The UK’s Competition and Markets Authority (CMA) has officially accepted remedy measures taken by Maersk Drilling and Noble Drilling, enabling completion of their proposed merger.
The UK’s 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.
Noble Corporation (NYSE: NBL) and Maersk Drilling (CPH: DRLCO) have signed a $375m deal to sell-off several North Sea rigs to Shelf Drilling, in a move which could address competition concerns.
The UK’s 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.
Energy technology provider Fennex is continuing to grow in the wake of recent contract wins, prompting new personnel and its entrance into new markets.
The UK’s Competition and Markets Authority (CMA) has opened an investigation into the proposed merger of drilling stalwarts Noble and Maersk.
A concern over “rig stability” has forced IOG to halt drilling on its Southwark project in the North Sea.
The merger of Noble Corporation and Maersk Drilling will create the third largest offshore drilling company by fleet size in the world.
Maersk Drilling and Noble Corporation have announced a merger between the two offshore drilling companies.
An investigation is underway after a rescue ship "made contact" with a Noble Corporation oil rig leg, weeks ahead of a jack-up "issue" leading to work being ceased at a flagship IOG North Sea field.
Drilling contractor Noble Corporation has rolled out an Aberdeen technology firm’s new safety observation app across its fleet.
Independent Oil and Gas (IOG) has awarded the rig contract for phase one of its core project to Noble Corporation.
London-based offshore drilling company Noble Corporation has reported a loss of $24.6million (£17.7million) in its Q4 results.
Noble Corporation has been awarded new contracts for one of its drillships in the Gulf of Mexico and Suriname.
Offshore drilling contractor Noble Corporation has appointed an investment banker as its new chief financial officer.