Hitec Products Drilling changes name to Axon Norway AS
Hitec Products Drilling AS changes name to Axon Norway AS
Hitec Products Drilling Norway AS is in the process of aligning its business streams and brand with Axon Energy Products, and has today changed its name to Axon Norway AS.
Axon Energy Products is a group of companies in the drilling technology and well equipment industry, headquarted in Houston. Other Axon companies include Drilling Controls Inc, Church Energy Services, Inc. and Demay International.
Axon Norway has three distinct business streams: Axon Well Intervention Products (AWIP) supplies specialized equipment for well and simulation activities, Axon Control Products (ACP) delivers electro, instrument and control systems to the Oil and Gas industry, while Axon Rig Concept and Design (ARCD) offers a complete range of drilling solutions, from rig concepts to complete IDDs.
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15.12.2010
HitecVision increases ownership and delists Bjørge
Bokn Invest AS, a company owned by HitecVision and Aker Capital, acquired about 76% of the shares in Oslo Stock Exchange-listed Bjørge ASA through a voluntary offer in November 2009. In a number of transactions since the 8th November 2010, Bokn Invest has acquired all of the shares in Bjørge that it did not already own.
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26.11.2010
HitecVision invests in Core Energy
HitecVision, the leading oil and gas focused private equity investor, announced today an agreement to provide an equity line of USD 150 million to the independent oil and gas company Core Energy AS.
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22.11.2010
Hitec Products Drilling changes name to Axon Norway AS
Hitec Products Drilling AS changes name to Axon Norway AS
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05.11.2010
HitecVision increases holding in Grenland Group
HitecVision has today signed an agreement to acquire all the shares in HVS Invest held by Skogen Invest AS. HVS Invest has a 75.5% shareholding in Grenland Group (Oslo Stock Exchange: GGG), and HitecVision will, following the closing of this transaction, be the sole shareholder in HVS Invest.
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05.11.2010
New contract to Apply Leirvik
Apply Leirvik today announced the award of an EPC contract from Statoil for delivery of a Living Quarter and Helideck to the new Gudrun Platform.
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01.10.2010
Technor announces sale of Technor Safe Ex
HitecVision is pleased to announce the sale of Technor Safe Ex AS to BARTEC, the leading industrial technology safety company. HitecVision has over the past four years consolidated Safe Ex's position in the Norwegian market and is now handing over a company poised for growth in Norway and internationally.
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20.09.2010
HitecVision is pleased to announce the sale of Technor Safe Ex AS to BARTEC, the leading industrial technology safety company. HitecVision has over the past four years consolidated Safe Ex's position in the Norwegian market and is now handing over a compa
Bjørge ASA has today announced that it will reorganize into two independent companies, with its process, fire and safety solutions divisions demerged into a separate company.
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08.09.2010
Spring Energy announces major asset package sale
Spring Energy has today announced the sale of 15% in PL 378 (containing the Grosbeak discovery), 20% in PL 375 (containing the Beta discovery) and 20% in PL 551 to Talisman Energy Norge AS for an amount between USD 114.5 million and USD 129.5 million pending certain near term milestones.
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24.08.2010
AT Group announced at ONS
AT Group (ATG) created from four Energy & Industry supplier Groups.
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22.07.2010
Spring Energy: Discovery on Maria prospect
Spring Energy announces further exploration success in the recently completed exploration well (6406/3-8T2) on the Maria prospect in PL 475BS, 15 km East of the Åsgard Field and 5 km Northeast of the Trestakk discovery.
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06.07.2010
HitecVision aquires Tampnet from Statoil
Statoil and HitecVision have signed an agreement under which HitecVision will acquire Statoil’s subsidiary Tampnet AS.
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02.07.2010
Reef Subsea names Mark Preece as new CEO
Reef Subsea has appointed Mark Preece as Chief Executive Officer with effect from 1 July 2010.