CMB.TECH's update on the Golden Ocean merger process Antwerp, July 17, 2025 (GLOBE NEWSWIRE) -- CMB.TECH NV (NYSE: CMBT & Euronext Brussels: CMBT) (“CMB.TECH”) provides a market update on the progress of the stock-for-stock merger between CMB.TECH and Golden Ocean Group Limited (NASDAQ: GOGL & Euronext Oslo Børs: GOGL) ("Golden Ocean"). The transaction is structured as a merger, with Golden Ocean merging with and into CMB.TECH Bermuda Ltd. ("CMB.TECH Bermuda”), a wholly-owned subsidiary of CMB.TECH, with CMB.TECH Bermuda as the surviving company (the “Merger”). In the framework of the M...
Subsea7 awarded contract offshore Norway Luxembourg – 17 July 2025 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a large1 contract by Equinor relating to the Fram Sør development project, offshore Norway. The project work scope covers engineering, procurement, construction and installation (EPCI) of subsea structures and flowlines including 53 kilometres of production, gas lift and water injection lines. The scope also includes installation of the umbilical system. It follows the award on 9 January 20252 of a contract for front-end engineering and design that ...
NEWS SUMMARY: AEDAS, CAF. Ibex above 14,300 points European stock markets climbed >+.10% in a session with few macroeconomic references and despite the continued tariff uncertainty. In the STOXX 600, most sectors (17/20) ended with gains, led by Banks and Construction vs. Media and Basic Resources that posted the biggest drops. On the macro side, in the US, in the Fed minutes several members warned about the risks stemming from a more persistent impact from tariffs on inflation and even though ...
Subsea 7 - awarded contract offshore Egypt Luxembourg – 4 July 2025 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of sizeable1 contract offshore Egypt. Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components for a tie back to existing infrastructures. Project management and engineering work will begin immediately at Subsea7’s offices in France, Portugal, and Egypt. Offshore activity is expected to start in 2026. David Bertin, Subsea7’s Senior Vice Presid...
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