โPersonal claims against directors may be a potential area of growth. Directors will have to take the threat seriously, as they have an impact on their professional and personal lives,โ Calvert warned.
A pair of firms are making a play for Baker Hughesโ coil tubing and pumping business, potentially paving the way for its takeover of rival Altus Intervention.
The UKโs competition regulator says Baker Hughesโ proposed sale of coiled tubing and pumping assets may be enough to clear its concerns over the acquisition of rival Altus Intervention.
Baker Hughes' (NASDAQ: BKR) takeover of Altus Intervention could lead to โhigher prices, reduced choice and lower quality servicesโ in the UK oil and gas sector, competition authorities have warned.
The UKโs Competition and Markets Authority (CMA) is to examine whether Baker Hughesโ acquisition of wells services firm Altus Intervention meets merger regulations.
The UKโs Competition and Markets Authority (CMA) has officially accepted remedy measures taken by Maersk Drilling and Noble Drilling, enabling completion of their proposed merger.
Noble Corporation (NYSE: NE) has published full details of its offer for Maersk Drilling (CPH: DRLCO), setting out a timetable that would see the new company listed by 3 October.
The UKโs Competition and Markets Authority (CMA) says the sale of several Noble rigs to a new unit of Shelf Drilling should clear the way for its proposed merger with Maersk Drilling.
Trustees of the CHC Helicopter pension scheme have warned of โsevere consequencesโ for its members if the company is forced to sell off portions of Babcock to complete its merger deal.
The UKโs Competition and Markets Authority (CMA) is considering whether there are โreasonable groundsโ to approve the merger of Maersk Drilling and Noble Corp, following the proposed sell-off of several North Sea rigs.
The UKโs Competition and Markets Authority (CMA) has flagged concerns over the proposed merger of Noble and Maersk Drilling, saying it could increase costs and reduce service quality for oil and gas producers in the UK North Sea.
CHC has launched a scathing critique of the competition watchdog for what it calls โincomplete, selective and deficientโ analysis of its takeover move for Babcock.
Maersk Drilling and Noble Drilling are preparing to sell a series of oil rigs, currently stationed in the North Sea, in order to get over competition hurdles.
The market watchdog has said that the takeover of Babcock Aviation by CHC Helicopters would lead to a โsignificant lossโ of competition in the North Sea, as its final decision looms.
CHC has told competition authorities that its takeover target of Babcock Aviation is โnot a particularly serious competitive threatโ to the company.
CHC helicopter has been given five days to address โconcernsโ raised by the competition watchdog over its takeover of rival Babcock before an investigation is escalated.
Energy Voice Out Loud, under the tender new management of Allister, took a look at the big numbers coming out of OGUKโs big report this week. Imports are rising, it seems, but politics remain a tangled web. Are companies too scared of allegations of greenwashing to make the case for the energy industry?
The UKโs competition inspector has deemed plans by Baker Hughes and investment firm Akastor to merge two business units not worthy of an investigation.