (CNE.L) said that Cafani Group's Alamadiyaf al-Masiyyah for Trading secured a further extension of the put-up-or-shut-up deadline for its planned acquisition of the energy production company.
The deadline to make a firm takeover offer was extended to July 1 from Wednesday after securing the UK Panel on Takeovers and Mergers' consent, according to a same-day filing. Capricorn Energy, however, cautioned that there was no guarantee that a deal would be made.
BW LPG (BWLPG.OL) sold its entire 8.5% equity stake in Indian liquefied petroleum gas cylinder manufacturer Confidence Petroleum India.The liquefied petroleum gas shipping company said Wednesday that the sale will not impact its profit or loss, or total equity.
Moreld's (MORLD.OL) subsidiary Ocean Installer secured a four-and-a-half-year contract for the well tie-in scope of Equinor's (EQNR.OL) Bacalhau project in the Santos Basin.The contract, expected to be valued between 500 million Norwegian kroner and 1 billion kroner, covers the installation of rigid well jumpers between flowlines and subsea trees, flying leads installation, and related pre-commissioning activities, according to a Wednesday release.The industrial multi-disciplinary engineering group has planned the first offshore campaign for 2027.
ReFuels' (REFL.OL) second-largest shareholder, CNG Services Assets, is looking into potentially selling its shares in the renewable biomethane supplier.CNG Services Assets, which owns a 19.92% stake in the company, has tapped Arctic Securities and Pareto Securities as advisers for the potential transaction, according to a Wednesday release. ReFuels added that the deal is not guaranteed.CNG Services Assets does not have an active role in the company.